Kraken Bitcoin Whitepaper Sweepstakes - Official Rules
BY ENTERING THE SWEEPSTAKES, YOU AGREE TO THESE OFFICIAL RULES AND THE KRAKEN.COM TERMS OF SERVICE (OR THOSE OF THE APPLICABLE KRAKEN PARTNER), WHICH EACH FORM A CONTRACT. READ THEM CAREFULLY BEFORE ENTERING. NO PURCHASE, PAYMENT, OR FUNDING NECESSARY TO PARTICIPATE OR WIN. PURCHASE, PAYMENT, OR FUNDING WILL NOT INCREASE YOUR CHANCES OF WINNING.
Void where prohibited by law.
1. Kraken Entity
Kraken’s Bitcoin Whitepaper Sweepstakes (“Sweepstakes”) is run by Payward, Inc., a company incorporated in Delaware with registered number 5017249 and registered address at 1209 Orange St., Wilmington, Delaware 19801 (“Kraken”).
2. Eligibility to Participate in the Sweepstakes:
Subject to these Official Rules, the Sweepstakes is open only to those who:
- Agree to the Kraken.com Terms of Service (or those of the applicable Kraken partner); and
- Reside in the United States (excluding Florida, New York, Washington, and Maine), Canada (excluding Quebec), the European Union (excluding Belgium, Ireland, Italy, and Poland), or the Australian states of Queensland, Victoria, Western Australia, or Tasmania; and
- Agree to these Official Rules and meet and comply with any and all applicable requirements herein; and
- Are not otherwise ineligible to participate under the Kraken.com Terms of Service (or those of the applicable Kraken partner), these Official Rules, or applicable law; and
- Comply with all terms and policies for any third-party social media platform used to participate in the Sweepstakes, including X, Instagram, and LinkedIn.
Entrants must have an account with any of the social media platforms used to enter the Sweepstakes. An X account can be registered for free at https://twitter.com. An account with Instagram can be registered for free at https://www.instagram.com. An account for LinkedIn can be registered for free at https://www.linkedin.com/. Data and usage rates may apply to download and use of the social media mobile application according to your agreement with your wireless carrier. The time the social media platform entry is received is the time the entry is made available to Kraken by the social media platform for the purposes of this Sweepstakes. Any entries that are hidden or removed by a social media platform prior to the winner announcement are void.
Employees, officers, directors, managers, agents, consultants, representatives and family members of Kraken employees and consultants (or people living in the same household whether related or not), or their corporate partners, divisions, subsidiaries, affiliates, successors in interest, advertising, promotion, and public relations agencies (collectively, the “Sweepstakes Entities”) are not eligible. For the purposes of the Sweepstakes, family members are defined as spouse, mother, father, legal guardian, in-laws, grandmother, grandfather, brother, sister, children and grandchildren (including “step” as they may apply).
3. Sweepstakes Period:
The “Sweepstakes Period” begins at 6:00 AM EST on October 31, 2024, and ends at 11:59 PM EST on November 4, 2024. Entrants will need to provide a submission prior to 11:59 PM EST on November 4, 2024. Prize Winners will be determined within 48 hours of submission deadline.
4. How to Participate:
To participate in this Sweepstakes, you will need to:
- Follow @KrakenFX on the applicable social media platform used to enter (i.e., X, Instagram, or LinkedIn) to receive announcements and information about the Sweepstakes. If entering on X, also follow @KrakenPro and @InkonChain.
- Like & repost the contest post on @KrakenFX
- Follow the instructions to complete the Bitcoin Whitepaper Quiz using the provided Google Form.
The Google Form will feature a multiple choice quiz that will be submitted for entry in the final random drawing. Each Participant is limited to submitting one eligible Google Form entry. Multiple submissions will not be considered.
Kraken is not responsible for any changes or unavailability of your internet, your Kraken Account, X, Instagram, LinkedIn, or any other interference with your ability to access or otherwise participate in the Sweepstakes, including your ability to timely enter or receive notices or communicate with Kraken.
5. Determination of Prize Winners:
Sweepstakes participants who score 100% by correctly answering all questions contained in Bitcoin Whitepaper quiz will receive one entry into the final random drawing of winners. Kraken will randomly select sixteen (16) participants from all eligible participants who score 100% on the Bitcoin Whitepaper quiz. Odds of winning depend on the number of eligible participants who score 100% on the Bitcoin Whitepaper quiz.
6. Winner Notification:
Winners will be notified via direct message from the official Kraken @KrakenFX account to the social media platform handle provided with the Google Form submission of the Bitcoin Whitepaper quiz. The winner will be required to provide sufficient information to deliver any prize awarded, including having an account with Kraken (or the applicable Kraken partner) verified to at least the intermediate level. The recipient of any prize acknowledges and agrees that they may be required to submit additional documentation, including Form W-9 Request for Taxpayer Identification Number and Certification (for US Residents) or Form W-8BEN (for non-US Residents), to be eligible to receive a prize. Upon confirmation of the winner’s eligibility and compliance with these Rules, Prizes will be distributed to each winner’s account with Kraken (or the applicable Kraken partner).
