BTC Amsterdam Ticket Contest Official Rules

BY ENTERING THE CONTEST, YOU AGREE TO THESE OFFICIAL RULES AND THE KRAKEN.COM TERMS OF SERVICE, 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. 

1. Kraken

Kraken’s 2024 Bitcoin Amsterdam Ticket Contest (“Contest”) is run by Payward Continental Services Limited, (an Irish entity whose registered address is at 70 Sir John Rogerson’s, Quay, Dublin, D02R296, Ireland) operating through its Dutch Branch with a local Dutch business address at Weteringschans 165 C, 1017XD Amsterdam (“Kraken”).

Payward Continental Services Limited has its registered office at:
70 Sir John Rogerson’s Quay,
Dublin Docklands,
Dublin 2,
Ireland
D02 R296.Operating through its Dutch Branch with a local Dutch business address at:
Weteringschans 165 C
Amsterdam
Netherlands
1017XDMore information can be found here. If you would like to submit a complaint, please see here.

2. Eligibility to Participate in the Contest

Subject to these Rules, you are eligible to participate in the Contest if, at the time of entry and throughout the Contest Period (as defined below), you:

• Reside in The Netherlands;
• Agree to the Kraken.com Terms of Service, including any updates thereto;
• Have a Kraken Account (as defined in the Kraken.com Terms of Service) that is verified to at least the Intermediate level;
• Agree to these Rules and meet and comply with any and all applicable requirements herein; and
• Are not a Kraken Related Party (as defined below);
• Are not otherwise ineligible to participate under the Kraken.com Terms of Service, these Rules, or applicable law; and
• Successfully complete and submit the Contest entrant Google Form.

A Kraken Account can be requested for free by going to https://www.kraken.com/sign-up on a computer or IOS or Android mobile device. Please see the Kraken.com Terms of Service for additional requirements and terms.

You are not eligible to participate in the Contest if you are (A) a Kraken employee, officer, director, manager, agent, consultant, or representative; (B) a family member or live with any of the foregoing; (C) a Kraken corporate partner, division, subsidiary, affiliate, successor in interest; (D), an advertising, promotion, or public relations agency of any of the foregoing (each a “Kraken Related Party”). For the purposes of the Contest, 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).

By submitting your entry to the Contest, you represent and warrant that you meet, and will continue to meet throughout the Contest Period, each of the above criteria and are eligible to participate in the Contest.

3. Contest Period

The “Contest Period” begins at 04:00 PM UTC on September 25, 2024, and ends at 12:00 PM UTC on October 1, 2024.

4. How to Participate

To participate in this Contest, you will need to:

1. Successfully complete and submit the Contest Google Form with your prediction of the exact EUR value of BTC to the nearest cent as reflected on Kraken at 12:00 PM UTC on October 2, 2024.
2. Follow any additional instructions provided as part of the Contest, including successful creation, activation, and verification of an account with Kraken and completion of a Kraken Prize Request Form and supply of the appropriate tax form, as may be needed to claim and receive any prize.

Kraken is not responsible for any changes or unavailability of your internet, your Kraken Account, or any other interference with your ability to access or otherwise participate in the Contest, including your ability to timely enter or receive notices or communicate with Kraken.

5. Disqualification

Kraken reserves the right to disqualify your submission if Kraken determines, in its sole discretion, that you have (A) violated these Rules, including the Kraken.com Terms of Service, or (B) violated applicable law. CAUTION: ANY ATTEMPT TO DAMAGE ANY ONLINE SERVICE OR UNDERMINE THE LEGITIMATE OPERATIONS OF THE PROMOTION VIOLATES CRIMINAL AND CIVIL LAWS. IF SUCH AN ATTEMPT IS MADE, WE MAY SEEK DAMAGES TO THE FULLEST EXTENT PERMITTED BY LAW AND MAY DISQUALIFY ANY PARTICIPANT MAKING SUCH ATTEMPT.

