Mind Network Airdrop Terms of Service
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Effective Date: [April 3, 2025]
Last Updated: [April 4, 2025]
PLEASE READ THESE TERMS OF SERVICE CAREFULLY. BY PARTICIPATING IN THE MIND NETWORK FHE TOKEN AIRDROP, YOU AGREE TO BE BOUND BY THESE TERMS AND ALL TERMS INCORPORATED BY REFERENCE. IF YOU DO NOT AGREE TO THESE TERMS, DO NOT PARTICIPATE IN THE AIRDROP.
These Terms of Service ("Terms") govern your participation in the FHE Token airdrop campaign (the "Airdrop") organised and administered by [Mind Network] ("Mind Network," "we," "us," or "our"). These Terms constitute a legally binding agreement between Mind Network and you, the participant ("Participant," "you," or "your").
1. Introduction and Acceptance
1.1. Purpose: The Airdrop is designed to distribute FHE Tokens ("Tokens") to eligible participants as a means of promoting awareness, rewarding community engagement, and fostering the growth of the Mind Network ecosystem.
1.2. Agreement: By participating in any activities related to the Airdrop, connecting your wallet, or otherwise engaging with the Airdrop process, you acknowledge that you have read, understood, and unconditionally agree to be bound by these Terms, as they may be amended from time to time. You also agree to comply with any additional rules or guidelines specific to Airdrop-related activities announced by Mind Network.
1.3. Privacy Policy: Your participation is also subject to our and , which details how we collect, use, and protect your information. Please review it carefully.
2. Eligibility Criteria
2.1. To be eligible to participate in the Airdrop and receive Tokens, you must meet all of the following criteria throughout the Airdrop period:
a) Age: Be at least 18 years old or the age of legal majority in your jurisdiction of residence, whichever is greater.
b) Legal Capacity: Have the full legal capacity to enter into and comply with these Terms.
c) Jurisdictional Restrictions: Not be a citizen, resident (tax or otherwise), or green card holder of, nor be located in, any jurisdiction where participation in token airdrops, or the holding or receiving of cryptographic tokens is prohibited, restricted, or requires registration or licensing of any kind. Such restricted jurisdictions include, but are not limited to, the United States of America (including its territories), the People's Republic of China (Mainland), North Korea, Iran, Syria, Cuba, the Crimea region of Ukraine, and any other jurisdiction subject to comprehensive economic sanctions by relevant authorities (e.g., UN, OFAC, EU). You are solely responsible for ensuring your participation is lawful in your jurisdiction.
d) Sanctions Lists: Not be listed on any sanctions list maintained by the United Nations, the U.S. Department of Treasury's Office of Foreign Assets Control (OFAC), the European Union, HM Treasury (UK), or any other relevant governmental authority.
e) Wallet Requirement: Possess and use a valid, functional, self-custodied blockchain wallet address compatible with the network on which the FHE Tokens are distributed (e.g., compatible with ERC-20 if applicable). You are solely responsible for the security and control of your private keys and wallet. Mind Network is not responsible for lost or inaccessible wallets. Wallet addresses from centralised exchanges are generally not suitable and may result in the inability to claim or receive Tokens.
f) Compliance: Comply fully with these Terms and any other rules or requirements announced by Mind Network in connection with the Airdrop.
2.2. Verification: Mind Network reserves the right, at its sole discretion, to implement verification procedures (which may include Know Your Customer (KYC) or Anti-Money Laundering (AML) checks) at any stage to confirm eligibility. Failure to comply with verification requests may result in disqualification.
3. Airdrop Mechanics and Token Distribution
3.1. Participation Activities: Eligibility for receiving Tokens and the quantity of Tokens allocated may be determined based on various criteria and participant actions, as defined and announced by Mind Network through its official channels (e.g., official website, blog, social media). Such activities may include, but are not limited to:
a) Holding or staking specific digital assets.
b) Participating in Mind Network governance or voting mechanisms.
c) Completing specific tasks or social engagement campaigns.
d) Referring new eligible participants.
e) Interaction with Mind Network protocols, mainnet or testnets.
f) Historical activity within the Mind Network ecosystem or related ecosystems (based on blockchain snapshots).
