A · Company Introduction
1. The Company
The following terms and conditions apply to your use of "Glamgenius platform", including any content, functionality and services offered on or via www.glamgenius.com
This page serves as the Legal Document for Information regarding the Terms and conditions of Trade and Use belonging to the Company "What is Money Ltd", registered in the United Kingdom with Company registration number 13416876, trading usender the business name "Glamgenius platform" and the Use of its Website.
The Company "What is Money Ltd" shall be refered to hereon out as "the Company", "Glamgenius platform", or "Glamgenius" throughout the navigation of this page and of this Website.
The online address or Website representing the Company throughout its trading activities is "
https://www.sonmi.com".
The visitors of the Company's Website, whether they engage in Online interaction or they don't, whether registered or non-registered users, shall be referred to hereon out as "Customers" or "Customer".
2. Trade operation
The Company operates under rules and regulations that stand as legally active in the United Kingdom and are also recognised internationally for the purpose of trade.
3. Fundraising campaigns
We've recently launched 2 fundraising Campaigns on Indiegogo and Kickstarter to raise funds and also to potentially gather a crowd of likeminded individuals interested in the platform's development further.
We offer great rewards for funders, our coFounder plan being the most impressive.
In simple terms, the coFounder plan offers people from around the world the opportunity to become part of the Company and receive equal share from Company profits.
This is delivered in the form of contract gurantees.
This is a legal contract between funders that choose the coFounder plan and the Company.
Note that there will be no stock/equity, no favor, no request or demand offered along with the contract guarantee, other than what will be stipulated in the terms and conditions.
Our initial goal will be to develop a stable version for the web at launch, as well as producing an advanced version that people will download on their devices, at a later stage.
Attention:
These fundraising campaigns are not addressed to the intelligence community.
We are not interested in receiving funds from or providing rewards to anybody found to be within the intelligence community circle.
Note that, if you decide to pledge, whatever the amount may be, whether you will choose the coFounder plan and be awarded a contract guarantee with the Company, or whether you will choose a different reward, or no reward at all, you acknowledge that you have read these terms and are aware of them, and if we discover, at any point during our communications, that you are or were part of an intelligence agency at the time of the pledge, we will refund your pledge amount and if you pledge into our coFounder plan, your contract guarantee will be revoked.
B · coFounders Introduction
As with any startup project, we seek pledges from the crowd to further develop the platform to modern standards and to facilitate a strong market position at launch where a lot of competition awaits.
This is when the name "coFounders" comes into play.
We offer a one in a lifetime opportunity to those interested in joining this project.
Anyone that pledges the minimum required amount of 999.99$ will automatically be regarded as a coFounder.
Unlike the usual corporate setup, we offer contract guarantees rather than stock.
The contract guarantees are just what you need when it comes to long term pledges, legally binding contracts between you and the platform.
They are described in detail at paragraph E., however, to briefly sum it up, you join with only 999.99$ and you receive equal share revenue throughout the course of the platform's life, as long as the Company is standing.
You might say this is too good to be true but have a look at our pitched startup plan:
If you know the market and you have a good eye to spot the innovative ideas we plan to put into action, you will recognise this project as being on a slow but steady path to becoming a reputable player in the information networking industry.
Act now !
Get your hands on a top position within the Company, early on !
Start with just 999$
Pledge more if you have it
You get your money back and equal share in the Company
Legal contracts promise
Money Back Guaranteed
Always Revenue Equal Share Level 5
Contract ongoing as long as the Company is standing
Platform gets built
Bringing in Partners
Building the Platform
Launch on the Market
Company gets big
Expansion and scaling
Bringing in more work Partners
Increasing the equal share revenue
Equal Share Level 5
Monthly revenue is distributed among coFounders and Partners based on their levels
coFounders receive level 5 always, which is the maximum available.
C · Partners Introduction
We welcome people from around the world, real people that have a story to tell, whether it's from the worldwide scene, or from their local area, anything worth reading or listening to.
Share news and opinions, comment on what is happening home and abroad, bring your ideas to the eyes and ears of readers from around the world and start earning.
