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Rules of Nexo Dividends Giveaway 2020 Twitter Raffle

1. General Rules

1.1. Nexo Dividends Giveaway 2020 Twitter Raffle (hereinafter referred to as “the Raffle”) is organized by Nexo Capital Inc., a Cayman Islands company, with its registration number MT-332370, having its registered office at Two Artillery Court, 2nd Floor, 161 Shedden Road, George Town, P.O Box 799, KY1-1103, Cayman Islands (hereinafter referred to as “the Organizer” or “Nexo”).

1.2. The Raffle shall be conducted within the period from 13:00 UTC on 06.08.2020 until 19:00 UTC on 13.08.2020 (hereinafter referred to as “the Raffle Period”) and shall be divided into 3 (separate) draws based on 3 (three) tweets in the official Nexo Twitter profile posted on 06.08.2020, 10.08.2020 and 12.08.2020 (separately referred to as “the Tweet”, and collectively as “the Tweets”).

1.3. The organization and conduct of the Raffle, as well as the participation therein, shall be governed by the terms and conditions of the present Rules of Nexo Dividends Giveaway 2020 Twitter Raffle (hereinafter referred to as “the Rules”), available in each Tweet.

1.4. “Nexo Platform” means the Organizer’s website: https://nexo.io/, mobile application, official Twitter channel and any other official Nexo communication channel, including the content and services made available on or through the same, and any updates, upgrades and versions thereof.

2. Right of Participation

2.1. Every individual aged at least 18, who complies with all the terms and conditions of the Rules, is eligible to participate in the Raffle (hereinafter referred to as “the Participant”).

2.2. Employees of the Organizer and employees of the Organizer’s affiliated entities, as well as members of the families of such employees, are not eligible to participate in the Raffle.

2.3. By participating in the Raffle, every Participant declares his/her full and unconditional consent to the Rules and agrees to accept as final and binding all Organizer’s decisions with regard to the Raffle.

3. Mechanism

3.1. Every Participant enters the Raffle and can win a prize only when he/she has followed Nexo on Twitter, retweeted and liked the Tweet from his/her own Twitter profile within a period of 24 hours from posting the Tweet.

3.2. Every Participant shall be eligible to participate from his/her own Twitter profile only once per Tweet. Every Participant shall be eligible to receive only one prize per Tweet, up to 3 (three) prizes jointly for the Raffle. In case any Participant uses fraudulent methods or otherwise attempts to circumvent the Rules, all his/her entries, at the sole discretion of the Organizer, may be disqualified from participation in the Raffle.

4. Prizes

4.1. The Organizer will conduct for each Tweet separate draw (separately referred to as “the Draw”, and collectively as “the Draws”) of the following prizes:

4.2. Requests for cash or another prize substitution, as well as requests for transfer or assignment of the prize to third parties shall not be allowed and considered by the Organizer. Actual or appraised value of the prize may differ at the time of the prize award or delivery.

5. Winner Selection and Notification

5.1. The winners (separately referred to as “the Winner”, and collectively as “the Winners”) will be randomly selected from all entries eligible for the Draw. The Organizer will conduct each Draw and announce the Winners until 19:00 UTC on:

The Winners will be announced by a new tweet posted in the official Nexo Twitter profile within the above term. Within 5 (five) days following each Draw the Winners will be personally notified via Twitter message with a link for scheduling the delivery of the prize.

5.2. The Organizer shall have no liability for the Winner’s failure to receive notices due to spam, junk e-mail or other security settings or for the Winner’s provision of incorrect or otherwise non-functioning contact information. If the Winner cannot be contacted, is ineligible, fails to claim the prize within 5 (five) days as of the time of sending the Twitter message, the Organizer, at its sole discretion, may invalidate the Winner selection and select an alternate Winner.

5.3. The Winner shall be fully and solely responsible for: (i) any and all prize-related expenses, including without limitation any and all federal, state, and/or local taxes, any fees or sanctions imposed in this regard; (ii) ensuring his/her compliance with any and all applicable federal, state, and local laws and regulations in regard to the prize receipt.

ANY VIOLATION OF THE RULES BY THE WINNER WILL RESULT IN THE WINNER’S DISQUALIFICATION AS A WINNER OF THE RAFFLE.

6. Rights Granted by the Participants

6.1. By entering the Raffle every Participant declares his/her full and unconditional consent that he/she understands and agrees that the Organizer shall have the right, where permitted by law, to print, publish, broadcast, distribute, and use in any media, in perpetuity and throughout the world, without limitation, the Winner’s entry, name, image in social media and networks, social media likeness and followings, statements about the Raffle, and any information visible in social media profiles, without any further compensation, notice, review or consent.

7. Rights Reserved by the Organizer

7.1. The Organizer reserves the right, at its sole discretion, to cancel, terminate, modify or suspend the Raffle should virus, bug, non-authorized human intervention, fraud, or other cause beyond the Organizer’s control corrupts or affects the administration, security, fairness, or proper conduct of the Raffle. In such a case, the Organizer may select Winners from all eligible entries received prior to the action taken by the Organizer.

7.2. The Organizer reserves the right, at its sole discretion, to disqualify any individual who tampers or attempts to tamper with the entry process or the operation of the Raffle or the Nexo Platform or violates the Rules. The Organizer has the right, at its sole discretion, to maintain the integrity of the Raffle, to void votes for any reason, including, but not limited to the use of bots, macros, scripts, or other technical means for entering. Any attempt by a Participant to deliberately damage the Nexo Platform or undermine the legitimate operation of the Raffle may represent a violation of criminal and civil laws. Should such an attempt be made, the Organizer reserves the right to seek damages to the fullest extent permitted by law.

8. Privacy

8.1. The Organizer is a personal data controller and in such a capacity, it processes personal data and performs all its related obligations in accordance with the applicable data protection laws and the Organizer’s Privacy Policy.

8.2. By registering a Nexo Account, the Participant provides the Organizer with all data required for registration, including but not limited to names, government issued identification document, e-mail, phone number, bank account, where applicable, and grants his/her explicit and unconditional consent to the Organizer to use this personal data for the purposes of registration and maintenance of the Nexo Account. By entering the Raffle, the Participant grants his/her explicit and unconditional consent to the Organizer to use the personal data, specified in the previous sentence, for the purposes of organization and conduct of the Raffle, as well as for scheduling the delivery of the prize by third parties processors.

8.3. The legal grounds for data processing shall be explicit consent for participating in a marketing activity.

8.4. In the event the Organizer receives a request for restricting processing of the Participant’s personal data, the Organizer shall discontinue processing his/her personal data and shall disqualify the Participant’s entry or entries in the Raffle.

9. Others

9.1. The Organizer, at its sole discretion, at any time during the Raffle Period, can amend the Rules, whereas all amendments shall become effective as of the date of publication of the amended version of the Rules in the Tweet.

9.2. The relation between the Participants and the Organizer shall be governed by the present Rules, the Nexo Crypto Credit General Terms and Conditions and/or Nexo Earn Interest Product General Terms and Conditions, where applicable, and the laws of England and Wales. Any dispute arising out of or in connection with the Raffle, unless settled amicably between the Organizer and the relevant Participant, shall be referred for settlement to the competent court in London, UK.

9.3. By entering the Raffle, every Participant declares that he/she has affirmatively reviewed, accepted, and consented to all terms and conditions of the Rules.