Wishing Well IOU Token T&C

IOUs Terms & Conditions

Pirate Nation is excited to introduce new rewards to our Wishing Well, some of which live outside the blockchain. Some are for flexing, others to influence our naming, some to pry our team for alpha, and some physical goods. An IOU represents a tradeable token for any one of these exciting rewards.

Here are the new types of tokens:

Admiral's Audience - Spend 30 minutes 1:1 with any team member of your choosing.

Custom Voxel PFP - Submit a photo to our voxel artist and have them make a custom voxel PFP.

Loreweaver: Bounty* - Name a bounty alongside our team.

Loreweaver: Quest* - Name a quest alongside our team.

Loreweaver: World Boss* - Name our next World Boss.

PoP Swag Ticket - We’ll ship you some swag.

*The team has the right to refuse suggestions that do not align with our company values or that would reflect poorly on the Pirate Nation ecosystem.

Redemption for non-IRL Loreweaver tokens

  1. Initiation: Open up a ticket in the Pirate Nation discord.

  2. Token Transfer: Sends the IOU token to piratenation.eth along with an etherscan receipt.

  3. Information Collection: A mod will will send a Google Form to gather suggestions for the particular topic.

  4. Review: Team will review and provide feedback or suggestions.

Redemption for PoP Swag Ticket

Here's a detailed guide on how the redemption process will work for physical goods.

Fulfillment Timeline

  • After the redemption request is made, we commit to fulfilling the delivery within 120 days. Moreover, this redemption feature will be operational 180 days post the feature launch.

Tradability of IOU token

  • The IOU tokens associated with this feature are tradable on OpenSea (OS) without the typical Trade License restrictions. Once the token is burned and out of circulation, they will be recognized as the rightful recipient of the physical item.

Redemption Process

The following steps outline the process a player will undertake to redeem their physical items:

  1. Initiation: Open up a ticket in the Pirate Nation discord.

  2. Token Transfer: The player then sends the IOU token to piratenation.eth along with an etherscan receipt.

  3. Information Collection: A mod will send a Google Form to gather crucial information like size preferences and shipping address.

  4. Delivery: The items will be drop-shipped directly to the player’s home address.

Redemption Terms & Conditions

  • Shipping Policy: We aim to ship globally, but in instances where shipping costs are exorbitant, we will work with the player to find a mutually agreeable solution.

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