Otsy Creator Fund Terms of Use:
Otsy offers a creator funds feature that allows users to earn commissions when other users book experiences through their posts on the mobile application. To participate in the creator funds feature, users must opt-in and agree to the following terms:
Application Process:
To be considered for the Otsy Creator Fund, creators must submit a complete application through the Otsy app. Otsy will then review the application and assess eligibility. Otsy will inform creator of their acceptance or rejection, based on Otsy’s sole discretion. Otsy has the right to reject an application if they find that the creator does not meet the program’s eligibility requirements or fails to comply with the policies. If the application is rejected, creators can re-apply, but the final decision will still be at Otsy’s discretion.
Users must provide accurate and up-to-date information when setting up their Creator Fund account. Otsy is not responsible for any incorrect or inaccurate information provided by creators.
By submitting your application, you affirm that all the information you provide is truthful and accurate, and you commit to maintaining its accuracy at all times.
Eligibility:
Users meeting all listed requirements are eligible to participate in the Program:
- User’s Otsy account is active and in good standing.
- User has at least 1,000 authentic followers
- User has at least 1,000 views in the last 30 days
- User has posted 3 publicly viewable posts in the last 30 days
- If an individual, Creator must be a legal resident of the fifty (50) United States, D.C., or the territories and possessions of the United States, and be 18 years of age or older or the age of majority in their place of residence.
- If an entity, Creator must be incorporated or headquartered within the fifty (50) United States, D.C., or the territories and possessions of the United States.
Otsy reserves the right to add or modify eligibility at any time.
Creator Fund Terms of Use:
- Creator must provide accurate and up-to-date payout method to withdraw funds.
- Commission payments will be made directly to the user’s PayPal account within a reasonable time after the booking is complete.
- Creators may only earn commissions for authentic bookings made through their posts on the Otsy app.
- Otsy reserves the right to modify or terminate the creator funds feature at any time, with or without notice or liability to you or any third party.
- Users may withdraw their available balance from their creator funds at any time by logging into their account and initiating a withdrawal request.
- Users agree to provide accurate and up-to-date information to Trolly, our third-party service provider, which manages the tax information and other private information required for the creator funds feature.
- Creators are solely responsible for any taxes, fees, or other charges associated with their participation in the creator funds feature, and Otsy assumes no liability for any such charges.
- Creators must comply with all applicable laws and regulations regarding the reporting and payment of taxes on commission earnings from the creator funds feature.
Payment Distribution for Travel Commissions:
- Only users with an approved creator fund are eligible to earn and withdraw their commissions.
- Commissions are issued in a pending state to the creator when a user books through their post, and when the booking is confirmed.
- Travel commissions are approved and eligible for payout 1 month after the travel date.
- Travel commissions are null and void if a cancellation occurs before the booking completes.
- Commission payouts are issued to users on either the 1st day of the month or 15th day of the month.
The parties acknowledge and agree that they are independent contractors, and nothing in these Terms shall be interpreted as establishing a partnership, joint venture, or employment relationship with Otsy Inc. or any third party. To make it clear, the Creator acknowledges that they are not considered an employee of Otsy Inc. and therefore, they are not entitled to any benefits or rights that Otsy provides to its employees. This includes, but is not limited to, group insurance, liability insurance, disability insurance, vacation, leave, retirement plans, or unemployment insurance. The Creator also waives any such entitlements to the maximum extent permitted by law.
Otsy reserves the right to modify any of the terms and conditions outlined in these Creator Fund Terms, at any time, and at its sole discretion. By participating in Otsy’s Creator Fund, creator agrees to be bound by these terms and any other applicable terms and policies related to the feature. Otsy reserves the right to withhold funds or terminate a creator’s participation in the creator funds feature if they violate any of these terms or engage in any fraudulent or abusive behavior related to the feature.