Official Rules for McLaren Race Rewind Fandom Digital Collectibles for Australia and Brazil

Overview: this promotion is exclusively available to residents of Australia and Brazil. For residents of Australia, this Promotion is organized by OKX Australia Pty. Ltd. (“OKX Australia”) a company duly organized and existing under the laws of Australia For residents of Brazil, this Promotion is organized by OKX Serviços Digitais Ltda. (“OKX Brazil”) a company duly organized and existing under the laws of Brazil with its registered office at Avenida Brigadeiro Faria Lima, n. 4055, floor 4, room 113, Itaim Bibi, in the city and Estate of São Paulo, Zip Code 04538-133, Brazil, enrolled with the CNPJ/MF under nr. 50.459.025/0001-26 [and with a contact email address [email protected]]. OKX Australia and OKX Brazil are collectively referred to herein as “OKX.”

OKX will release a two-tiered NFT drop in celebration of its partnership with McLaren Racing Limited (“McLaren”). The first-tier NFTs will celebrate individual races in McLaren’s 2024 Season. The second-tier NFTs will commemorate McLaren’s 2024 Season at the year’s end. Residents of Australia and Brazil can mint NFTs to commemorate the races and the season’s end where such NFTs do not include any utility (the “Race Rewind Fandom NFTs”). You may not participate in this Promotion if you are located in any of the Restricted Jurisdictions set forth in Section 2.

Eligibility: to participate in this Promotion, you must be at least eighteen (18) years old and a resident of Australia or Brazil. For the avoidance of doubt, the following individuals are not eligible to enter, however: 

1. Residents of the Bahamas, Bangladesh, Belgium, Bolivia, Canada, China, Crimea, Cuba, Donetsk, Hong Kong, India, Iran, Iraq, Italy, Luhansk, Malaysia, Mexico, North Korea, Philippines, Singapore, Syria, Russia, Thailand, Ukraine, or Ascension, Bovet Island, Indian Ocean Territory, French Southern Territories, Heard & Mcdonald Islands, Pitcairn, Saint Pierre & Miquelon, Tajikstan, Tristan Da Cunha, US Minor Outlying Islands (Baker Island, Howland Island, Jarvis Island, Johnston Atoll, Kingman Reef, Midway Atoll, Palyra Atoll, Wake Island), Western Sahara (collectively, the “Restricted Jurisdictions”). 

2. Employees of OKX and McLaren, their  parents, affiliates, subsidiaries, promotional agencies, sales representatives, as well as the immediate family (spouse, parents, siblings, and children) and household members of those employees.

Entry Periods: the Promotion starts on 5 July 2024 and ends on 23 December 2024. The Promotion is divided into 13 entry periods, each one of which corresponds with a race McLaren Racing’s 2024 season, starting with the United Kingdom Grand Prix, plus an additional 14th post-season entry period (each, an “Entry Period”). Click here for a current schedule. Each of the first 13 Entry Periods will start at 10:00 AM GMT on the Friday before the race and end at 10:00 AM GMT on the Monday after the race. The 14^th Entry Period will start at 10:00 AM GMT on 13 December 2024 and end at 10:00 am GMT on 23 December 2024. OKX’s computer is the official time-keeping device for the Promotion.

How to Enter:

1. Click here to log in to your OKX Web3 wallet. If you do not have an OKX Web3 Wallet, you can download the OKX mobile app or desktop app from the relevant app store and make one for free. Click here for additional instructions.

2. The following details apply to Races 1 (United Kingdom Grand Prix) through 13 (Abu Dhabi Grand Prix), as further described below: The minting window for every single race in the 2024 calendar, starting from the United Kingdom Grand Prix, will open at 10am GMT on the Friday of a race weekend, and will close at 10am GMT the Monday post race day. During the minting window, the Race Rewind Fandom NFTs will appear in users’ wallets/ dashboards. Race Rewind Fandom NFTs will be automatically updated by 00:00 on the Wednesday post race to reveal the NFT design. 

