iSocial-Coins is the encrypted currency of iSocialites.Com.Ng used to reward iSocialite and then at the end of a week (Sundays) must be CashOut which is first converted into Nigerian Naira – NGN and then paid as cash into iSocialites’ bank account directly.
iSocialites who have signed up are required to create an iSocialite shortcode in order not to lose out earnings by simply making a bank payment of N1200 either paying [ONLINE] using card through Voguepay or Offline into any of [OUR BANK ACCOUNTS] and return here to complete the “Create Account” form. The system will be made to create you a shortcode automatically after verifying payment and send it to you via email.
In order to best practice our principles of Transparency, Honesty, Genuity and Trust; we make public our income sharing/conversion.
From ___ May– ___ June; 2018
Next Conversion Date: ___ June; 2018
Where The Money Comes From:
- From iSocialites monthly donation
- From Sales of PRSpace
- From miscellaneous sources.
Where The Money Goes:
- 90% of iSocialites donation goes for Sharing
- 10% of iSocialites donation goes to Charity
- 100% of sales of AdSpace goes for Sharing
- 60% of income from miscellaneous sources goes for Sharing
- 40% of income from miscellaneous sources goes for platform maintenance/management
Income sharing calculation:
Total Income Generated / Total coins earned = value/iSocial coin.
Value/iSocial coin * iSocialite total earned iSocial coins = Earning – 500 NGN (for next donation) = Amount – 1% (for transfer charges) = Income.
e.g TIG (N1, 000, 000) / TSCE (300) = N3,333.3/iSocial Coin
N3,333.3 * 10 = N33,333.3 – N500 = N32, 833.3 – N328.3 = N32, 505
Note: iSocialites are required to CashOut their earnings every Sundays between 12:00 pm to 6:00 pm as the system refreshes to make the conversion of the currency to NGN.
Note: Earnings Disclaimer
We make every effort to ensure that we accurately represent all the products and services advertised/reviewed on the platform and their potential for income, it should be noted that earnings statements made by iSocialites.Com.Ng are estimates only of what we think you might possibly earn.
The testimonials and examples used are exceptional results, which do not apply to the average iSocialites and are not intended to represent or guarantee that anyone will achieve the same results.
We are not certain that you will make these amounts of income because as with any business, your results may vary, and will be based on your individual participation/rate of sales of AdSpace; and you accept the risk that the earnings statements differ by individual.
There are no guarantees concerning the level of success you may experience. Each individual’s success depends on his or her participation, background, dedication, desire and motivation.
There is no assurance that examples of past earnings can be duplicated in the future. We cannot guarantee your future results and/or success. There are some unknown risks in business and on the internet that we cannot foresee which could reduce results you experience. We are not responsible for your actions.
The use of our information on our advertisers’ products/services should be based on your own due diligence and you agree that iSocialites.Com.Ng and its advertisers are not liable for any success or failure on the platform.