Onasasa Ona Wallet Policy

1. Introduction

Welcome to the Ona Wallet, an integral feature of the Onasasa platform. This Wallet Policy governs your use of the Ona Wallet and outlines the terms and conditions for earning, storing, and withdrawing funds. By using the Ona Wallet, you agree to comply with this policy.

2. Eligibility

2.1. To use the Ona Wallet, you must:

• Be at least 18 years old
• Have a valid and verified Onasasa account
• Comply with all applicable laws and regulations in your jurisdiction

2.2. Onasasa reserves the right to refuse service or restrict Ona Wallet features to any user at its sole discretion.

3. Wallet Functionality

3.1. The Ona Wallet allows you to:

• Earn funds from likes, shares, streams, and post views (impressions)
• Store earned funds
• Purchase in-app services and features
• Withdraw funds to external accounts

3.2. All transactions within the Ona Wallet are denominated in USD.

4. Earning Funds

4.1. You can earn funds through the following activities:

• Receiving likes on your posts
• Users sharing your posts
• Conducting live streams
• Accumulating views (impressions) on your posts

4.2. The rate of earnings for each activity is as follows:

• Likes: $0.01 per like
• Views: $0.01 per view
• Streams: $0.02 per stream
• Shares: $0.02 per share

4.3. Onasasa reserves the right to adjust these rates at any time. Any changes will be communicated to users through the platform.

4.4. Earnings are calculated and credited to your Ona Wallet on a daily basis.

5. Storing Funds

5.1. Funds in your Ona Wallet are securely stored within the Onasasa platform.

5.2. There is no minimum or maximum balance limit for your Ona Wallet.

5.3. Funds in your Ona Wallet do not earn interest.

5.4. Onasasa implements industry-standard security measures to protect your wallet balance, but we cannot guarantee against unauthorized access or cyber attacks. Please refer to our main Privacy Policy for more information on our security practices.

6. Using Funds

6.1. You can use the funds in your Ona Wallet to:

• Purchase in-app services (e.g., boosting posts)
• Send gifts or payments to other Onasasa users
• Withdraw to external accounts

6.2. All in-app purchases are final and non-refundable unless otherwise required by law.

7. Withdrawals

7.1. You may withdraw funds from your Ona Wallet to an external account once you've accumulated a minimum balance of $10.

7.2. Withdrawal methods available:

• Mobile money
• Bank transfer

7.3. Withdrawal fees: 5% of the withdrawal amount

7.4. Withdrawal processing times: Withdrawals are typically processed within 2 business days

7.5. Onasasa reserves the right to delay or cancel withdrawals if we suspect fraudulent activity or violations of our terms of service.

8. Taxes

8.1. You are solely responsible for determining what, if any, taxes apply to your earnings and withdrawals from the Ona Wallet.

8.2. Onasasa is not responsible for determining whether taxes apply to your transactions or for collecting, reporting, withholding, or remitting any taxes arising from any transactions.

9. Prohibited Activities

9.1. The following activities are strictly prohibited:

• Using the Ona Wallet for any illegal purposes
• Manipulating the earning system through fake engagement, bots, or other fraudulent means
• Selling or transferring your Ona Wallet to another user
• Using the Ona Wallet to facilitate money laundering or other financial crimes

9.2. Engaging in prohibited activities may result in the suspension or termination of your Onasasa account and forfeiture of your Ona Wallet balance.

10. Account Termination

10.1. If you choose to terminate your Onasasa account, you must withdraw any remaining balance in your Ona Wallet before closing the account.

10.2. If Onasasa terminates your account due to violations of our terms of service or this wallet policy, we reserve the right to withhold any remaining balance in your Ona Wallet.

11. Liability

11.1. Onasasa is not liable for any losses or damages resulting from:

• Fluctuations in currency or token value
• Delays or failures in processing transactions
• Unauthorized access to your account due to your failure to maintain account security
• Any suspension or termination of your account in accordance with our terms of service

12. Changes to this Policy

12.1. Onasasa reserves the right to modify this Wallet Policy at any time. We will notify users of any significant changes through the platform or via email.

12.2. Your continued use of the Ona Wallet after changes to this policy constitutes acceptance of the updated terms.

13. Contact Us

If you have any questions or concerns about this Wallet Policy, please contact us at:

Email: wallet@onasasa.com