1. Currency Points (CP)

1.1 Purpose

• Currency Points are the platform’s reward digital currency. They are used to redeem digital assets, participate in digital-only auctions, and unlock exclusive experiences inside FreeRaceHorse.com.

1.2 How Currency Points Are Earned

• Horse Race Winnings: Users earn 1 Currency Point for every $100 earned by their horse based on their 1/10,000 digital fractional share.
  • Example: If a horse earns $10,000 from a race, you receive 100 CP.
• Cash Purchases: Every $1 spent on merchandise and memorabilia, members earn 1 CP in addition to the purchased item.

1.3 How Currency Points Are Used

• Redeemable for digital items (e.g., pictures, exclusive video clips, digital collectibles).
• Can be used in platform-based digital auctions.

1.4 Rules

• Currency Points are non-transferable, non-refundable, and have no cash value.
• They cannot be withdrawn, sold, or exchanged for real money.
• Accrued CP points remain in the account even if a horse is lost due to inactivity.
• FreeRaceHorse.com reserves the right to adjust earning formulas, redemption options, or availability of rewards.

2. Activity Points (AP)

2.1 Purpose

• Activity Points are designed to measure engagement, recognize participation, and provide status within the community.

2.2 How Activity Points Are Earned (Phase One)

• Horse Race Results: Users earn 1 Activity Point for every $100 earned by their horse based on their 1/10,000 digital fractional share. ( same as currency points)

2.3 Other Earning Methods

• Activity Points are also earned:
  • Watching videos and live streams.
  • Chat participation.
  • Voting in polls and decisions.
  • Referring friends.
  • Sharing content.
  • Other in-app activities to be introduced over time.

2.4 How Activity Points Are Used

• Unlock status badges that showcase engagement level.
• Placement on leaderboards that recognize active users.

2.5 Rules

• Activity Points cannot be purchased.
• They are non-transferable, non-refundable, and have no cash value.
• They cannot be redeemed for items or currency.
• FreeRaceHorse.com may expand Activity Point uses in the future (e.g., limited influence in community polls or special recognition).

3. General Rules

• No Cash Value: Neither Currency Points nor Activity Points represent cash, property, equity, or ownership rights.
• Non-Transferable: Points cannot be sold, transferred, or exchanged between users.
• Platform Control: FreeRaceHorse.com may adjust point structures, earning methods, redemption options, or badge levels at any time.
• Expiration: CP or AP Points do not expire as long as the account remains active.
• Account Termination: Terminated accounts forfeit all Currency Points and Activity Points immediately.

4. Summary

• Currency Points = rewards currency for digital assets and auctions, earned through horse results and cash purchases.
• Activity Points = engagement currency for recognition, earned through horse results and platform activity.

For more details, contact: support@exceedequine.com