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Money Fomo Powered by Nation, Affiliate Program, Individual Referral Program, Destinations Referral Program, And Employer Partnership Referral Program Terms & Conditions

Last updated October 27, 2019

Powered by Nation allows active Money Fomo Participants, Premotes (as defined by Money Fomo), and Money Fomo Citizens in good standing (as determined by Money Fomo), (“PBN Referrer” or “PBN Referrers”) to earn Money Fomo credits or money by referring friends to join a Money Fomo program.

The Individual Referral Program allows Money Fomo employees, and individual Money Fomo independent contractors (“Individual Referrer” or “Individual Referrers”) to earn Money Fomo credits or money by referring friends to join a Money Fomo program.

The Employer Partnership Referral Program allows active Money Fomo participants, Money Fomo Citizens in good standing (as determined by Money Fomo), and Premotes/Pomotes (as determined by Money Fomo) (“EP Referrer” or “EP Referrers”) to earn Money Fomo credits or money by referring their current employer to Money Fomo’s Partnerships team.

The Affiliate Program allows people with no prior affiliation to Money Fomo to apply for an affiliate link through which they may earn cash for referrals.  Each Affiliate must be pre-approved by Money Fomo. In order to qualify you must be an be an influencer or micro-influencer in a relevant space, and have a social media presence / message that is aligned with Money Fomo's core values, or be a Pomote (as defined by Money Fomo). Whether you may qualify to become an Affiliate is completely within Money Fomo's discretion and Money Fomo reserves the right to revoke Affiliate status at any time and for any reason.

To participate in Powered by Nation, the Affiliate Program, the Individual Referral Program, or the Employer Partnership Referral Program, you must agree to these terms and conditions. Anyone that does not fit the descriptions above may not participate. Capitalized terms not defined here will have the same meaning they are given in Money Fomo’s Participant Terms and Conditions.

1. Qualified Referral (“Qualified Referral”)

1.A. For Powered by Nation. Same as paragraph 1b. below.

1.B. For individual referrals. For any referred person (“Referred Person”) to be considered a Qualified Referral, such Referred Person must: (a) not have applied to Money Fomo prior to the referral; (b) be an individual person (as opposed to an entity or a group of people); and, (c) submit a full down payment for, and commit to join, a 12 Month Money Fomo program or a 4 Month Money Fomo Program, within six months of (but not prior to) the referral Submission. In the event a Referred Person is referred more than once, only the Referrer that the Referred Person designates when they put down their down payment will be eligible to earn. If no Referrer is designated by the Referred Person, only the Referrer that made the referral first will be eligible to earn. (Two people that will be sharing a room on a Money Fomo program and taking advantage of the shared room discount are not eligible to refer each other.)

C. For employer partnership referrals. For any referred employer (“Referred Employer”) to be considered a Qualified Referral, such Referred Employer must: (a) be the Referrer’s current employer; (b) be an actual entity with multiple employees and/or independent contractors that would be eligible for a Money Fomo program; and, (c) must sign a Partnership contract with Money Fomo within twelve months of (but not prior to) the referral Submission. In the event a Referred Employer is referred more than once, only the Referrer that made the referral first will be eligible to earn.

D. For Affiliates. For any referred person (“Referred Person”) to be considered a Qualified Referral, such Referred Person must: (a) not have applied to Money Fomo prior to the referral; (b) be an individual person (as opposed to an entity or a group of people); and, (c) submit a full down payment for, and commit to join, a 12 Month Money Fomo program or a 4 Month Money Fomo Program, within six months of (but not prior to) the referral Submission.

E. For Destination Referrals. For any referred person (“Referred Person”) to be considered a Qualified Referral, such Referred Person must: (a) be an individual person (as opposed to an entity or a group of people); and, (b) submit a full payment for, and commit to join, a Money Fomo one month Destination program. In the event a Referred Person is referred more than once, only the Referrer that the Referred Person designates when they pay will be eligible to earn. If no Referrer is designated by the Referred Person, only the Referrer that made the referral first will be eligible to earn. (Two people that will be sharing a room on a Money Fomo program and taking advantage of the shared room discount are not eligible to refer each other.)

2. Process

Submission  (“Submission”)

2.A. For Powered by Nation. PBN Referrals can be made/recorded in four different ways.

  • As described in paragraph 2.b. below for Individual referrals.
  • If a pomote joins a program by submitting a non-refundable down payment and uses your personal referral link to complete their Money Fomo profile.
  • Name Drop: If the pomote joins a program by submitting a non-refundable down payment and shares your name as the person who influenced them to join Money Fomo when they are filling out their Money Fomo on-boarding survey. (Money Fomo reserves the right to disqualify anyone who it believes may be abusing this method of recording referrals.)
  • If a Money Fomo program consultant connects you with their pomote, you have a conversation, and they join a program by submitting a non-refundable down payment. 

