Nexus User Terms and Conditions Relating to Participation in the Learn and Earn Campaign
Last updated on April 14th, 2022
Please read our terms and conditions (“T&Cs”) carefully. By taking part in the learn and earn campaign (“campaign”) of the project, you agree to be bound by these T&Cs and all terms incorporated herein by reference.
By agreeing to these T&Cs, you are entering into a binding agreement with our partner project. If you do not agree to any of the terms set out in these T&Cs, you believe that any of these terms do not apply to you, or you wish to negotiate these terms, please do not participate in the campaign.
Please note that Nexus and our partner projects are providing to you educational content for informational purposes only. The content provided and any information contained therein does not constitute a recommendation by said project or Chain Debrief to buy, sell, or hold any project token or any other digital asset referenced in the courses. All Nexus contents serve as educational purposes only and is not investment or financial advice. Please do you own research before making any investment decisions.
1. General Terms
1.1. “Project” is an entity that is launching a learn and earn campaign on Nexus and is the Party (defined below in clause 1.5) to these T&Cs.
1.2. “Chain Debrief” is an online platform that aims to inform and educate the general public about crypto and is hosting the Nexus Educational Campaign. Chain Debrief is not a Party to these T&Cs.
1.3. “Campaign” exclusively allows users to participate in quizzes and tasks related to the Project on Nexus, with an opportunity for eligible users to receive tokens associated with such a Project for participating in the learn and earn campaigns.
1.4. “Participant”, “your” or “you” refers to a person who
(i) has accepted these T&Cs and has agreed to take part in the Campaign as written in T&Cs
(ii) has taken part in the Campaign as written in these T&Cs
(iii) completed all the requirements given by the Project to be entitled to earn reward tokens; You and the Project shall together be referred to as the “Parties” and any reference to a “Party” shall be to the relevant one of them in that particular context.
1.5. “Successful participant” refers to a Participant that has successfully completed the requirements of a partner project to earn reward tokens.
1.6. “Successful completion” refers to the Participant answering all quiz questions correctly.
1.7. “Start Date” refers to the date when the Participants are able to start attempting the quiz.
1.8. “Token” refers to a digital asset that is earned by the Participant, issued by the Project.
2. Project Content Delivery
2.1. Project shall ensure that the Nexus Learn and Earn program delivers content to users in any of the following ways:
(i) Educational material in the form of articles or videos related to the Project
(ii) Any other format as determined by the Project;
3. Campaign Duration & Completion
3.1. The Campaign on Nexus shall remain open for as long as:
(i) The entire pool of Tokens has not been fully allocated among the Participants;
(ii) The Project or Chain Debrief at its sole discretion decides to end the campaign;
4. Method Of Participation & User Engagement
4.1. The learning material may include articles or videos of the Project outlining its technology and innovations, followed by a quiz, and may involve different tasks such as being required to sign up for an account with the Project, or perform a trade on the account with the Project.
4.2. Chain Debrief and the Project reserve the right to change the terms and conditions of payouts for all learn and earn campaigns at any time and for any reason.
5. Token Allocation & Distribution
5.1. Participants shall earn reward tokens in accordance with the payout structure determined by the Project.
5.2. Reward tokens will be distributed equally over the successful participants with a cap on the number of successful participants as determined by the Project.
5.3. Reward tokens will be distributed by the Project or Chain Debrief.
5.4. Chain Debrief or the Project shall distribute the Tokens to the successful participants within 30 calendar days after successful completion of the quiz.
5.5. Chain Debrief or the Project shall have the right to:
(i) request successful participants to submit their wallet address for receiving the reward tokens of the Project;
(b) direct successful participants to the Project website to sign up for an account and/or complete certain tasks in order to receive reward tokens; or
(c) engage a third party digital asset exchange or distribution platform (“Third Party Distribution Platform”) to facilitate the distribution of the reward tokens to successful participants, which may require successful participants to create a new account with the Third Party Distribution Platform.
6. Participant Warranties
6.1. By participating in the learn and earn campaign and agreeing to the T&Cs, you hereby represent and warrant that:
(i) you have read, understood and accept theT&Cs;
(ii) you have adequate knowledge of the usage, functionality, transmission and storage, mechanisms associated with cryptographic tokens, token storage facilities including but not limited to digital token wallets, blockchain technology;
(iv) you understand that the reward tokens confer no other rights of any kind with respect to the Project, such as voting, redemption,distribution, liquidation, proprietary (including all forms of intellectual property rights), or other financial or legal rights;
(v) you shall not use reward tokens to finance or engage in any unlawful activities;
(vi) receiving cryptographic tokens under these T&Cs is not prohibited under the laws of your jurisdiction;
(vii) you are not a citizen of or resident in a Restricted Jurisdiction
(viii) you are compliant with any applicable tax obligations in your jurisdiction arising from your acquisition, storage, transfer or sale of the reward tokens;
(ix) you understand that the sole responsibility is borne by you to determine if obtainment and use of cryptographic tokens, and the potential appreciation or depreciation in the value of cryptographic tokens over time, the sale and purchase of the cryptographic tokens or any other transaction related to the reward tokens have tax implications for you;
(x) all of the above warranties are true, complete, and accurate from the time of your access to and acceptance of these T&Cs.
