WPAY TOKEN AIRDROP 

​

Updated: 7 October 2024

​

DISCLAIMER 

By participating in the Wirex Pay Chain Airdrop, participants (each such person a “Participant” or “you”) confirm that they have reviewed, comprehended, and agreed to these Wirex Pay Chain Airdrop Terms & Conditions in full. Participants are solely responsible for their decision to take part in the Wirex Pay Chain Airdrop and for any receipt of tokens. Participation in the Wirex Pay Chain Airdrop entails inherent risks, and Participants are advised to seek appropriate professional, legal, tax, and other counsel before participating or receiving any tokens.

By participating in the Wirex Pay Chain Airdrop, Participants expressly acknowledge and accept all associated risks, including those outlined below. Wirex Pay Chain and any affiliated third parties bear no liability for any claims, losses, damages, or other liabilities arising from or related to the Wirex Pay Chain Airdrop or the receipt of any tokens, whether in contract, tort, or otherwise.

Wirex Pay Chain assumes no responsibility for Participants' involvement in the Wirex Pay Chain Airdrop. It does not offer recommendations or advice regarding the Airdrop or the tokens. Each Participant engages in the Airdrop at their own risk and assumes full responsibility for the receipt of tokens.

​

1.    INTRODUCTION

These Wirex Pay Chain Airdrop Terms & Conditions (“Wirex Pay Chain Airdrop Terms”) govern the participation in and receipt of tokens (“WPAY Tokens”) through the airdrop program (“Airdrop”) organized by WIREX PAY CHAIN LIMITED (“Foundation”, “we” or “us”). By participating in the Wirex Pay Chain Airdrop, you agree to be bound by these Wirex Pay Chain Airdrop Terms. These Wirex Pay Chain Airdrop Terms are supplemental to, and incorporate by reference, our general Terms of Service available at docs. Wirex Pay Chain.com (“General Terms”). 

These Wirex Pay Chain Airdrop Terms govern your ability to receive or claim WPAY Tokens and to participate in the Wirex Pay Chain Airdrop. Please read these Wirex Pay Chain Airdrop Terms carefully, as they include important information about your legal rights. Please also read the Terms of Service carefully. By participating in the Wirex Pay Chain Airdrop, you are agreeing to these Wirex Pay Chain Airdrop Terms and the Terms of Service.

 

As part of the Wirex Pay Chain Airdrop Terms, you agree to the following:

