Premier Rewards Club Loyalty Program Terms and Conditions

Premier Rewards Club Loyalty Program Terms and Conditions

Effective Date: 13 February 2025 - Last Updated: 01 October 2025

These Terms apply collectively to all mobile products and services offered by the World Mobile Group of companies, including World Mobile Group Ltd, World Mobile Networks LLC, and World Mobile Treasury Services Ltd. Please note that while these Terms govern the overall use of our services, specific services may be provided by different entities within the World Mobile Group, and by using such services, you agree to be bound by the terms applicable to the respective providing entity.

These Terms & Conditions (" Staking Terms") govern the use of mobile service plans provided by World Mobile Treasury Services Ltd ("World Mobile," "we," "us," or "our"). By signing to a Smart Contract, you agree to these Staking Terms and our General Terms & ConditionsPrivacy Policy, and Acceptable Use Policy.

1. Definitions

1.1. "Smart Contract" refers to the blockchain-based program that governs the staking protocol.

1.2. "Token" refers to the digital asset that can be staked within the Smart Contract.

1.3. "User" refers to any individual or entity that interacts with the Smart Contract.

1.4. "Staking" refers to the process of depositing and locking Tokens in the Smart Contract.

1.5. "Rewards" refers to any tokens or benefits distributed to Users for participating in staking.

2. Acceptance of Terms

2.1. By interacting with the Smart Contract, Users acknowledge that they have read, understood, and agree to be bound by these Terms and Conditions.

2.2. Users must be of legal age in their jurisdiction and have the capacity to enter into binding contracts.

3. Staking Mechanism

3.1. Users can stake their Tokens by binding them into the Smart Contract.

3.2. Staking periods may vary and will be clearly specified in the Smart Contract parameters.

3.3. Rewards accrue over time and are reserved for the staking user within the Treasury created by the Smart Contract based on the Smart Contract's predefined parameters.

4. Risks and Disclaimers

4.1. Users acknowledge that blockchain technology and cryptocurrency investments carry inherent risks, including but not limited to:

  • Smart Contract vulnerabilities
  • Market volatility
  • Regulatory changes
  • Network failures
  • Loss of access to private keys

4.2. The protocol does not guarantee any returns or profits from staking.

4.3. Users are solely responsible for:

  • Maintaining the security of their private keys
  • Ensuring they have sufficient gas fees for transactions
  • Understanding the technical aspects of blockchain interactions

5. User Obligations

5.1. Users must:

  • Comply with all applicable laws and regulations
  • Provide accurate information when required
  • Not attempt to exploit or manipulate the Smart Contract
  • Not use the Smart Contract for illegal activities

6. Withdrawal Process

6.1. Users may withdraw their staked Tokens according to the Smart Contract's predefined parameters.

6.2. Withdrawal restrictions may apply, including:

  • Minimum lockup periods
  • Unbonding periods
  • Withdrawal fees

6.3. Emergency withdrawals may be subject to penalties as specified in the Smart Contract.

7. Fees and Rewards

7.1. Reward calculations and distribution methods are immutable and encoded in the Smart Contract.

7.2. Users are responsible for any network fees (gas fees) associated with their transactions.

8. Modifications

8.1. The Smart Contract code is immutable once deployed.

8.2. These Terms and Conditions may be updated to reflect changes in legal requirements or operational practices.

8.3 The Smart Contract may be terminated by World Mobile at World Mobiles discretion.

8.4 If the Smart Contract is terminated by World Mobile, Users with active stakes can claim accrued rewards and unstake their tokens.

9. Limitation of Liability

9.1. The Smart Contract operates on an "as-is" and "as-available" basis.

9.2. No party shall be liable for any indirect, incidental, special, or consequential damages.

9.3. Total liability is limited to the amount of Tokens staked by the User.

10. Severability

10.1. If any provision of these Terms is found to be unenforceable, the remaining provisions shall remain in full force and effect.

By using the Smart Contract, Users acknowledge that they have read, understood, and agreed to these Terms and Conditions.