6. Determination and Notification of Winners

Kraken will review submissions to select the first 100 submissions received by Kraken, as determined by timestamp on Kraken’s systems, that comply with these Rules and correctly identify the exact EUR value of BTC to the nearest cent as reflected on Kraken at 12:00 PM UTC on October 2, 2024. To the extent that Kraken determines that there are fewer than 100 winning submissions to correctly identify the exact EUR value of BTC to the nearest cent as reflected on Kraken at 12:00 PM UTC on October 2, 2024. Kraken will select the next submission nearest to the correct submission that is not more than the exact EUR value of BTC to the nearest cent as reflected on Kraken at 12:00 PM UTC on October 2, 2024 until Kraken has identified 100 winning submissions. To the extent that submissions use any alternative denominations or formats (e.g., USD, GBP, etc.), Kraken reserves absolute sole discretion in determining the value submitted for the purposes of the Contest. The determination of winners will be in Kraken’s sole discretion.

Winners will be notified via the contact information provided in the Contest entrant Google Form. The winner will be required to provide sufficient information to identify a Kraken Account to deliver any prize awarded. If the winner does not have a Kraken Account, the winner will be required to successfully create, activate, and verify an account with Kraken. The recipient of any prize acknowledges and agrees that they may be required to submit additional documentation, including an applicable tax form such as Form W-9 Request for Taxpayer Identification Number and Certification, to be eligible to receive a prize. Upon confirmation of the winner’s Kraken Account, eligibility, and compliance with these Rules, Prizes will be delivered to the winner. 

7. Prizes

For the Contest, there will be 100 winners of one (1) BTC Amsterdam General Admission ticket valued at €250.

8. Consents and Approvals

By entering the Contest, you agree that any content and any other information submitted by you or collected by Kraken in connection with the Contest may be used by Kraken, including their affiliated business entities. Further, you consent to and opt-in to any communications, including marketing communications, from Kraken. 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 this Contest and complying with applicable laws, regulations, and rules. YOU FURTHER ACKNOWLEDGE THAT IF YOU ARE A WINNER, YOUR IDENTIFYING INFORMATION, INCLUDING BUT NOT LIMITED TO YOUR NAME AND ADDRESS, MAY BE DISCLOSED TO THIRD PARTIES TO FACILITATE THE PROMOTION AND COMPLY WITH APPLICABLE LAW, TAX, AND REPORTING REQUIREMENTS. Except as otherwise contemplated in these Rules, Kraken will use personal information collected in connection with the Contest in accordance with its online privacy policy located at https://kraken.com/legal/privacy. 

9. Disclaimers

Kraken is not responsible for any changes or unavailability of your internet or any other interference with your ability to access or otherwise participate in the Contest, including your ability to timely enter, receive notices, or communicate with Kraken. Without limiting any other provision in these Rules, Kraken and Kraken Related Parties are not responsible or liable for any damage or loss by reason of any acts of God, equipment failure, terrorist acts, earthquake, war, fire, flood, epidemic, explosion, unusually severe weather, embargo, labor dispute, transportation interruption of any kind, civil disturbance, or any governmental, federal, state or local government authority action, or any other cause, whether or not specifically mentioned above.

10. Limitation of Liability, Disputes, and Governing Law

By participating in the Contest, you agree to and hereby do release and hold harmless Kraken and the Contest Related Parties 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 Contest, 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.

BY PARTICIPATING IN THE PROMOTION, 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 KRAKEN, OR THE KRAKEN RELATED PARTIES ARISING OUT OF OR CONNECTED WITH THE PROMOTION 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 Netherlands, without reference to its conflicts of law principles. By participating in this Contest, you agree that any dispute arising from or relating to this Contest shall be determined by confidential binding arbitration only in The Netherlands. 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. 

11. General Rules

Any attempt to defraud or in any way tamper with this Contest may be prosecuted to the full extent of the law. Kraken reserves the right to modify these Rules in any way or at any time. Kraken reserves the right, in its sole discretion, to cancel or suspend this Contest should viruses, bugs or other causes beyond their control corrupt the administration, security or proper operation of the Participation. In the event of cancellation or suspension, Kraken shall promptly post a notice on its website to such effect. Failure to enforce any provision of these Rules shall not constitute a waiver of that provision. Kraken’s decisions will be final in all matters relating to the Contest. You waive any right to claim ambiguity in the Contest or these Rules.  The invalidity or unenforceability of any provision of these Rules will not affect the validity or enforceability of any other provision. If the Contest is not capable of running as planned for any reason, Kraken reserves the right, in our sole discretion, to cancel, modify or suspend the Contest and unilaterally select winners from eligible submissions received prior to cancellation, modification, or suspension or as otherwise deemed fair and appropriate by Kraken.