English is the official language of this legal document. Spanish-language assistance is available at support@volcanobox.ca.
1. What Are VolcanoBucks?
Promotional Platform Credits (including "Founder Credits") are non-monetary promotional incentives issued by VolcanoBox to incentivize participation in the platform's launch phase.
IMPORTANT: Founder Credits are NOT:
• Stored monetary value or cash equivalents
• Gift cards, vouchers, or payment instruments
• Banking instruments, securities, or investments
• Guaranteed future value or equity
• Transferable or refundable
• Your property or asset (promotional incentive only)
Founder Credits are promotional launch incentives and do not represent ownership, investment rights, or guaranteed future platform value.
2. General Terms & Conditions
2.1 Non-Transferable
Credits are issued to a specific account:
• Cannot be transferred to other accounts
• Cannot be gifted, sold, or traded
• Transfer attempts result in account termination
2.2 Non-Refundable
Founder Credits:
• Cannot be refunded to cash or payment method
• Are forfeited upon account termination
• Cannot be exchanged for cash
• Purchases made with credits are not refundable for cash (subject to policy exceptions)
2.3 Expiration
Credits expire:
• On specified expiration date (stated at issuance)
• Expired credits are forfeited and non-recoverable
• VolcanoBox does not notify of expiring credits
• Responsibility falls on account holder to track expiration
2.4 Acceptance & Use
By accepting Founder Credits:
• You acknowledge these terms
• You agree to use credits only for permitted purchases
• You agree not to attempt to liquidate or resell credits
• You agree to forfeit unused credits if account closes
2.5 No Interest or Earnings
Credits:
• Do not earn interest or secondary value
• Have no liquid market value
• Cannot be invested or leveraged
• Do not appreciate in value
3. Credit Issuance & Eligibility
3.1 Founder Access Program
Credits are issued to accounts that:
• Create account during founding member phase
• Verify email address
• Complete account setup
• Are located in eligible regions (Canada, select US)
3.2 Eligibility Requirements
To receive and maintain credits, you must:
• Be 18+ years of age
• Maintain active account in good standing
• Not engage in fraud or ToS violations
• Not attempt to manipulate or exploit the program
3.3 Issuance Timeline
Credits are issued within:
• 24-48 hours of account creation
• After email verification completion
• Manual verification may add 3-5 business days
3.4 Multiple Accounts
Creating multiple accounts to gain extra credits:
• Violates these terms
• Results in suspension of all duplicate accounts
• Credits forfeited from all accounts
• May result in permanent ban
3.5 Documentation
VolcanoBox issues credits without:
• Paper certificate or physical documentation
• Legal claim or ownership document
• Tax receipt or 1099 documentation
• Investment documentation
4. Using Your Credits
4.1 Where to Use Credits
Credits may be used for:
• Purchases on the VolcanoBox platform
• Product orders (subject to availability)
• Eligible promotional offers
Credits CANNOT be used for:
• Paying fees or charges not related to product purchases
• Refunds or credits to cash/payment method
• Transfer to other accounts
• Purchase of gift cards or credits (circular usage prohibited)
4.2 Credit Application
• Credits automatically apply at checkout if available
• Partial credit usage is permitted
• Remaining balance retained in account
• Credits expire even if partially used
4.3 Pricing & Discounting
• Products maintain same prices whether purchased with credits or cash
• No "credit bundles" or special pricing for credit purchases
• Promotions apply equally to credit and cash purchases
4.4 Refunds of Credit Purchases
Purchases made with credits:
• Are refundable per Refund & Returns Policy
• Refund issued as reinstated credits to account
• Cannot be refunded to cash or payment method
• Refunded credits are subject to original expiration date
4.5 Credit Balance Tracking
• Balance displayed in account dashboard
• Updated in real-time after purchases
• Expiration date shown in account
• VolcanoBox is not responsible for tracking expiration on behalf of users
5. Credit Suspension & Revocation
5.1 Suspension of Credits
Credits may be suspended if:
• Account violates Terms of Service
• Fraudulent activity detected
• Suspicious or unusual account behavior
• Policy violation confirmed
5.2 Revocation of Credits
VolcanoBox reserves right to revoke credits if:
• Account engages in fraud or manipulation
• Credits obtained through exploiting system error
• Chargeback filed on qualifying purchase
• Terms of Service violations documented
5.3 Appeal of Suspension
If credits are suspended:
• You will receive notification with reason
• You may appeal within 14 days
• Submit appeal with explanation to support@volcanobox.ca
• VolcanoBox will respond within 5-7 business days
5.4 Final Decision
VolcanoBox's decision on credit suspension or revocation is final:
• No further appeals accepted after final decision
