CREDIT EXCHANGE TERMS OF SERVICE

The Airship Credit Exchange Program (also known as CredEx) is a program that allows Airship creators to exchange their Earned Credits for real money.

Acceptance of Terms

Below are the terms and conditions that govern CredEx (“the CredEx Terms”). These CredEx Terms are part of the Easy Games Terms of Use, which define some of the capitalized words used below. You must agree to the Terms of Use, which include these CredEx Terms, to participate in CredEx.

Eligibility Requirements

Eligibility to participate in CredEx is solely up to Easy Games, and the requirements may be changed by Easy Games at any time by updating the CredEx Terms. To participate in CredEx you must meet all the following minimum requirements (“the Eligibility Requirements”):

  1. Be at least 18 years of age or older;
  2. Have at least 10,000 Earned Credits (defined below) in your account;
  3. Have a valid CredEx portal account;
  4. Have an IRS form W-9 (for U.S. taxpayers) or W-8 (for non-U.S. taxpayers) on file with Easy Games;
  5. Comply with the Ongoing Service Requirements for Developers (described below); and
  6. Be in complete compliance at all times with the Easy Games Terms of Use, which include these CredEx Terms. By way of example, the following will disqualify you from CredEx: scamming, phishing, false advertising, attempting to exchange Credits for real currency other than through CredEx, and any illegal or unethical activities.

Amount Eligible to Cash Out

We will determine how much you are eligible to Cash Out by totaling the amount of Credits earned (over the lifetime of the account) and subtracting the amounts previously paid out to you through CredEx.

Earned Credits

Easy Games allows Creators to earn Credits (“Earned Credits”) by selling or monetizing certain Content they create on the Services. Earned Credits only include Credits you have earned in complete compliance with the Easy Games Terms of Use through the Services from the direct sale or other monetization of Content that you create on the Services or Credits awarded by Easy Games in designated promotional campaigns. This includes, but is not limited to, Credits earned from:

  1. In-experience purchases of virtual products,
  2. Playtime based earnings

Credits acquired in ways other than monetization of compliant Content you created (such as Credits obtained from a membership plan or referral bonus, a purchase of Credits or gift card, or trading/selling virtual goods that you did not create) are not considered Earned Credits. This includes, but is not limited to, Credits obtained from:

  1. A direct purchase of Credits
  2. A monthly Credit grant as part of a subscription
  3. Trading or resale of virtual products
  4. Virtual products sold for template experiences with no legitimate user visits
  5. Violative content that was moderated

The determination of whether Credits are Earned Credits resides solely in Easy Game's discretion.

Ongoing Service Requirements for Developers

To participate in CredEx, you must meet the “Ongoing Service Requirements for Developers,” which are to provide an on-going service that complies with the Easy Games Terms of Use and any instructions you receive from Easy Games. As part of this requirement, you must do the following:

  1. Work with Easy Games and Easy Games users to resolve any issues involving the Easy Games Terms of Use;
  2. Update your Content for security and technical reasons and ensure your content complies with Easy Games's latest technical and security updates and best practices; and
  3. Assist Easy Games upon request with legal requirements, such as removing Content that has been accused of violating copyright laws.

Cash Out

A “Cash Out” is an option to exchange your Earned Credits for U.S. dollars at the “Current Exchange Rate for Cash Out” set forth below, which rate is subject to change at any time by Easy Games by updating the CredEx Terms. If you satisfy all the Eligibility Requirements, Easy Games will decide in its sole discretion whether to offer you a Cash Out and how much you are eligible to receive in a Cash Out. Under normal circumstances, a Cash Out will total the amount of Earned Credits you obtained over the lifetime of the account minus all Earned Credits previously exchanged by you through CredEx. Easy Games may, in its discretion, require eligible Creators to Cash Out amounts in excess of 10 million Earned Credits. The following additional limitations apply to Cash Outs:

  1. The Current Exchange Rate for Cash Out is $0.01 U.S. Dollars per Earned Credit.
  2. You are not allowed to initiate a Cash Out more than once a month.
  3. Eligibility to Cash Out is reviewed after you submit a request to Cash Out.
  4. When you initiate Cash Out, Easy Games will perform a close review of activities on your account to confirm that you earned Credits in compliance with the Terms of Use. We are not able to predetermine your eligibility for Cash Out.

Acknowledgements and Further Agreements

In order to participate in CredEx, you further acknowledge and agree to the following:

  1. Clicking the “Cash Out” button does not guarantee that you are eligible to, in fact, Cash Out. When you click that button, Easy Games will then determine whether you meet the Eligibility Requirements and whether to provide a Cash Out at Easy Games's discretion.
  2. Prior to any payments being made, Easy Games requires you to have an IRS form W-9 (for U.S. taxpayers) or W-8 (for non-U.S. taxpayers) on file with us. All payments made to U.S. users (other than for certain limited exceptions due to reporting requirements) will be reported to the IRS and to you using a form 1099. Payments made to non-U.S. users will not be reported to their home countries.
  3. Transaction fees are assessed on each payment (which will be paid from any amounts that would otherwise be owed to you hereunder). These fees are charged by our CredEx portal provider (Easy Games does not assess any fees in addition to those charged by our provider), and vary depending on payment method chosen.
  4. You are responsible for any taxes that may be owed due to a Cash Out. For tax purposes, Easy Games considers the Cash Out payments to be payments for the services you have provided. All participants (whether you live in the US or elsewhere) are responsible for ensuring that all payments received are reported to the proper taxing authorities.
  5. We are not able to remit payments to certain countries, entities, or individuals because of legal or other considerations.
  6. If your Airship account is inactive (i.e. no authenticated sessions on the Airship platform) for a period of two and a half years or more, your account will be considered inactive and ineligible to participate in CredEx, and you will need to re-apply should you wish to participate again.
  7. We may transfer information, including about the developer, their account, and traffic, to third parties for purposes of protecting user and platform integrity, including protecting against fraud.
  8. Easy Games reserves the right to modify, amend, or cancel the CredEx Program, add, remove, or modify the Eligibility Requirements, and change the Current Exchange Rate for Cash Out, all at any time and for any reason by updating the CredEx Terms. The existence of the CredEx Program today in no way creates an obligation for us to continue the program in the future, nor does it guarantee that Earned Credits can be exchanged in the future. We reserve the right to review activity on accounts to assess the validity of Earned Credits balances, and to deny payment to any user that we feel has violated the terms or the spirit of our program, including but not limited to these CredEx Terms and the Easy Games Terms of Use.