Monthly Draw Terms & Conditions

Effective May 18, 2026. Updated periodically.

1. The Monthly Draw — at a glance

Simsy Ventures LLC (“Simsy AI” or “we”) operates two monthly draws as a marketing initiative:

2. Eligibility

3. How to enter

Automatic entry — any successful Stripe payment for the $49 Tier 1 (AI Certified Founder Potential) or $149 Tier 2 (AI Certified Innovator) credential within a calendar month enters you in the corresponding draw for that month.

Free entry (no purchase necessary) — you may also enter either draw at no cost by sending an email to info@simsy.ai with the subject line “Monthly Draw Free Entry” and the body specifying which draw (Tier 1 or Tier 2) you wish to enter and the calendar month for which you wish to be entered. Free entries received before midnight UTC on the last day of the calendar month will be entered for that month’s draw. One free entry per person per draw per month.

4. Selection of winners

5. Notification & prize fulfilment

6. Tier 4 cohort acceptance gate

The AI-Native Founder Cohort uses a selection process to maintain cohort quality. Winners of the Tier 2 Monthly Draw are not guaranteed a seat in the next cohort. If the cohort selection committee declines a winner’s application, Simsy AI will instead issue:

Total combined value: $4,999. This satisfies Simsy AI’s prize obligation in full.

7. Prize value & tax

Tier 1 prize value: $365 USD. Tier 2 prize value: $4,999 USD (or substitution per §6). Winners are responsible for any income or other taxes that may apply in their jurisdiction. Simsy AI does not provide tax advice.

8. No transfer or substitution

Prizes are non-transferable and may not be substituted for cash. Simsy AI reserves the right to substitute a prize of equal or greater value in the event of unavailability.

9. Use of name & likeness

Winners agree, where lawful, to Simsy AI’s use of their first name, last initial, and city of residence in announcements of the draw winners. Detailed personal information will not be published. Winners may opt out of the public announcement by notifying Simsy AI in writing at privacy@simsy.ai.

10. Disqualification

Simsy AI reserves the right to disqualify any entrant or winner found to have:

11. Governing law & jurisdiction

This Monthly Draw is governed by the laws of the State of Wyoming, USA. Disputes shall be resolved exclusively in the competent state and federal courts located in Wyoming. Where any provision of these terms is unenforceable under local consumer protection law, the remaining provisions remain in full effect.

12. Changes & termination

Simsy AI may modify, suspend, or terminate the Monthly Draw at any time with reasonable prior notice posted on this page. Termination does not affect entries already received for the current calendar month.

13. Promoter

Simsy Ventures LLC
447 Broadway, 2nd Floor, Suite# 38, New York, NY 10013, USA
Email info@simsy.ai for queries.

Effective May 18, 2026. Last updated May 2026.