7. Prize:
For the Sweepstakes, there will be a prize of 1 BTC that will be equally apportioned between 16 winners selected from the final random draw. Each winner will receive 1/16 BTC. No participant may be selected to receive more than 1/16 BTC. To the extent that there are fewer than 16 eligible winners, Kraken reserves the right to not award any remaining prizes or to apportion any remaining prizes among eligible winners.
8. Licenses and Approvals:
By entering the Sweepstakes, you agree that any content and any other information submitted by you or collected by Kraken in connection with the Sweepstakes may be used by Kraken and shared with Kraken’s affiliated business entities and partners. You give consent for Kraken and its agents to obtain and deliver your name, address and other information to third parties for the purpose of administering the Sweepstakes and complying with applicable laws, regulations, and rules. Except as otherwise contemplated in these Official Rules, Kraken will use personal information collected in connection with the Sweepstakes in accordance with its online privacy policy, located at https://kraken.com/legal/privacy.
You further represent and warrant that you meet all eligibility criteria for participation in the Sweepstakes and, in connection with the Sweepstakes, grant the Sweepstakes Entities an irrevocable, perpetual, non-exclusive worldwide license to publish, post, display, copy, distribute, transmit, edit, use alone, together or with other works, and otherwise exploit your Sweepstakes information, and any other indicia of persona associated with your Sweepstakes Information, in any manner whatsoever throughout the world, including on the internet, and at any time or times, in any and all forms of media, now known or hereafter discovered, without additional compensation, review or approval rights, notification or permission, except where prohibited by law, and you release all Sweepstakes Entities from any and all liability related thereto. For the sake of clarity, you give consent and approval to announce Sweepstakes results during and at the completion of the Sweepstakes Period on the internet and social media applications. YOU FURTHER ACKNOWLEDGE THAT IF YOU ARE A PRIZE WINNER, YOUR IDENTIFYING INFORMATION, INCLUDING BUT NOT LIMITED TO YOUR NAME AND ADDRESS, MAY BE DISCLOSED TO THIRD PARTIES TO FACILITATE THE AWARDING OF PRIZES AND COMPLY WITH APPLICABLE LAW AND REPORTING REQUIREMENTS.
9. Limitation of Liability:
By participating in the Sweepstakes, you agree to and hereby do release and hold harmless the Sweepstakes Entities from any damage, injury, death, loss, claim, action, demand, or other liability (collectively, “Claims”) that may arise from your acceptance, possession and/or use of any prize or your participation in this Sweepstakes, regardless of whether such Claims, or knowledge of the facts constituting such Claims, exist at the time of entry or arise at any time thereafter. Any person attempting to defraud or in any way tamper with this Sweepstakes may be prosecuted to the full extent of the law. Kraken reserves the right to modify these Official Rules in any way or at any time. Kraken reserves the right, in its sole discretion, to cancel or suspend the Sweepstakes should viruses, bugs or other causes beyond their control corrupt the administration, security or proper operation of the Sweepstakes. In the event of cancellation or suspension, Kraken shall promptly post a notice on Kraken’s website to such effect.
10. Additional Disclaimers:
Without limiting any other provision in these Official Rules, Sweepstakes Entities are not responsible or liable to any participant or prize winner or any person claiming through such participant or prize winner for failure to supply the prize or any part thereof in the event that any of the Sweepstakes activities or the Sweepstakes Entities’ operations or activities are affected, as determined by the Kraken in its sole discretion, including, without limitation, by reason of any acts of God, any action, regulation, equipment failure, threatened terrorist acts, terrorist acts, air raid, blackout, act of public enemy, earthquake, war, fire, flood, epidemic, explosion, unusually severe weather, hurricane, embargo, labor dispute or strike labor or material shortage, transportation interruption of any kind, civil disturbance, insurrection, riot, or any law, rule, regulation, order or other action adopted or taken by any governmental, federal, state or local government authority, or any other cause, whether or not specifically mentioned above.
11. Disputes and Governing Law:
BY PARTICIPATING IN THE COMPETITION, YOU AGREE THAT TO THE EXTENT PERMITTED BY APPLICABLE LAW: (1) ANY AND ALL DISPUTES, CLAIMS AND CAUSES OF ACTION THAT CANNOT BE RESOLVED BETWEEN YOU AND COMPETITION ENTITIES ARISING OUT OF OR CONNECTED WITH THE COMPETITION, OR ANY PRIZE AWARDED, WILL BE RESOLVED INDIVIDUALLY, WITHOUT RESORT TO ANY FORM OF CLASS ACTION; (2) ANY AND ALL CLAIMS, JUDGMENTS AND AWARDS WILL BE LIMITED TO ACTUAL THIRD-PARTY, OUT-OF-POCKET COSTS INCURRED, (IF ANY), NOT TO EXCEED TWENTY FIVE DOLLARS ($25.00), BUT IN NO EVENT WILL ATTORNEYS’ FEES BE AWARDED OR RECOVERABLE; (3) UNDER NO CIRCUMSTANCES WILL YOU BE PERMITTED TO OBTAIN ANY AWARD FOR, AND YOU HEREBY KNOWINGLY AND EXPRESSLY WAIVE ALL RIGHTS TO SEEK, PUNITIVE, INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES, LOST PROFITS AND/OR ANY OTHER DAMAGES, OTHER THAN ACTUAL OUT-OF-POCKET EXPENSES NOT TO EXCEED TWENTY FIVE DOLLARS ($25.00), AND/OR ANY RIGHTS TO HAVE DAMAGES MULTIPLIED OR OTHERWISE INCREASED; AND (4) YOUR REMEDIES ARE LIMITED TO A CLAIM FOR MONEY DAMAGES (IF ANY) AND YOU IRREVOCABLY WAIVE ANY RIGHT TO SEEK INJUNCTIVE OR EQUITABLE RELIEF.