7. Security
7.1. You are responsible for the security of your wallet or other storage mechanism you use for receiving and storing reward tokens, including any private key(s) necessary for such storage mechanism(s).
7.2. If your private key(s) or other access credentials are lost, you may lose access to your cryptographic tokens. The Project or Chain Debrief shall not be responsible for any security measures relating to your storage, transfer or use of these tokens nor shall it be under any obligation to recover or return any token. The Project is not liable for any security breaches which result in the loss of reward tokens issued to you.
8. Intellectual Property
8.1. Users are not entitled to any of the Project’s IP Rights. The Project or Chain Debrief shall at all times retain ownership, title and interests in and to the Project’s IP Rights and the user accepts that by participating in this learn and earn campaign, you shall not: (i) acquire or be entitled to any Project’s IP Rights;
(ii) make a claim in any Project’s IP Rights;
(iii) use, copy, imitate or modify any Project’s IP Rights.
9. Limitation Of Liability
9.1. In no circumstances shall Chain Debrief or any of the Chain Debrief’s Indemnified Parties be liable for any loss of any kind (such as loss of income, revenue, business or profits, or any like loss) stemming from or in any way related to the receipt of the reward tokens regardless of the cause of action.
10. Taxation
10.1. Participants are solely responsible for determining whether the allocation of Token and/or any other action or transaction contemplated by these T&Cs give rise to any tax implications on your part.
10.2. Participants are also solely responsible for reporting and submitting any and all taxes to the appropriate tax authorities in such jurisdiction(s) in which you may be liable to pay tax.
10.3. Participants agree not to hold the Project liable for any tax liability associated with any action related to transaction of the token.
11. Data Protection
11.1. The Project or Chain Debrief will not disclose your Personal Data except as expressly permitted under these T&Cs. However, the Project or Chain Debrief may be required to disclose your Personal Data and/or certain other information about you if required by applicable law or by an order of a court or competent governmental or regulatory authority. By accepting these T&Cs, you consent to your Personal Data being disclosed to third parties for the purposes of compliance with applicable laws or regulations.
11.2. Your Personal Data shall be processed in accordance with applicable privacy laws regarding personal data, and you agree that the data controller may directly or through our service providers or agents process your Personal Data for any one or more of the following purposes:
(i) the processing of transactions related to the learn and earn campaign pursuant to these T&Cs;
(ii) compliance with any requirement imposed by applicable law, by applicable regulation, or by an order of a court or competent governmental or regulatory authority;
(iii) management of enquiries and complaints;
(iv) providing you with information about Chain Debrief, Project and their range of services;
(v) producing summary information for statistical, regulatory and audit purposes;
(vi) any other reasonable purposes permissible and in accordance with applicable law;
11.3 You have a right to access your Personal Data and it is your responsibility to inform the Project and Chain Debrief of any changes to your Personal Data to ensure such data remains up to date.
12. Miscellaneous
12.1. The Project or Chain Debrief may amend these T&Cs as may be otherwise required by any laws or regulatory requirements. A notice together with the updated T&Cs will be published on the Nexus Website with edited “Last Updated” date section at the top of these T&Cs. Any amended T&Cs shall become effective immediately upon the publication of such notice on the Nexus Website. It is your responsibility to regularly check the Nexus Website for any such notices and updated T&Cs.
12.2. These T&Cs constitute the entire agreement between the Parties in relation to its subject matter.
12.3. Nothing in these T&Cs shall be deemed to create any form of partnership between you and the Project and/or other individuals or entities involved with the development and deployment of the Token and/or the Project’s Indemnified Parties.
12.4. The Project may transfer part or all of its rights under these T&Cs to one of the Project’s affiliates or third parties. The Participant agrees to such transfer of contract or assignment. The Participant must not transfer or assign its rights under these T&Cs to a third party.
12.5. These T&Cs and any dispute or claim arising out of or in connection with these T&Cs shall be governed by and construed in accordance with the substantial laws of Singapore.
