In short
When you vote in a poll or back a proposal, you pay USDC to Boon, and Boon holds it until the creator delivers or the money goes back. If the creator chooses an option you didn't vote for, you get your money back minus Boon's 10% fee and a small network fee. If the creator declines before choosing, or misses their date, you get it back minus a small network fee. After delivery you have 3 days to rate the work or report a problem, and then the creator is paid. Payments on the blockchain are public and can't be reversed, and the network fee you pay isn't returned.
1. Who we are
Boon is run by [operator name, still to come], company number [company number, still to come], at [address, still to come] ("Boon", "we", "us"). Contact: [contact email, still to come].
2. What these terms cover
These terms apply when you use Boon as a fan: voting in polls, proposing ideas, backing proposals, reviewing work, reporting problems, and using your collection and share cards.
You also agree to the acceptable use rules. Our privacy notice explains what we do with your information.
Creators have their own terms, and so do businesses. If you also act as a creator or a business, those terms apply to that too.
3. Before you start
- Age. You must be at least [minimum age, still to come]. Boon doesn't check age today.
- Where you live. You may not use Boon if you live in, or act for someone in, a country or list Boon can't serve: [excluded countries, still to come].
- Your wallet. You sign in and pay with your own Solana wallet app, such as Phantom. Boon has no passwords. You are responsible for your wallet, your recovery phrase and your device. Boon never sees or holds your wallet's key, and can't recover a lost wallet. Your wallet app has its own terms, between you and its maker.
- One account. Use one account. Don't use second accounts to vote in the same poll twice, or to vote in your own poll. See the acceptable use rules.
4. USDC, Solana and network fees
- You pay in USDC, a digital token meant to stay worth one US dollar, on the Solana network. Boon doesn't issue USDC and can't promise its value.
- Boon builds each payment. Your wallet shows it to you, and nothing is sent unless you approve it there.
- A payment only counts once Boon's server has read it from the blockchain. If the network is busy, Boon tells you to wait.
- Every payment needs a small network fee in SOL, paid by you to the Solana network. It isn't paid to Boon, and it isn't returned when your USDC is refunded.
- Every refund takes off a network fee. Sending a refund costs Boon a network fee, so Boon takes a fixed 0.01 USDC off every refund and keeps it. Each payment is refunded on its own, so if you paid twice for the same thing, it comes off each payment. If what would come back is no more than this fee, nothing is sent and Boon keeps it. Your receipt shows the exact amount.
- Blockchain payments are public and permanent. Anyone can see your wallet address and payments on the Solana network, forever. Boon can't hide, change or reverse a blockchain transaction. See the privacy notice.
- Test networks. Boon runs only on test networks today, with test tokens that have no value. These terms are written for a future launch with real USDC.
5. Where your money is held
When you pay, your USDC goes to a wallet that Boon controls, with a key kept on Boon's server. Boon holds it there until the outcome: the creator is paid, or the money goes back to you. Boon keeps its own fees in the same wallet.
Your money isn't held by a bank or a payment company, and it isn't covered by any deposit or compensation scheme. If Boon's key were lost or stolen, or Boon stopped operating, you might not get your money back. [what happens to held money if Boon stops, still to come]
6. Voting in polls
6.1 How a poll works
A creator asks a question with two to six options. Each poll shows:
- the price: either a fixed price, or a minimum you can pay more than;
- when voting closes;
- the date the creator must deliver by.
Voting must close within 90 days, and the delivery date must be within 365 days.
6.2 Your vote
- One person, one vote. You can vote once in each poll. Paying more than the minimum supports the creator, but it doesn't give your vote more weight.
- A second vote from you in the same poll, or a payment that arrives after voting closes, isn't counted. It goes straight back to you, minus the network fee (section 4). Boon keeps no fee of its own.
- What you see while voting is open: your own vote, how many people have voted, and the total paid. You don't see how the votes split between options. The creator and Boon's admins do. Everyone can see the split once voting closes.
6.3 The creator chooses
After voting closes, the creator chooses which option to make. The creator may choose any option, not only the one with the most votes.
- If the creator chooses your option, your money stays held until delivery and the review window. See section 8.
- If the creator chooses a different option, you get your money back minus Boon's 10% fee, when the creator chooses. For example, if you paid 10 USDC, you get 9 USDC back minus the network fee, and Boon keeps 1 USDC and the network fee.
6.4 The creator declines, or misses the date
- The creator declines before choosing: everyone gets their money back, minus the network fee. Boon keeps no fee of its own.
- The creator declines after choosing: the voters for the chosen option get their money back, minus the network fee. Voters for other options were already refunded minus the 10% fee and the network fee, and Boon keeps both.
- The creator misses the delivery date: the creator can no longer deliver or be paid. You can take your own money back, minus the network fee, from the poll page, at any time after the date. You don't have to wait for anyone. The creator can also refund everyone. Voters for other options were already refunded minus the 10% fee, and Boon keeps that fee.
The refund after a missed date doesn't happen by itself. Until you, or the creator, ask for it, your money stays held. There is no in-app notice for it unless the app shows one, and no email.