Premier Rewards Club Loyalty Program

Last Updated: 01 October 2025

1. Definitions

1.1. "Program" refers to the World Mobile Premier Rewards Program.

1.2. "WMTx" refers to the World Mobile Token used for locking and rewards.

1.3. "WMTb" refers to the World Mobile Bonus Token used for locking.

1.4. "Tier" refers to one of the six membership levels in the Program.

1.5. "AirNode" refers to network nodes operated within the World Mobile ecosystem.

1.6. "Network Builder Hex" refers to a geographical area within the World Mobile network coverage.

2. Club Loyalty Program Structure

2.1. The Program consists of six (6) membership tiers.

2.2. Each tier requires a minimum number of tokens to be locked. Tokens for the Premier Rewards contract are:

WMTx on Base Blockchain

WMTb on Base Blockchain.  

When locking WMTb, the amount of WMTx required for reaching a tier is reduced by the amount of locked WMTb.

2.3. Tier benefits may include:

Product rewards on eligible services

Hex staking opportunities

Access to third-party services and benefits

Enhanced rewards in affiliated programs

3. Product Rewards

3.1. Eligible Products

Mobile Subscriptions are eligible for token rewards

Additional services may be added as eligible products in the future

3.2. Reward Calculation

Rewards are calculated pro rata temporis over the subscription term

Reward percentage is determined by the member's tier level

Rewards are based on the subscription price in USD

Rewards are paid in WMTx tokens

3.3. Reward Distribution

Rewards automatically accrue on a monthly basis under condition, that at least 1 qualifying subscription is active.

WMTx token value is determined at the time of reward distribution.

Users may request reward payout to their wallet at any time.

4. Additional Benefits

4.1. Third-party Services

Access to partner services like music streaming services

Discounts on selected services

Enhanced rewards in affiliated programs

Access to bundled World Mobile services

5. Locking, Rewards, and Unlocking

5.1. Locking Process

Users must lock minimum required tokens for tier level

Locked positions are maintained until user initiates unlocking

Users may increase the amount locked to access higher tiers by claiming the accrued rewards, unlock and create a new locked amount.

Users may use at any time 1 wallet for Premier Rewards and can be member of 1 membership tier

5.2. Reward Payment

Rewards are calculated in USD and paid in WMTx.  

The amount of WMTx is determined at the moment when rewards are claimed. All claimable rewards in USD are added to the total amount in USD. The amount of WMTx is determined by the exchange rate at the moment of claim using the average of multiple exchange services  

For inactive subscriptions after non-renewal or cancellation, the exchange rate for the rewards of the specific subscription is determined by the exchange rate at the last day the subscription was valid, using the average of multiple exchange services

Rewards must be claimed by the user using the same wallet for authentication as has been used for entering the premier rewards program.

5.3. Unlocking Process

Users may unlock at any time

Accrued rewards must be claimed before unlocking

Unlocking removes access to tier benefits

6. Example Calculations

6.1. Subscription Rewards

Monthly Subscription: $50 USD Platinum Tier Reward Rate: 10% Partial Month Calculation: - 15 days in November = $5 USD equivalent in WMTx Full Month Calculation: - December = $10 USD equivalent in WMTx

7. Compliance and Security

7.1. Users must:

Comply with all applicable laws and regulations

Maintain security of their wallet and private keys

Report any suspicious activity immediately

7.2. World Mobile reserves the right to:

Verify user identity and eligibility

Monitor for suspicious activity

Suspend or terminate participation in cases of suspected abuse

8. Modifications and Updates

8.1. World Mobile reserves the right to:

Add new eligible products for rewards

Modify tier requirements

Adjust reward calculations

Update program benefits and additional benefits

Modify Program terms and conditions

Suspend or terminate the Program

9. Risk Factors

9.1. Users acknowledge:

Token value fluctuation risks

Network performance dependencies

Revenue calculation variations

Regulatory compliance requirements

10. Terms Acceptance

By participating in the World Mobile Club Loyalty Program and locking tokens, users acknowledge they have read, understood, and agree to these terms and conditions.

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