Loyalty & Discount Policy.

Current status

ILTERRA intends to explore loyalty benefits and software subscription discounts for eligible ILT holders. No discount, subscription entitlement or product access is currently guaranteed merely by holding ILT. A participating product will be identified only after its benefit and eligibility rules are approved and made available to users.

FinCast is a possible first candidate, but it is not a confirmed participant and its current published payment terms do not include an ILT discount.

How a future benefit would be defined

For each participating product, ILTERRA would publish the eligible plans, the benefit offered, who qualifies, when eligibility is measured and how a user claims it. Where wallet ownership needs to be verified, the product may ask the user to prove control of a wallet, for example by signing a message; merely supplying a wallet address would not prove control.

The program rules would also need to specify whether benefits apply to a new purchase, a renewal or both; how they interact with app-store billing; how token balances are measured; any tiers, formula or maximum discount; and exclusions, transfers, refunds and abuse-prevention measures. Applicable consumer and tax rules would also be addressed.

No discount percentage, balance threshold or calculation formula has been approved. A token purchase should not be made in reliance on a future discount.