a)    You represent and warrant that all information provided during the Airdrop process is true, accurate, and complete.
b)    You agree and acknowledge that (a) solely you are responsible and liable for all taxes due in connection with your participation in the Wirex Pay Chain Airdrop; and (b) you should consult a tax advisor with respect to the tax treatment of WPAY Tokens in your jurisdiction.
c)    You agree and acknowledge that you are responsible for complying with all applicable laws of the jurisdiction in which you reside or in which you are participating in the Wirex Pay Chain Airdrop and claiming WPAY Tokens.
d)    You agree that you are not (i) a Prohibited Person (as defined in the General Terms); (ii) directly or indirectly acting on behalf of a Prohibited Person; and (iii) located in or accessing the Services from a Prohibited Jurisdiction (as defined below).
e)    You agree and acknowledge that your participation in the Wirex Pay Chain Airdrop does not violate any applicable laws, including without limitation applicable economic and trade sanctions and export control laws and regulations.
f)    You agree and acknowledge that Wirex Pay Chain reserves the right to require additional information from you and to enter, use, or share such information into or with a Screening Service Provider (as defined below), and its systems, tools, or functionalities, as Wirex Pay Chain deems appropriate in its sole discretion, including to reduce the risks of money laundering, terrorist financing, sanctions violations, or other potentially illicit activity, or as otherwise necessary to address laws and regulations that may be relevant to the Wirex Pay Chain Airdrop or the Tokens. You agree to provide complete and accurate information in response to any such requests. 
g)    You agree and acknowledge that Wirex Pay Chain is not responsible and cannot be held liable for any losses, expenses, or delays resulting from inaccurate or incomplete information, and you agree to assume full responsibility for any and all risks associated therewith.
h)    Your eligibility to receive Airdrop tokens or participate in the Wirex Pay Chain Airdrop is subject to our sole discretion. The Airdrop shall be conducted during a specified period, as determined by Wirex Pay Chain in its sole discretion and announced on its website, docs.Wirex Pay Chain.com (the “Airdrop Period”). Participant must follow the instructions set forth in any Airdrop announcement and/or such other instructions as may be provided by Wirex Pay Chain from time to time to participate in the Wirex Pay Chain Airdrop. The number of Tokens allocated to each Participant will be determined by Wirex Pay Chain, in its sole discretion, and such allocation may vary among Participants. Tokens may be made available for claims after an initial period in which Participants can check eligibility for, but not claim, WPAY Tokens.
i)    You agree and acknowledge that you are not entitled to receive any WPAY Tokens and/or to participate in the Airdrop based on any documentation, commentary, calculators, metrics, and/or points systems published or otherwise made known by third parties monitoring activities on the Wirex Pay Chain Protocol (or any of its smart contracts) or providing third-party applications or services relating thereto (“Third-Party Publications and Services”). You have no claim to WPAY Tokens based on such Third-Party Publications and Services. Wirex Pay Chain does not review, control, monitor, or confirm the accuracy of information that may be provided through Third-Party Publications or Services. You agree and acknowledge that you have not engaged, and will not engage, in any activities designed to obtain WPAY Tokens, including on the basis of, or in reliance on, Third-Party Publications and Services.
j)    You agree that you are the legal owner of the Airdrop Address (as defined below) that you use to access or participate in the Wirex Pay Chain Airdrop and the Services and will not sell, assign, or transfer control of such address or the Tokens to third parties to circumvent any WPAY Token lock-up period or to knowingly redistribute Tokens to a person, IP Address (as defined below), or Airdrop Address (as defined below) that would violate these Wirex Pay Chain Airdrop Terms if claimed directly by such person, IP Address, or Airdrop Address.
k)    To participate in the Wirex Pay Chain Airdrop, you will need to enter an eligible Airdrop Address (as defined below) and/or connect a compatible third-party digital wallet (either, a “Wallet”). Failure to provide and connect an eligible Wallet may result in the forfeiture of Tokens. There may be technical limitations, delays, and/or transaction fees due or payable to third parties, such as gas fees, to receive and/or claim Tokens through your Wallet.
l)    By using a Wallet, you agree that you are using the Wallet in accordance with any terms and conditions of an applicable third-party provider of such Wallet. We do not control digital assets, including the WPAY Tokens, in your Wallet, and we accept no responsibility or liability to you in connection with your use of a Wallet. We make no representations or warranties regarding how the Airdrop or other Services will operate with, or be compatible with, any specific Wallet. YOUR FAILURE TO MAINTAIN ACCESS TO, AND THE SECURITY AND CONFIDENTIALITY OF YOUR PRIVATE KEY(S), AND/OR SEED PHRASE MAY RESULT IN YOUR DIGITAL ASSETS BEING IRREVOCABLY LOST. YOU ACKNOWLEDGE AND AGREE THAT PARTICIPATION IN THE AIRDROP REQUIRES A WPAY TOKEN COMPATIBLE WALLET. PROVIDING AN INCOMPATIBLE WALLET ADDRESS MAY RESULT IN DIGITAL ASSETS BEING IRREVOCABLY LOST.
m)    You agree and acknowledge that if you are unable to claim the Airdrop due to technical bugs, smart contract issues, gas fees, wallet incompatibilities, loss of access to a wallet or the key thereto, or for any other reason, you will have no recourse or claim against Wirex Pay Chain or any Relevant Person. In any such cases, neither Wirex Pay Chain nor any Relevant Person will bear any liability.
n)    You agree and acknowledge that claiming the Airdrop may require interaction with, reliance on, or an integration with third-party products or services (e.g., a wallet or a network or blockchain) that we do not control. In the event that you are unable to access such products, services, or integrations, or if they fail for any reason, and you are unable to participate in the Wirex Pay Chain Airdrop or claim WPAY Tokens as a result, you will have no recourse or claim against us or any Relevant  Person; and neither we nor any Relevant  Person bear(s) any responsibility or liability to you.
o)    You agree and acknowledge that your participation in the Wirex Pay Chain Airdrop is at your own risk. You agree and acknowledge that you have carefully reviewed, read, and understood the Risk Factors below.