• Suspended credits are forfeited
• Account remains eligible for other platform services
6. Program Modifications & Termination
6.1 Program Changes
VolcanoBox reserves right to:
• Modify credit terms, conditions, or expiration dates
• Change credit amounts or issuance criteria
• Adjust eligible uses or product categories
• Implement new restrictions or requirements
6.2 Advance Notice
Material changes will include:
• Email notification to affected accounts
• Announcement on platform
• 30-day advance notice when feasible
• Continued use after notice implies acceptance
6.3 Program Termination
VolcanoBox may terminate the Founder Credits program:
• At any time without notice
• Remaining credits become non-refundable
• Expiration dates accelerated upon termination notice
• Alternative program may be offered (at VolcanoBox discretion)
6.4 Account Closure
Upon account termination:
• All unused credits forfeited
• Credits do not transfer to new accounts
• No refund or compensation provided
• Reactivated accounts do not recover lost credits
7. Legal Disclaimers
7.1 No Investment Value
Credits do not constitute:
• Securities or investment products
• Financial instruments or currency
• Equity, ownership, or profit-sharing rights
• Claims against VolcanoBox assets or revenue
7.2 No Government Backing
Credits:
• Are not insured or guaranteed by governments
• Are not deposits in a financial institution
• Are not protected by deposit insurance
• May be lost entirely with no compensation
7.3 No Legal Claim
By accepting credits, you waive any:
• Legal claims against VolcanoBox for credit loss
• Right to pursue disputes in court for credit disputes
• Right to class action against credit program
7.4 Not a Loan or Debt
Credits do not:
• Create debt obligation on VolcanoBox
• Require repayment
• Earn interest or returns
• Survive account closure or program termination
7.5 Sole Discretion
VolcanoBox operates the credit program at its sole discretion:
• All decisions final and binding
• No obligation to provide explanation or justification
• No appeals process for program termination
• No alternative compensation offered
8. Tax & Regulatory Considerations
8.1 Tax Responsibility
Credits are issued as:
• Promotional incentives (not taxable income to recipients in most jurisdictions)
• Non-monetary value
You are responsible for:
• Determining tax implications of credit issuance
• Consulting with tax professional
• Reporting credits as required by applicable law
• Paying any taxes owed related to credit use
8.2 No Tax Reporting
VolcanoBox does not:
• Issue T4As or 1099s for credit issuance
• Provide tax documentation
• Report credits to tax authorities
• Advise on tax treatment
8.3 Regulatory Compliance
Credits are issued to comply with:
• Canadian promotional regulations
• Quebec consumer protection laws
• Provincial/territorial regulations
• US state laws (where applicable)
Credits do not constitute:
• Prepaid cards (regulatory exempt)
• Gift cards (different regulatory treatment)
• Currency or payment instruments
• Stored value products
9. Fraud Prevention & Verification
9.1 Eligibility Verification
VolcanoBox may:
• Verify account legitimacy
• Require additional documentation
• Confirm address and identity
• Investigate suspicious account activity
9.2 Fraud Indicators
Accounts exhibiting suspicious behavior:
• Multiple accounts from same location
• Attempts to resell or transfer credits
• Unusual purchasing patterns
• Geographic inconsistencies
• Technical manipulation attempts
9.3 Account Review
Accounts flagged for fraud:
• Subject to manual review
• Credits held pending investigation
• Account may be suspended during review
• Decision issued within 10-14 business days
9.4 Consequences of Fraud
Confirmed fraud results in:
• Permanent account suspension
• All credits forfeited
• Possible law enforcement referral
• IP address/device blacklist
9.5 Appeal of Fraud Finding
If you believe your account was wrongly flagged:
• Email fraud-appeal@volcanobox.ca within 14 days
• Provide explanation and supporting evidence
• VolcanoBox will review within 7-10 business days
• Final decision is binding
10. VolcanoBox Is Not Liable For
VolcanoBox is not responsible for:
• Lost or forgotten passwords preventing credit use
• Credits not used before expiration
• Overspending resulting in credit loss
• Account termination resulting in credit forfeiture
• Third-party access to account and credit usage
• Platform outages preventing credit redemption
• Changes to credit terms or program termination
• Browser errors or technical issues during purchase
• Fraudulent account activity on your account
• Credits issued by error and later reclaimed
11. Questions & Support
For questions about Founder Credits or promotional programs:
Email: credits@volcanobox.ca
Phone: Available during business hours
Account: Dashboard "Help" section
We respond to all inquiries within 24-48 business hours.
For technical issues redeeming credits:
• Clear browser cache and cookies
• Try different browser or device
• Contact support@volcanobox.ca if issue persists