Magic Coins (MCN) are closed-loop digital platform units / internal accounting units for use within Alpha Brands services.
Standard reference: 1 MCN = €0.01. Recommended UI: “1,000 MCN — reference value for platform transactions: €10.00.”
Under the current architecture MCN are not intended as legal tender, cryptocurrency, security, investment, bank deposit or interest-bearing product.
No unrestricted peer-to-peer transfer, external wallet, external exchange/trading or general consumer cash redemption is provided under the current model.
Money → purchase MCN → MCN Balance → eligible platform activity.
Eligible activity → revenue-share calculation → separate fiat Creator Balance → Withdrawal Request → fiat Payout.
The creator does not receive the payer’s MCN units. Example: 500 MCN has a €5 reference; under an 85/15 split, Creator fiat revenue is €4.25 and Platform Share €0.75.
Purchased MCN should not be casually or arbitrarily expired. Promotional/free MCN may have disclosed restrictions or expiry.
Purchased MCN transactions may be corrected for technical error, unauthorized or duplicate transactions and mandatory consumer-law remedies.
Purchased unused MCN must be addressed fairly on account closure and should not be automatically forfeited without legal analysis.
Introducing unrestricted P2P, external wallets, exchange, general cash redemption, floating pricing, yield or credit would require new financial-regulatory, payment, tax and consumer review.
MCN or Applause alone does not authorize Private Content access; recipient authorization remains separately required.