2.    ELIGIBILITY

a)    Wirex Pay Chain, in its sole discretion, shall determine the eligibility criteria for participation in the Wirex Pay Chain Airdrop, including the amount of WPAY Tokens to be distributed to eligible Participants that satisfy certain criteria. Different eligible Participants may receive different amounts of WPAY Tokens in any particular Airdrop, depending on the criteria set forth by Wirex Pay Chain for such Airdrop. Wirex Pay Chain shall have no obligation to notify actual or potential Airdrop participants of the eligibility criteria for any Airdrop prior to, during, or after the claims are opened for such Airdrop.
b)    Wirex Pay Chain reserves the sole and absolute right to disqualify any Participant or potential Participant it deems ineligible for an Airdrop (be it under these Wirex Pay Chain Airdrop Terms or by having determined that Participant engaged in any conduct that Wirex Pay Chain considers harmful, unlawful, inappropriate, or unacceptable). Such disqualification may be appropriate if Wirex Pay Chain determines, in its sole discretion, for example, that Participant may have used multiple addresses to obscure its identity or location or to attempt to game, cheat, or hack the Airdrop, Tokens, or the Wirex Pay Chain Protocol.
c)    Participant has full legal capacity and authority to bind and agree to the Wirex Pay Chain Airdrop Terms. Participant is at least 18 years of age or is of legal age to form a binding contract under applicable laws. If Participant is acting as an employee or agent of a legal entity, and enters into the Wirex Pay Chain Airdrop Terms on behalf of the entity, Participant represents and warrants that Participant has all necessary rights and authorisations to do so.
Wirex Pay Chain may deny, in its sole discretion, any person, internet-protocol address (“IP Address”), or digital-asset, smart-contract, or protocol address (“Airdrop Address”) access to the WPAY Token Claims website (or otherwise exclude such person, IP Address, or Airdrop Address from WPAY Claims) based on data from Wirex Pay Chain’s Screening Service Provider when such data indicates such person, IP Address, or Airdrop Address may present heightened risks to Wirex Pay Chain and the Airdrop.

3.    INTERFACE DISCLAIMER

The sole official website for WPAY Claims is located at WirexPayChain.com. Your use of this website for WPAY Claims and participation in the Wirex Pay Chain Airdrop implies your acceptance of associated risks. Services are provided on an "as is" and "as available" basis. Wirex Pay Chain explicitly disclaims all warranties, whether express, implied, or statutory, including but not limited to warranties of merchantability, fitness for a particular purpose, title, and non-infringement.

Wirex Pay Chain does not guarantee that the Wirex Pay Chain Airdrop or the Services will meet your requirements or be uninterrupted, timely, secure, or error-free. Additionally, Wirex Pay Chain does not guarantee the accuracy or reliability of results obtained from using the Services, nor that any products, services, applications, information, or other materials obtained through the Services will meet your expectations.
By accessing and using the Wirex Pay Chain Airdrop or the Services, you confirm that you (a) understand the inherent risks of cryptographic and blockchain-based systems, and (b) possess a sufficient understanding of the usage, storage, and complexities of digital assets, such as WPAY Tokens. You acknowledge the highly volatile nature of digital asset markets due to factors including adoption, speculation, technology, security, and regulation. You accept the variable cost and speed of transactions on cryptographic and blockchain-based systems, which may fluctuate dramatically at any time. You also acknowledge the risk that digital assets may lose some or all of their value during the Airdrop Period, any WPAY Token lock-up period, or thereafter. Furthermore, you acknowledge the risk associated with the creation of tokens, including counterfeit versions of existing tokens or tokens falsely claiming association with certain projects, entities, or individuals.

