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Alpha release of NakamotoX is out now! For trading and participation in the contest, please register on https://alpha.trading.nakamotox.com

Terms of service

TERMS

These terms (“Terms”) set out the terms and conditions under which NAKAMOTOX LTD (“NAKAMOTOX”) operates alpha version of the site www.nakamotox.com (“Site”) and organizes trading contest for prizes (“Contest”).

By using the Site, you acknowledge that you have read, understand, and completely agree to these Terms.

ALPHA VERSION

The Site will be a platform that provides a way to trade certain legal tender for digital assets (or digital asset for another type of digital asset) by matching user’s trades with open orders from other users.

Alpha version of the Site (“Alpha”) is an early version of the aforementioned platform WHICH DOES NOT INCLUDE TRADING OF REAL LEGAL TENDERS AND REAL DIGITAL ASSETS. The subject of the Alpha is exclusively trading simulation. Any names of legal tenders and digital assets used on Alpha are for the simulation/testing purposes only and don’t represent any right to legal tenders or digital assets.

You acknowledge that the Alpha may contain errors affecting its proper operation and is provided to you AS IS and that it may contain more, fewer, or different features than will be contained in commercial release corresponding to the Alpha that NAKAMOTOX intends to operate.

NAKAMOTOX reserves the right at any time not to release a commercial version corresponding to the Alpha, or if we do release such a commercial version, to alter features, specifications, capabilities, functions, licensing terms, release dates, general availability, or other characteristics of such commercial release. You also acknowledge that the commercial release of the Site may be limited to participants from specific countries.

A primary purpose of the Alpha is to obtain feedback on the platform’s performance and the identification of defects.

ELIGIBILITY

Entry into the Alpha is open to both UK and non-UK residents. To be eligible for the Alpha you must be 18 years of age or older and have the capacity to contract under applicable law.

Entry into the Alpha is limited to first 10.000 users registered on the Site.

Each participant may have only one account. You cannot enter the Contest with more than one email address. In the case of multiple entries, the participant may be disqualified from participation at the sole discretion of NAKAMOTOX.

Entry into the Alpha and Contest is free. No purchase of any service and no payment is necessary in order to enter the Alpha and Contest.

CONTEST AND PRIZES

The Contest will begin on 26th 2017, 18:00 CET and finish at the moment specified and announced via email or NAKAMOTOX website at least 4 days in advance.

The following rules will be applied to the Contest:

  • After registration, each participant will be credited with the same amount of digital asset substitutes and legal tender substitutes (for the Alpha trading and simulation purposes only).
  • All participants are allowed to trade with their credited asset substitutes and use all features and functions available in the Alpha.

Winners of the Contest will be determined as follows:

  • At the moment of the Contest end will be all participants lined up according to the total net worth of their account (described in EUR). The more your account is worth the more successful you are in the Contest. Five most successful participants will be winners of the Contest.
  • All exchange rates (for the purpose of calculating the total net worth in EUR) will be obtained from the rates of last realized trades in the Alpha (at the moment of Contest end).

The prizes awarded in respect of the Contest ("Prizes") will be at the discretion of the NAKAMOTOX. We reserve the right to alter, amend or not to award the Prizes where circumstances beyond its reasonable control require it to do so.

  • The first Prize will be: 1 bitcoin (BTC)
  • The second Prize will be: 5 ethers (ETH)
  • The third Prize will be: 2 ethers (ETH)
  • The fourth Prize will be: 1 ether (ETH)
  • The fifth Prize will be: HW wallet - Trezor

WINNERS NOTIFICATION

All winners will be notified within 1 week of end of the Contest. Proof of age will be required for all winners. NAKAMOTOX may also require additional identification information.

The Prizes are non-exchangeable, non-transferable, and are not redeemable for cash or other prizes.

The first, second, third and fourth Prize will be credited to the account on the Site or sent to the cryptocurrency wallet addresses of the winners (at the discretion of NAKAMOTOX). The fifth Prize will be sent to the winner by post to the address provided by the winner in written upon NAKAMOTOX´s request.

The winners may be required to take part in promotional activity related to the Contest and shall participate in such activity on NAKAMOTOX’s reasonable request.

PERSONAL INFORMATION

Any personal information which you submit will be controlled in accordance with the NAKAMOTOX's privacy policy and all UK legislation governing the same. More information about processing personal information can be found in our privacy policy. By using the Site, you confirm that you have read and understood the privacy policy.

LICENSE

NAKAMOTOX grants you a limited, non-exclusive, non-transferable license, subject to these Terms, to access and use the Site, and the content, materials, information, and functionality available in connection therewith solely for information, transactional, or other approved purposes as expressly permitted by NAKAMOTOX. Any other use of the Site is expressly prohibited. You will not copy, transmit, distribute, sell, resell, license, de-compile, reverse engineer, disassemble, modify, publish, participate in the transfer or sale of, create derivative works from, perform, display, incorporate into another website, or in any other way exploit any of the content or any other part of the Site or any derivative works thereof, in whole or in part for commercial or non-commercial purposes.

GENERAL

The Contest is void where prohibited by law. You are required to avoid any form of participation in the Contest if you are prohibited by any applicable law to do so.

If NAKAMOTOX observes any suspicious transactions, we can temporarily suspend the user activity for investigation purposes; in case of cheating, the account will be deleted while the user will be banned from the Contest.

NAKAMOTOX reserves the right at its sole discretion to disqualify individuals who violate these Terms, misrepresent themselves or provide misleading information.

NAKAMOTOX reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, the Contest with or without prior notice due to reasons outside its control (including, without limitation, in the case of anticipated, suspected or actual fraud). The decision of NAKAMOTOX in all matters under its control is final and binding.

These Terms are governed by English Law. This means that the 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), will be governed by English Law. The parties agree to irrevocably submit to the exclusive jurisdiction of the English Courts.

In no event shall NAKAMOTOX or its affiliates be liable for any direct, indirect, incidental, special, or consequential damages, or loss of profits, incurred by users of the Site or any third party, whether based on warranty or in contract, tort, or other legal theory, and whether or not advised of the possibilities of such damages, arising from the use of Site and Contest.

These Terms may be issued in several languages. In case of discrepancies the English wording shall prevail.