Legal

Terms and Conditions

Welcome to Rednote Finance, a social consensus driven financial platform powered by Digital Social Consensus Tokens (DSCTs). By accessing or using our website and services, you agree to comply with and be bound by the following terms and conditions. Please read these terms carefully before using our platform.

1. Introduction

Rednote Finance operates as a social consensus driven financial platform where users can engage in social tasks to earn DSCTs. These tasks include answering questions and participating in polls. Our platform is designed to promote economic empowerment, particularly in regions with high inflation rates.

2. Joining the Consensus

To join the consensus, new users (Rednoters) are required to enter the network with a minimum of 3 USD. This amount contributes to sustaining the network's economy. The goal is to minimize reliance on conventional economics through network fees and funds generated from social tasks until the network achieves self-sustainability.

3. Payouts

Payouts are made on the 25th of every Western calendar month.

4. Social Tasks

Users earn DSCTs by completing social tasks, which include selling opinions by answering questions or participating in polls. Rednote does not engage users in activities such as watching ads or liking social media content.

5. Consensus Network Assets

The value feed of DSCTs is supported by assets held in various countries, including but not limited to arts and cultural valuables, military machineries, gold, and music rights.

6. The Process

• Buy Network ID: Obtain your network ID through a certified Rednote vendor, who are registered registrars on the network.
• Register with Valid ID: Create your account, verify it, and set up your withdrawal accounts.
• Start a Rednote Event: Begin earning DSCTs by completing social tasks.

7. FAQs

• Network ID Price: The price of the network ID may vary and is subject to change.
• Supported Countries: Currently, the network is open to users in four countries.
• Network ID Cost: As of today, the network ID is priced at 5,000 NAIRA.
• Lost Network ID: Losing your network ID does not result in loss of your account and its resources. Recovery processes are available.

By using Rednote Finance, you agree to abide by these terms and conditions. We reserve the right to modify or terminate our services at any time without prior notice. For further inquiries or assistance, please contact our support team.

Last updated: 10.03.24