ValueCycleNetwork (VCN) Terms of Use

These Terms of Use (“Terms”) govern your access to and use of ValueCycleNetwork (“VCN”), operated by Value Cycle Network LTD.

VCN is a digital knowledge marketplace providing access to digital products, educational resources, marketplace functionality, utility services, AI-powered creative tools and related services.

These Terms constitute an agreement between you and Value Cycle Network LTD when you create an account or use VCN.

Please read them carefully.

VCN IS NOT AN INVESTMENT SCHEME, BANK, DEPOSIT-TAKING INSTITUTION OR SAVINGS PLATFORM.

Participation in VCN does not guarantee income, profit, buyers, sales or any financial result.

By creating an account or using VCN, you acknowledge that you have read and agree to these Terms and the VCN Privacy Policy.

Where VCN requires affirmative acceptance during registration, your acceptance may be electronically recorded together with information such as:

• account
• date/time
• Terms version
• Privacy Policy version.

If you do not agree, do not create or use a VCN account.

You must be at least 18 years old to register or participate in VCN.

You must provide accurate information.

You may be required to maintain:

• a valid email address
• active telephone/WhatsApp number
• eligible banking information
• other information required for verification or marketplace participation

VCN may implement account-integrity controls designed to prevent multiple or fraudulent accounts.

Users must not create or operate duplicate accounts using alternative:

• names
• email addresses
• WhatsApp numbers
• telephone numbers
• bank accounts
• identities
• devices or other techniques intended to circumvent VCN rules

Creating or controlling accounts for the purpose of manipulating marketplace assignments, bonuses, queues or transactions is prohibited.

VCN provides access to digital knowledge products that may include:

• eBooks
• PDFs
• guides
• courses
• video resources
• audio resources
• business resources
• AI resources
• educational materials
• other approved digital products

Products and available marketplaces may change.

Participation in a VCN marketplace is governed by the rules applicable to that marketplace.

A member should review:

• product price
• applicable Activation Fee
• eligibility
• transaction requirements
• Sellers Queue rules
• applicable payment window
• product information
• marketplace rules

before proceeding.

Where currently offered, participation in the ₦5,000 Marketplace requires:

• Digital product price: ₦5,000
• Activation Fee: ₦1,000

Therefore, the total initial amount required to begin the applicable process is:

• ₦6,000

These amounts may differ in other marketplaces and may change prospectively where VCN updates marketplace configuration.

The applicable amount displayed before payment governs the transaction.

An Activation Fee may be required to activate participation in a marketplace.

The Activation Fee supports the operation and infrastructure of VCN, which may include:

• platform operation
• maintenance
• development
• security
• communications
• payment infrastructure
• administration
• marketing
• support
• compliance
• other operational costs

An Activation Fee is not an investment contribution and does not entitle the member to interest or guaranteed financial returns.

After satisfying the applicable requirements, an eligible member may receive a VCN Marketplace Selling License.

The Selling License represents permission to participate as a seller in the applicable VCN marketplace according to VCN rules.

It is not:

• a government licence
• a securities licence
• an investment certificate
• a guarantee of buyers
• a guarantee of income

VCN may use an automated Sellers Queue to organise marketplace participation.

The Sellers Queue operates according to predefined system rules.

Queue position may change as transactions, assignments, pauses, completions and other authorised events occur.

VCN DOES NOT GUARANTEE HOW LONG A MEMBER WILL REMAIN IN A SELLERS QUEUE.

A displayed queue position is not a promise that a buyer will arrive within any particular period.

VCN's system may assign eligible Buyers to Sellers according to marketplace rules.

Routine assignments are system-driven.

The Management Team maintains and supports the platform but does not ordinarily manually select who should receive a particular Buyer.

VCN may take administrative action where necessary for:

• security
• fraud prevention
• appeals
• technical failures
• enforcement
• authorised marketplace administration.

A marketplace cycle is not completed merely because a member purchased a product.

Subject to the rules of the applicable marketplace, the general cycle involves:

• BUY A PRODUCT → RECEIVE YOUR PRODUCT → RECEIVE PAYMENTS FROM ASSIGNED BUYERS → COMPLETE YOUR CYCLE → DECIDE WHETHER TO START ANOTHER CYCLE.

Specific operational steps may include Activation Fee payment, Seller payment, payment confirmation, product delivery, Selling License issuance, Sellers Queue entry and Buyer assignments.

A member may have only one active/incomplete cycle per marketplace at a time.

You may continue browsing products while a cycle is active.

However, another purchase in the same marketplace may be blocked until the existing cycle is completed.

This restriction is marketplace-specific.

Where VCN operates sequential marketplace levels, eligibility for a higher marketplace may depend on completing the required number of cycles in the preceding marketplace.

Under the current progression model, a member must complete at least two full cycles in the current marketplace before becoming eligible for the next marketplace.

Eligibility does not guarantee that a higher marketplace is open or available.

VCN may introduce marketplaces progressively.

Where VCN marketplace rules require a Buyer to pay an assigned Seller directly, that transaction occurs between the Buyer and Seller using the payment details provided through the platform.

