Terms & Conditions
Businesses in Metaverse Programme
A partnership between Malaysia Digital Economy Corporation Sdn. Bhd. (MDEC) and Youniverse Games Sdn. Bhd.
1. Programme Description
The Businesses in Metaverse Programme (“the Programme”) is an initiative by Malaysia Digital Economy Corporation Sdn. Bhd. (MDEC) to onboard Malaysian businesses into the metaverse. The Programme is implemented in partnership with Youniverse Games Sdn. Bhd., the developer and operator of the Yooca metaverse platform.
Definitions:
- Applicant: A Malaysian-registered and active business entity, with at least 51% ownership held by Malaysian(s), that meets the Programme’s eligibility criteria and submits an application to participate.
- Recipient: An Applicant whose application has been approved and is officially selected in the Programme.
By submitting an application to participate, the Applicant agrees to the following Terms and Conditions.
2. Participants Eligibility Criteria
Eligibility Criteria |
(a). Company i. Incorporated in Malaysia under Companies Act 1965 or the Companies Act 2016; ii. Active and minimum of fifty-one percent (51%) equity held by Malaysian(s). OR (b). Enterprise/Sole Proprietorship/Partnership: i. Registered in Malaysia under Registration of Business Act 1956 or The Trades Licensing Ordinance 1948 (Sabah) or The Businesses, Professions and Trading Licensing Ordinance (Sarawak); and ii. Active and a minimum of fifty-one percent (51%) ownership belongs to Malaysian(s). OR (C). Limited Liability Partnership i.Registered in Malaysia under Limited Liability Partnerships Act 2012; and ii. Active and a minimum of fifty-one percent (51%) ownership belongs to Malaysian(s). |
The Applicant is not a common shareholder in the Yooca metaverse platform (Youniverse Games Sdn. Bhd.). |
Must be the legal owner of the business’s brand. |
3. Participation Scope
- If selected, the Applicant will be onboarded into Yooca via one (1) of five pre-defined packages.
- The value of each onboarding package is up to RM10,000, fully incentivised (with the exception of Package 5, which requires partial co-funding from the participation).
- The Applicant’s metaverse experience will remain in Yooca for a period of one (1) year, from 5th January 2026 to 31st December 2026.
4. Content Guideline
By participating in this Programme, the Applicant and Youniverse Games Sdn. Bhd agree not to develop and publish any materials on the Yooca platform that are or may be interpreted as:
- Obscene, pornographic, sexually explicit, or offensive.
- Violent or promoting hate speech, racism, sexism, or discrimination based on religion, race, gender, nationality, or political views.
- Politically sensitive, defamatory, libellous, or disparaging of any individual, group, organization, or government agency.
- Misleading or false advertising.
- Promoting illegal, fraudulent, or harmful products or services.
- Infringing any copyright, trademark, or intellectual property rights of others.
- Containing religious content or symbols that may offend the sensitivities of any ethnic or religious group in Malaysia.
MDEC reserves the right to remove or reject any content deemed inappropriate.
5. Intellectual Property Declaration
- The Applicant declares and warrants that:
- The Applicant is the owner or has full rights and authorization to use all trademarks, logos, images, product names, video/audio, and other brand content submitted for use in this Programme.
- The content provided does not infringe any third-party rights.
- The Applicant agrees to indemnify and hold harmless MDEC and Youniverse Games Sdn. Bhd. from any claims, liabilities, or legal disputes arising from your submitted materials.
6. License to Use Business Assets
6.1 Deployment and Promotional Use
The Applicant grants MDEC and Youniverse Games Sdn. Bhd. a non-exclusive, royalty-free, global license to use the submitted business assets (including but not limited to logos, mascots, product images, and promotional materials) for the following purposes:
- Development, deployment, and in-platform display of its metaverse experience inside the Yooca platform;
- Promotion, education, and public showcasing of the experience during the program period;
- Inclusion in official communications, reports, and event exhibitions.
This license is valid until 31st December 2026, except where continued use is required to maintain:
- Player ownership and display of purchased virtual wearables or digital goods, which may persist beyond the program period as part of their in-game inventory;
- Archived gameplay footage, screenshots, or promotional material produced during the active period.