3. For example, for Race 1 United Kingdom Grand Prix: The mint window will open at 10am GMT Friday 5 of July 2024 and will close at 10am GMT Monday 8 of July 2024. The Fandom NFT will be automatically updated in the users wallet by 00:00 on Wednesday 10th 2024.

4. There is a limit of one (1) entry per person per Entry Period. By entering, you represent that (a) you are not located in any of the Restricted Jurisdictions, (b) that you agree to these Official Rules and the OKX Web3 Wallet Services User Agreement, and (c) that you agree to OKX’s decisions regarding the Promotion, which are final and binding. 

Additional Requirements:

1. Limit (1) Gift per recipient per individual race (first-tier of the Promotion) and per year end commemorative event (second-tier of Promotion). 

2. Sub-accounts will not be eligible to participate or receive any rewards.

3. Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of Gift are the sole responsibility of the individual Gift recipient.

4. Please note that the value of the Gift may fluctuate and may not be equal in value at the time a recipient has the ability to withdraw based on market fluctuation. Prices of digital assets, including stablecoins, can and do fluctuate at any moment. Due to such price fluctuations, you may increase or lose value in your assets at any given moment.

Privacy and Publicity: any information you submit as part of the Promotion will be used in accordance with OKX’s Privacy Notice. By participating in the Promotion, you grant OKX permission to share any personally identifiable information for the purpose of administration and prize fulfillment.

Release and Limitations of Liability: by entering, you agree to release and hold harmless OKX, McLaren, their  parents, subsidiaries, affiliates, and agencies, and each of their respective officers, directors, employees, and agents (collectively, the “Released Parties”) from and against any claim or cause of action arising out of participation in the Promotion or receipt or use of any prize, including, but not limited to (a) unauthorized human intervention in the Promotion; (b) technical errors related to computers, servers, providers, or telephone or network lines; (c) printing errors; (d) lost, late, postage-due, misdirected, or undeliverable mail; (e) errors in the administration of the Promotion or the processing of posts; or (f) injury or damage to persons or property. You further agree that in any cause of action, in no event shall the Released Parties be liable for attorneys’ fees or other legal costs. You waive the right to claim any damages whatsoever, including, but not limited to, punitive, consequential, direct, or indirect damages.

Additional Details:

1. Ownership: ewwhen you receive a Fandom NFT in connection with the Promotion, you acknowledge and agree that while you may own such Fandom NFT, you do not own any intellectual property rights in the artwork. Ownership of all NFTs is mediated entirely by the smart contract and our blockchain network. OKX does not investigate and cannot guarantee or warrant the marketability, legality, or value of any NFT. We may not seize, freeze, or modify the ownership of any NFT.

2. General Disclaimer: the Promotion and your participation in it does not constitute and shall not be considered to be: (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy or sell securities; or (iii) financial, accounting, legal, or tax advice. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal / tax / investment professional for questions about your specific circumstances. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, can lose value, and can even become worthless. Digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns, and past performance is not indicative of future results. OKX is not responsible for any potential losses. Not all products are offered in all regions. For the full list of OKX's restricted jurisdictions and more details, please refer to the OKX Terms of Service and Risk & Compliance Disclosure.

