Difference between revisions of "Currency"
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==Bars [[Image:Icon-bars.png]]== | ==Bars [[Image:Icon-bars.png]]== | ||
[[Image:Coins bars level mail logout bar.png|right|thumb|325px|Click the coins or bars icons to see your transactions.]] | [[Image:Coins bars level mail logout bar.png|right|thumb|325px|Click the coins or bars icons to see your transactions.]] | ||
− | Bars can be [ | + | Bars can be [http://whirled.club/#billing bought from Whirled Club], received from a full subscription to [[Club Whirled]], or exchanged for with bling earned from Shop profits. They are used, as an alternative to coins, to purchase items in the Whirled Shop. To get bars, click the golden bar picture in the upper right-hand corner of your Whirled window and use the "Buy Bars!" button, or use the "Get bars!" link from any item in the Shop. '''For more information on purchasing bars, please see the [[Billing FAQ]].''' |
− | If you list an item for sale in the Shop and you opt to sell in bars, your profit will come in the number of bling equal to {{profit}} of the bar list price each time someone purchases your item. So for example, when you list an item for ten bars, you will be credited with three ''bling'' for each purchase. Or if you list an item for 1 bar, you will be credited with .30 ''bling'' for each purchase. These credits will be logged for you to see on your transactions page. Remember, bling is the currency that you can cash out, so listing in bars is a good thing! See | + | If you list an item for sale in the Shop and you opt to sell in bars, your profit will come in the number of bling equal to {{profit}} of the bar list price each time someone purchases your item. So for example, when you list an item for ten bars, you will be credited with three ''bling'' for each purchase. Or if you list an item for 1 bar, you will be credited with .30 ''bling'' for each purchase. These credits will be logged for you to see on your transactions page. Remember, bling is the currency that you can cash out, so listing in bars is a good thing! See "bling" below for more information. Users will be able to purchase your bar-listed item only with bars. |
Currently, a bar is worth about 10 cents. | Currently, a bar is worth about 10 cents. | ||
{| | {| | ||
− | |- valign= | + | |- valign="top" |
− | |[[Image:transactions.png|right|thumb|325px|The bar version of the transaction page, with | + | |[[Image:transactions.png|right|thumb|325px|The bar version of the transaction page, with "Get Bars!" button.]] |
|[[Image:shopwithbars.png|right|thumb|325px|Click the button with the Bar picture to purchase the item with bars.]] | |[[Image:shopwithbars.png|right|thumb|325px|Click the button with the Bar picture to purchase the item with bars.]] | ||
|} | |} | ||
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==Bling [[Image:Icon-bling.png]]== | ==Bling [[Image:Icon-bling.png]]== | ||
[[Image:bling transactions.png|right|thumb|325px|From the bling transaction page, you can purchase bars with the bling you've earned, or cash out.]] | [[Image:bling transactions.png|right|thumb|325px|From the bling transaction page, you can purchase bars with the bling you've earned, or cash out.]] | ||
− | Bling is Whirled's | + | Bling is Whirled's "cash out" currency. It is earned by listing an item for bars in the Shop. When someone purchases that item, the item's lister earns bling. |
− | Game creators | + | Game creators used to be rewarded for creating games that players like to play. Every day, a "bling pool" was created based on the total amount of time that Whirled players have spent playing games. This pool was be divided up among game creators proportionally based on the number of total hours their game was played. See also: [[Game Developer Bonus Bling Pool]]. |
{{clear}} | {{clear}} | ||
===Exchanging Bling for Bars=== | ===Exchanging Bling for Bars=== | ||
− | Bling can be exchanged for bars on a one-to-one basis via the transaction page. In the | + | Bling can be exchanged for bars on a one-to-one basis via the transaction page. In the "Exchange Bling for Bars" section, specify the number of bling you wish to convert to bars. Because bars and bling are both only transacted in whole numbers, you must enter a whole number here. |
===Cashing Out=== | ===Cashing Out=== | ||
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==== Step 1 ==== | ==== Step 1 ==== | ||
− | To do so, go to the bling transaction page, and in the | + | To do so, go to the bling transaction page, and in the "Cash Out Your Bling!" section, specify an amount of bling that you would like to convert to cash. Bling can only be cashed out in whole numbers. Fill out the cash out form, then submit your request. |
You must have sent in your cash out request by '''midnight PST Sunday''' in order for it to be processed the following week. | You must have sent in your cash out request by '''midnight PST Sunday''' in order for it to be processed the following week. | ||