Users must:

• follow displayed payment instructions
• pay only the assigned party
• verify payment details
• use truthful payment confirmations
• retain proof of payment where appropriate

Never mark a payment as completed if you have not actually made it.

Marketplace transactions may operate under specified response or payment windows.

Where an applicable window applies — 15 minutes for the Buyer payment window and 30 minutes for the Seller confirmation window — users should act within that period.

If a Buyer fails to make the required payment within the applicable window, the assignment may expire or be cancelled according to marketplace rules.

If a Buyer has genuinely paid but the Seller has not confirmed payment, the Buyer should use the available reporting or Appeal Centre process.

VCN provides mechanisms for resolving certain marketplace transaction disputes.

Users must provide truthful information and supporting evidence.

Submitting:

• fake receipts
• altered receipts
• false bank evidence
• fabricated payment claims
• fraudulent appeals

may result in suspension or termination and other appropriate action.

Amounts received by a Seller from assigned Buyers for digital-product transactions constitute gross marketplace sales revenue under the applicable marketplace rules.

They should not automatically be interpreted as net profit because users may incur costs, fees, taxes or other expenses.

Sales Revenue is not interest, investment yield or a guaranteed return on money.

VCN does not guarantee that any member will achieve a particular level of Sales Revenue.

This provision is fundamental.

VCN does not guarantee: buyers; sales; income; earnings; profit; financial independence; a specific queue position by a particular date; cycle completion within a particular period; continuous marketplace activity; uninterrupted availability; any particular financial result.

Examples, illustrations, calculations and historical outcomes are explanatory only unless expressly stated otherwise.

Past activity does not guarantee future results.

VCN may operate a Referral Bonus system under published eligibility and marketplace rules.

Referral Bonuses are rewards associated with qualifying activity.

They are not:

• interest
• guaranteed income
• investment returns
• compensation merely for depositing money.

Eligibility, rates and applicable conditions are governed by the current VCN rules displayed through the platform.

Referral activity must not involve false, deceptive or misleading representations.

Members promoting VCN must represent it truthfully.

You must not claim that VCN:

• guarantees income
• guarantees profit
• guarantees Buyers
• guarantees cycle completion
• guarantees financial freedom
• is an investment
• provides guaranteed returns
• makes users rich automatically
• is risk-free

You must not fabricate testimonials, transaction evidence or earnings claims.

FCCPC guidance states that businesses should provide factually accurate information and avoid misleading or deceptive representations.

Eligible members may receive a personal VCN Sales Page.

A Sales Page is provided as a marketing tool.

A member operating a Sales Page remains responsible for content, advertising campaigns and representations the member personally adds or makes.

Members must comply with:

• VCN rules
• applicable advertising laws
• applicable privacy requirements
• third-party advertising-platform rules.

A personal VCN Sales Page may be operated by an independent VCN member.

Unless expressly authorised, a member does not have authority to:

• bind Value Cycle Network LTD contractually
• make guarantees on behalf of VCN
• alter VCN's Terms
• promise financial outcomes
• represent themselves as an employee or authorised officer of VCN

VCN may provide Utility Credits.

Utility Credits are non-cash platform credits.

They may be:

• earned according to applicable VCN rules
• funded through supported methods
• transferred where permitted
• spent on eligible services.

Utility Credits are not money deposited with VCN and do not constitute:

• savings
• bank deposits
• securities
• investments
• interest-bearing balances.

Utility Credits cannot ordinarily be withdrawn or redeemed for cash.

Eligible Utility Credits may be used for supported services such as:

• airtime
• data
• electricity
• television subscriptions
• Creator Studio services
• other supported services

Availability depends partly on third-party providers and may change.

VCN cannot guarantee continuous availability of every third-party utility service.

VCN may provide AI-powered creative tools.

Users may submit prompts, ideas, themes, lyrics or other permitted content.

AI-generated outputs may vary.

VCN does not guarantee that every AI output will:

• meet your artistic expectations
• be unique
• be error-free
• be commercially suitable
• be accepted by a third-party platform

Users remain responsible for reviewing generated content before publishing or commercially exploiting it.

You must not knowingly use VCN AI services to violate:

• copyright
• trademark rights
• privacy rights
• publicity rights
• contractual rights
• applicable law.

Do not submit content that you do not have the right to use.

Rights associated with generated outputs may also depend on the terms applicable to underlying AI providers and applicable law.

VCN does not warrant that an AI-generated output is automatically eligible for copyright protection or unrestricted commercial exploitation.

Except where otherwise required by applicable law or expressly provided below:

Digital Products, eBooks and Courses

Once successfully purchased/delivered, digital products, eBooks and courses are non-refundable.

Activation Fees

Successfully processed Activation Fees are non-refundable.

Utility Credit Funding

Once Utility Credits have been successfully funded and credited, the funding cannot ordinarily be retrieved or withdrawn.

Successful AI Music Creation

A successfully completed AI Music Studio creation is non-refundable.