Any dispute arising under or related hereto (whether for breach of contract, tortious conduct or otherwise) will be governed by the laws of the State of California, without reference to its conflicts of law principles. By participating in this Sweepstakes, you agree that any dispute arising from or relating to this Sweepstakes shall be determined by confidential binding arbitration only in San Francisco, CA, by and under the Streamlined Arbitration Rules and Procedures of JAMS, and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. Notwithstanding the foregoing, Kraken may seek equitable relief in any court of competent jurisdiction. If any provision of these rules is held to be illegal or unenforceable, such provision shall be limited or eliminated to the minimum extent necessary so that these rules otherwise remain in full force and effect and enforceable. The Sweepstakes Entities (are not responsible or liable for any of the following: (a) stolen, lost, late, misdirected, garbled, mutilated, damaged, incomplete, inaccurate, or illegible Participants, e-mail, mail, Sweepstakes-related correspondence or any technical, computer, mechanical, printing, typographical, human or other errors relating to or in connection with the Sweepstakes, including, without limitation, errors which may occur in connection with the administration of the Sweepstakes, the transmission of notification or correspondence, the processing of participants, the announcement of any prize or in any Sweepstakes related materials; (b) technical failures of any kind; (c) unauthorized human and/or mechanical intervention; (d) human error; (e) any error, omission, interruption, defect or delay in transmission or communication; (f) viruses or mechanical malfunctions; (g) errors, typos, or misprints in these Official Rules, in any Sweepstakes related advertisements or other materials; or (h) lost or unavailable network connections. Kraken is not responsible for electronic communications that are undeliverable as a result of any form of filtering or insufficient space in your e-mail account. Kraken is not responsible, and may disqualify you, if your e-mail address, telephone, or other contact information does not work or if it is changed without giving prior written notice to Kraken. If for any reason your participant is confirmed to have been erroneously deleted, lost or otherwise destroyed, corrupted or for any other reason not accepted as an entry into the Sweepstakes, your sole remedy is another entry in the Sweepstakes.
12. General Rules:
Kraken’s failure to enforce any term of these Official Rules shall not constitute a waiver of that provision. Kraken’s decisions will be final in all matters relating to the Sweepstakes. Kraken reserves the right to restrict or void participation from any IP address if any suspicious participation is detected. Kraken reserves the right, in its sole discretion, to void Participants who Kraken believes have attempted to tamper with or impair the administration, security, fairness or proper play of the Sweepstakes. In the event there is an alleged or actual ambiguity, discrepancy or inconsistency between disclosures or other statements contained in any Sweepstakes-related materials and/or these Official Rules (including any alleged discrepancy or inconsistency in these Official Rules), it will be resolved in Kraken’s sole discretion. You waive any right to claim ambiguity in the Sweepstakes or these Official Rules. If Kraken determines at any time in its sole discretion that you are disqualified, ineligible, or in violation of these Official Rules, or engaging in behavior that Kraken deems obnoxious, inappropriate, threatening, infringing, illegal or that is intended to annoy, abuse, threaten or harass any other person, Kraken reserves the right in its sole discretion to select an alternate winner. The invalidity or unenforceability of any provision of these Official Rules will not affect the validity or enforceability of any other provision. If the Sweepstakes is not capable of running as planned for any reason, Kraken reserves the right, in its sole discretion, to cancel, modify or suspend the Sweepstakes and award the Prize from eligible entries received prior to cancellation, modification, or suspension or as otherwise deemed fair and appropriate by Kraken. Each potential Winner may be required to provide Kraken with proof that he or she is the authorized account holder and complete documentation required for tax or other legal purposes. If a dispute cannot be resolved to Kraken’s satisfaction, the individual(s) may be deemed ineligible in Kraken’s sole discretion CAUTION: ANY ATTEMPT TO DAMAGE ANY ONLINE SERVICE OR UNDERMINE THE LEGITIMATE OPERATIONS OF THE COMPETITION VIOLATES CRIMINAL AND CIVIL LAWS. IF SUCH AN ATTEMPT IS MADE, KRAKEN MAY SEEK DAMAGES TO THE FULLEST EXTENT PERMITTED BY LAW AND MAY DISQUALIFY ANY PARTICIPANT MAKING SUCH ATTEMPT.