If you haven't come on board with us from the startup stage, you can still join the Company as a Partner.
You can receive an equal revenue share, just like the coFounders, however, this will depend on the volume of work you produce and performance.
Be part of the change
Benefit from equal share revenue in the company
Your passion is now bringing you earnings
Earn more than ever before
Minimum contract requirements
Daily platform login and interaction with other users
Depending on your role, producing the minimum requirement on a weekly basis
Enjoy equal share in the company
Equal Share Levels 1 to 5
Quality and volume of work count towards earnings distribution
Better quality of work means more money in your account
Minimum Level 1, never a 0
D · Registration
coFounders and Partners eligibility
There are conditions of eligibility that apply to coFounder and Partner scheme registrations.
To ensure a smooth revenue share operation, Partners and coFounders must be enrolled with their local government's taxing system.
We carry extensive identity and background checks at point of coFounder or Partner registration.
This is to discourage fraudulent activity such as obtaining multiple share revenue per single user
E · Contract Guarantees
Our coFounder and Partner plans offer contract guarantees to eligible participants.
coFounder plan
While in the startup stage, we offer top positions in the Company as coFounders.
To qualify, eligible participants must pledge a minimum of 999$.
What do coFounders get ?
Money back guaranteed
Once Company profits are coming in, your initial pledge of 999$ will be returned to your account.
Equal revenue share from Company profits
This will guarantee the highest level of revenue share available for participants, level 5.
Pledging more than the minimum amount will not earn you more revenue share. Also, multiple accounts from the same user are prohibited.
Promo
Use our paid advertising system to promote your product / service / website to other platform users for a period of 30 days, with no fees
Username
Reserved username, prior to public launch ( excluding celebrity handles )
Glamgenius.com /YourName
Note that you can't register a handle that a celebrity is using on another platform, except if you are that celebrity.
A celebrity qualifies as anyone that is using their social media accounts for business purposes, and generally it's anyone with a user base above 100.000 followers.
If you do try to reserve a celebrity handle and you can't prove that you are that celebrity, your pledge money will be refunded.
Link
Your name / username will be mentioned and linked in the offical founding memorium on our platform. This is an article that will be posted by the platform to remember all those that contributed to its development, similar to how a famous building may display a physical plaque honoring its architects, designers and financiers.
Honor
Digital honorary plaque visible on your account
Special Account
Enjoy new features, before they're available to other users
Priority Account
Be among the first to register and test use the platform, before the official public launch.
Who is eligible ?
Only one contract per registered user.
If multiple accounts are found per single user, all accounts will be disqualified and the opportunity to participate in the coFounder plan will be revoked.
Participants are required to hold valid documents with their country's identity registration system.
They also have to be enrolled with their government's taxing system.
Identity and background checks are carried out to ensure that there is no illegal activity occurring.
Partner plan
After the launch, users that are interested in producing work for the platform are able to join, at any time, as a Partner.
Various roles that aid in the development of the platform will be provided to eligible Partners.
These range from content writing to software development or promotional specialists.
Depending on the role provided, each position will carry a minimum work requirement per weekly or monthly roll.
Within that time frame, the work activty will be analysed to effectively distribute Partner revenue share.
The earnings are incrementally calculated in relation to the volume of work produced thereby incentivising Partners towards quality work.
The more work and the better performance, the more the earnings.
Beyond production volume, the quality of the content and its effectiveness towards user attraction, user interaction and ad revenue or sales also count towards income level distribution, all being regarded in the algorithm of calculation.
There is also a limit to the volume of work produced which is relative to the amount of hours a Partner can dedicate in an average period of time.
What do Partners get ?
Sharing level fluctuation from level 1 to level 5, depending on their periodic performance.
Minimum level 1, never a 0, just as long as the work minimum requirements are in order.
Special Account with a personalised account area
Priority Account, try new Features with priority to other users.
Who is eligible ?
Only one contract per registered user.
If multiple accounts are found per single user, all accounts will be disqualified and the opportunity to participate in the Partner plan will be revoked.
Participants are required to hold valid documents with their country's identity registration system.
