do you still get the referral weight, and do your ads run with that weight or does everything shut down b/c your main account is not validated?
Right... you cannot participate in the ad network without having any sites actually in it (referrals only).
Well here is my scenario... I have Master Account (not validated) > Binded Account (validated) > Referrals I show a weight of like 15,000. Now am I in rotation or not?
No, if the master account is not validating, the ads on the master account would not be in the rotation.