Reservation terms.

Not yet open

Reservations are not yet open, and nothing on this site takes money today. This page is published in advance so the terms are known before the first dollar ever moves.

The deposit

A Genie reservation will be a deposit of $100, paid once. It will hold a place in the Genie queue, in the order reservations are received.

A queue position, not a purchase

A reservation will not be a purchase of a Genie, not an ownership interest, not an investment, and not a security. Genie is not sold to households: it will be placed in the home on published hosting terms, at no cost to the household, and the household will be paid when the computing it performs is sold. A reservation will not entitle the holder to earnings of any kind. It is a place in line, nothing more.

Refunds before the terms are published

Until the day the hosting terms are published, a reservation will be refundable in full — 100%, at any time, with one click, no questions asked. Refunds will be self-serve: no one at Element 31 will need to approve one, and no one will ask why.

After the terms are published

When the hosting terms, the full specifications, and measured performance are published, reservation holders will get the first right to confirm their place on those terms — or to take an instant refund of the deposit. Either way, the choice is the holder’s. There will be no scenario in which the deposit is kept without a confirmed place.

No date is promised

Genie is in development. No delivery date, ship window, or availability timeline is promised by this site — and no date is promised for reservations opening, either.

No earnings are promised

Households hosting a Genie will be paid when — and only when — the computing work the machine performs is actually sold. Earnings will depend entirely on real customer demand. Nothing on this site, and nothing about a reservation, is a projection or a promise of earnings or financial return.

The processor of record

Reservations will be handled by an established payment processor, which will be named on this page before reservations open. Receipts, refunds, and payment details will live with that processor under its own terms and privacy policy; this website itself will collect and store nothing.

Changes

This page describes intended terms and may be refined before reservations open; the version in force when they open will be posted here. If these terms ever change materially while you hold a reservation, you will keep the right to an immediate full refund.