ZBD “Friends with Benefits” Program Terms and Conditions
1. Program Eligibility
1.1 To participate in the ZBD “Friends with Benefits” referral program (the “Program”), send your custom code (the “Referral Code”) to another individual who has not previously created an account on the ZBD App (a “New User”). You may share the Referral Code directly with a New User or send them a link to the Referral Code generated through the App. New Users shall not create more than one account per device.
1.2 When a New User signs up for a ZBD account using your Referral Code (“Sign Up”), you are entitled to receive twenty percent (20%) (the “Payment”) of that New User’s earnings generated through the ZBD Arcade and ZBD Playtime features (“Earnings”) solely by such New User for a maximum of one year from the time of Sign Up. New Users have up to 48 hours after account creation to retroactively add the Referral Code in the “Enter Referral Code” section of the App to count as a Sign Up for purposes of earning a Payment. You are eligible to earn the Payment for New User Sign Ups only – you are not eligible for Payment based on Earnings generated by additional users subsequently brought into the Program by a New User and so on.
2. Payment Calculation and Payment
Every Monday ZBD will calculate the Payment amount earned the previous week and deposit the Payment into your ZBD account. The Payment is denominated in sats, but calculated based on the U.S. Dollar (“USD”) equivalent of the sats earned by the New User on a daily basis, starting each Monday. At the close of each Sunday of that week, the USD equivalent earned by the New User for that week is totaled and multiplied by twenty percent (20%). The result of that calculation is then converted into Bitcoin based on the price of Bitcoin at the time the Payment is made the Monday immediately following the close of the week on which the Payment was calculated. ZBD’s determination and calculation of the Payment is final.
3. Additional Terms
3.1 The Program may be modified or terminated by ZBD at any time; provided, however, that ZBD will provide written notice to you prior to any modification. Please refer to this page for the latest Program terms and conditions.
3.2 The Program, and your participation in it, are subject to the ZBD Terms of Service, which prevail with respect to any conflict between those Terms of Service and these Program Terms and Conditions. Your participation in the Program does not create any contract between you and ZBD, other than that established under the Terms of Service.
3.3 Without prejudice to any other rights or remedies of ZBD, if ZBD reasonably suspects that any Payment paid under the Program has been generated through fraud or in breach of these Program terms and conditions or the ZBD Terms of Service, ZBD may set off or deduct the amount of such Payment from any future Payment due to you.
3.4 If your ZBD account is terminated for any reason, then as of the date of such termination (the “Termination Date”): (a) your Referral Code will be immediately deactivated; (b) your participation in the Program will be immediately terminated; and (c) ZBD will pay you all outstanding Payment amounts earned as of the Termination Date; provided, however, that if your ZBD account is terminated by ZBD for cause under the Terms, then all unpaid Payment(s) as of the Termination Date shall be forfeited to ZBD and you waive all right or entitlement to recover such Payment(s) from ZBD.