Kooday Newest Update

Kooday-LAWS
Kooday has imposed very few actual “Laws” that MUST be upheld by members.
What follows are “Kooday-Laws”
Only one account per person/business is allowed when participating in earnings from Kooday(each person/business must have an individual tax id)

To participate in Kooday a member must be able to enter into a legally binding contract with Kooday(this age will vary from country to country)

To participate in Kooday a member must have an AlertPay account.

To participate in and receive compensation from Kooday Profit-Sharing a member must provide accurate and complete information as requested in the profile area of their account.

LIMITING THE GOLD
Kooday have decided to implement two Gold-Credit limiting measures.The first is to take one Gold-Credit away from a person each time they sold a keyword or phrase.This will not be the case unless Kooday decide to later deem it necessary.So for now the accumulation of Gold-Credits will resume as usual.Kooday will however implement part two of the Gold-Credit limiting measure.Kooday have placed a limit on the number of Gold-Credits that are allowed within the system at any given time.Once Kooday reach the maximum amount allowed each member will see a reduction of 10% of their Gold-Credits.These Gold-Credits will be placed into a pool for distribution for the trading of keywords and phrases. Kooday will be monitoring the flow of Gold-credits and will add more to the pool as required.

Scenarios at 10% Gold-Credit Reduction
Scenario 1
Assume that you are a Gold member with 3000 Gold-Credits:

* You would lose 300 Gold-Credits as your part of the contribution to the pool, leaving 2700.

Scenario 2
Assume you are a Diamond with 5000 Gold-Credits with 102 Gold-Reserves:

* Your contribution to the pool will be 500 Gold-Credits.
* They will be first taken from your Gold-Reserves then the balance from your Gold-Credits,leaving 4602 Gold-Credits and 0 Gold-Reserves.

Scenario 3
You are a Diamond with 5000 Gold-Credits with 4000 Gold-Reserves:

* Your contribution to the pool will be 500 Gold-Credits.
* They will be taken only from your Gold-Reserves, not affecting your Gold-Credits, leaving you 5000 Gold-Credits and 3500 Gold-Reserves.

Kooday sees this measure as necessary to keep the value of members efforts and by doing so, keeping profits flowing to them. This was in the design from Kooday conception.