FAQ

How do I get my first Twollars?

If you are already signed up on Twitter you automatically have 50 Twollars. We give them to each Twitter account. The easiest way to see your Twollars balance is by going to http://twollars.com/your_twitter_username

Do I have to sign up with Twollars?

No, you do not need to create a separate account or sign up with Twollars. If you use twitter, you automatically have a twollars account.

What are Twollars for? What’s the point of Twollars?

Twollars are designed to reward positive actions. You can earn Twollars when you help someone, pass on useful information, share a tip, or just write an inspiring Tweet. Do something of value for someone and receive a token of their appreciation – in Twollars.

In addition to rewarding other people, you can give Twollars to charities on Twitter. Donate your Twollars to a good cause like this: @vitaminangels 10 Twollars for all their great work in Africa.

How do I give or send Twollars to other people?

Just write a simple tweet e.g.

  • @vitaminangels 5 Twollars because they are a fantastic cause
  • @eisokant 2 Twollars to thank you for that hotel recommendation

Or go to your personal page where we help you write you first Twollars tweet:

http://twollars.com/your_twitter_username

How many Twollars should I give for a great Tweet?

It is entirely up to you. You could give 1 or 2 Twollars for a nice tweet, 4-5 Twollars for a useful recommendation and perhaps 10 Twollars if someone really went out of their way to help you.

Where can I check my Twollar account?

Go to the Twollars homepage and fill out your Twitter username or go directly to http://twollars.com/your_twitter_username

How can I get more Twollars?

There are several ways you can get more Twollars:

  • Write good tweets, and pass on useful tips. Engage with and help others on Twitter. Be generous. Give lots of Twollars away yourself, and others may send you Twollars in return.
  • Go to one of the sites that rewards its users and visitors by giving away Twollars. We have just launched this service, so there aren’t many sites in the Twollars programme yet but over time we expect many to join. Be sure to check back with us soon.
  • You can also purchase Twollars directly from a charity. The exchange rate is at $1 for 10 Twollars.

I want to buy Twollars and donate them. But, what is your transaction cost?

We do not take any money that you donate to a charity. We neither charge a charity, nor an individual user for any transaction.

What happens to Twollars after they are given to a charity? Do they go back into circulation?

Once the charity has created an account with us, they can sell their Twollars to businesses and people who support their cause and want more Twollars. So, Twollars are designed go back into circulation.

Who is an active Twollar user?

An active Twollars user is someone who uses Twollars for the good of community and actively gives them to people and charities.

What are the Twollar rankings?

The Twollars rankings indicate how many Twollars you have given away to others. We wanted to capture and display your ‘generosity quotient’, not simply the total number of Twollars in your account. Generosity and giving is the core principle of Twollars.

Why can’t I just donate real money myself? What added value do Twollars bring?

You can, and we support any means by which charities raise funds. The difference is that when you donate Twollars, the money goes around in a virtuous circle and adds up. An individual or company buys the Twollars from charities, and gives them away to individuals, returning them back into circulation. The Twollars thus continue to capture the positive social energy on Twitter.

A great way to support a charity financially is to buy their Twollars. 100% of the proceeds go directly to the Paypal accounts of charities. We do not charge a transaction fee.

So what benefit do busineses and corporations get when they buy Twollars?

Businesses and corporations get the benefit of supporting a good cause. However it doesn’t stop there. Once they buy Twollars from charities, businesses can give them away to clients, customers, employees, website visitors etc… They are now able to directly offer their thanks and appreciation to people.

Twollars are designed to help charities?

When you donate your Twollars to a charity, their Twollars balance builds up. People and businesses are able to buy those Twollars from the charity at an exchange rate of $1 for 10tw.

How do charities benefit from Twollars?

Charities benefit on several levels. They raise awareness of their cause on Twitter via tweets. This creates incentive for other people to start tweeting Twollars as well as gaining an understanding of what the charity does. Individuals can show their support to a charity by tweeting them Twollars.

The second benefit is that they can now mount a campaign and call people to action via Twitter. It doesn’t require them to pledge time or money (but it’s great if they do!). They just have to tweet Twollars.

Once a charity registers with Twollars they are then able to customize their page and add their Paypal details, so people can buy their Twollars directly from their Twollars account.