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ChessCube Cubit Expiry

PostPosted: Wed Apr 20, 2011 5:21 pm
by Sean
As mentioned in our Terms and Conditions, Section 7:

ChessCube reserves the right to expire a portion of your Cubit balance if no transaction activity is detected on your account. Transaction activity is defined as any action that uses Cubits, such as buying an item in our store, playing a wagering game or entering a non-free tournament.

The following expiry rules apply to Cubit inactivity:
  • Every 14 days we will deduct 10% of your free Cubits on a straight-line basis (i.e. the same amount every 14 days if you continue to stay inactive). Free Cubits include daily allowances, leaderboard prizes or promotional giveaways.
  • Every 28 days we will deduct 10% of your won Cubits on a straight-line basis (i.e. the same amount every 28 days if you continue to stay inactive). Won Cubits include wagered winnings and tournament prizes.
  • After 308 days of inactivity (i.e. 28 days after your won Cubits have expired completely) we will start expiring your purchased Cubits. Every 28 days we will deduct 10% of your purchased Cubits on a straight-line basis (i.e. the same amount every 28 days if you continue to stay inactive).
To avoid expiry login to ChessCube and use any part of your Cubits. You can buy an item in our store, play a wagering game or enter a tournament. This will ensure that you keep all your Cubits.

Re: ChessCube Cubit Expiry

PostPosted: Mon May 02, 2011 2:19 pm
by baluuu
why was this introduced? :think:

Re: ChessCube Cubit Expiry

PostPosted: Tue May 03, 2011 2:09 pm
by bryan
So users would actually use cubits instead of stockpiling them for no good reason.

We want users to use all features of our site, including the ones that cost cubits (wagered games, memberships, videos, backgrounds etc.)

Re: ChessCube Cubit Expiry

PostPosted: Fri May 20, 2011 12:52 am
by kapitsa
And what actually is possible to buy for cubits?
Some stupid wallpapers? or chess-sets which are impossible to play with?

The only thing which was useful for users who like chess - is to buy videos. But now - it is impossible, because chesscube became more and more commerciolized.

Re: ChessCube Cubit Expiry

PostPosted: Sat May 28, 2011 12:23 am
by power_on
I have a question. Is it on a FIFO basis?

Ex: If I first purchase 10,000 cubits and then earned 1,000 cubits through play and for signing in, and then I buy a video for 2,500 cubits. Will it be 1,000 of my "free" cubits and 1,500 of my purchased cubits, or will it be 2,500 straight from my purchased cubits?

Just curious

Thanks

Re: ChessCube Cubit Expiry

PostPosted: Sat May 28, 2011 1:09 am
by Sansen
power_on wrote:I have a question. Is it on a FIFO basis?

Ex: If I first purchase 10,000 cubits and then earned 1,000 cubits through play and for signing in, and then I buy a video for 2,500 cubits. Will it be 1,000 of my "free" cubits and 1,500 of my purchased cubits, or will it be 2,500 straight from my purchased cubits?

Just curious

Thanks


Hi,

Cubits is one currency. There is no difference if you gained them through purchase from our online store or earned them from wagered games / logging in daily.

Your cubit balance is listed at the top of your chesscube application screen. When you purchase a video it will be deducted from that balance. The balance includes purchased bought cubits and "free" cubits.


Thanks,
-Sansen

Re: ChessCube Cubit Expiry

PostPosted: Sat May 28, 2011 8:05 am
by power_on
Sansen, I'm just looking for an answer and not trying to start an argument, however, you are wrong. There is a difference between cubits. Did you read post #1 by the site admin Sean? This is what it says:

The following expiry rules apply to Cubit inactivity:

* Every 14 days we will deduct 10% of your free Cubits on a straight-line basis (i.e. the same amount every 14 days if you continue to stay inactive). Free Cubits include daily allowances, leaderboard prizes or promotional giveaways.
* Every 28 days we will deduct 10% of your won Cubits on a straight-line basis (i.e. the same amount every 28 days if you continue to stay inactive). Won Cubits include wagered winnings and tournament prizes.
* After 308 days of inactivity (i.e. 28 days after your won Cubits have expired completely) we will start expiring your purchased Cubits. Every 28 days we will deduct 10% of your purchased Cubits on a straight-line basis (i.e. the same amount every 28 days if you continue to stay inactive).



As you can see on the first asterisk, it says 10% of your "FREE CUBITS" will be deducted. The adjective "FREE" denotes that chesscube differentiates between cubit types. Asterisk #2 states 10% of your "WON CUBITS." And finally asterisk #3 states "PURCHASED CUBITS"; Once again, it is distinguishing cubit types.

So let me pose my question again. The reason I ask is because I very well could go more than 14 days without signing in. I have made a cubit purchase in the past as well as a few video purchases. I just want to know if my FREE cubits were used to make the video purchases, keeping my purchased cubits intact for 308 days, in which I am very likely to make another purchase.

Once again, my question: Is it on a FIFO basis?

Ex: If I first purchase 10,000 cubits and then earned 1,000 cubits through play and for signing in, and then I buy a video for 2,500 cubits. Will it be 1,000 of my "free" cubits and 1,500 of my purchased cubits, or will it be 2,500 straight from my purchased cubits?

Thanks

Re: ChessCube Cubit Expiry

PostPosted: Sun May 29, 2011 1:32 am
by Sean
Hi,

A transaction is defined as any action that uses Cubits, such as buying an item in our store, playing a wagering game or entering a non-free tournament. ChessCube will always use your free Cubits first, as these are first up for expiry. Once your free Cubits in your total balance have been "used up", we'll move on to won Cubits.

Keep in mind though, that any transaction will keep your Cubits safe, so any transaction (even those used with Free Cubits) would keep your purchased Cubits safe for another 308 days.

Hope this helps.

Thanks,
-Sean

Re: ChessCube Cubit Expiry

PostPosted: Sat Jun 04, 2011 5:58 am
by pipesnchess
This is not cool not that I care about cubits but this seems like a waste time

Re: ChessCube Cubit Expiry

PostPosted: Sun Feb 26, 2012 9:05 am
by himalayh
i did't know cubits would expire anyway does the account b deleted if the user does't open it for a long time :doh: :hand: