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ASE Exchange Announcement 2019-11-05

Vim Admin

To all VIM users:

The much-anticipated ASE exchange will be officially launched, the details are as follows:

Exchange time: November 5, 2019 (12PM) to November 8, 2019 (12PM) Beijing time(GMT+8)
Total amount: 2.5 million pieces
Points required: 200 VIM points
Minimum exchange amount per user: 1
Maximum exchange amount per user: No limit

***As long as it is a regular user or a VIP, users who are C1 or C2 certified can participate.
***The exchanged ASE balance will be displayed in the digital asset wallet in the VIM account.
***The exchanged ASE will be locked for 12 months, and will be released when the official exchange is officially launched.

The exchange of ASE process is as follows:

[Crowdfund] Exchange of digital assets
1. Click [Crowdfund] on the main page.
2. Click [Active] on the crowdfund page.
3. Select and click on the crowdfund project you want.
4. Click [Exchange]
5. Enter the quantity of exchange of ASE then click [Exchange]
6. After the exchange is successful, you can view the exchanged digital assets in the digital asset wallet.

 

VIM
05/11/2019

To all VIM users:

 

In order to promote VIM platform merchants to serve consumers better, merchants must pay a security deposit according to the platform requirements.

  1. Security Deposit will be pay by merchant to platform for guarantee the quality of its goods and services.
  2. Merchants should pay a security deposit according to the platform requirements, as a business infringement, breach of contract, violations, and funds for compensation to consumers and other rights holders when the service commitment is not fulfilled.
    Remark : Different types of products will be deducted with different security deposit amount.

 

  1. Platform has the right to notify the merchant to adjust the security deposit amount by email according to the business changes of the merchant and the actual payment situation.

 

  1. If the merchant is retired by platform due to violation of the rules or the merchant's store is subject to investigation by the administrative agency, if the application is apply again, platform has the right to increase the amount of the merchant's security deposit.

 

  1. If the merchant violates the rules and is confirmed by the platform, platform has the right to confiscate the merchant's security deposit as a violate a treaty use and shop will be closed.
  2. If the merchant violates the relevant service commitment or platform rules and causes any loss to platform, platform has the right to replace the amount equivalent to platform loss from the security deposit.

* If platform withdraws the merchant’s security deposit for any payment, it will notify the merchant by email and explain the reason for the payment and the amount of the payment.

 

  1. The merchant can apply for a refund of the deposit from platform after all orders, claim and transaction have been completed.

 

Any questions, feel free to contact us:

Official mailbox: [email protected]

Shop mailbox: [email protected]