7. Fan proposals
7.1 Proposing an idea
You can propose an idea to a creator. You set:
- a description of the idea;
- a goal amount;
- a minimum contribution, which can't be less than 1 USDC.
You don't have to pay to propose. You can't cancel a proposal once you've made it. Your proposal is public, with your name.
7.2 Backing a proposal
- You can back a proposal while it waits for the creator's answer, with at least its minimum contribution.
- Your name and the amount you paid are shown on the proposal. Boon doesn't show your wallet address, but the payment is public on the blockchain.
- You can't withdraw your backing before the creator answers.
- The creator can accept a proposal even if the goal isn't reached.
7.3 The creator's answer
The creator has 14 days to accept or decline.
- Accepted: the creator sets a delivery date, within 365 days. Your money stays held until delivery and the review window. See section 8.
- Declined: every backer gets their money back, minus the network fee. Boon keeps no fee of its own.
- No answer in 14 days: you can take your own money back, minus the network fee, from the proposal page.
- The creator declines after accepting: every backer gets their money back, minus the network fee.
- The creator misses the delivery date: you can take your own money back, minus the network fee, from the proposal page.
8. Delivery, the review window and payment to the creator
8.1 Delivery
When the creator has made the work, they submit proof of delivery: a link to the work, with an optional note, and possibly a file. Only people who paid can see the link, the note and any file. Boon doesn't check that the work matches what was promised before the review window starts.
8.2 The review window
After delivery, a review window of 3 days follows. The length is saved with each delivery, so a later change doesn't affect work already delivered.
During the review window, if your money is waiting to go to the creator, you can:
- rate the work from 1 to 5, once, with an optional comment. Your rating and comment may appear on the creator's page;
- report a problem, if the work wasn't delivered, isn't what was described, the link doesn't work, or something else is wrong. Add what happened and any evidence: links, and files you upload.
Voters whose option wasn't chosen can't rate or report, because their money already went back.
There is no button to reject the work. To raise a problem, report it. You can't ask for changes in a way that pauses the window.
8.3 With no report
When the review window ends with no open report, Boon releases the money automatically. The creator receives the money minus Boon's 10% fee. This can't be undone.
8.4 With a report
A report holds the money for that poll or proposal. Nothing is released while it is open. One of Boon's admins then decides:
- release the money to the creator, minus Boon's 10% fee; or
- refund every payer for that poll or proposal, not only the person who reported. Boon doesn't keep its 10% fee from that refund: you get everything back, minus the network fee.
There is no deadline for the admin's decision. Your money stays held until they decide. No report is decided automatically, whatever the number of reports or the ratings.
Boon's admins aren't an independent body. Their decision is about the held money only. It doesn't stop you using any right you have in law. Not yet decided: how to ask for an admin's decision to be looked at again.
9. Updates from creators
After a creator accepts a poll option or a proposal, they can post updates while they make the work. Updates can only be seen by the creator and the people whose money is going to the creator.
10. What you receive
Boon doesn't make or check the work. The creator makes it and is responsible for it.
Not yet decided: who owns the delivered work, and what you may do with it. Until this is decided, assume the creator keeps all rights in their work, and you may view or use it only for your own personal, non-commercial enjoyment.
11. Your collection and share cards
- Your collection shows what you have voted for, backed and received. Only you can see it.
- Share cards. You can make a card that shows your own vote, through a link only you create. Anyone with the link can see it. It never shows how votes split while voting is open. You can stop sharing, and the link then stops working, but a copy someone already made can't be recalled.
- Sharing a poll page shows what anyone can already see on it.
12. Notices
Boon tells you about things such as "Results are in" with notices inside the app. Boon doesn't send emails or push notices. Check the app for refunds you can claim and review windows that are ending.
13. Reporting content
If something on Boon breaks the acceptable use rules, you can report it. Boon's admins decide. Nothing is hidden automatically.
14. Boon's role
Boon runs the website, builds payments, holds the money, and its admins decide reports. Boon doesn't make the work, and isn't the creator. Your agreement about the work is with the creator.
15. Your rights to cancel
This section is still to come.
16. Bans
Boon's admins can ban an account that breaks these terms or the acceptable use rules. A ban stops new actions, such as voting, backing, proposing and messaging. A ban never stops money going back to you. If you are owed a refund, you still get it. See the acceptable use rules for what admins may do.
17. Liability
[liability terms, still to come].
Nothing in these terms limits or excludes any liability that the law doesn't allow to be limited or excluded, or takes away your statutory rights as a consumer.
Boon isn't responsible for: the Solana network, USDC and its issuer, your wallet app, the value of USDC, network fees, or the work a creator delivers.
18. Changes to these terms
Boon may change these terms. A new version has a new version number. You'll be asked to accept it before your next action. A change doesn't alter the rules for money you've already paid. [notice period, still to come].
19. Complaints about Boon
To complain about Boon itself, contact [contact email, still to come]. [complaint handling and any dispute resolution body, still to come].
20. Law
These terms are governed by [governing law, still to come]. [courts, still to come]. If you're a consumer, you keep the protection of the law where you live, where that law says so.