No, reservations purchased through the Invitation to The Future Sale are not refundable. You may redeem your Reservation to purchase tickets for the next two Black Rock City events; the first being 2022 and 2023 being the second.
Reservations are only valid for the next two Black Rock City events, starting in 2022 and ending in 2023.
Likewise, tickets that are purchased through the redemption of Invitations to The Future are also not refundable; however, once a reservation is redeemed for the purchase of a ticket, the purchased ticket will be fully transferable subject to the terms and conditions applicable to that event and may also be sold through STEP.