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Important Notice 2019-07-25

Vim Admin

To all VIM users:

In line with a more comprehensive community development, VIM will have a new mechanism to optimize the adjustment of the points, the details are as follows:

Gold credit conversion point value-added optimization
1. If the user wants to maintain 6 times the Gold credit conversion point increment, at least one C2 verified member must be added every 30 days.
2. If user do not add any new C2 verified member, the increment value of every 30 days will be reduced by 1 times, from 5 times, 4 times, 3 times, 2 times, and the minimum is 1.5 times.
3. If the user’s value added is 1.5 times after 180 days, with the addition of two C2 verified members, the value added will become 2 times, each additional two C2 verified members will be doubled by a maximum of 6 times.

Accelerated release
1. Each recommended C2 verified member will activate an accelerated release block of 1 with a maximum of 15 blocks.

This adjustment is to cater to a healthier and more benign market expansion. Thanks to the support of multiple community blocks, the platform will do better and bring more good news to you.

This update is valid to all users, starting from 01/08/2019.

VIM
25/07/2019

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]