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Discussion # 4: Creators earning money directly from IMVU
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badboy VIP Club Member
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PostPosted: Thu Apr 09, 2015 4:56 pm    Post subject: Discussion # 4: Creators earning money directly from IMVU Reply with quote

Original thread posted by Varsha

Thread 2

Thread 3

IMVU's announcement regarding how Creators can now earn money for their product sales directly from IMVU.

The original announcement will stay locked so everyone has an easy way to access and consume that information.

IMVU staff will be actively monitoring the discussion here, however, may not respond to each and every post. We will however update the FAQs as and when needed based on this discussion.

Reminders: Please keep your posts on topic. As per our forum rules, baiting, attacking each other, etc is not okay.

Thank you.

Other Staff Responses in this thread:

Link - Page 2 - Clarification on Creator notifications, profit rate, and credit purchase rates
Link - Page 3 - Creators won't have to worry about when credits can be purchased under the new structure
Link - Page 3 - Clarification on decisionmaking process, and involvement with resellers during the transition period.
Link - Page 8 - Clarification on taxing for international creators
Link - Page 9 - Multiple clarifications including Announcements, Credits and Money, International Creators and All Creators
Link - Page 10 - For now you will have to verify each creator account individually, but IMVU is working on linking accounts together.
Link - Page 20 - You can earn money or credits, or both as a creator.
Link - Page 21 - IMVU has never been hacked, but has been subject to a DDOS attack that reduced service to customers, but that was external to IMVU.
Link - Page 35 - International creators only pay the 30% tax if they do not supply IMVU with their tax information. Although the creator agreement mentions a transaction fee for multiple payouts, IMVU has no plans to invoke it at this time.
Link - Page 35 - Creators have until April 14th to sell their credits to a reseller
Link - Page 35 - Reasoning behind selecting Paypal as payment processor.
Link - Page 35 - Creators will earn credits by default unless they select to earn money
Link - Page 39 - Reiteration about taxing and creator payout fees.
Link - Page 40 - Explaining why the source of credits is important to IMVU purchasing them, notification to all IMVU users going out thursday, and credits will still be used for submissions
Link - Thread 2, Page 2 - Where to find information about Jon Watte.
Link - Thread 2, Page 3 - More clarification about the signup process
Link - Thread 2, Page 4 - More clarification about taxing
Link - Thread 2, Page 4 - Credit gifting does not change, and transfer limits are still in place.
Link - Thread 2, Page 5 - Signatures are required on forms submitted to IMVU, but they may be electronic signatures.
Link - Thread 2, Page 6 - Anyone selling credits in an unauthorized manner is still subject to actions against their account, including disabling
Thread 2 - Page 9 - More clarifications on taxing
Thread 2 - Page 86 - Updates and clarifications
Thread 2 - Page 86 - Clarifications on Earning Credits versus money, Orders placed with IMVU, Credits earned from other than sales, Every creator can earn money
Thread 2 - Page 88 - Explaining we are on an accelerated pend schedule
Thread 2 - Page 89 - How pended credits and income events are now displayed
Thread 3 - Page 11 - Reminders
Thread 3 - Page 20 - Derivation costs explained
Thread 3 - Page 29 - Updates/Clarifications
Thread 3 - Page 36 - Cash vs. Cash earnings in pend, How long is Verification taking?
Thread 3 - Page 38 - Option for part credits and part cash?, The switch between the two options is secure, Once you select cash, you must get payment in cash
Thread 3 - Page 43 - Database issue was not a hack against IMVU
Thread 3 - Page 48 - No truth to the rumor that people are being disabled over protests
Thread 3 - Page 48 - Yes you can send documents via snail mail
Therad 3 Page 73 - Link to post by Brett IMVU's CEO
Therad 4 Page 77 - Clarifications on derive fee being paid in credits
Thread 4 - Page 79 - Clarification on how IMVU will work with creators who fail verification
Thread 4 - Page 80 - Address for sending documents to IMVU via Snail mail
Thread 4 - Page 82 - Clarification on Account Verification and Filing tax forms for those outside of the US
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PostPosted: Thu Apr 09, 2015 5:18 pm    Post subject: Reply with quote

Well Imvu Your organisation s***ks!

First you try to rip off all creators (customers) (we pay and pay and pay and your tier system s**ks because even your own customer service does not know what happens to ones tier if you ask them and I have that on paper. Second your organisation is very worthless and slow if you have a product that does not work, even your own organisation is not capable to take that out of the catty. You rip off the customers by driving up the prices for creators.

I also feel with the registered resellers, Im sorry for them!

I was here for years before and you were never able to solve problems with all the feedback you got you putted it all to fill more and more your own hands (not customers) and I can not get rid of the feeling that some (not from staff) work with you either! 5 or 6 creator accounts, all pro how the hell do they do that?? And the most laughing thing is that one account says to other account wow what a nice product!