B. For individual referrals. Referrers must complete a separate Submission for each Referred Person. Each Submission can only be made by a single Referer (no group submissions). Referrers may only complete a single Submission per potential person they would like to refer. Incomplete Submissions will result in ineligibility. Submissions for referral can be made by completing a referral form on the Money Fomo Referral Program website that provides:

  • Referrer’s first and last name;
  • Referrer’s affiliation with Money Fomo (e.g. “current Remote on program ____”, “Money Fomo Ambassador”, “Money Fomo employee”, etc.)
  • Referred Person’s first and last name;
  • Referred Person’s valid phone number; and
  • Referred Person’s valid email address.

C. For employer partnership referrals. Each Submission can only be made by a single Referer (no group submissions). Referrers may only complete a single Submission for their current employer. Incomplete Submissions will result in ineligibility. Submissions for referral can be made by completing a referral form on the website that provides:

  • Referrer’s first and last name;
  • Referrer’s affiliation with Money Fomo (e.g. “current Remote on program ____”, “Money Fomo Ambassador”, “Potential Remote signed up for program _____”, etc.)
  • Referred Employer’s Name;
  • Referred Employer Contact  first and last name;
  • Referred Employer Contact valid phone number; and
  • Referred Employer Contact’s valid email address.

D. For Affiliates.

  • If you are approved as an Affiliate we’ll provide you with an affiliate link to be used for submissions.

D. For Destinations.

  • When filling out the Destination application, each applicant will have an opportunity to share how they heard about Destinations. If the applicant chooses the “referral” option, they will then have the opportunity to share the name of the person who referred them.

Contact with Referred Person

Following a complete Submission, we will contact the Referred Person confirming our receipt of the Submission unless otherwise instructed to contact Referrer first. By agreeing to these terms and conditions and/or making a Submission, you hereby represent that you have obtained consent from the Referred Person to provide Money Fomo with the Referred Person’s contact information for the purposes described in these terms. The Referred Person will have the opportunity to inform us that (a) they are not looking to join Money Fomo; and/or, (b) they have not given authorization to you in connection with the referral. If the Referred Person informs us that they have not  given authorization to you, you will not be eligible to earn even if such Referred Person becomes a Qualified Referral. Submissions that do not adhere to the procedures outlined in these terms will not be recognized as valid.

Contact with Referred Employer

Following a complete Submission, the Referred Employer will be contacted by Money Fomo’s Employer Success Team. By agreeing to these terms and conditions and/or making a Submission, you hereby represent that you have obtained consent from the Referred Employer to provide Money Fomo with the Referred Employer’s  contact information for the purposes described in these terms. The Referred Employer will have the opportunity to inform us that (a) they are not interested in a partnership opportunity with Money Fomo; and/or, (b) they have not given authorization to you in connection with the referral. Submissions that do not adhere to the procedures outlined in these terms will not be recognized as valid.

3. How To Earn

Note for any cash payments: Before a referral fee can be paid, you will be required to complete Money Fomo’s standard registration form or Vendor Onboarding Form and be onboarded to our payment system to enable us to process your fee. Money Fomo will prepare a form 1099 for US participants that receive cash payouts. Non-US Referrers/Affiliates will need to provide us with wire instructions and complete the appropriate tax forms, if any. No referral fees will be eligible for payment until Money Fomo’s Registration Form has been completed and returned to Money Fomo and/or until wire instructions have been provided. If you have not completed all of the Registration Form by the time you are due to be paid referral fees, Money Fomo may withhold said fees, and is not responsible for the payment of any referral fees until the Registration Form is complete. Money Fomo may take up to 60 days from the latter of when you’ve been onboarded to our vendor payment software or when the referred down payment has been submitted, to process your payment.

Referrers: Active Money Fomo Participants

A. For Powered by Nation. Subject to these terms and conditions, a Referrer that is an active Money Fomo Participant will receive a $200 credit towards his/her monthly Money Fomo payment for a month following the submission of a full down payment by their Referred Person or a $50 credit if it is a Name Drop referral. Earning cash through Powered by Nation is not an option for Active Money Fomo Participants. Citizen referrers will have a choice between cash or credit towards Money Fomo services.

B. For employer partnership referrals. Subject to these terms and conditions, a Referrer that is an active Money Fomo Participant will receive a $1,000.00 credit towards his/her monthly Money Fomo payment for a month following a successful employer partnership referral. Earning cash through the Money Fomo Employer Referral Program is not an option for Active Money Fomo Participants.

Referrers: Premotes

For individual referrals. Subject to these terms and conditions, a Referrer that has put down a full downpayment for a Money Fomo program completed a profile on the Money Fomo website but is not yet an active Money Fomo Participant will receive a $200 credit towards his/her monthly Money Fomo payment, or a $50 credit if it is a Name Drop referral, should he/she join such a program, for a month following the submission of a full down payment by their Referred Person. Earning cash through the Money Fomo Referral Program is not an option for Premotes.