3. Blockchain Malfunction: blockchains may be susceptible to malicious cyberattacks and may contain exploitable flaws, which may result in security breaches and the loss or theft of blockchain assets. You understand and agree that if OKX or any third party blockchain(s) cannot function properly and you are unable to access the Promotion or the NFT in your possession, including without limitation, failure, delay, interruption, lack of system response, or delayed system response, or any other abnormal and/or unexpected circumstances, OKX shall not be liable for any losses. These circumstances include but are not limited to: (i) cases where a third party blockchain(s) suspends, discontinues, and/or terminates its business, closes down, and/or abnormally suspends or terminates the services; (ii) service suspension(s) due to maintenance as announced by a third-party blockchain; (iii) the system fails to transmit data; (iv) force majeure event(s) that lead to the suspension of the third-party blockchain; (v) third-party blockchain service interruption or delay arising from hacking, computer viruses, technical adjustments or failure, website upgrades, banking issues, temporary closures arising from legal or government regulations, etc.; (vi) third-party blockchain service interruption or delay caused by its computer system being damaged, defective, or unable to normally perform; (vii) losses arising from technical problems that cannot be predicted or solved by existing technology in the industry; (viii) losses you or other third parties suffer that arise from the fault or delay of the third-party; (ix) losses you or other third parties suffer that arise from changes in laws, regulations, and/or government orders; and/or (x) losses you or other third parties suffer that arise from force majeure events caused by unforeseeable, unavoidable, and/or unsolvable objective circumstances. You understand and agree that the aforementioned reasons may lead to abnormal transactions, market interruptions, and other possible abnormal circumstances. You understand and agree that OKX shall not be liable for any losses arising from or related to any of the aforementioned circumstances.

4. No Guarantee of Specific Timing: You understand and agree that when you redeem or access your Race Rewind Fandom NFTs, the time it takes for you to receive the Race Rewind Fandom NFTs into your digital wallet may vary, and the Fandom NFT(s) received and displayed in your digital wallet shall be final. OKX is not liable for any losses as a result of the aforementioned case.

5. Wrong Address: OKX is not responsible for any losses resulting from you sending any NFTs to the wrong address(es). You shall ensure that you deposit your NFTs to the right address(es). You shall provide the correct address of your wallet that you will use to receive your NFTs. OKX shall not be liable for any losses resulting from your own fault or error, including providing an incorrect or wrong wallet address for receiving NFTs or transferring your NFTs to a wrong address.

6. OKX Reservation of Rights: OKX reserves the right to exclude any participants from this Promotion and/or cancel this Promotion without notice. OKX reserves the right to interpret the terms and conditions of this Promotion as it sees fit, and reserves the right to modify these terms and conditions at any time.

Disputes: 

1. Australia Residents: For residents of Australia, this Agreement is governed by, and shall be construed in accordance with, the laws of Australia. Any dispute, controversy, difference or claim arising out of or relating to this Agreement, 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 by arbitration administered by the Australian Centre for International Commercial Arbitration (“ACICA”) ​​https://acica.org.au/. The ACICA arbitration shall be conducted in Sydney, Australia (or any ACICA Centre which the Parties agree) before a single ACICA arbitrator, who shall be a retired judicial officer. The parties shall bear their own attorneys’ fees and costs of arbitration unless otherwise ordered by the arbitrator.  The Parties shall split the ACICA arbitrator fees and expenses equally. The ACICA Arbitration Rules, as modified by this Agreement, shall apply and the arbitration shall be conducted in English. Dispositive motions will be allowed, and the arbitrator must follow this Agreement, will have the same power to award damages and relief as a court (including fees), and will issue a binding written decision, which can be enforced by entry of judgment by any court of competent jurisdiction.

2. Brazil Residents: for residents of Brazil, this Agreement is governed by, and shall be construed in accordance with, the laws of Brazil. Any dispute, controversy, or claim arising out of or relating to this contract, 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 by arbitration. The arbitration shall be administered by the Center for Arbitration and Mediation of the Chamber of Commerce Brazil-Canada (“CAM-CCBC”) under its Rules, and the Rules’ provisions shall be an integral part of the present contract. The number of arbitrators shall be one, who shall be a retired judicial officer (judge), appointed in accordance with the Rules of the CAM-CCBC. The parties shall bear their own attorneys’ fees and costs of arbitration unless otherwise ordered by the arbitrator. The parties shall share the arbitrator fees and expenses equally.  The arbitration proceedings shall be conducted in Portuguese.

OKX is not responsible for technical, pictorial, typographical, or editorial errors or omissions. For more information, go to www.okx.com © OKX. All rights reserved.