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* Or, if you are an international player, you must complete and send us a [http://www.irs.gov/pub/irs-pdf/fw8ben.pdf W-8BEN] tax form. The instructions for the form can be found [http://www.irs.gov/pub/irs-pdf/iw8ben.pdf here]. | * Or, if you are an international player, you must complete and send us a [http://www.irs.gov/pub/irs-pdf/fw8ben.pdf W-8BEN] tax form. The instructions for the form can be found [http://www.irs.gov/pub/irs-pdf/iw8ben.pdf here]. | ||
− | If you have questions about these forms, please email them to billing@whirled. | + | If you have questions about these forms, please email them to billing@whirled.club. |
− | Please complete your form fully and sign, then email a scanned copy as an attachment to billing@whirled. | + | Please complete your form fully and sign, then email a scanned copy as an attachment to billing@whirled.club |
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'''We can only remit payment to you once we have your completed form on file''', so it's very important to follow the above steps! | '''We can only remit payment to you once we have your completed form on file''', so it's very important to follow the above steps! | ||
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==== Payment ==== | ==== Payment ==== | ||
− | When a cash out request is submitted, the request is sent to and reviewed by | + | When a cash out request is submitted, the request is sent to and reviewed by Whirled Club. If all is well, a check will be sent via postal mail to the address you've supplied us. Please allow several days for delivery within the U.S., and up to two weeks if you are outside of the U.S., depending on your location. |
− | Examples of situations that might hold up a cash out request are such things as the possibility of the requesting account being | + | Examples of situations that might hold up a cash out request are such things as the possibility of the requesting account being "hacked" or compromised, or the account holder appearing to have used an exploit to have gained bling. |
'''PLEASE NOTE''': Each cashout request is reviewed by Whirled staff. Any player found attempting to cash out bling that was generated fraudulently will be permanently [[ban|banned]] from Whirled. | '''PLEASE NOTE''': Each cashout request is reviewed by Whirled staff. Any player found attempting to cash out bling that was generated fraudulently will be permanently [[ban|banned]] from Whirled. | ||
{| | {| | ||
− | |- valign= | + | |- valign="top" |
|[[Image:CashOut.png|none|thumb|300px|Complete the form to cash out your bling.]] | |[[Image:CashOut.png|none|thumb|300px|Complete the form to cash out your bling.]] | ||
|[[Image:BeforeFulfillment.png|none|thumb|300px|While you have a cash out pending, you can see it in green on your transaction page, with an option to cancel the cash out.]] | |[[Image:BeforeFulfillment.png|none|thumb|300px|While you have a cash out pending, you can see it in green on your transaction page, with an option to cancel the cash out.]] | ||
|[[Image:AfterCashOutFulfillment.png|none|thumb|300px|After the cash out request is fulfilled, it will be logged on your bling transaction page.]] | |[[Image:AfterCashOutFulfillment.png|none|thumb|300px|After the cash out request is fulfilled, it will be logged on your bling transaction page.]] | ||
|- | |- | ||
− | |colspan= | + | |colspan="3"|[[Image:Cash_out-time_until_next_cash_out.png|frame|none|The Cash Out Your Bling! section will show a countdown until you are allowed to cash out again if you have cashed out within the previous 30 days.]] |
|} | |} | ||
{{clear}} | {{clear}} | ||
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[[Image:Shop-tab.png]] | [[Image:Shop-tab.png]] | ||
− | To view your transactions, click the Transactions link in your Shop tab or on the currency symbols in the upper right-hand corner of your Whirled page. Once there, you can filter on a the transactions for the currency you wish to view by using the dropdown box, or use the dropdown box's | + | To view your transactions, click the Transactions link in your Shop tab or on the currency symbols in the upper right-hand corner of your Whirled page. Once there, you can filter on a the transactions for the currency you wish to view by using the dropdown box, or use the dropdown box's "Creator" option to view your recent earnings from any items you have listed on the Shop. Records of coin transactions are kept for 10 days, while bar and bling transactions are kept forever. |
{| | {| | ||
− | |- valign= | + | |- valign="top" |
− | |[[Image:transaction dropdown.png|right|thumb|325px|Use the dropdown box on your transactions page to select which currency transactions you want to view, or select the | + | |[[Image:transaction dropdown.png|right|thumb|325px|Use the dropdown box on your transactions page to select which currency transactions you want to view, or select the "Creator" option to see your earnings from listed Shop items.]] |
− | |[[Image:creator transactions.png|right|thumb|325px|The | + | |[[Image:creator transactions.png|right|thumb|325px|The "Creator" transaction page, where you can see the transaction logs of items you have sold in the Shop.]] |
|} | |} | ||
{{clear}} | {{clear}} |
Revision as of 20:04, 5 September 2018
Currency refers to the different types of money in Whirled -- coins, bars, and bling -- which can be used to purchase goods within Whirled and, in the case of bling, can be cashed out for U.S. dollars.
