Imvu's New solution

Bulldog
by Bulldog · 21 posts
13 years ago in IMVU News
Posted 13 years ago · Author
Imvu inc has came up with a new way to prevent, credit fruad, and acc hijacks. new system is called. (Credit Pend)
info below:

Code
As per our previous announcements, credit pend change is now live. With Credit Pend, Creator earnings will be placed in pend status, a kind of a hold, and not added immediately to available credit balances at the time products are sold. The credits placed in pend will not be immediately available for the Creator to use or transfer.
We are implementing the new credit pend process to protect the integrity of the IMVU economy and to discourage credit theft, payment fraud, UFI content submission, and account takeovers.
If you signed up to be an IMVU Creator BEFORE today (September 19, 2011), your pend/hold period will initially be one (1) day. New creators will start and stay at 14-day pend period.
Please visit this forum announcement for further details.

The pend period will be gradually increased in weekly increments until all Creators have a 14-day pend period.


What do u think about this new system will it work?
Posted 13 years ago
Its compleate BS the UFI creators have steady flow of credits so won't matter and even if imvu has 14 days to get them...so fuck... ._.
Posted 13 years ago
This is so old. They are not doing it anymore. They were suppose to implement it on sept 13. But for me it's still not implemented.
Posted 13 years ago · Author
Random wrote:
Its compleate BS the UFI creators have steady flow of credits so won't matter and even if imvu has 14 days to get them...so fuck... ._.


it says only 14 days for the creators who started on the day this new system was launched. so i think the people who has been a creator befor this new project was launched will only have to wait 1 day befor gettin their income. the rest will have to wait 14 days.

-- Tue Sep 20, 2011 3:11 pm --

Error 404 wrote:
This is so old. They are not doing it anymore. They were suppose to implement it on sept 13. But for me it's still not implemented.


nah their still doin it. it was now launched on the 19th. its currently active. if u go to ur creator status. theirs a tab that says Pended Credits Schedule.
Posted 13 years ago
Don Von Free Credits wrote:
On behalf of the UFI sellers, you are welcome.
This does not affect me at all.
People pay for my UFI products through currency other than credits. :badgrin:

Good try IMVU inc, but you missed me.

Image


Original thread about escrow: viewtopic.php?f=7&t=7677
Posted 13 years ago
Isn't this pretty much just Escrow with a mustache saying "I'M NOT ESCROW! IM CREDIT PEND!"
Posted 13 years ago
Pretty much. But them using the term escrow would have legal consiquences. So they were smart enough to change it after all the posts on the fourms.
Posted 13 years ago
Error 404 wrote:
Pretty much. But them using the term escrow would have legal consiquences. So they were smart enough to change it after all the posts on the fourms.

Yes due to the fact that the both parties have to agree on the escrow and in this case the developer doesn't agree in such terms so if they did do the escrow thingy they could face a lawsuit , so now the credit pend is shorter but it still has it's own flaws
Posted 13 years ago
They changed it to 14 in the escrow, which I think they wanted to do anyway. Reminds me of when I'd ask my mom for a car and when she'd say no I'd ask for a bike. When she'd say no I'd say that if I'm going to walk could I at least get some new shoes, to which she agreed. I never expected her to buy me the car but it raised the chances of her agreeing to get me shoes as it was reasonable in comparison.

Tell the people 4 weeks then pretend to come to an agreement of 2. But like I said if you looked in the last pages of the escrow you'll see them making it 14 days, so yeah the only change is them saving their ass from getting sued.
Posted 13 years ago
This is crap, stupid imvu. I cant transfer my credits for over one fking year, it just say gifting is not available in your country so i never was able to sell my credits without help from someone else who would log me and trans credits to reseller. When i contacted imvu they said you cant you will never be able to send cred and nobody from us can help you go screw your self. My whole country is blocked and they say its cos we h4c|< stuff or something. I got my hands onto ass of really great digital art designer and wanted to invest some work in getting developing working but this is one more thing to make me not do it.

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