“What is IMVU? How to make money on IMVU? How do I sign up?” That’s the common question when people first join this social networking site. Doonruler (Doonruler.com) will help you answer all questions in this article.
IMVU is a social networking site that was founded in 2004. Menlo Ventures, Bridgescale Partners, AllegisCyber Capital, and Best Buy Capital were among the early investors in IMVU. IMVU users use 3D avatars to interact with others, chat, and play games.
1. Who Can Make Money On IMVU?
IMVU has a large and diverse creator community, many of whom earn real money by selling their creations in the IMVU catalog.
IMVU is a place to make a little extra money for people who create as a hobby, but it means earning a living for those who treat their IMVU shop as a business!
Creator Payments are available to all creators who can verify their accounts and accept payments via PayPal.
Account verification entails providing identification information as well as reviewing your catalog.
Based on the profits you’ve set for your products, you’ll earn 40 cents per 1,000 Credits.
2. How Do I Sign Up?
Before you can sign up, you must read and accept the Creator Agreement and Policy.
After you’ve completed that, proceed to Creator Payments (you must have accepted the Creator Agreement to view this page). Click the Account Verification Page link or the Submit Request link to begin the account verification process:
This will open the Account Verification window, where you can provide the information needed to verify your account.
All Creators must provide their full name, physical address, phone number, and PayPal email address to us. In addition, they will be required to complete some tax-related documents.
Once you’ve finished entering your information and uploading any necessary documents, click the Submit button. Your request will be given a unique verification ID, and you will receive a confirmation message (and email) confirming that it has been received.
You will receive a confirmation message once your account has been verified. On the same page, click the Acknowledge button. You will now be able to make payout requests!
3. Are There Any Limits To How Much I Can Earn?
Aside from the $50 minimum for a single money payout, IMVU allows the maximum amount for a single money payout is$10,000.
Creators are also limited to a maximum of 30 days per month. This limit is equal to either US$10,000 or the creator’s monthly average sales amount (known as MASA) over the previous 12 full calendar months, whichever is less.
Your MASA is calculated by multiplying the total amount of Credits earned by your account over the last 12 full calendar months by the payment rate, and dividing by 12.
Capping only applies to creators who request more than $500 in any 30-day period.
Furthermore, if you request more than two payouts in a 30-day period, you may be charged a $5 payment service fee, which will be deducted from your payout amount.
4. How Do I Request A Payout?
You can request a payout now that you’ve signed up for the program and your available balance has reached at least$50. You may request any full dollar amount (as long as it is at least $50).
To request a payout, go to the bottom of the Creator Payments page and click the link. A window will appear in which you can enter the amount you want to withdraw and your PayPal email address.
When you’ve finished filling out the form, click the Submit button. By clicking the link at the bottom of the page, you can view your payout request history.
5. Do You Offer Any Other Payment Methods?
IMVU currently only accepts PayPal as a method of payment. Paypal is available in over 200 countries and is completely free to use.
All of your questions have been answered in this article from Doonruler (Doonruler.com). Now you can know what IMVU is and how to make money on IMVU. Follow us to know more about making money tips and tricks.