1.1. Тhe Nexonomics Referral Promo Campaign (hereinafter referred to as “the Campaign”) is organized by Nexo Capital Inc., a Cayman Islands company, with its registration number MT-332370 (“the Organizer” or “Nexo”).
1.2. The Campaign aims to popularize the Nexo Referral Program. The Campaign shall be conducted within the period from 00:00 (UTC) on 04.11.2021 until 14:00 (UTC) on 05.01.2022 (“the Campaign Period”) on the website of the Organizer: https://nexo.com/.
1.3. The organization and conduct of the Campaign, as well as the participation therein, shall be governed by the terms and conditions of the present Rules of Nexonomics Referral Promo Campaign (“the Rules”), available on the website of the Organizer: https://nexo.com/.
2.1. “Referring Participant” shall mean a client of Nexo who invites a Referred Participant to participate in the Campaign by sending him/her a Referral Link.
2.2. “Referred Participant” shall mean an individual who has not previously opened a Nexo Account and is invited by the Referring Participant to participate in the Campaign through a Referral Link.
2.3. “Prize Pool” shall mean Platinum Club Prize Pool of the Campaign of a total of $100,000 (one hundred thousand dollars) which shall be distributed under the terms and conditions of the Rules to 50 (fifty) winners (separately referred to as “the Winner”, and collectively as “the Winners”).
3.1. Every individual - a Referring Participant or a Referred Participant, aged at least 18, who complies with all the terms and conditions of the Rules, is eligible to participate in the Campaign (hereinafter referred to as “the Participant”).
3.2. Individuals residing in the States of New York, Kentucky, Arkansas, Texas, New Jersey, Alabama, Oklahoma, Vermont and Washington, who have signed up after August 2, 2021, are not allowed to participate in the Campaign as Referred Participants, but can participate as Referring Participants.
3.3. Employees of the Organizer and employees of the Organizer’s affiliated entities, as well as members of the families of such employees, are not eligible to participate in the Campaign.
3.4. By participating in the Campaign, every Participant declares his/her full and unconditional consent to the Rules and agrees to accept as final and binding all Organizer’s decisions with regard to the Campaign.
In order for a Referring Participant to participate in the Campaign, the following conditions shall be met:
(i) The Referring Participant shall invite Referred Participants to participate in the Campaign through a referral link in his/her Nexo Account;
(ii) The Referred Participant shall complete his/her Identity Verification on the Nexo Platform;
(iii) Each Referred Participant shall top up Digital Assets the USD equivalent of which up to the topping-up time is at least $100 (one hundred dollars) into his/her Nexo Account, for a period of 30 (thirty) days as of the topping-up (“the Retention Period”);
(iv) The balance of $100 should be sent into the Referred Participant’s Nexo Account only from an external wallet; Referred Participants who received internal transfers from other Nexo wallets will not be eligible for participation in the Campaign;
(v) The Referred Participants should have Digital Assets topped up into their Nexo Accounts Nexo Account the USD equivalent of which up to the 30th day following the topping-up time is at least $100 (one hundred dollars).
5.1. Both the Referring Participants and the Referred Participants shall receive a referral bonus of BTC, the USD equivalent of which up to the transfer time is $25 (twenty-five dollars) (“the Referral Bonus”), into their Nexo Account, as per the terms and conditions governing the Nexo Referral Program, at the end of the Retention Period.
6.1. Additionally, every Referring Participant shall participate in a ranking for distribution of the Prize Pool of a total of $100,000 (one hundred thousand dollars), as follows:
(i) The Organizer will check the loyalty tiers of all Referred Participants on tier check dates during the Campaign Period: 16.11.2021, 30.11.2021, 15.12.2021, and 30.12.2021;
(ii) All Referring Participants should have the Platinum level in the Nexo Loyalty Program, as explained on the Nexo Platform, on all four tier check dates; the Referring Participants who joined the Campaign later should have the Platinum level on the forthcoming tier check dates until the end of the Campaign;
(iii) The Organizer shall announce on the Nexo Community Page - https://nexo.com/community the ranking of the Winners in the Campaign by 08.02.2022. Every Winner, depending on the total number of their eligible Referred Participants for the Campaign Period, shall receive the following prize:
6.2. The prize shall be paid in BTC (for US citizens or residents) or Nexo Tokens (for non-US citizens or residents) through transfer in the Winner’s Nexo Account within the period 09.02.2022 - 11.02.2022.
