PowerPay Program Terms and Conditions

Last Updated: April 11, 2025

Welcome to the PowerPay Program (“Program”), operated by PowerPay, a division of Set Power Free. (“PowerPay,” “we,” “us,” or “our”). These Terms and Conditions (“Terms”) govern your participation in the Program, including the purchase and use of PowerPay Non-Fungible Tokens (“NFTs”) and GREEN Tokens to pay power bills and receive potential discounts. By participating in the Program, you agree to be bound by these Terms, our Privacy Policy, and any additional terms referenced herein. If you do not agree, do not participate in the Program.

1. Overview of the PowerPay Program

The PowerPay Program allows eligible users to purchase PowerPay NFTs, which provide access to potential discounts on monthly power bills (up to $250 USD per month), credited in GREEN Tokens, a crypto token mined on the Green Blockchain. The Program is a work in progress and may not function as intended. Participation involves financial risks, including the potential loss of your purchase, and savings are not guaranteed.

2. Eligibility

To participate in the Program, you must:

  • Be at least 18 years old or the age of majority in your jurisdiction.

  • Reside in a region where the Program is available.

  • Have a valid power bill from a participating utility provider (see Section 5).

  • Comply with all applicable laws, including U.S. securities, commodity, and consumer protection regulations.

  • Not be a resident of a jurisdiction where cryptocurrency or NFT transactions are prohibited.

PowerPay reserves the right to verify eligibility and disqualify participants who do not meet these criteria.

3. PowerPay NFTs and GREEN Tokens

3.1 PowerPay NFTs

  • Description: PowerPay offers four NFT tiers, providing potential discounts of 10%, 25%, 50%, or 100% on monthly power bills (up to $250 USD), credited in GREEN Tokens. Each NFT includes a 2-year renewable subscription.

  • Purchase: NFTs are purchased with ETH, USDT, USDC or GREEN Tokens. For example, the Full PowerPay Discount NFT (100%) costs $1,000 USD, plus an initial $250 USD in GREEN Tokens for bill payments (total: $1,250 USD).

  • Limited Availability: NFTs are limited (e.g., 1,000 for the 100% tier, 5,000 for the 50% tier). Availability is first-come, first-served.

  • Renewal: After 2 years, a renewal fee (to be determined) is required to continue receiving discounts. Failure to renew terminates discount eligibility.

  • Non-Transferable: Once activated, NFTs are non-transferable and tied to your PowerPay account.

3.2 GREEN Tokens

  • Description: GREEN Tokens are crypto tokens mined on the Green Blockchain, used to pay power bills and receive discount credits in the Program.

  • Purchase: Tokens are purchased through peer-to-peer marketplaces or authorized exchanges (if available). Prices are subject to market fluctuations.

  • Risks: GREEN Tokens are volatile, and their USD value may fluctuate significantly. There is no guarantee of liquidity, acceptance by providers, or future value.

3.3 Regulatory Status

  • Securities: PowerPay NFTs and GREEN Tokens may be considered securities under U.S. law (e.g., the Howey Test). PowerPay is evaluating compliance with SEC regulations and may limit participation to accredited investors or register offerings as required.

  • Commodities: GREEN Tokens may be classified as commodities under the Commodity Exchange Act. PowerPay complies with applicable CFTC regulations, including anti-fraud provisions.

  • Legal Compliance: You are responsible for ensuring your participation complies with local laws. Consult a legal professional before participating.

4. How the Program Works

  1. Choose a Tier: Select a PowerPay NFT (10%, 25%, 50%, or 100% discount tier).

  1. Purchase NFT and Tokens: Pay the NFT purchase price and acquire sufficient GREEN Tokens for bill payments.

  1. Pay Power Bills: Submit your power bill through the PowerPay platform and pay using GREEN Tokens.

  1. Receive Discounts: If approved, discounts are credited in GREEN Tokens, up to $250 USD per month, based on your NFT tier and bill amount.

  1. Renew Subscription: Renew your NFT subscription every 2 years to maintain discounts.

Important: Discounts are not guaranteed and depend on utility provider participation, GREEN Token value, and Program functionality. Actual savings may be lower or none.

5. Utility Provider Participation

  • PowerPay does not guarantee provider acceptance of GREEN Tokens or discount application. If your provider does not participate, you may not receive discounts, and no refunds will be issued for NFTs or tokens.

  • You are responsible for verifying provider eligibility before purchasing an NFT. Please submit your inquiry by submitting a customer service ticket at the following URL https://support.setpowerfree.com/

6. Costs and Fees

  • Initial Costs: Include the NFT purchase price (e.g., $1,000 for the 100% tier) and initial GREEN Token purchase (e.g., $250).

  • Ongoing Costs: Additional GREEN Tokens may be required for bill payments if discounts are credited in tokens. Renewal fees apply after 2 years (amount TBD).

  • No Hidden Fees: PowerPay does not currently charge platform fees, but third-party transaction fees (e.g., blockchain gas fees, exchange fees) may apply.

  • Transparency: All costs are disclosed at the time of purchase. Review costs carefully before participating.

7. Risks and Disclosures

  • Financial Risk: You may lose your entire purchase price (e.g., $1,250 for the 100% NFT) if the Program fails, providers do not participate, or GREEN Tokens lose value.