They also have to be enrolled with their government's taxing system.
Identity and background checks are carried out to ensure that there is no illegal activity occurring.
Equal Share Revenue Plan
After the costs of maintenance and development as well as taxes are covered, the remaining profit is distributed among coFounders and Partners on a periodic basis, with regard to their pledge position, or, if non-funder, the volume and quality of work produced as well as the impact that their content has on user attraction, user interaction, and ad revenue or sales.
coFounders receive level 5 revenue share, the highest available.
Partners receive sharing level fluctuation from level 1 to level 5, depending on their periodic performance.
Note that if the Company does not make a profit in a certain period, there will be no revenue distribution for that period.
Periodic development and expansive ventures require more of the profit going into company expenses, however, our experts are devising good revenue distribution tactics to ensure that coFounders and Partners are happy but also to see that opportunities do not escape the Company development plan.
This means that, periodically, CoFounders or Partners can re-pledge their profits into the company to facilitate growth and expansion, which ultimately leads to higher revenue share.
Say monthly revenue is 1000$ with 10 coFounders ( Level 5 ) and 3 Partners that reach Level 1, 3 and 5 respectively at the end of the period based on their Work Performance.
The 10 coFounders would get 84.70$ each, while the 3 Partners would receive ( Level 1 - 16.90$, Level 3 - 51.50$, Level 5 - 84.70$ )
Notice how one of the Partners earns considerably more than the others, because of reaching a higher level of Performance.
In an ideal scenario, quality work produced by Partners will earn each of them a level 5 position, however, in reality, some content may be ignored by the Customers.
Note that there will be no equity, no favor, no request or demand offered along with the contract guarantee.
You will not expect to receive anything in return from us, no favor, no request, no demand, other than what has been stipulated in these terms and conditions.
F · User handles / Usernames
The Company includes in the coFounder plan, as well as for individual requests the possibility of registering a preferred username in the form of:
Glamgenius.com /YourName
This is a short link / tiny url that users enter in their browser to direct them to your Glamgenius account profile
When facilitating the registrations of such username, the following terms are applied:
You can register any username / user handle of your preference as long as it doesn't match the exact username of a celebrity or a business that is used on another platform
A celebrity qualifies as anyone that is using their social media accounts for business purposes, and generally it's anyone with a user base above 100.000 followers.
Our system automatically checks other platforms to ensure that the username of your choice is not being used elsewhere by a celebrity or a business
If you do try to reserve a celebrity or business username that is used on another platform and you can't prove that you are the account holder, we will reject your request and any pledge money associated with this request will be refunded to you.
G · Account deletion
All requests to permanently remove your account data from our system should be addressed to the following email:
info@sonmi.com
H · Liability
At this point, the platform is not trading and the use of its functionality is for demonstration purposes only. You use the platform and its website at your own risk.
To the fullest extent of the law possible within the governing body, we cannot be held liable if any harm comes to our coFounders, Partners or Customers following the use of our platform or website, or when following an external link.
I · Copyright
The Company holds Copyright over the website's content and you, the Customer, whether registered or non-registered user, are hereby informed that, without our express written consent, any copy and use of the website, texts, images, logos, or website code in its exact form or in a form which can be concluded to have originated from this website is considered illegal and shall be brought to a legal Court resolution according to Copyright laws that are valid in the United Kingdom and on the online medium.
J · Changes to these Terms and Conditions
The Company reserves the right to change these Terms and Conditions at any time with the appropriate notice given to its coFounders, Partners and Customers as soon as any change occurs.
The Company takes the Information regarding the Terms and Conditions of Trade and Use of the Company provided to our coFounders, Partners and Customers seriously and would welcome critiques in regards to any consideration of failure of service that may arise in our coFounders, Partners and Customers view and such critique may be forwarded at the following email address:
complaints@sonmi.com
Any changes regarding these Terms and Conditions, the placement of "cookies" or any other changes affecting the Privacy of its coFounders, Partners and Customers shall be reflected here on the "Terms and Conditions" page of the Website at the following URL:
https://www.sonmi.com/