Then when you have to much creators you come with this solution, to cut off a lot of creators (read customers) who made Imvu grow, I really feel sorry for Imvu! for the community.

Your internal organisation is the most uncapable organisation there is and I never will be back again sorry for my customers! I putted a lot of work in my products but never mind Imvu will soon die here so I hope they all find a new nice organisation. I just cancelled my Vip subscription wow what a fast mail from Imvu the only time when they are fast lol. So for all my friends on here I hope you still can have fun Im gone 4ever!! beye beye
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PostPosted: Thu Apr 09, 2015 5:18 pm    Post subject: Reply with quote

Wew, one day they will listen

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PostPosted: Thu Apr 09, 2015 5:18 pm    Post subject: Reply with quote

4 threads. 2 days.

Oh the community sure wanted this change.
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PostPosted: Thu Apr 09, 2015 5:18 pm    Post subject: Reply with quote

And here we are..#4. Rolling Eyes
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PostPosted: Thu Apr 09, 2015 5:18 pm    Post subject: Reply with quote

Solution:
IMVU get out of the states and go to some tax-free country.
We don't want your services here anymore if it causes you to screw us all over.
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PostPosted: Thu Apr 09, 2015 5:19 pm    Post subject: Reply with quote

Eroi wrote:
4 threads. 2 days.

Oh the community sure wanted this change.

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PostPosted: Thu Apr 09, 2015 5:19 pm    Post subject: Reply with quote

EmeraldLagoon wrote:
Solution:
IMVU get out of the states and go to some tax-free country.
We don't want your services here anymore if it causes you to screw us all over.

^yes please
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PostPosted: Thu Apr 09, 2015 5:19 pm    Post subject: Reply with quote

Another thread.
We don't want this, nothing more to say.
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PostPosted: Thu Apr 09, 2015 5:19 pm    Post subject: Reply with quote

I'm just wondering if IMVU is going to become "Incorporated" and thats the reason for the change. I don't know US laws and the hoops one has to jump through to become incorporated but surely there is no need for IMVU to screw over creators and users?
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PostPosted: Thu Apr 09, 2015 5:19 pm    Post subject: Reply with quote

The community surely wants this with FOUR threads in two days. Real smart IMVU. Real smart.
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PostPosted: Thu Apr 09, 2015 5:20 pm    Post subject: Reply with quote

Any word on all of THIS ? This sure doesn't sound secure to me. Scary as heck... Shocked
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PostPosted: Thu Apr 09, 2015 5:20 pm    Post subject: Reply with quote

LinkNightWolf wrote:
Eroi wrote:
4 threads. 2 days.

Oh the community sure wanted this change.


and barely a positive comment among them.
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PostPosted: Thu Apr 09, 2015 5:20 pm    Post subject: Reply with quote

EmeraldLagoon wrote:
Solution:
IMVU get out of the states and go to some tax-free country.
We don't want your services here anymore if it causes you to screw us all over.


Yeah, come to Germany. I don't know about the tax situation here, but at least that way certain people will be closer when they need their faces slapped.
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PostPosted: Thu Apr 09, 2015 5:20 pm    Post subject: Reply with quote

Reposting as this is a new thread and I am trying to suggest soloutions


So now that Resellers are for want of a better term "extinct" and IMVU is the sole source of credits...

It's obvious that demand for their credits will increase because whether we want to admit or not a lot of IMVU users are going to end up buying from the Corporation because there is no other outlet.

What I would like IMVU to consider though because obviously they are not going to reconsider this move they made today (under the guise of compiling with new US Laws) is that as the sole source of credits now it would benefit all if you

1) lower the cost of your credits (As a higher demand would make this possible) It will also be a act of good will to the users and allow us to see that IMVU is not all about the bottom line and profit mongering (Yeah right!)

2) You have gotten rid of the competition so why not become "The Reseller" yourself and allow Content Creators to sell creds to you for a fair price in return (I know it was said in the announcement that IMVU has to be sure as to where the credits came from but wasn't this resolved when the pended payment policy came into effect? I know I have a lot of transactions of mine reversed when the customer bought my stuff with what IMVU termed "fraudulent credits" So I am certain you have ways to deal with that issue)

3)Set up some kind of currency exchange for your Members where by they can set their earnings to credits or real cash as per the new system but have the ability to switch it as the need arises for example if I have 1000K in creds but I want to use cash I can switch it using a standard rate that allows me to make my 1000K $0.40 as the case maybe and vice versa so it eliminates the issue of needing to use creds at one point or cash at another.

4) Do away with the predits cause now with this system where IMVU now has full control of the IMVU economy there is no rational for having them.

God knows how many of us have all those predits we never used due to the fact that we had to spend our real credits before we could get rid of them. And think about it with the new system there will be people who have both predits and real credits that they can't get dispose of in the manner they would like to or that would be satisfying to them.


and 5) Get rid of the Predits Metric for tiers because even before this new change it was an unfair metric cause nobody could spend them anyway except noobs just joining the site and have no idea how to shop.

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