How To Get Money In Imvu – “Creative capitalism” is a mode of capitalism in which labor is understood in terms of creativity, while production is understood as creation (Boelstorff 206). “Creative capitalism is rooted in the idea of the self as a creator. Workers are not just sellers of labor power, but creators of their own world” (Boelstorf 209). IMVU is an online metaverse and website that uses 3D avatars to meet new people, chat, create and play games with friends (Wikipedia and IMVU). The platform is backed by venture capitalists Menlo Ventures, Allegis Capital, Bridgescale Partners and Best Buy Capital. With a focus on creation, users can join the IMVU Creator Program, which gives them the tools to get started. Using a 2D painting program or a 3D program, you can design content such as clothing, stickers, poses, etc. that can be sold for developer tokens and converted into cash.
As mentioned above, IMVU allows any user to create content using external programs, although minimum guidelines must be met. In IMVU, the political economy is about creating content that can be purchased with in-game credits (real money). In most online virtual worlds, however, in-game transactions allow for steady income – creating content allows users to earn money instead of spending it, as most regular users would do. To express this process more clearly, after a virtual object is created, it is placed in the virtual product catalog for the public. For each sale, the developer of said product earns a certain amount based on the price assigned to that content. I have not actually been involved in creating virtual goods for others, although I have purchased some in other online communities.
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IMVU is similar to Second Life because they both have the same features but different currencies. Most online communities do not allow content creation, only game developer products. IMVU has three types of currency for its economy: Credits, Promotional Credits, and Developer Tokens. “Promo-credits” are awarded by IMVU to members over time, as the rest is limited to the user. Most online users prefer free-to-play games, although the downside is that developers release merchandise that is too attractive and can slowly turn users into paid game players. Based on past experience with similar websites, I believe people are still addicted to these types of “fad” games and some users spend more (time and money) than they should. IMVU is home to a large and diverse group of creators, many of whom make real money selling their creations in the IMVU catalog. For some as a hobby it means a few extra bucks here and there, but for others who treat their IMVU business as their business, it means making a living!
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Creator Payments is open to all creators who can verify their accounts and receive payments through PayPal. The account verification process involves providing identification information and reviewing your catalog.
You will earn 40 cents per 1000 credits * based on profit set for your product. So, for example, for a product where your profit is 100 credits, you get 4 cents for every purchase with original credits. Sales made using Promotional Credit (also known as Promotional Credit or Predit) will continue to earn you one Developer Token per sale.
While IMVU reserves the right to change this rate, we do not expect to do so often or in the near future.
Before you register, you must read and accept the updated Creator Agreement and Rules
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Once you’ve done this, go to Author Payments (you must accept the Author Agreement to view this page). To start the account verification process, click the link on the account verification page or the submit request link as shown below:
An account verification window will appear, which you can use to provide the details required to verify your account. You only need to do this once. All manufacturers must provide us with their full name, physical address (no P.O. Box), phone number and PayPal email. All authors must also complete tax documents required by the IRS.*
*Non-US authors may choose not to provide us with a complete tax document (Form W-8BEN), but all their payments will be subject to a 30% withholding tax
After filling the information and submitting the relevant documents, press the send button. You will be assigned a unique verification ID for your application and you will receive a confirmation message (and email) letting you know that your application has been accepted.
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After verifying your account, you will receive a confirmation message. On the same page, click Confirm. You will be able to claim the payout now!
Yes! Once you sign up for Creator Payments, you can set what percentage of your earnings you want to receive in cash or credit. You can earn 100% cash, 100% credit or something in between. Use the slider on the Creator Payments page to set the desired distribution.
Like credit receipts, cash receipts are held for up to 14 days. To see how much money is pending and how much is available, visit the Author Payments page.
Now that you are enrolled in the program and your available balance has reached at least $50, you can request a payment. You can claim any whole dollar amount (as long as it’s $50 or more).
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A window will appear where you can enter the amount you want to withdraw and your PayPal email. You also have the option to provide any additional information you may require.
Questions about the Author Payment Program are directed through the Author Payments page, not through the Help Center. Click the link at the top of the page to go to the Creator Payment Help Ticket page.
Fill out the topic, provide a description of the problem and upload a document or image (if required), then click the Submit Request button.
In addition to your sales report sections for cash balance events and your cash backlog, you can download a CSV file with all transaction details from the Creator Payments page. Select the month for which you want to download the report, click the Download Report button.
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In addition to the minimum required for a single cashout of $50, there is a maximum of $10,000 for a single cashout.
Authors are also limited to any 30-day period. This limit is either $10,000 or the Author’s Average Monthly Sales Amount (known as MASA) over the last 12 full calendar months – whichever is lower. Your MASA is calculated by multiplying the total credit earned in your account over the past 12 full calendar months by your payment rate and dividing by 12.
Additionally, if you submit more than two payment requests within a 30-day period, you may be charged a $5 payment service fee that will be deducted from your payment amount.
You can register as many author accounts as you like, but each one must be verified separately. Log in to each account and follow the steps above to verify the account.
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We currently only allow payment via PayPal. PayPal is widely available in over 200 countries and is free to set up.
You can still earn credits for each sale you make, but you have to be verified to earn money.
We strongly recommend that you consult your tax advisor on this matter No policy or information in this or other IMVU articles is intended as tax advice If you’ve been on the internet for any length of time, you’ve surely heard of IMVU, an online game that has proven itself to be honest and stay relevant. These days first launched in 2000, it began as a viral game, but some would say that the dating site has really changed its image with its recent move to the Apple App Store and Google Play Store. With over 3 million active users, you can see why people still want to play IMVU and create their own avatars Credits are now the in-game currency for IMVU, which can be exchanged for real money to use in the app.
Fortunately for you guys, I actually found a way to get those IMVU credits for free and allow you to install this modified app and get 1,000,000 free credits. Basically, you’ll want to watch this YouTube video first: Free imvu credits
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Just watch this video, it will show you the exact way I used to get 1,000,000 credits! It’s literally that simple, guys! Don’t forget to subscribe to YouTube!
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