Failed AI Music Creation

Where an eligible AI Music generation fails according to VCN's authoritative system records, the applicable charge is refundable/restorable according to the VCN payment or Utility Credit mechanism.

Duplicate or Erroneous Payments

Verified duplicate or erroneous payments are eligible for appropriate correction or refund.

VCN may require transaction evidence and verification before processing a refund.

Nothing in this section excludes a consumer remedy that cannot lawfully be excluded.

This qualification is important: FCCPC guidance expressly recognises consumer refund/remedy rights in specified circumstances and requires refund restrictions to be properly disclosed.

Users must not:

• commit fraud
• operate prohibited duplicate accounts
• impersonate another person
• provide false identity information
• manipulate the Sellers Queue
• manipulate assignments
• manipulate payments
• submit false payment confirmations
• create fake receipts
• abuse Referral Bonus systems
• exploit technical vulnerabilities
• interfere with VCN systems
• use automated attacks
• attempt unauthorised access
• harass other members
• misuse member information
• distribute malware
• use VCN for unlawful purposes
• circumvent account restrictions

VCN may restrict, suspend or terminate an account where reasonably necessary because of:

• fraud
• suspected fraud requiring investigation
• duplicate accounts
• false information
• payment manipulation
• marketplace manipulation
• security threats
• abuse
• harassment
• illegal activity
• material violation of these Terms
• material violation of marketplace rules

Where appropriate and reasonably practicable, VCN may investigate before final termination.

Serious fraud or security threats may require immediate restriction.

Termination does not automatically erase legitimate historical transaction, audit or regulatory records.

VCN's website, branding, logos, software, interface, designs, databases, documentation and original platform materials may be protected by intellectual-property laws.

Except where expressly permitted, users must not:

• copy
• reproduce
• reverse engineer
• commercially exploit
• distribute
• impersonate
• misuse

VCN intellectual property.

Digital products may have separate licence terms.

Purchasing a product does not automatically transfer copyright ownership.

VCN depends on third-party providers for some services.

These may include:

• payment processing
• communications
• banking verification
• utility fulfilment
• AI generation
• cloud infrastructure
• hosting
• analytics

VCN is not responsible for every independent act or failure of a third-party provider, but this provision does not exclude liability or consumer rights that cannot legally be excluded.

VCN aims to maintain reliable services but does not promise uninterrupted availability.

Temporary disruption may occur because of:

• maintenance
• upgrades
• internet failures
• third-party outages
• payment-provider outages
• security incidents
• infrastructure problems
• circumstances beyond reasonable control

Where appropriate, VCN will seek to restore affected services.

Users are responsible for understanding and satisfying taxes or statutory obligations applicable to their individual transactions or income, where applicable.

VCN may make deductions, collect taxes or provide information where required by law.

To the maximum extent permitted by applicable law, VCN will not be responsible for indirect or consequential losses arising solely from circumstances outside VCN's reasonable control.

Nothing in these Terms is intended to exclude or restrict liability that cannot lawfully be excluded, including applicable rights concerning fraud, negligence, misrepresentation, defective performance or statutory consumer protections.

That qualification is intentional because FCCPC identifies certain purported liability waivers as prohibited or ineffective.

Users should first attempt to resolve transaction-specific marketplace disputes using the VCN Appeal Centre where applicable.

For other complaints:

Email: support@valuecyclenetwork.com

Please provide relevant:

• account information
• transaction reference
• description
• evidence
• requested resolution.

VCN will seek to investigate legitimate complaints fairly.

FCCPC itself advises consumers generally to first engage the product/service provider before escalating an unresolved consumer complaint to FCCPC.

Nothing in these Terms prevents a consumer from exercising rights to approach a competent regulator or court where such rights exist under applicable law.

These Terms are governed by the applicable laws of the Federal Republic of Nigeria.

Subject to applicable consumer rights and mandatory legal provisions, disputes that cannot be resolved internally will be handled through appropriate dispute-resolution processes or courts of competent jurisdiction in Nigeria.

VCN may introduce, modify, suspend or discontinue features, marketplaces, products or services.

Where a change materially affects existing rights or obligations, VCN will provide appropriate notice where required.

Historical transactions will continue to be governed by the applicable transaction records and rules to the extent required by law and the platform's documented policies.

VCN may amend these Terms because of:

• legal requirements
• regulatory changes
• security requirements
• new products
• marketplace changes
• operational improvements

Material updates may be communicated through VCN or another appropriate channel.

The effective date and version should be maintained.

Continued use after an effective update may constitute acceptance where legally appropriate; where fresh affirmative consent is required, VCN should obtain it.

If a provision of these Terms is held invalid or unenforceable, the remaining provisions will continue to apply to the extent permitted by law.

These Terms, together with applicable:

• Privacy Policy
• Cookie Policy
• marketplace rules
• product-specific terms
• transaction-specific disclosures

form the applicable agreement governing your use of VCN.

Where transaction-specific terms apply, they should be read together with these Terms.

For questions, complaints or legal notices relating to these Terms:

Value Cycle Network LTD

Email: support@valuecyclenetwork.com