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(*) YAGG is not a casino, nor does it pretend to be. There is no fixed random variable, nor any game of chance. Please refer to the Terms and Conditions for any questions regarding the nature of YAGG.

FAQ:

Most questions are not unique. For those wanting quick answers, please check below before contacting the YAGG staff.


Q: What do you mean when you say that the interest payments are from ten to twenty percent?
A: YAGG guarantees that you will receive a minimum of 10% interest. When things are going strong and growth is desirable, there might be a few month span in which that interest grows beyond 10%. This stimulates said growth and allows YAGG to expand its borders slightly. The change in interest rates should not be looked upon as required, nor a sign of ill omens. It is merely a way to show that YAGG is capable of expansion. Do not expect the "bonus" to be anything more than that -- a bonus. You will never see the interest rate drop below 10%.

Q: Why do you keep referring to program failure?
A: Failure is an important part of internet gold games. No matter how large or how well thought out a program is, anything can and will fail eventually. West Side Holdings is the perfect example of a company that ran for two years straight without a single hitch. Such is not the case anymore. YAGG sets no false pretenses -- it _will_ fail like the rest of the programs out there. Where it is different is in the ability to "cash out" when that time finally arrives. Your interest payments will of course stop, but YAGG will not disappear with your money. You will receive your capital in tact while YAGG quietly closes its doors in an attempt to rebuild.

Every decision made keeps that in mind. YAGG will not invest in any opportunity if doing so would create a run on the available funds. It is similar to the laws regarding casinos (*) in that every casino must have cash on hand to repay every last chip in circulation on the floor. We will do the same.


Q: When do I receive my first payment?
A: If you spend your gold prior to 23:59GMT on the 12th of any month, you will receive your interest payment on or about the 15th of that month. If you spend your gold after that time, you will receive your interest payment on or about the 15th of the following month.

Q: When do I receive my capital?
A: You will receive your capital along with your 6th and final interest payment.

Q: Why such restrictions on the unit availability?
A: That is the only way to guarantee that there are funds available to insure your capital against a total system failure. As the program grows, more units will become available; they will, however, never leave the scope nor the abilities of the program itself. That is the self-imposed leash to maintain a successful program.

Q: Why such restrictions on the minimum and maximum spends?
A: That is the primary way to control user growth. The available units limits the growth of the program itself, but the spending restrictions create a more diverse user base. Just as you yourself do not (or at least should not) invest all of your money in any one program, so too must a program not draw all of its funds from a single user.

Q: What is the source of the interest payments made every month?
A: The money spreads across a variety of investment options, including but not limited to offline investments (12+ months), FOREX trading, short term investments (6 months), private investments, et al. The interest payments come solely from the interest payments. Read that again.

Q: What do you mean when you say "The interest payments come solely from the interest payments?"
A: YAGG will never use other spends to pay interest. This is the downfall of every program. If and when the time comes that YAGG cannot make the appropriate payments, you will receive your capital returned to you and the program will shut down for restructuring. This is not something that will occur anytime soon, however, as currently funds are already available to cover every outstanding spend complete with its interest payments.

Q: Why are there no referral payments?
A: YAGG is in no need of a huge user base. That, combined with the facts that A) people often refer themselves, and B) referral programs do nothing to help programs such as this, yields one to pose the question, "Why would you have a referral program in the first place?"

Q: Why would you have a referral program in the first place?
A: Referral programs are mainly used by scams to gain a fast influx of cash before running away. If you analyze the situation, you will find that the only purpose is to encourage mass user bases -- a clear sign that payments originate from other users' spends.

Q: Can I withdraw my capital early?
A: No. Your capital is committed for a six month period, at which time it is returned.

Q: Please?
A: Knowing that in life, there are always exceptions, YAGG will always try to accommodate its user base. If you have a special need, you can send an email to yetanothergoldgame@yahoo.com requesting an early withdrawl. You must have a valid reason, and no guarantees will be made. Appropriate fees may apply.

 
copyright 2002 Yet Another Gold Game.