Creator Payout Policy
OVERDARE offers payout service to OVERDARE creators, allowing them to convert “Earned BLUC” into actual cash or USDC. In order to use this service, you must accept the OVERDARE Creator Terms of Use and comply with the Creator Payout Policy.
For the purposes of anti-money laundering (AML) compliance and adherence to applicable laws, the only eligible currency for payout is “Earned BLUC.”
1. Eligibility Requirements
Eligibility for any payout from earnings is solely determined by OVERDARE, and OVERDARE may update or modify these Creator Payout Policy requirements at any time.
To request a payout from OVERDARE Creator’s earnings, all of the following minimum requirements must be met:
Compliance with Terms and Guidelines: The creator must comply with both the Creator Terms of Use and the Community Guidelines. There must be no reports or account suspensions before or after submitting a payout request.
Age Requirement: Only creators aged 13 and over can participate. Creators under 19 could be required to submit additional documents through payout processes done by OVERDARE or 3rd parties.
Minimum Balance: The creator’s OVERDARE account must contain at least 5,000 “Earned BLUC” eligible for payout.
Account Requirement: Creators must have a third-party payout platform account, specifically a Stripe (OVERDARE-stripe) account, which is directly linked 1:1 with their OVERDARE account.
When creating a Stripe Connect account (OVERDARE-stripe), it is essential to review the Stripe Terms of Service and the Stripe Connected Account Agreement.
2."Earned BLUC"
“Earned BLUC” is the digital currency creators earn through creative activities on the OVERDARE Creator Hub. These activities include, for example, selling or managing user-generated content (UGC) such as items or world assets within the OVERDARE service. Creators can use their earned “Earned BLUC” to exchange for real-world currency or other USDC.
"Earned BLUC" must be obtained in a legitimate manner, adhering to the OVERDARE Creator terms of use and community guidelines. The "Earned BLUC" obtained by creators cannot be transferred, and must not be acquired or distributed in any manner not specified in the OVERDARE terms and guidelines. Additionally, any "Earned BLUC" obtained through illegitimate means will be invalidated, and such actions may result in the immediate suspension or termination of the creator’s account. These regulations ensure that transactions within the OVERDARE platform are conducted fairly and securely.
3.Payoutable "Earned BLUC"
Payoutable "Earned BLUC" refers to the net amount of "Earned BLUC" available after deducting any previously used or cashed out "Earned BLUC", earned by the creator while active on the OVERDARE platform.
4.Payout Exchange Rate
The payout exchange rate for “Earned BLUC” is determined by OVERDARE. This rate is applied when Creators convert “Earned BLUC” into real currency (USD) or digital currency (USDC). The current rate is 0.002 USD per "Earned BLUC", subject to change based on OVERDARE’s operational conditions and market circumstances.
5.Payout Details
Minimum Amount for Payout: 5,000 "Earned BLUC"
Maximum Amount for Payout: 1,000,000 "Earned BLUC"
Minimum Unit for Payout: 10 "Earned BLUC" (e.g., 5010 "Earned BLUC" can be paid out, 6005 "Earned BLUC" cannot)
Payout Application Limit: Once a day
Payout Exchange Rate: 1 “Earned BLUC” = 0.002 USD (rate may change occasionally)
Payout Currencies: USD, USDC
Payout Fees: All transaction fees incurred during the payout process(such as Stripe fees, bank transfer fees, etc.) are the responsibility of the creator and will be automatically deducted from the payout amount.
6.Payout Processing
Processing Time (OVERDARE)
OVERDARE generally processes payout requests within 3 business days from the date of application.
If there is suspected abuse, a content-related report, or any other special circumstance, the payout may be temporarily on hold until the issue is resolved.
Processing Time (Stripe)
Stripe processing typically requires an additional 3 business days. In certain countries, it may take up to 30 calendar days.
For the first payout, Stripe’s policy may require 7 to 30 calendar days.
Exclusions from Earnings
Earnings from items or world assets that are reclaimed or removed due to intellectual property infringement, or violations of Community Guidelines (and similar reasons) are excluded from payouts.
7.Regulations for Minors
Creators aged 13 to under 19 must obtain parental consent and proceed with the payout under parental supervision.
The parents or legal guardians of the minor creators must report the payout amount to the relevant tax authorities.
8.Tax Reporting
The creator is responsible for reporting and paying any taxes arising from the conversion of “Earned BLUC” to cash (or USDC) to the relevant tax authority in their jurisdiction.
Tax obligations vary by country, and, in the case of minors, a parent or legal guardian may handle the tax filing.
OVERDARE may request taxpayer information (IRS Form W-9 or W-8) from Creators through system prompts or emails. If a creator does not submit the requested information by the specified date, they may face disadvantages such as payout denial.
9. Acknowledgment and Consent:
By using the Creator Payout service, you agree that OVERDARE may share your information and information related to your platform with third-party providers (e.g., Stripe) and their service partners (financial institutions, payment method providers).
Creators acknowledge that submitting a payout request does not guarantee automatic approval or payment. All requests undergo review in accordance with OVERDARE’s internal policies and procedures, and final approval is at OVERDARE’s sole discretion.
Creators acknowledge that they must comply with OVERDARE’s Payout Policy, Terms of Use, and Community Guidelines. Any breach of these policies may result in the loss of payout eligibility.
Creators must understand and agree to all transaction fees and payment terms that may arise during the payout process, including those charged by OVERDARE’s own systems and any third-party service providers (e.g., Stripe). Such fees may vary depending on the Creator’s country of residence and chosen payout method.
Stripe fee
The OVERDARE account is linked 1:1 with a Stripe account. Violation of Stripe’s Terms of Service may lead to permanent account blockage.
If your Stripe account is blocked and you cannot proceed with a payout, please contact, please contact Stripe: Help & Support.
Due to legal or other considerations, OVERDARE’s payout service may be restricted for certain countries, regions, institutions, or individuals.
To review the list of high-risk regions and persons restricted due to AML concerns, refer to the link below:
To check if OVERDARE’s payout service is available in your country, refer to:
Stripe Cash Supported countries
Stripe Crypto Supported countries
All tax responsibilities arising from the payout rest solely with the Creator, who must report and pay any taxes to the relevant authority. Minors may have a parent or guardian manage their tax filing. Request for Taxpayer Information
For residents in the United States, Stripe will handle withholding taxes. For more detailed information, please click the link below:
10. Policy Modifications and Volatility
OVERDARE reserves the right to amend, modify, or cancel its payout policy at any time. Additionally, OVERDARE may add, remove, or change eligibility requirements for payouts or adjust the applicable exchange rate.
OVERDARE also states that the payout system is subject to change based on service conditions or the content provided. These changes may occur in response to platform needs or external factors.
By proceeding with any payout request, you acknowledge that you have reviewed and understood this OVERDARE Payout Policy and agree to abide by all related terms and guidelines. If you have any questions or concerns regarding this policy, please contact OVERDARE Customer Support for assistance.
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