Core Blockchain (Core DAO): The Destination for Bitcoin Yield & Bitcoin Staking
Core Blockchain (Core DAO): The Destination for Bitcoin Yield & Bitcoin Staking
Incentive program
terms of use(T&CS)

BY PARTICIPATING IN THE INCENTIVE PROGRAM (THE "PROGRAM"), PARTICIPANT ACKNOWLEDGES THAT THEY HAVE READ, UNDERSTOOD, AND AGREED TO THESE T&CS IN THEIR ENTIRETY. The participant is responsible for making informed decisions regarding their participation in the Program and the receipt of tokens or virtual assets, based on their understanding of the Terms and Conditions, and any professional advice they may seek. Any participation in the Program is solely at the participant's own decision and risk. It is the participant's sole responsibility to seek appropriate professional, legal, investment and tax advice in respect of the Program and any receipt of the tokens or virtual assets prior to participating in the Program and prior to receiving any tokens or virtual assets.

By participating in the Program, the participant expressly acknowledges and assumes all risks related thereto including (without limitation) the risks set out hereinbelow. Except where prohibited by law, in no event shall the organizer or any member of the organizer group be held liable in connection with or for any claims, losses, damages or other liabilities, whether in contract, tort or otherwise, arising out of or in connection with the Program or the receipt of any tokens or virtual assets.

The organizer does not take any responsibility for the participation by any participant in the Program and so each participant must satisfy itself before participating in the Program and should not rely on the organizer. The organizer does not provide any recommendation or advice in respect of the Program or the tokens or virtual assets in any respect. The organizer has not assessed the suitability of the tokens or virtual assets for any participant. The organizer does not guarantee that the Program or the tokens or virtual assets are compliant with the laws, regulations, and rules of any individual participant's jurisdiction. Each participant participates in the Program at its own risk and receives tokens or virtual assets at its own risk.

PLEASE NOTE THAT THE PARTICIPANT IS NOT ELIGIBLE IF:

Such Program is prohibited, restricted or unauthorized in any form or manner whether in full or in part under the laws, regulatory requirements or rules in the jurisdiction in which the participant is located;

The participant is under the minimum age of consent for data collection in their jurisdiction (e.g., 16 years or older in some European Union countries). If participant is above the minimum age for participation but under 18 years of age (or such other minimum age to be considered an adult, as is applicable in the jurisdiction that participant lives in) ("Minor"), participant must ask a parent or legal guardian to read this agreement and accept it on their behalf. Such parents and guardians are responsible for the acts of their minors when using the services, whether or not the parent or guardian has authorized such uses. If participant is under the legal age of majority and over the age of 13, participant's parent or legal guardian must consent to these T&Cs as set out herein.

The participant is listed under any sanction administered by the United States Office of Foreign Assets Control of the United States Department of the Treasury ("OFAC") or any other United States government authority, is designated as a "Specially Designated National" or "Blocked Person" by OFAC or subject to any similar sanctions or measures imposed or administered by the United Nations Security Council, the European Union, Her Majesty's Treasury of the United Kingdom or similar sanctions administered or imposed by any other country (each such person, a "Prohibited Person").

These T&Cs govern the distribution and receipt of Core Tokens ("Tokens") through the Program organized by Core Foundation ("Organizer") and its Affiliates ("Organizer Group"). By participating in the Program, you ("Participant") agree to be bound by these T&Cs.

1. Eligibility:

Eligibility is determined by the Organizer. Participants are considered "eligible" if they:

  • Comply with all applicable laws and regulations.
  • Are not a Prohibited Person.
  • Provide accurate and complete information.
  • Do not cheat, spam, or behave inappropriately.
  • The Organizer may request additional information and decline participation.
  • The Organizer may disqualify any Participant at its sole discretion.

2. Program details:

  • Participation Requirements: Must follow all instructions provided.
  • Token Allocation: At Organizer's sole discretion, based on various criteria (bridging, dApp usage, referrals, etc.).
  • No Purchase Required: But gas/transaction fees may apply.

3. Token distribution:

  • Distribution occurs after each Program ends.
  • Participant must provide a compatible wallet.
  • Participant pays applicable gas fees.
  • Organizer may reverse erroneous token transfers.

4. Token transfer:

  • Tokens will be sent to the provided wallet or made claimable.

5. Use of tokens:

  • Tokens may have limited utility.
  • They are not investment advice.
  • Tokens are not securities.

6. Participant representations and warranties:

  • Compliance with laws.
  • Truthful information.
  • Not a Prohibited Person.
  • Sufficient technical knowledge.
  • Legal age or parental consent for minors.
  • Inaccuracies may lead to disqualification.

7. Disclaimers:

Organizer is not liable for:

  • Program delays or disruptions.
  • Hacks, bugs, or tech failures.
  • Sanctions or government regulations.
  • Loss of wallet access.
  • Errors or loss of tokens.
  • Regulatory changes.

8. Limitation of liability and indemnification:

Organizer is not liable for:

  • Indirect losses.
  • Any amount over $1.00 USD.
  • Any claims under applicable laws.

Participants indemnify Organizer Group against any third-party claims.

"Indemnified Persons" include affiliates, directors, employees, etc.

9. Governing law and jurisdiction:

  • Governed by the laws of the British Virgin Islands.
  • Disputes subject to BVI court jurisdiction.

10. General terms:

  • IP rights belong to Organizer.
  • Organizer may modify or end the Program anytime.
  • These T&Cs override any conflicting public materials.
  • Tokens are not investment vehicles. No regulatory approval claimed.

11. Risk factors:

  • Tax uncertainty.
  • No guaranteed token liquidity or value.
  • Technical vulnerabilities (hacks, bugs).
  • Regulatory uncertainty.
  • Global economic risk.
  • No guaranteed exchange listing.
  • Cybersecurity concerns.
  • Potential project discontinuation.

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