Airdrop T&Cs

The Airdrop Terms & Conditions apply to all official Verida Airdrops.

GENERAL NOTICE

REGISTERING FOR, WHITELISTING OR OTHERWISE ALLOWING TO USE OR AN EXCLUSIVELY CONTROLLED DECENTRALISED WALLET ADDRESS TO RECEIVE A FREE DISTRIBUTION OF VDA STORAGE CREDIT TOKENS (THE “AIRDROP”) EXECUTED BY THE BRITISH VIRGIN ISLANDS REGISTERED ENTITY DISTRIBUTED NETWORK GROUP LTD (THE “COMPANY”) DEFINES THE WALLET ADDRESS SOLE OWNER AS A “PARTICIPANT”. AS SUCH, ANY PARTICIPANT ACKNOWLEDGES THAT THEY HAVE READ, UNDERSTOOD, AND AGREED TO THESE AIRDROP T&CS AND ANY PUBLISHED AND APPLICABLE VDA TOKENS T&CS BY THE VDA TOKENS ISSUER IN THEIR ENTIRETY. THE PARTICIPANT IS SOLELY AND EXCLUSIVELY RESPONSIBLE FOR MAKING ITS OWN DECISION IN RESPECT OF THEIR PARTICIPATION IN THE AIRDROP AND ANY RECEIPT OF VDA TOKENS, SUBJECT FURTHER TO ANY TERMS AND CONDITIONS HEREIN. ANY PARTICIPATION, IN WHATEVER MODE OR FORMAT IN THE AIRDROP IS SOLELY AT THE PARTICIPANT’S OWN RISK AND IT IS THE PARTICIPANT’S SOLE RESPONSIBILITY TO SEEK APPROPRIATE PROFESSIONAL, TECHNICAL, LEGAL AND TAX ADVICE IN RESPECT TO THE AIRDROP AND ANY RECEIPT OF ANY VDA TOKENS PRIOR TO PARTICIPATING IN THE AIRDROP AND PRIOR TO RECEIVING ANY VDA TOKENS.

1. Airdrop Eligibility.

1.1. Only Participants with non-custodial wallets that they solely control and of which they exclusively own the connected private keys are eligible for the Airdrop, with the exclusion of Participants who are citizens or residents of any Restricted Jurisdiction, or that are Restricted Persons as defined herebelow. For the avoidance of any doubt, any wallet hosted by any centralised exchange, launchpad or other custodial platform, licensed or unlicensed in any jurisdiction, will be expressly excluded from any eligibility.

1.2. A “Restricted Jurisdiction” is: U.S., U.K., Canada (Ontario State), People’s Republic of China, and any other jurisdiction, Country or territory subject to any Country-wide U.N. sanction, or subject to specific restrictions by the British Virgin Islands Financial Services Commission (“FSC”). A “Restricted Person” is an individual, corporation, entity or organisation subject to specific sanctions enacted or enforced by the U.N. or by FSC, regardless of their Country of birth, citizenship, incorporation or residency.

1.3. The Participants will be eligible only for the duration of the Airdrop, which will be published clearly by the Company on its website.

1.4. The Company may employ IP filtering, GPS-based geofencing, VPN blacklisting and active whitelisting of wallet addresses through specific KYC/AML screenings to verify the eligibility of any Participant.

1.5. Any Participant that receives an Airdrop while ineligible is strictly mandated to send back to the originating Company wallet address any VDA Token received.

2. Disclaimers and liabilities

2.1. The Airdrop is not, nor it is intended to be a form of marketing, advertisement, solicitation to purchase or invest at any level or in any way in the VDA Token or in the Verida project, platform and/or any related or connected entity.

2.2. The Company disclaims any liability related to the Airdrop, including failure for any Participant to receive or subsequently use any VDA Token so distributed.

2.3. Any Participant receipt, holding and/or usage is subject to the VDA Token terms and conditions (Token T&Cs) published on the VDA Token’s issuer website, which any and all Participants acknowledge to have read, understood and accepted as a preliminary condition for participation in any way to the Airdrop.

2.4. FSC and/or any other regulatory authority anywhere has examined or approved the Airdrop and/or these Airdrop terms.

2.5. The Company in hereby further expressly disclaims its liability and shall in no case be liable to a Participant or any other person for:

a) postponement, suspension and/or abortion of the Airdrop;

b) any failure, or disruption to, the Airdrop, the operations of the Company or any other technology (including but not limited to smart contract technology) associated therewith, due to any reason, including but not limited to occurrences of hacks, mining attacks (including but not limited to double-spend attacks, majority mining power attacks and "selfish-mining" attacks), cyber-attacks, distributed denials of service, errors, vulnerabilities, defects, flaws in programming or source code or otherwise, regardless of when such failure, malfunction, breakdown, or disruption occurs;

any failure, malfunction, virus, error, bug, flaw, defect in the technology connected with or use for affecting the VDA Tokens or a Participant’s participation in the Airdrop;

c) any prohibition, restriction or regulation by any government or regulatory authority in any jurisdiction applicable to the Tokens or a Participant’s participation in the Airdrop;

d) loss of possession of the credentials for accessing, or loss or destruction of the private keys of, any wallet and/or the Participant’s designated wallet addresses, in any manner and to any extent;

e) failure to disclose information relating to the progress of the Airdrop;

f) any risks associated with a Participant’s participation in the Airdrop and/or a Participant’s use of the Tokens; and

g) all other risks, direct, indirect or ancillary, whether in relation to a Participant’s participation in the Airdrop and/or a Participant’s use of the Tokens which are not specifically or explicitly contained in or stated in these Airdrop T&Cs.

2.6. The Company shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with a Participant’s participation in the Airdrop;

3. Governing Law and Jurisdiction

3.1. These Airdrop T&Cs shall be governed by and construed in accordance with the laws of the British Virgin Islands.

3.2. Any disputes arising from or in connection with these Airdrop T&Cs shall be subject to the exclusive jurisdiction of the courts of the British Virgin Islands.

4. Miscellaneous

4.1. Intellectual Property: Participant acknowledges and agrees that all intellectual property rights related to the Airdrop and the VDA Tokens, including but not limited to trademarks, logos, and content, are the sole property of original rights owners.

4.2. Modification and Termination: the Company reserves any right to modify, suspend, or terminate the Airdrop or these Airdrop T&Cs at any time without prior notice.