3.2. Determination of Eligibility and Allocation: Mind Network retains sole and absolute discretion in determining eligibility criteria, the methods for calculating Token allocations, the timing of any required snapshots or measurements, and the final allocation amounts for each participant. Decisions made by Mind Network regarding eligibility and allocation are final and binding.
3.3. Claiming Process: Tokens may need to be actively claimed by eligible participants through a process specified by Mind Network. Failure to claim Tokens within the designated timeframe and according to the specified procedure may result in forfeiture of the Tokens. Details regarding the claiming process, including deadlines and technical requirements, will be announced through official Mind Network channels.
3.4. Vesting and Lock-ups: Allocated Tokens may be subject to vesting schedules, lock-up periods, or other conditions restricting their immediate transferability or use, as determined by Mind Network and communicated prior to or during the distribution. Participants agree to abide by any such restrictions.
3.5. No Guarantee: Participation in Airdrop-related activities does not guarantee an allocation of Tokens. Mind Network makes no representations or warranties regarding the allocation or value of any Tokens.
4. Prohibited Conduct
4.1. Participants are strictly prohibited from engaging in any of the following activities:
a) Using any automated means (bots, scripts, spiders) to participate in the Airdrop, interact with related systems, or attempt to gain an unfair advantage.
b) Creating multiple accounts or using multiple wallet addresses to illegitimately increase potential Token allocation (Sybil attacks).
c) Providing false, inaccurate, or misleading information during registration, verification, or participation.
d) Engaging in any fraudulent, deceptive, or manipulative activity in connection with the Airdrop.
e) Attempting to interfere with, disrupt, or compromise the integrity or security of the Airdrop mechanism, Mind Network's website, smart contracts, or related systems.
f) Violating any applicable laws or regulations.
g) Any other conduct deemed by Mind Network, in its sole discretion, to be harmful, unethical, or contrary to the spirit of the Airdrop.
4.2. Consequences: Violation of these Terms or engagement in prohibited conduct may result in immediate disqualification from the Airdrop, forfeiture of any potential or allocated Tokens, and potential legal action.
5. Disclaimers and Risk Acknowledgement
5.1. No Guarantees: Mind Network does not guarantee that any participant will receive Tokens. The Airdrop is conducted at the sole discretion of Mind Network, which reserves the right to modify, suspend, postpone, or cancel the Airdrop, in whole or in part, at any time and for any reason, with or without prior notice. Reasons for modification or cancellation may include, but are not limited to, technical difficulties, security concerns, legal or regulatory changes, or suspected fraudulent activity.
5.2. Tokens "As Is": Any Tokens distributed are provided on an "as is" and "as available" basis, without warranties of any kind, either express or implied. Mind Network disclaims all warranties, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement.
5.3. No Investment Advice: Information provided regarding the Airdrop and the FHE Tokens (including in these Terms, on our website, or through other communications) is for informational purposes only and does not constitute financial, investment, legal, tax, or any other form of professional advice. FHE Tokens are utility tokens designed for use within the Mind Network ecosystem and are not intended to be securities, investment contracts, or financial instruments. Participation in the Airdrop does not represent an investment. You should consult with qualified professionals before making any decisions related to receiving, holding, or transacting FHE Tokens.
5.4. Token Value: Mind Network makes no representations or warranties regarding the present or future value, utility, or transferability of the FHE Tokens. The value of cryptographic tokens can be extremely volatile and may decrease to zero.
5.5. Regulatory Uncertainty: The regulatory landscape for cryptographic tokens and blockchain technology is evolving and uncertain. New regulations or policies may materially adversely affect the utility, transferability, or value of the FHE Tokens.