6.2 External Use by the Applicant
- The Applicant may request to license the final experience or 3D assets for use outside of the Yooca platform.
- Such use will be subject to a separate agreement, including terms of use, delivery formats, and applicable licensing fees.
7. Ownership of Created Content
7.1 Business-Specific Assets
- The Applicant retains ownership of any unique creative assets developed for the Programme (e.g. mascot designs, 3D models of branded products, virtual wearables).
- Youniverse Games Sdn. Bhd. receives a non-exclusive, royalty-free global license to use these assets until 31st December 2026 for the following purposes:
- Use these assets within the Yooca platform;
- Display them as part of player-owned inventory, even after the program ends;
- Showcase the experience for promotional, archival, or educational purposes.
- Notwithstanding the above, the Applicant reserves the right to request the takedown and removal of their created Business-Specific Assets from the Yooca platform by providing Youniverse Games Sdn. Bhd. with thirty (30) days written notice.
7.2 Platform Components
- All gameplay systems, templates, interaction logic, code, and technical infrastructure remain the exclusive intellectual property of Youniverse Games Sdn. Bhd.
- These components may be reused in other projects and are not transferable to the Applicant.
8. Monetization and Revenue Share
- The Applicant may price the digital goods in:
- Younits (soft currency) – not cash convertible.
- YouniDollars (premium currency) – monetizable.
- For YouniDollar transactions:
- The Applicant receives 70% of the gross sale value.
- The platform retains a 30% fee.
- Cash-out is available when the balance exceeds 1,000 YouniDollars (100 YouniDollar = USD 1)
- For physical goods sold through Yooca, a 6% platform transaction fee applies.
- Participation in the Programme does not guarantee increased sales, brand visibility, or commercial success. Youniverse Games Sdn. Bhd. make no warranties or representations regarding the outcome of the participation.
9. Responsibilities of the Applicant
- Provide complete and accurate business’s brand information, visual assets, product details, and other materials as requested.
- Actively review and approve deliverables via the business’s brand owner panel.
- Promote your completed metaverse experience through your own social media or marketing channels.
10. Confidentiality
- Both Parties (The Applicant and Youniverse Games Sdn. Bhd.) agree to maintain the confidentiality of non-public information exchanged during the Programme.
- This obligation does not apply to information that becomes public or is required by law to be disclosed.
11. Termination
- MDEC and Youniverse Games Sdn. Bhd. reserve the right to terminate participation in the event of:
- Breach of these Terms
- Submission of infringing or inappropriate content
- Non-cooperation or failure to meet participation requirements
- In the event that a Recipient chooses to voluntarily withdraw from the Programme, a formal written notice must be submitted to Youniverse Games Sdn. Bhd. Notwithstanding such withdrawal, should any development activities have commenced and associated costs incurred prior to the notice of withdrawal, the Recipient shall be liable to reimburse Youniverse Games Sdn. Bhd. for all development costs incurred up to the date of withdrawal.
12. Force Majeure
- Neither MDEC nor Youniverse Games Sdn. Bhd. shall be liable for delays or disruptions caused by natural disasters, pandemics, war, regulatory changes, or other force majeure events beyond reasonable control.
13. Programme Audit and Reporting
- MDEC may request proof of deliverables or data for reporting purposes.
- The Applicant agrees to cooperate with such requests, including submission of engagement metrics and confirmation of brand ownership.
14. No Agency Relationship
- Participation in this Programme does not establish any employment, agency, partnership, or joint venture relationship between you, MDEC, and Youniverse Games Sdn. Bhd.
15. Disqualification
- MDEC and Youniverse Games Sdn Bhd. reserve the right to disqualify Applicants for:
- Ineligibility
- Submission of false or misleading information
- Violation of any of these Terms & Conditions
16. Modifications
- MDEC and Youniverse Games Sdn. Bhd. reserve the right to update these Terms at any time. The most current version will be posted at:
👉 https://bim.youniverse.game
17. Data Privacy and Consent
- By participating in the Programme, the Applicant consents to the collection, use, storage, and disclosure of your personal and business data by MDEC and Youniverse Games Sdn. Bhd. for purposes directly related to Programme implementation, reporting, and promotional activities, in accordance with the Personal Data Protection Act 2010.