For employer partnership referrals. Subject to these terms and conditions, a Referrer that that has put down a full downpayment for a Money Fomo program completed a profile on the Money Fomo website but is not yet an active Money Fomo Participant will receive a $1,000.00 credit towards his/her monthly Money Fomo payment, should he/she join such a program, for a month following a successful employer partnership referral. Earning cash through the Money Fomo Referral Program is not an option for Premotes.

Referrers: Money Fomo Citizens, Money Fomo employees, and Money Fomo independent contractors

A. For individual referrals. Subject to these terms and conditions, Referrers that are Money Fomo Citizens in good standing, Money Fomo employees, or Money Fomo independent contractors will receive a referral fee of $200 USD, or $50 for Name Drop referrals, or a rough equivalent in local currency, via an alternate payment method.

B. For employer partnership referrals. Subject to these terms and conditions, Referrers that are Money Fomo Citizens in good standing will receive a referral fee of $1,000.00 USD, or a rough equivalent in local currency, via an alternate payment method.

Affiliates

A. Subject to these terms and conditions, Affiliates will receive a referral fee of $200 USD via Money Fomo’s vendor payment software following the submission of a full down payment by their Referred Person.

Destinations

A. Subject to these terms and conditions, the Referred will receive a discount of $300 USD of their Destination payment, but only if they have not received any other discounts or made use of other promotions in their Destinations purchase. If the Referred purchases the Destination, and does not cancel or request a refund, the Referrer will receive a referral fee of $300 USD.

4. Communications

A. For Powered by Nation, Affiliates, and individual referrals. All communication regarding the amount of fees/credits and the schedule of payments/credits shall come from the Money Fomo Referral Program team. Any questions or concerns regarding these terms and the referral program should be addressed to the Money Fomo Referral program team at [email protected] While you may receive unofficial contact from other Money Fomo departments regarding your referral, please be advised that any such communication shall be considered advisory only, any information provided to you by such other team may not be correct or valid, and no determinations, especially regarding validity of a referral, made by such other team may be considered binding. The Money Fomo Referral Program team shall be responsible for the final determinations regarding all referrals made pursuant to the Money Fomo Referral Program.

B. For employer partnership referrals. All communication regarding the  amount of referral fees/credits and the schedule of payments/credits shall come from the Money Fomo Employer Referral Program team. Any questions or concerns regarding these terms and the referral program should be addressed to the Money Fomo Employer Referral program team at [email protected] While you may receive unofficial contact from other Money Fomo departments regarding your referral, please be advised that any such communication shall be considered advisory only, any information provided to you by such other team may not be correct or valid, and no determinations, especially regarding validity of a referral, made by such other team may be considered binding. The Money Fomo Referral Program team shall be responsible for the final determinations regarding all referrals made pursuant to the Money Fomo Employer Partnership Referral Program.

5. Miscellaneous

Money Fomo reserves the right in its sole discretion to make any determination under these rules, including, without limitation, the determination of your eligibility, a Qualified Referral or Qualified Employer Referral and the amount and payment of fees/credits. If Money Fomo determines, in its sole discretion, that you have violated these terms, you will not be eligible for any fees/credits and Money Fomo reserves the right to disqualify you from eligibility.

Money Fomo reserves the right to change these terms, including the size of all referral fees. 

Nothing in these terms grants you or any other party any right, title or license to use any of Money Fomo’s trademarks or other intellectual property rights. 
By submitting referrals or employer referrals, or by participating as an Affiliate, you will not be deemed to be an employee of Money Fomo.

You will not  act as an agent of Money Fomo nor are you entitled to make any commitments on behalf of Money Fomo. 

Money Fomo reserves the right to amend these rules, including the amount that Referrers and Affiliates are eligible to earn, at any time without prior notice.

You are responsible for the tax consequences, if any, that may result from your participation in Powered by Nation, the Money Fomo Referral Program, the Money Fomo Employer Partnership Referral Program, or the Affiliate Program.

For referral fee purposes, a couple (two people that will be sharing one room while on Money Fomo) count as one referral, not two separate referrals.

6. Disputes

Agreement to Arbitrate: You agree that any claim or dispute in any way arising out of or connected with these terms, with the sole exception of claims brought and litigated in small claims court, shall be referred to and resolved exclusively by binding arbitration to be administered in the English language, in accordance with the Streamlined Arbitration Rules and Procedures of Judicial Arbitration and Mediation Services, Inc. (“JAMS”) then in effect, by one commercial arbitrator who shall be selected from the appropriate list of JAMS arbitrators in accordance with such Rules. Judgment upon the award rendered by such arbitrator may be entered in any court of competent jurisdiction.

Class Action Waiver. Any proceedings to resolve or litigate any dispute under the foregoing will be conducted solely on an individual basis. Neither you nor we will seek to have any such dispute heard as a class action or in any other proceeding in which either party acts or proposes to act in a representative capacity.

Questions? Reach out to us at [email protected].