You understand that Wirex Pay Chain bears no responsibility for these risks and cannot be held liable for any resulting losses incurred while accessing or using the Wirex Pay Chain Airdrop or the Services. Consequently, you agree to assume full responsibility for all risks associated with accessing and using the Wirex Pay Chain Airdrop and the Services.
You expressly acknowledge and agree that Wirex Pay Chain shall not be liable for any indirect, incidental, special, consequential, or exemplary damages, including damages for loss of profits, goodwill, use, data, or other intangible losses (even if Wirex Pay Chain has been advised of the possibility of such damages), whether based on contract, tort, negligence, strict liability, or otherwise, arising from: (a) your use or inability to use the Wirex Pay Chain Airdrop or the Services; (b) the cost of procurement of substitute goods and services resulting from any goods, data, information, or services purchased or obtained or messages received or transactions entered into through or from the Wirex Pay Chain Airdrop or the Services; (c) unauthorized access to or alteration of your transmissions or data; (d) statements or conduct of any third party on the Services; or (e) any other matter relating to the Wirex Pay Chain Airdrop or the Services.

4.    NO PROFESSIONAL ADVICE

All information provided on the website, through the Wirex Pay Chain Airdrop or the Services, or by Wirex Pay Chain, is intended solely for informational purposes and should not be construed as professional advice. You should not take any action or refrain from taking action based on any information found on the website or obtained through the Wirex Pay Chain Airdrop or the Services. Prior to making any financial, legal, tax, or other decisions concerning the Wirex Pay Chain Airdrop or the Services, it is recommended that you seek independent professional advice from a licensed and qualified individual in the relevant area.

5.    LIMITATION OF LIABILITY

You acknowledge and agree that, to the fullest extent permitted by applicable law, Wirex Pay Chain, its affiliates, and their respective officers, directors, and employees shall not be liable for any claim, damages, or other liability, whether in action or in tort, arising from or in connection with your participation in the Airdrop.

You acknowledge and agree that, to the fullest extent permitted by applicable law, Wirex Pay Chain, its affiliates, and their respective officers, directors, and employees shall not be liable for any claim, damages, or other liability, whether in action or in tort, arising from or in connection with your use or inability to use the Website, or any website linked to this Website, or any content provided on the Website or those other websites.

You accept and acknowledge the risks associated with participating in the Airdrop, including, but not limited to, hardware and software failures, internet connectivity issues, risks of malicious software, loss of rewards, and security risks. You further acknowledge that Wirex Pay Chain will not be responsible for any losses, failures, disruptions, errors, distortions, or delays you may encounter during your participation in the Airdrop, regardless of cause. Wirex Pay Chain disclaims all liability and will not be liable to you for any losses incurred from your participation in the Airdrop.

We also disclaim all liability arising from any reliance placed on the materials provided on the Website, including content provided by third parties. Links to other websites are provided for your convenience only. We do not make any representations or warranties regarding the continuous, uninterrupted, timely, or error-free access to or participation in the Airdrop.

Some jurisdictions may not permit certain disclaimers of warranties or limitations on liability. Any disclaimers or limitations that are lawful in your jurisdiction will apply to you, and our liability will be limited to the maximum extent permitted by law.

6.    INDEMNIFICATION AND RELEASE

You agree to defend, indemnify, and hold harmless Wirex Pay Chain, its affiliates, and their respective officers, employees, directors, service providers, licensors, and agents from any losses, damages, expenses (including reasonable legal fees), rights, claims, actions of any kind, and injuries (including death) arising out of or related to your use of the Services, your connection to the Service, your violation of these Terms of Use, or your violation of any rights of another party. Wirex Pay Chain will notify you of any such claim, lawsuit, or proceeding. Wirex Pay Chain reserves the right to assume the exclusive defense and control of any matter subject to indemnification under this section, and you agree to cooperate with any reasonable requests to assist Wirex Pay Chain's defense of such matter.
You expressly agree to assume all risks associated with participating in the Airdrop. Furthermore, you explicitly waive and release us from any liability, claims, causes of action, or damages arising from or related to your participation in the Airdrop.

7.    JURISDICTION AND GOVERNING LAW 

The parties will make good faith efforts to mutually resolve any and all disputes, whether legal or factual, and of any nature whatsoever arising from or related to these Terms. These Terms, and any dispute or claim arising out of or in connection with the Airdrop or Tokens, shall be governed by and interpreted in accordance with the laws of the British Virgin Islands.
If a dispute remains unresolved after good faith negotiations, either party may refer it to final and binding arbitration. Any dispute arising from or related to these Terms is strictly personal between you and us and will be resolved solely through individual arbitration. Class arbitration, class actions, or any other form of representative proceeding are not permitted. No arbitration will proceed on a class basis, and an individual may not bring a dispute on behalf of another individual or group of individuals.