6. Limitation of Liability
6.1. To the fullest extent permitted by applicable law, Mind Network, its affiliates, directors, officers, employees, agents, and suppliers ("Mind Network Parties") shall not be liable for any indirect, incidental, special, consequential, punitive, or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data, or other intangible losses, arising out of or in connection with:
a) Your participation in or inability to participate in the Airdrop.
b) The receipt, holding, use, or loss of FHE Tokens.
c) Any errors, inaccuracies, or omissions in information provided by Mind Network.
d) Technical failures, including but not limited to, blockchain network congestion, smart contract errors or vulnerabilities, wallet malfunctions, internet connection issues, or failures of third-party services.
e) Incorrect wallet addresses provided by participants or loss of access to wallets.
f) Any actions or decisions made based on information related to the Airdrop or Tokens.
g) Modification, suspension, or cancellation of the Airdrop.
6.2. To the fullest extent permitted by applicable law, the total aggregate liability of the Mind Network Parties arising out of or relating to these Terms or the Airdrop shall not exceed one hundred US dollars (USD $100).
6.3. Some jurisdictions do not allow the exclusion or limitation of certain damages, so the above limitations may not apply to you.
7. Indemnification
7.1. You agree to indemnify, defend, and hold harmless the Mind Network Parties from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or related to:
a) Your breach of these Terms.
b) Your violation of any applicable law, regulation, or rights of any third party.
c) Your participation in the Airdrop.
d) Any taxes arising from your receipt or ownership of FHE Tokens.
e) Your use or misuse of any FHE Tokens received.
8. Taxes
8.1. Participants are solely responsible for determining and complying with any and all tax obligations arising from their participation in the Airdrop and the receipt, ownership, or disposition of FHE Tokens in their respective jurisdictions. Mind Network makes no representations regarding the tax consequences of the Airdrop and will not be responsible for withholding, collecting, reporting, or remitting any taxes on behalf of participants. Participants should consult their own tax advisors.
9. Intellectual Property
9.1. Mind Network retains all rights, title, and interest in and to its intellectual property, including but not limited to trademarks, logos, software, website content, and the design of the Airdrop campaign. Participation in the Airdrop does not grant participants any license or rights to Mind Network's intellectual property, except for the limited right to participate in the Airdrop according to these Terms.
10. Amendments
10.1. Mind Network reserves the right to amend or modify these Terms at any time in its sole discretion. If we make changes, we will provide notice of such changes, such as by sending an email notification, providing notice through our website or official channels, or updating the "Last Updated" date at the beginning of these Terms. Your continued participation in the Airdrop after the modified Terms have been posted will constitute your acceptance of the changes. If you do not agree to the modified Terms, you must cease participation in the Airdrop.
11. Governing Law and Dispute Resolution
11.1. Governing Law: These Terms and any dispute or claim arising out of or in connection with them or their subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws, without regard to its conflict of law principles.
11.2. Dispute Resolution: Any dispute, controversy, difference, or claim arising out of or relating to these Terms, including the existence, validity, interpretation, performance, breach, or termination thereof, or any dispute regarding non-contractual obligations arising out of or relating to it, shall be referred to and finally resolved according to the law.
12. Miscellaneous
12.1. Entire Agreement: These Terms, together with any other documents or terms incorporated by reference (like the Privacy Policy), constitute the entire agreement between you and Mind Network regarding your participation in the Airdrop and supersede all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral.
12.2. Severability: If any provision of these Terms is determined to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.
12.3. No Waiver: The failure of Mind Network to exercise or enforce any right or provision of these Terms shall not constitute a waiver of such right or provision. Any waiver of any provision of these Terms will be effective only if in writing and signed by Mind Network.
12.4. Assignment: You may not assign or transfer any of your rights or obligations under these Terms without the prior written consent of Mind Network. Mind Network may assign or transfer its rights and obligations under these Terms without restriction.
12.5. No Third-Party Beneficiaries: These Terms are for the benefit of, and will be enforceable by, the parties only. These Terms are not intended to confer any rights or benefits on any third party.
12.6. Force Majeure: Mind Network shall not be liable for any failure or delay in performance under these Terms resulting from acts beyond its reasonable control, including but not limited to acts of God, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, pandemics, network infrastructure failures, strikes, or shortages of transportation facilities, fuel, energy, labor, or materials.
12.7. Contact Information: For any questions regarding these Terms or the Airdrop, please contact Mind Network through official channels.