6.3. Requests for cash or another prize substitution (including Digital Asset’s type), as well as requests for transfer or assignment of the prize to third parties, shall not be allowed nor considered by the Organizer.
6.4. The actual or appraised value of the prize may differ at the time of the prize award and transfer.
6.5. The Winner shall be fully and solely responsible for: (i) any and all prize-related expenses, including without limitation any and all federal, state, and/or local taxes, any fees or sanctions imposed in this regard; (ii) ensuring his/her compliance with any and all applicable federal, state, and local laws and regulations in regard to the prize receipt.
7.1. By entering the Campaign every Participant declares his/her full and unconditional consent that he/she understands and agrees that the Organizer shall have the right, where permitted by law, to print, publish, broadcast, distribute, and use in any media, in perpetuity and throughout the world, without limitation, the Participant’s entry, name, image, video in social media and networks, social media likeness and followings, statements about the Campaign, and any information visible in social media profiles, without any further compensation, notice, review or consent.
8.1. The Organizer reserves the right, at its sole discretion, to cancel, terminate, modify or suspend the Campaign should virus, bug, non-authorized human intervention, fraud, or other cause beyond the Organizer’s control corrupts or affects the administration, security, fairness, or proper conduct of the Campaign.
8.2. The Organizer reserves the right, at its sole discretion, to disqualify any individual who tampers or attempts to tamper with the entry process or the operation of the Campaign or violates the Rules. The Organizer has the right, at its sole discretion, to maintain the integrity of the Campaign, to void votes for any reason, including, but not limited to the use of bots, macros, scripts, or other technical means for entering. Any attempt by a Participant to undermine the legitimate operation of the Campaign may represent a violation of criminal and civil laws. Should such an attempt be made, the Organizer reserves the right to seek damages to the fullest extent permitted by law.
9.2. By entering the Campaign, the Participants grant their explicit and unconditional consent to the Organizer to use their personal data, specified in item 8.1 of the Rules, for the purposes of organization and conduct of the Campaign.
9.3. The legal grounds for data processing shall be explicit consent for participating in a marketing activity.
9.4. In the event the Organizer receives a request for restricting processing of the individuals personal data, the Organizer shall discontinue processing his/her personal data and shall disqualify the individuals` entry or entries in the Campaign.
10.1. The Organizer, at its sole discretion, at any time during the Campaign Period, can amend the Rules, whereas all amendments shall become effective as of the date of publication of the amended version of the Rules on the website of the Organizer: https://nexo.com/.
10.2. Any notice required or made under these Rules by any Participant to the Organizer shall only be made via e-mail in English to [email protected]. Any notice required or made under these Rules from the Organizer to any Participant shall be considered validly received when addressed to the Participant’s last provided email address, mailing address or phone number.
10.3. The Organizer shall have no liability for any Participant’s failure to receive notices therefrom regarding the Campaign due to spam, junk e-mail or other security settings or any Participant’s provision of incorrect or otherwise non-functioning contact details. If any Participant cannot be contacted or is ineligible, the Organizer, at its sole discretion, may invalidate any Referral bonus or Campaign prize under Art. 6 and 7.
10.4. The relation between the Participants and the Organizer shall be governed by the present Rules, the Nexo Services General Terms and Conditions and Nexo Earn Interest Product General Terms and Conditions, where applicable, and the laws of the laws of England and Wales. Any dispute arising out of or in connection with the Campaign, unless settled amicably between the Organizer and the relevant Participant, shall be referred for settlement to the competent court in London, England.
10.5. By entering the Campaign, the Participants declare that they have reviewed, accepted, and consented to all terms and conditions of the Rules.