These terms were last updated on January 15, 2025. Please review them carefully before using our services.
Welcome to Worms for Gold ("we," "our," or "us"). These Terms of Service ("Terms") govern your use of our website, services, and any related applications (collectively, the "Service"). By accessing or using our Service, you agree to be bound by these Terms and our Privacy Policy.
Worms for Gold provides sustainable waste management solutions through vermicomposting technology. Our services include:
• Business partnerships are subject to separate service agreements
• Services include waste collection, processing, and revenue sharing
• Performance metrics and targets are outlined in individual contracts
• Business partners receive 50% of revenue from products created from their waste
• Revenue sharing begins after operational targets are met
• Payouts are processed monthly through secure payment systems
• Businesses must provide adequate space for composting operations
• Regular waste collection schedules must be maintained
• Compliance with local waste management regulations is required
• Investment period: 5 years from date of investment
• Revenue share: 20% of location revenue for full 5-year period
• All investments are final and non-refundable
• Payouts processed through Stripe Connect
• Must be 18 years or older and legally competent
• Must provide valid government-issued identification
• Must have verified Stripe account
• Must pass company compliance checks
• Residential services are currently in development
• Waitlist registration available for priority access
• Service areas will be announced as they become available
• Limited to first 55 Founding Members
• 60% revenue share in Year 1, transitioning to 50% thereafter
• Monthly earnings of $66-138 starting Month 4
• You must provide accurate and complete information
• You are responsible for maintaining account security
• You must notify us immediately of any unauthorized use
• You are responsible for all activities under your account
• You must comply with all applicable laws and regulations
• You may not transfer your account to another person
• All payments processed through Stripe
• Investment payouts processed through Stripe Connect
• Service fees are billed according to service agreements
• Investment amounts are non-refundable after approval
• Service fees are non-refundable unless otherwise specified
• Rejected investments will be refunded within 5 business days
• We collect information necessary to provide our services
• Financial information is processed securely through Stripe
• We do not sell your personal information to third parties
• We implement industry-standard security measures
• Your data is protected during transmission and storage
• We regularly review and update our security practices
• All content on our website is owned by Worms for Gold
• Our vermicomposting technology and processes are proprietary
• You may not copy, modify, or distribute our content without permission
• You retain ownership of content you submit to us
• You grant us license to use your content for service provision
• You may use our services for their intended purpose
You agree not to:
• All disputes must be resolved through binding arbitration
• Arbitration will be conducted in Kirkland, Washington
• You waive any right to jury trial or class action
• These terms are governed by Washington State law
• Jurisdiction: Kirkland, Washington
• We may modify these terms at any time
• Changes will be effective immediately upon posting
• Continued use constitutes acceptance of modified terms
• We will notify users of significant changes
• Users should regularly review these terms
This referral program is a limited-time introductory offer as we expand our services. The $500 food service bonus applies to the first 16 restaurants at each location.
FTC Disclosure Requirement: This referral program involves financial incentives. Participants receive compensation for successful referrals, which creates a material connection between the referrer and Worms for Gold.
Participants must disclose this material connection when making referrals, including that they may receive compensation if the referred party becomes a customer. This disclosure must be clear, conspicuous, and made before or at the time of the referral.
This is NOT a Multi-Level Marketing (MLM) or Pyramid Scheme.This referral program is a simple referral incentive program where participants earn commissions only on direct referrals they make. There are no downlines, no recruitment requirements, and no obligation to purchase products or services.
IMPORTANT: Participants may refer multiple different retail partners (garden centers, nurseries, landscape companies). Each unique partner location can generate commission earnings for the referrer.
However, if multiple participants refer the same partner location: Only the first referralthat qualifies (by time of signup/activation) will be credited. The first referrer whose referral code is associated with that partner location when they complete signup and activate service or place their first qualifying order will receive all commissions and bonuses for that partner.
No Exclusivity Guarantee: Making a referral does not guarantee that Worms for Gold was not already pursuing that company through its own sales and marketing efforts. Worms for Gold may be working with companies independently and concurrently, regardless of referral submissions. The referral program is designed to supplement, not replace, our direct sales efforts.
All subsequent referrals to the same partner location will not count, even if they qualify. This prevents duplicate referral credits for the same business location.
Retail Partners (Nurseries, Garden Centers, Landscape Companies):
Example Commission Calculations:
IMPORTANT: Participation in this referral program does NOT guarantee any specific amount of earnings, bonuses, or commissions.All earnings, bonuses, and commissions are subject to actual partner performance, order volume, net profit margins, and various market conditions. There is no guarantee that you will earn any money from this program.
No warranties or guarantees are made regarding the amount, frequency, or continuation of any referral earnings. Past performance or estimated earnings do not guarantee future results.
This referral program is part of our special introductory expansion campaign. We may modify or discontinue this program as we meet our target partner goals in each market. The program may be stopped at any timeonce we have determined we have reached our expansion targets for a given area.
Missed the program? Stay tuned—we may restart the referral program during our next expansion window as we enter new markets or expand to additional locations.
Referrals are tracked and attributed through our automated referral code system. The following methods ensure proper attribution:
yoursite.com/retail-partners?ref=ABC12345)All referral bonuses and commissions are considered taxable income. Participants are responsible for reporting all referral income on their tax returns. If you receive $600 or more in referral bonuses in a calendar year, we will issue an IRS Form 1099-MISC. Please consult with a tax professional regarding your specific tax obligations.
For questions about these terms or our services, please contact us:
• General Inquiries: info@wormsforgold.com
• Investment Questions: investments@wormsforgold.com