IPF Rules

Common Law Contract

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NUMBER 1 RULE: You agree this is a contract exceeding any other conflicting contracts or laws. If you do not agree to our contract, DO NOT REGISTER to participate in the pledge program.

Customers are purchasing a product at full retail with NO interest in the IPF Mall Points. See refund policy.

Members – agree to the following rules upon free registration in the IPF.

  1. Agree they are entering a Common Law Contract Agreement and choose to pledge according to the Pledge Distribution Formula with no right to disclose or dispute outside the group. There are NO refunds or claims against past pledges. Make sure you have the correct Coupon ID on initial registration.
  2. Agree to purchase product at a retail coupon discount, which includes a company 20 eBook or a 200 IPF System Mall Point discount, which the buyer immediately pledges on purchase to the Coupon provider. The pledge is DIRECT to the Coupon provider and not via the company.
  3. After the initial product purchase pledge, all Mall Point pledges are direct from member to member based on the Pledge Distribution Formula.

During Prelaunch

  1. All wallets will not be able to withdraw. The company MAY allow up to $2 withdrawal during prelaunch to accommodate wallet testing. All withdrawals must include a bitcoin blockchain fee.
  2. All members will be qualified for Seven Floors for a period of two weeks after launch.
  3. Members who Pledge $254 with their eBook purchase will be qualified Seven Floors in the eBook for four weeks, and will not be able to withdraw until they step up pledges with their wallet funds through the Forth Floor in the eBook. $30 will be distributed as a normal purchase / pledge and the remainder will be placed in the purchaser’s own wallet, at the current bitcoin rate, to be used for step up pledges.
  4. Members who Pledge $1514 with their $254 eBook and $1280 Crypto Patent purchase will be qualified Seven Floors in the eBook for six weeks, and will not be able to withdraw until they step up pledges with their wallet funds through the Forth Floor in the eBook, and Third Floor in the IPF System.
  5. Members will be placed in their respective project under their Coupon Sponsor’s next available position, top to bottom, right two first, then left to right based on registration date. If their coupon provider is not in the structure because the provider did not purchase, they will be placed starting at the first qualified available previous ancestor starting at the original coupon provider’s parent.
  6. All members agree that performance placement during prelaunch means children and grandchildren will not be below their structure, if the sponsor purchases later.

After Launch

  1. All rules remain and all wallet withdraw will be released except for those pledging Floors during prelaunch, who must step up as pledged before withdraws are allowed.
  2. New paid members will be placed in their respective projects under their Coupon Sponsor’s next available position, top to bottom, right two first, then left to right based on purchase date. If their sponsor is not in the structure because the sponsor did not purchase, they will be placed starting at the first qualified available previous ancestor starting at the original sponsor’s parent.

Mall Points

Mall points are initially referenced to bitcoin. This means as the bitcoin price goes up or down the value in your wallet will change accordingly. Pledges are direct transfers of bitcoin to your bitcoin wallet. This also means you may initially receive enough bitcoin to pledge a step up, but due to bitcoin price change, you may need to receive more to have sufficient funds. It is usually best to step up as soon as you can do so, provided there is a potential gain from your group stepping up. You may pay more than the required product price and the overpayment, less $0.50 of bitcoin as a fee, will be placed in YOUR wallet. This would allow you to "cushion" your wallet in the event of bitcoin price changes. We held up the launch until bitcoin was once again stable and moving up. Get in now. Some previous members made 10 times their commissions on the price of bitcoin rising.

Initially, the points will be able to withdraw directly to your bitcoin wallet, but as the full Circulating Currency and the Mall are implemented, you will need to use your funds to purchase from the Mall. This will not be a challenge because virtually every product and service will be available to purchase via the Mall and coupon rebate system worldwide. This includes your groceries to your mortgage payments. Additionally, certified merchants will directly accept a percentage up to all Mall Points for products and services. The end goal is everyone will earn Mall Points from the increasing number of new first time customer purchases and be able to use them to exchange within the group for products and services.

Future projects may use different crypto currency and may be placed either by first purchaser or performance depending on the project rules. You would be well advised to obtain a wallet in addition to bitcoin from Stellar, NEM, and Waves. We plan to use Waves in the future for other DAO projects. Purchases for the IPF Crypto Patent will have a NEM token assigned to those with a NEM wallet after launch, which will be transferable via the blockchain outside of the company until exchanged for a patent. This is a utility token that can only be redeemed for a base Crypto Patent.

Notice: Please seek professional tax and legal advice in your country on the implications of potential digital earnings, especially with our Equity Distribution Formula.