Hello Elamant NATION!
Are you ready? This weeks’ newsletter is FULL of all the latest updates and important information that you won’t want to miss! OUR technology development team has been working around the clock to ensure we provide the BEST overall membership benefits product to all our customers around the world! We are constantly adding software upgrades, system enhancements, and more value to your membership benefits every single week. We have a LOT to cover so please take the time to read each update in full. I am just so excited to share these updates with you all… so let’s not delay any longer and get right to it!
Ryan Evans / Elamant CEO
We have an ENORMOUS amount of updates, system enhancements, and now, Product Launches to cover. I’m going to go through each one of our updates and product enhancements in detail in this section.
Elamant Member/Customer KYC Action Capabilities – We want to continuously be able to offer our members and consultants more flexible options to receive their rewards, benefits, and compensation, so this is why we must do the best job in qualifying our members with proper KYC methods. Elamant International has established a professional Anti-Money Laundering / Know Your Customer policy in accordance with international banking laws. As such, we are providing a guideline for all Elamant Members and Customers to understand the actionable
capabilities within the Elamant KYC framework. Our KYC process has been implemented and can be found under the My Account section of the dashboard.
Level 1 (Onboarding and Enrollment) Requirements:
- Agree to Terms and Conditions and Policies and Procedures
- Provide a verifiable email address and/or phone number
- Elamant Membership
- Use of Elamant Pass and Token system
Level 2 (Active Membership) Requirements:
- Everything in Level 1
- Internal KYC forms are completed
- At least 1 verifiable form of ID/proof of residence
- Everything in Level 1
- BTC Withdrawals
Level 3 (Active Membership + Paycard) Requirements:
- Everything in Level 1 and 2
- Payment for Paycard
- Bank KYC forms are completed
- Verifiable ID/proof of residence in accordance with bank KYC rules
- Everything in Level 1 and 2
- Elamant Paycard
Forgot Password – We have now found the bug and fixed the functionality for members to reset their passwords using the email account registered with us to verify themselves.
- All new passwords must be at least 8 characters or longer.
- Elamant staff will NEVER ask you for your password – DO NOT give it to anyone.
Mobile App – We are happy to OFFICIALLY Announce we have just submitted our Elamant Mobile APP to the Google Play store for approval so all our members worldwide can download. This approval process is currently pending but you can expect to see it live on the Google Play Store within the next few days and on the Apple App Store soon after that.
Travel Portal – The Development of the Travel Portal has taken much longer than expected but it is nearing completion. We are in the final stages of testing, styling, and gearing up to provide an amazing user experience! We have received some positive feedback already, and are excited to be launching this by Friday, October 16th at 12pm noon South African Standard time OR sooner!
To see our current progress, head over to the Elamant Travel Portal
Elamant U – Our NEWEST additional membership benefit will allow ‘monetized’ members to have exclusive access to the #1 Soft Skills training center in the world! This benefit and value alone supersedes the cost of an Elamant membership and will continuously bring value to our members each and every day! This GREAT new benefit will launch on Monday, October 19th, 2020.
The Monetization Badge
By now you have probably seen some members of your team or other consultants in your network with the GREEN Monetization Badge. This is proof of direct payment to the company in part of our efforts to provide more benefits and additional payout options for our members and consultants.
What are the benefits of having a “Monetization badge?”
- Elamant U – Exclusive soft skills training and certification courses designed to ‘Create a Better U’
- Premium Travel Portal – This provides an EXTRA level of benefit to include our “Best Price Guarantee” and “Travel Points” to earn Free or discounted trips!
- More flexible payout options such as Elamant Paycard and Bitcoin (BTC) methods
- 3-Day Money Back Guarantee. Cancel for ANY reason within your first 72 hours of initial enrollment and you will receive 100% of your money back.
- PLUS ALL other features and benefits of our Elamant Membership program such as the Data Rewards, Elamant Token software, Mobile App, E-Commerce Merchant discounts, and Consultant Program.
A “Monetized” consultant with an e-wallet balance, will see the amount of the e-wallet “Monetized” for withdrawals. The “Monetization Score” informs the Elamant Consultant the current progress of total “Monetization” in their team counted towards their current service level. For example, if the “Monetization Score” is 50%, then that means, 50% of your e-wallet will be “Monetized” and ready for withdrawal in BTC or, in the near future, to the Official Elamant Paycard.
Go GREEN Promotion!
The GOAL of this promotion is to bring back members that no longer have an active membership with us and to provide an opportunity for our current ‘Active’ members and consultants to get “Monetized.” We are very happy to offer this AMAZING promotion for a LIMITED TIME ONLY!
Start Date: October 15th, 2020 03:00am PST (12pm SAST)
End Date: October 31st, 2020 11:59pm PST (8:59am SAST Nov. 1st)
Any expired member who renews using a Token, or any direct payment to the company, will have a new membership start date and be given 28 days + 1 bonus week for a total of 35 days! This member or consultant will receive a “Monetized” badge.
