🪙 What Are Fairy Coins? The Complete Guide to Kindred Guild's Internal Currency

Fairy Coins are the internal currency of Kindred Guild. They're how you post paid tasks, earn rewards, and participate in the platform's economy. Think of them like gold in a video game — earned, spent, and locked in escrow. They never leave the platform.

Here's everything you need to know about how they work.

How Do You Earn Fairy Coins?

There are several ways to earn coins:

• Complete quests — When you finish a paid task and the poster approves your work, the locked coins transfer to your balance. This is the primary way to earn.
• Referrals — Share your referral code with friends to grow the community. More members means more tasks and more opportunities to earn.
• Receive gifts — Other community members can send you coins as a thank-you or reward.
• Buy with UPI — Need coins urgently? Purchase them directly via UPI payment on the Buy Coins page. Admin verification within 24 hours.

How Do You Spend Fairy Coins?

Coins are used to post paid tasks. Here's how it works:

When you post a quest with a coin reward, two things happen:

1. The reward amount locks in escrow — it leaves your balance but isn't given to anyone yet
2. A 10% platform fee locks alongside it — this supports the platform and community rewards

What Happens If Things Go Wrong?

Kindred Guild has built-in protections:

• Quest cancelled — If you cancel your quest before anyone accepts, all locked coins (reward + fee) refund to your balance instantly.
• Worker abandons — If a worker drops your quest, it goes back to "open" and your coins stay locked for the next worker.
• Dispute — If there's a disagreement, either party can file a dispute. Coins stay locked until resolved. Both parties can agree on a resolution, or an admin decides.
• Quest expires — If your quest passes its deadline without being completed, it auto-closes and all locked coins refund to you.
• Auto-approval — If a worker submits proof and you don't respond within 48 hours, the quest auto-approves and the worker gets paid. This prevents ghosting.

Fairy Coins vs Real Money

Important distinctions:

• Not cryptocurrency — Fairy Coins don't use blockchain. They're a simple internal ledger, like game currency.
• Can't be cashed out — You can't convert coins to real money. They stay inside Kindred Guild.
• Can't be transferred off-platform — Coins have no value outside the platform.
• For platform use only — Post tasks, back wishes, participate in the economy.

UPI Payments (Direct)

For tasks where you prefer real money, there's a UPI option. When you post a UPI quest:

• You set a ₹ amount as the reward
• A 10% commission in Fairy Coins is locked (to prevent spam)
• Payment happens directly between you and the worker via UPI
• Kindred Guild doesn't handle the UPI payment — it's between you two

This is great for larger tasks where you want to pay in rupees but still use the platform's trust and reputation system.

The Fairy Coin Economy

The coin economy is designed to be self-sustaining:

• Earned through work — Coins enter circulation when tasks are completed
• Recycled through posting — Coins leave your balance when you post, but enter someone else's when they complete work
• Platform fees — The 10% fee is the only "leak" in the system, keeping the platform running
• No inflation — Coins aren't printed out of thin air. They're earned through actual contribution.

Ready to Start Earning?

The best way to understand Fairy Coins is to use them. Sign up, accept a free quest to build reputation, then move to paid tasks. You'll have coins flowing in no time.