All currency is tracked in the Whirled system in hundredths. However, you cannot list something for a fraction of a coin or bar and bling cashing out is only allowed as integers.
Contents
Coins
Coins are earned by playing games, earning Passport stamps and selling items for coins in the Shop. They cannot be traded for bars or for bling, but they can be used to purchase coin-listed items in the Shop.
If you list an item for sale in the Shop, and you opt to sell in coins, your profit will come in the form of 30% of the list price in coins each time someone purchases your item. So for example, when you list an item for 1,000 coins, you will be credited with 300 coins for each purchase. These credits will be logged for you to see on your transactions page. Users will be able to purchase your coin-listed item in both coins and bars. Bars are worth 5,000 coins.
Bars
Bars can be bought from Whirled Club, received from a full subscription to Club Whirled, or exchanged for with bling earned from Shop profits. They are used, as an alternative to coins, to purchase items in the Whirled Shop. To get bars, click the golden bar picture in the upper right-hand corner of your Whirled window and use the "Buy Bars!" button, or use the "Get bars!" link from any item in the Shop. For more information on purchasing bars, please see the Billing FAQ.
If you list an item for sale in the Shop and you opt to sell in bars, your profit will come in the number of bling equal to 30% of the bar list price each time someone purchases your item. So for example, when you list an item for ten bars, you will be credited with three bling for each purchase. Or if you list an item for 1 bar, you will be credited with .30 bling for each purchase. These credits will be logged for you to see on your transactions page. Remember, bling is the currency that you can cash out, so listing in bars is a good thing! See "bling" below for more information. Users will be able to purchase your bar-listed item only with bars.
Currently, a bar is worth about 10 cents.
Bling
Bling is Whirled's "cash out" currency. It is earned by listing an item for bars in the Shop. When someone purchases that item, the item's lister earns bling.
Game creators used to be rewarded for creating games that players like to play. Every day, a "bling pool" was created based on the total amount of time that Whirled players have spent playing games. This pool was be divided up among game creators proportionally based on the number of total hours their game was played. See also: Game Developer Bonus Bling Pool.
Exchanging Bling for Bars
Bling can be exchanged for bars on a one-to-one basis via the transaction page. In the "Exchange Bling for Bars" section, specify the number of bling you wish to convert to bars. Because bars and bling are both only transacted in whole numbers, you must enter a whole number here.
Cashing Out
When an account has 500 bling or more, the account holder can cash out and receive money in exchange for their bling. Cashing out is a two step process outlined below.
Step 1
To do so, go to the bling transaction page, and in the "Cash Out Your Bling!" section, specify an amount of bling that you would like to convert to cash. Bling can only be cashed out in whole numbers. Fill out the cash out form, then submit your request.
You must have sent in your cash out request by midnight PST Sunday in order for it to be processed the following week.
Cash outs are limited to once every 30 days, and the Cash Out Your Bling! section will show a countdown until you are allowed to cash out again if you have cashed out within the previous 30 days.
Step 2
In addition, if you have not already done so in the current year:
- If you reside in the United States of America, and have been issued a U.S. Social Security Number, you must also fill out and send us a W-9 tax form with instructions.
- Or, if you are an international player, you must complete and send us a W-8BEN tax form. The instructions for the form can be found here.
If you have questions about these forms, please email them to [email protected].
Please complete your form fully and sign, then email a scanned copy as an attachment to [email protected]
We can only remit payment to you once we have your completed form on file, so it's very important to follow the above steps!
Payment
When a cash out request is submitted, the request is sent to and reviewed by Whirled Club. If all is well, a check will be sent via postal mail to the address you've supplied us. Please allow several days for delivery within the U.S., and up to two weeks if you are outside of the U.S., depending on your location.
Examples of situations that might hold up a cash out request are such things as the possibility of the requesting account being "hacked" or compromised, or the account holder appearing to have used an exploit to have gained bling.
PLEASE NOTE: Each cashout request is reviewed by Whirled staff. Any player found attempting to cash out bling that was generated fraudulently will be permanently banned from Whirled.
Viewing Your Transactions
To view your transactions, click the Transactions link in your Shop tab or on the currency symbols in the upper right-hand corner of your Whirled page. Once there, you can filter on a the transactions for the currency you wish to view by using the dropdown box, or use the dropdown box's "Creator" option to view your recent earnings from any items you have listed on the Shop. Records of coin transactions are kept for 10 days, while bar and bling transactions are kept forever.