A New Monetization Cycle
If you are already “active” and you “Go Green”, you will receive a new membership start date and be given 28 days + 1 bonus week for a total of 35 days and receive a “Monetized” badge.
Congratulations! If you are already monetized and wish to extend your membership by using a Token, or a direct payment to the company, you will receive an additional week of monetized membership for free!
We want ALL members to be eligible to benefit from the “Go Green Promotion” so we have come up with a solution that will allow ALL members company-wide to take part. We understand some members have already extended their membership up several months using the R-Pass method which doesn’t allow for “Monetization.” If these members wanted to “Go Green” to make withdrawals from the system in BTC, for example, they would have to wait until their next available renewal cycle to “Monetize” their membership …and for some that would be several months away.
The SOLUTION: Elamant will be converting ALL membership extensions outside of the ‘current’ membership cycle, back into a Renewal Pass (R-Pass). This will solve the issue of members wanting to monetize without waiting until their next renewal date and still allow the members that want to use their R-pass for renewal instead to have the flexibility to do so. If a member has only a few days left of the current cycle, the system will automatically renew the membership at the time of renewal if they have an R-Pass in their R-Pass wallet.
This solution will go LIVE on October 16th, 2020 at 00:00am Pacific Standard Time (PST)
We are always striving to find solutions to any challenge that our customers or consultants may face. This is just 1 more way that helps us Be Unstoppable!
The BTC Withdrawal Option is Here!
Due to the current Monetization method that we launched last month that has allowed our customers and consultants to pay the company for their membership subscription directly, we are NOW happy to announce our NEWEST withdrawal method …Bitcoin! As mentioned previously in this newsletter, our Monetized members NOW have a Monetization Score on their Dashboard, informing them how much eWallet balance they will be able to withdraw to their personal Bitcoin accounts. We will allow ALL “Monetized” members to issue an ewallet withdrawal every week! This BTC withdrawal method will be LIVE Friday Morning at 9am South Africa Time! Details below:
NOTE: Please make sure that the Bitcoin Address on the Profile page is accurate before attempting a withdrawal.
If you are not familiar with Bitcoin, PLEASE educate yourself on the blockchain and how it works before attempting to withdraw. Submitting an incorrect BTC address may result in the funds no longer being recovered once the transaction is completed. Receiving Bitcoin usually takes 30 minutes, however, it can take up to a couple of hours or longer. An incoming transaction needs to receive 3 Bitcoin network confirmations to appear in some bitcoin wallets. Most Bitcoin wallets do not offer an exchange to a bank or cash exchange. If you do NOT understand Bitcoin or are unfamiliar with it, we would recommend that you do not use this method of withdrawal until you are comfortable.
Withdrawal Terms and details:
To be eligible for Bitcoin withdrawals, ALL members and consultants must have completed the KYC Customer Identity Information form in their back office.
- The “Monetized” E-wallet account holder may request to withdraw funds into their personal Bitcoin (BTC) wallet at any time from Sunday 00:00am Pacific Standard Time (PST) to Saturday at 11:59pm Pacific Standard Time (PST)
- The Bitcoin withdrawal request will be processed by 11:59pm Pacific Standard Time (PST) that following Monday.
- All BTC withdrawal requests must be made by Saturday 11:59pm Pacific Standard Time (PST) to be eligible to pay the following week
- The service and processing fee of $10.00 and an additional 3% transaction fee applies for each withdrawal.
- A Bitcoin withdrawal request may be canceled before Saturday at 11:59pm Pacific Standard Time (PST) and the funds will be put back in the e-wallet minus the $10 service and processing fee
- To verify the Bitcoin address the very first payout will be limited to $100 to validate the BTC address. Once verified, the BTC address may not be changed. A member may add another BTC address at any time (up to a maximum of 5) but each address will be limited to $100 to validate the BTC address on the 1st withdrawal. To remove the ‘lock’, a member must contact email@example.com.
The minimum withdrawal amount for BTC withdrawal is $100.00 and in increments of $100.00. Example: If you have $650.00 in your E-Wallet, you may withdraw $600.00.
Additional Terms & Conditions for Bitcoin Withdrawals
All values are in USD. The maximum withdrawal amount per month for BTC transfers depends on the qualified service level of the Consultant. The withdrawal option is only eligible for e-wallet only at this time.
Member and Founder – Max: $400 per month (or $100 per week)
Consultant through Executive Consultant – Max: $1,200 per month (or $300 per week)
Manager through Executive Manager – Max: $5,200 per month (or $1,300 per week)
Director through Executive Director – Max: $10,000 per month (or $2.500 per week
Wood through Water Executive – Max: $25,200 per month ($6,300 per week)
Elamant Executive – Max: $100,000 per month ($25,000 per week)