8.    ENTIRE AGREEMENT

These Wirex Pay Chain Airdrop Terms and the General Terms contain the entire agreement between you and Wirex Pay Chain regarding the Wirex Pay Chain Airdrop and supersede all prior and contemporaneous understandings between the parties regarding the Wirex Pay Chain Airdrop.

9.    TERM AMENDMENT 

 We may modify these Wirex Pay Chain Airdrop Terms from time to time in which case we will update the “Last Revised” date at the top of these Wirex Pay Chain Airdrop Terms. The updated Wirex Pay Chain Airdrop Terms will be effective as of the time of posting, or such later date as may be specified in the updated Wirex Pay Chain Airdrop Terms. Your continued access or participation in the Wirex Pay Chain Airdrop after the modifications have become effective will be deemed your acceptance of the modified Wirex Pay Chain Airdrop Terms.

10.    SEVERABILITY

If any term, clause, or provision of these Wirex Pay Chain Airdrop Terms is found to be illegal, invalid, void, or unenforceable (in whole or in part), that specific term, clause, or provision shall be deemed severable from the Wirex Pay Chain Airdrop Terms without affecting the validity or enforceability of the remaining parts of that term, clause, or provision, or any other terms, clauses, or provisions within the Wirex Pay Chain Airdrop Terms, which shall continue to remain in full force and effect. Any invalid or unenforceable provisions will be construed to reflect the intentions of the original provisions. If such construction is not feasible, the invalid or unenforceable provision shall be severed from the Wirex Pay Chain Airdrop Terms, while the remainder of the Wirex Pay Chain Airdrop Terms shall remain valid and enforceable.

11.    RISK FACTORS

Claiming, using, transacting in, holding, purchasing or selling the WPAY token (the "Token") involves significant risks, including but not limited to those described below. You should carefully consider these risks, together with all other information in these Wirex Pay Chain Airdrop Terms, before engaging with the Wirex Pay Chain Airdrop Token.

a)    Protocol Risks: 
The Wirex Pay Chain Protocol (the "Protocol") may not function as intended or be further developed as planned.  Smart contracts may contain vulnerabilities, bugs, or flaws that could result in loss of digital assets. Token transactions on the Protocol are generally irrevocable and may not be reversible in cases of error, fraud, or theft. Future Protocol upgrades and governance may be outside Wirex Pay Chain's control. The Protocol may not generate sufficient user interest or engagement to remain viable. Events affecting Wirex Pay Chain, such as software flaws, hard forks, or quantum computing threats, may adversely impact the Protocol. Concentration of staked digital assets may pose governance and economic risks.
b)    Token Risks: 
There is no established market for the Token, and liquidity may be limited. The Token supply may increase, potentially leading to inflation. Secondary market activities may adversely affect Token value and usability. The Token may incorporate experimental features and upgrades. Decentralized governance may lead to decisions adverse to Token holders.
c)    Legal and Regulatory Risks:
Changes in laws and regulations governing blockchain technology may adversely affect the Protocol and Token. The Token or related transactions may be classified as securities or regulated financial instruments. The Protocol or Token may be used to facilitate illegal activities. Activities related to the Protocol or Token may violate sanctions regulations. Token holders may be deemed to have entered into an unincorporated association. The tax treatment of digital assets, including the Token, is uncertain.
d)    Operational Risks: 

The Protocol and Token face competition from other protocols and platforms. The Protocol, Token, or related systems may be vulnerable to security breaches or attacks. Decentralized operations may result in inefficiencies and delays. Unanticipated risks may emerge as the technology evolves. Users may be targeted by fraudulent impersonation attempts. Risks related to Wirex Pay Chain's GPU Cloud Infrastructure business may indirectly affect the Protocol or Token.

The risks described above are not exhaustive. Additional risks not presently known or that are currently considered immaterial may also materially and adversely affect the Protocol, the Token, Wirex Pay Chain, or Token holders. The occurrence of any of these risks may cause you to lose all or part of your investment in the Token.

How to Contact Us.

You may contact us regarding the Services or these Terms by e-mail at support@WirexPayChain.com.