Legal

Marketplace Terms

Buying, selling, reselling and gifting player-owned items, in closed-loop Volts.

Party
C12 AI Gaming
Version
0.3
Effective
2026-09-08

1. What this governs

These Terms govern the IRONICS marketplace, where items made by creators are listed, bought, sold, resold and gifted between players. They apply in addition to the Terms of Service and the Virtual Currency Terms. The marketplace opens progressively; where a part of it is not yet enabled you can list and browse, but a sale settles only when that part is live.

2. What transfers when an item changes hands

Items are licensed for use within IRONICS, not property with cash value outside it. When an item is sold, resold or gifted, what passes to the new holder is that licence to use the item inside IRONICS, on the same basis the seller held it. Nothing outside the game passes, and no real-money right is created.

A sale is paid in closed-loop Volts. When it settles, the item moves to the buyer and the Volts move to the seller in a single transaction; if either half cannot complete, neither does, and the listing stays as it was.

3. Fees and the creator royalty

C12 AI Gaming retains a disclosed house fee on a sale, shown before you commit. Where resale is enabled, the original creator of the item also earns a perpetual royalty in closed-loop Volts on a resale, alongside the first-sale share they earned when the item was first sold. The seller receives the price less the house fee and any creator royalty. All of it is closed-loop and non-cashable.

A gift moves an item to another player for no price; no fee or royalty is charged on a gift.

4. Reversals, and infringing items

Because settlement is atomic and in closed-loop currency, a completed sale is final. Where we reverse a transaction for fraud, error or a breach, we do so inside the closed-loop economy. An item later found to infringe or to break the Community Guidelines is removed, and anyone who acquired it is made whole in currency or items — never a real-money clawback.

5. Who can trade, and anti-abuse

You must meet the age requirement in the Terms of Service to trade, with a parent or guardian where required — including buying Volts under 18 (see the Virtual Currency Terms) and creator status under 18. Trading to manipulate the market — wash trading, self-dealing across accounts you control, or circular transfers to farm fees or royalties — is prohibited, and we may withhold fees and royalties on, reverse, or refuse to settle activity our safeguards flag, and act on the account under the Community Guidelines.

6. Changes and law

We may change these Terms; a material change publishes a new version and, where it affects you, asks you to accept it. These Terms are governed by the law of, and disputes are heard in, the home jurisdiction of C12 AI Gaming, without affecting mandatory rights your local law gives you.