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Discussion # 6: Creators earning money directly from IMVU
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Qwerty VIP Club Member 18+ Age Verified
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PostPosted: Sat Apr 11, 2015 12:47 am    Post subject: Discussion # 6: Creators earning money directly from IMVU Reply with quote

Original thread posted by Varsha

Thread 2

Thread 3

Thread 4

Thread 5

Thread 6

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 Discussion:

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
Thread 5 - Page 15 - Creator account verification is down for maintenance
Thread 5 - Page 19 - While account verification is down, tickets will be invisible - But IMVU is still processing them.
Thread 5 - Page 31 - From the day you decide to earn money, you have 90 days to complete verification
Thread 5 - Page 33 - Changes in possible fee when withdrawing money more than once a month
Thread 5 - Page 45 - Clarification on the amount earned with small profit margins
Thread 5 - Page 52 - Reiteration of dates for selling and buying from resellers
Thread 5 - Page 53 - FAQ updated to explain how profits when earned in cash work
Thread 6 - Page 88 - Assorted Updates


Last edited by Qwerty VIP Club Member 18+ Age Verified on Sun Apr 12, 2015 4:28 am; edited 3 times in total
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Dynasti

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PostPosted: Sat Apr 11, 2015 5:21 am    Post subject: Reply with quote

#6 here we go....
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PostPosted: Sat Apr 11, 2015 5:21 am    Post subject: Reply with quote

Here we go again.

https://youtu.be/yBISfv-6hfo
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PostPosted: Sat Apr 11, 2015 5:21 am    Post subject: Reply with quote

Rolling Eyes
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PostPosted: Sat Apr 11, 2015 5:22 am    Post subject: Reply with quote

pretty much sums up what's going on


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PostPosted: Sat Apr 11, 2015 5:22 am    Post subject: Reply with quote

Vexxen wrote:
Vexxen wrote:
Now what about being able to turn credits into money?
considering that the short time IMVU has given resellers and devs.. alot of us are stuck with alot of credits that will just sit there and taunt us forever.
How many threads before that gets looked into? XD


Jibrielle wrote:

I still want to see a way for artists to continue making money with this new system. The sticker option probably wont last that long. I haven't come up with any suggestions yet that would work and not have any loopholes for thieves, UFI sellers and people doing fraud. People should probably start brainstorming and sharing their ideas while IMVU is still building the system.


MR5OG5HOYONIBULL3T wrote:

ok i see...so isnt there a way for taxes and forms to be filled out with resellers..that way know one loses there job?

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PostPosted: Sat Apr 11, 2015 5:22 am    Post subject: Reply with quote

Ahhh i love the smell of a fresh thread in the morning.
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PostPosted: Sat Apr 11, 2015 5:22 am    Post subject: Reply with quote

This is a freaking joke.
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PostPosted: Sat Apr 11, 2015 5:22 am    Post subject: Reply with quote

Wow I just realized the last day to buy from resellers is my birthday! Rolling Eyes Rolling Eyes Rolling Eyes Rolling Eyes
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PostPosted: Sat Apr 11, 2015 5:22 am    Post subject: Reply with quote

good grief we are on thread number 6 just moving in circles!
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PostPosted: Sat Apr 11, 2015 5:23 am    Post subject: Reply with quote

Alexandera wrote:
Wow I just realized the last day to buy from resellers is my birthday! Rolling Eyes Rolling Eyes Rolling Eyes Rolling Eyes


Happy early birthday!
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PostPosted: Sat Apr 11, 2015 5:23 am    Post subject: Reply with quote

Vexxen wrote:
Alexandera wrote:
Wow I just realized the last day to buy from resellers is my birthday! Rolling Eyes Rolling Eyes Rolling Eyes Rolling Eyes


Happy early birthday!


aww thanks. Smile
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PostPosted: Sat Apr 11, 2015 5:23 am    Post subject: Reply with quote


Tbh, i would rather go and tax the money i earn myself, Or even have paypal / my bank to do this instead of having someone else do it for me, i know how much credits ect i get from imvu, but its not enough to be taxed from where i live anyways.


It's OUR respectability to go to the tax office and do this, not imvu, not the irs, Ours, if people do not do this then that is there problem, imvu is not my employer, and if so im being under paid, imvu is not answering our questions, not making it easier for us, as far as i am aware and what i have been told the IRS HAS NOT pushed imvu to do thsi at all the laws are not changed but been reworded, and apparently the IRS Is not happy about imvu asking for tax information.


Imvu does not care about the resellers which are going unemployed becouse of this and they have a MONTH to sell all there credits they need more time, we need more time, we need more information, and we defenetly dont need lies.


Do something about them being uneployed, make a "reseller" and employ all the resellers, they need money, a job, income ect,

Imvu gave no warning wich is UN FAIR, as they have little time to now look for a job in this.


They have also said we would have information soon, we have been waiting a few days for proper information and we havent been told fully why this has happened.

This is frustrating for many many people.
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PostPosted: Sat Apr 11, 2015 5:24 am    Post subject: Reply with quote

Alexandera wrote:
Vexxen wrote:
Alexandera wrote:
Wow I just realized the last day to buy from resellers is my birthday! Rolling Eyes Rolling Eyes Rolling Eyes Rolling Eyes


Happy early birthday!


aww thanks. Smile

Your messages are set as buddies only ;'c
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PostPosted: Sat Apr 11, 2015 5:25 am    Post subject: Reply with quote

SimpleCollection wrote:

Tbh, i would rather go and tax the money i earn myself, Or even have paypal / my bank to do this instead of having someone else do it for me, i know how much credits ect i get from imvu, but its not enough to be taxed from where i live anyways.


It's OUR respectability to go to the tax office and do this, not imvu, not the irs, Ours, if people do not do this then that is there problem, imvu is not my employer, and if so im being under paid, imvu is not answering our questions, not making it easier for us, as far as i am aware and what i have been told the IRS HAS NOT pushed imvu to do thsi at all the laws are not changed but been reworded, and apparently the IRS Is not happy about imvu asking for tax information.


Imvu does not care about the resellers which are going unemployed becouse of this and they have a MONTH to sell all there credits they need more time, we need more time, we need more information, and we defenetly dont need lies.


Do something about them being uneployed, make a "reseller" and employ all the resellers, they need money, a job, income ect,

Imvu gave no warning wich is UN FAIR, as they have little time to now look for a job in this.


They have also said we would have information soon, we have been waiting a few days for proper information and we havent been told fully why this has happened.

This is frustrating for many many people.


preach.
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