  • Market Risk: GREEN Token values are volatile and may decrease, reducing the USD value of discounts. There is no guarantee of token liquidity or exchange availability.

  • Operational Risk: The Program is a work in progress and may not function as intended due to technical issues, provider integration challenges, or other factors.

  • Regulatory Risk: Changes in U.S. or international laws may restrict or prohibit Program participation, NFT ownership, or token use.

  • Savings Risk: Savings are not guaranteed. Actual savings may be lower or none, depending on provider participation, bill amounts, and token value.

  • Environmental Claims: While the Green Blockchain aims to support renewable energy, specific environmental benefits are not guaranteed and are subject to ongoing development.

8. Refunds and Cancellations

  • NFT Purchases: NFT purchases are non-refundable, except as required by law. If a provider does not participate, no refunds will be issued.

  • GREEN Tokens: Token purchases are non-refundable, subject to exchange policies (if applicable).

  • Cancellations: You may cancel your Program participation at any time by contacting [https://support.setpowerfree.com/]. Cancellation does not entitle you to a refund.

9. Intellectual Property

  • PowerPay NFTs, GREEN Tokens, the Green Blockchain, and all Program-related content (e.g., logos, website, PDFs) are owned by PowerPay or its licensors and protected by intellectual property laws.

  • You are granted a limited, non-exclusive license to use the NFT and tokens for Program participation. You may not copy, modify, distribute, or resell any Program assets.

10. Privacy

Your personal information is collected, used, and protected in accordance with our Privacy Policy. By participating, you consent to the collection and use of your data, including power bill details, for Program administration.

11. Limitation of Liability

To the fullest extent permitted by law:

  • PowerPay is not liable for any direct, indirect, incidental, or consequential damages arising from your participation in the Program, including losses due to Program failure, token value fluctuations, or provider non-participation.

  • The Program is provided “as is,” with no warranties of merchantability, fitness for a particular purpose, or uninterrupted operation.

  • PowerPay’s total liability shall not exceed the amount you paid for your NFT (e.g., $1,000 for the 100% tier).

12. Indemnification

You agree to indemnify and hold PowerPay, its affiliates, officers, and employees harmless from any claims, losses, or damages arising from your participation in the Program, violation of these Terms, or non-compliance with applicable laws.

13. Governing Law and Dispute Resolution

  • Governing Law: These Terms are governed by the laws of the State of Delaware, USA, without regard to conflict of law principles.

  • Dispute Resolution: Any disputes arising from these Terms or the Program shall be resolved through binding arbitration in the State of Wyoming (federal or state), USA, under the rules of the American Arbitration Association. You waive the right to participate in class actions.

  • Jurisdiction: If arbitration is not applicable, disputes shall be resolved in state or federal courts in Wyoming, USA.

14. Regulatory Compliance

  • PowerPay complies with applicable SEC, FTC, and CFTC regulations. NFTs and GREEN Tokens may be subject to securities or commodity laws, and participation may be restricted to eligible users (e.g., accredited investors).

  • PowerPay is a work in progress, and statements in promotional materials (e.g., savings estimates) are aspirational and not guarantees. Actual results may differ.

  • For inquiries about API integration (if applicable), visit and submit your inquiry by customer service ticket at the following URL: https://support.setpowerfree.com/

15. Termination

  • PowerPay may terminate your participation at any time for violation of these Terms, non-compliance with laws, or Program discontinuation.

  • Upon termination, your NFT subscription and discount eligibility will cease, and no refunds will be issued.

16. Amendments

PowerPay may update these Terms at any time by posting the revised version at [website link]. Continued participation after updates constitutes acceptance of the new Terms.

17. Contact Information

For questions, support, or complaints, contact:

18. Miscellaneous

  • Entire Agreement: These Terms, the Privacy Policy, and any referenced documents constitute the entire agreement between you and PowerPay.

  • Severability: If any provision is found invalid, the remaining provisions remain enforceable.

  • No Waiver: PowerPay’s failure to enforce any provision does not waive its rights.

  • Assignment: You may not assign your rights or obligations under these Terms. PowerPay may assign its rights at its discretion.

Acknowledgment

By participating in the PowerPay Program, you acknowledge that you have read, understood, and agree to these Terms and Conditions. You assume all risks associated with participation, including financial, market, and operational risks, and confirm that your participation complies with applicable laws.

Copyright 2025 PowerPay. All rights reserved.

PowerPay as described herein remains a work in progress and it may never operate as currently intended. The statements contained herein are aspirational and should not be relied upon, including but not limited to statements relating to GREEN token liquidity.

Content featured throughout this website may contain forward-looking statements that involve substantial risks and uncertainties.

Forward-looking statements discuss plans, strategies, prospects, and expectations concerning the business, operations, markets, risks, and other similar matters. There may be events in the future that we cannot accurately predict or control. Any forward-looking statement contained herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We do not plan to update or revise publicly any forward-looking statements except as required by law.

The views expressed in this material do not necessarily reflect those of the PowerPay. The information provided is solely for educational purposes and should not be considered as financial advice. We strongly encourage individuals to conduct their own research and exercise independent judgment before making any financial decisions. PowerPay holds no responsibility for any actions taken based on the information provided.