Airdrop Terms
Last Revised on 8 May, 2025
Welcome to the Token Airdrop Terms (these “Airdrop Terms”) for the $RESOLV token (“Token”) airdrop (the “Airdrop”) by Resolv Foundation (“Organization”, “we” or “us”). These Airdrop Terms are supplemental to, and incorporate by reference, our general Terms of Service (“General Terms”) available at https://docs.resolv.xyz/litepaper/resources/terms-of-service. Capitalized terms used but not defined herein have the meaning set forth in the General Terms. The Airdrop, and your participation in it, is a Site Service as defined under the General Terms.
These Airdrop Terms govern your ability to use our Site Services in order to participate in the Airdrop. Please read these Airdrop Terms carefully, as they include important information about your legal rights. By participating in the Airdrop or claiming Tokens, you are agreeing to these Airdrop Terms. If you do not understand or agree to these Airdrop Terms, please do not participate in the Airdrop.
SECTION 8 OF THE GENERAL TERMS CONTAINS A JURY TRIAL WAIVER AND CLASS ACTION WAIVER. PLEASE REVIEW SUCH CLAUSES CAREFULLY, SINCE IT AFFECTS YOUR RIGHTS. BY AGREEING TO THESE AIRDROP TERMS, YOU AGREE TO WAIVE YOUR RIGHT TO A JURY TRIAL AND TO PARTICIPATE IN CLASS ACTIONS, CLASS ARBITRATIONS OR REPRESENTATIVE ACTIONS, AS SET FORTH IN THE GENERAL TERMS.
1. You agree and acknowledge that you are solely responsible for complying with all applicable laws of the jurisdiction you reside in or where you are participating in the Airdrop.
2. You represent and warrant that all information provided by you during the Airdrop process is true, accurate and complete.
3. The Airdrop will take place within one or more designated timeframes, as determined by us in our sole discretion and communicated on our website. If you fail to claim Tokens within the designated timeframe(s), you may not be eligible to participate in the Airdrop or claim Tokens otherwise.
4. Your eligibility to receive Tokens through the Airdrop is subject to our sole discretion, including, without limitation, the amount of Tokens to be distributed to you. Your participation in any points system released by us, our affiliates or any other third party from time to time does not entitle you to any Tokens or to participate in the Airdrop and therefore you have no contractual claim for any such Tokens. You agree not to access the Airdrop through more than one Digital Wallet or use any Digital Wallet on a one-time, “throwaway” basis, and the Organization reserves the right to not issue Tokens in the Airdrop to any Digital Wallet if it determines that such Digital Wallet is duplicative.
5. You agree that there has been no prior public market for the Tokens, and that a public market for the Tokens may never exist. Even if a public market does eventually exist, you may not be able to freely sell your Tokens. If you can freely sell your Tokens in a public market at a future time, the depth and volume in that market may be insufficient for you to sell such Tokens.
6. You agree and acknowledge that you are not eligible to participate in the Airdrop if you are a resident of the United States or a Prohibited Person. You will not use a VPN or other tool to circumvent any geoblock or other restrictions that we may have implemented for Airdrop recipients. Any such circumvention, or attempted circumvention, may permanently disqualify you from participation in the Airdrop, as determined in our discretion. You represent that you are the legal owner of the Digital Wallet Address that you use to access or participate in the Airdrop and that you are not accessing the Airdrop on behalf of any third party.
7. To participate in the Airdrop, you will need to connect a compatible Digital Wallet. By using a Digital Wallet, you agree that you are using the Digital Wallet under the terms and conditions of the applicable third-party provider of such Digital Wallet. Digital Wallets are not maintained or supported by, or associated or affiliated with, the Organization. We accept no responsibility or liability to you in connection with your use of a Digital Wallet, and we make no representations or warranties regarding how the Site Services will operate with, or be compatible with, any specific Digital Wallet. The private keys necessary to access the assets held in a Digital Wallet are not held by the Organization. The Organization has no ability to help you access or recover your private keys and/or seed phrases for your Digital Wallet. You are solely responsible for maintaining the confidentiality of your private keys and you are responsible for any transactions signed with your private keys.
8. You agree and acknowledge that claiming Tokens through the Airdrop may require reliance on, or an integration with, third party products or services (e.g., a Digital Wallet or an unaffiliated 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 an Airdrop or claim Tokens as a result, you will have no recourse or claim against us or our affiliates and we and our affiliates will not bear any responsibility or liability to you.
9. You agree and acknowledge that if you are unable to claim an Airdrop due to technical bugs, smart contract issues, gas fees, Digital Wallet incompatibility, loss of access to a Digital Wallet or the keys thereto, or for any other reason, you will have no recourse or claim against us or our affiliates and that we and our affiliates will not bear any liability.
10. You agree and acknowledge that you have the sole responsibility and liability for all taxes in connection with your participation in the Airdrop and your ownership and any eventual sale of Tokens, and you should consult a tax advisor.
11. You agree and acknowledge that the regulatory regime governing blockchain technologies, cryptocurrencies and other digital assets is uncertain, that new regulations or policies may materially adversely affect the potential utility or value of such cryptocurrencies and digital assets, and that there are risks of new taxation related to the purchase or sale of cryptocurrencies and other digital assets.
12. You agree and acknowledge that the Tokens are not deposits of or guaranteed by a bank nor insured by any governmental agency, do not represent an ownership interest in the Organization or any other entity, and are provided on an on an “AS IS” basis. The Tokens are a means to participate in the Resolv Protocol, and should not be viewed as an investment or profit-making opportunity. THE ORGANIZATION MAKES NO REPRESENTATION, WARRANTY, GUARANTEE, OR UNDERTAKING WHATSOEVER WITH RESPECT TO THE TOKENS, INCLUDING (i) ANY WARRANTY OF MERCHANTABILITY; (ii) ANY WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE; (iii) ANY WARRANTY AGAINST INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS OF A THIRD PARTY; WHETHER ARISING BY LAW, COURSE OF DEALING, COURSE OF PERFORMANCE, USAGE OF TRADE OR OTHERWISE; (iv) WHETHER THE TOKENS WILL BE SUPPORTED BY ANY APPLICATION OR PROTOCOL. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, YOU ASSUME ALL RISKS AND LIABILITIES FOR THE RESULTS OBTAINED BY THE USE OF ANY TOKENS REGARDLESS OF ANY ORAL OR WRITTEN STATEMENTS MADE BY THE ORGANIZATION ENTITIES, BY WAY OF TECHNICAL ADVICE OR OTHERWISE, RELATED TO THE USE OF THE TOKENS.
These Airdrop Terms and the General Terms contain the entire agreement between you and the Organization regarding the Airdrop, and supersede all prior and contemporaneous understandings between the parties regarding the Airdrop. We may modify these Airdrop Terms from time to time in which case we will update the “Last Revised” date at the top of these Airdrop Terms. The updated Airdrop Terms will be effective as of the time of posting, or such later date as may be specified in the updated Airdrop Terms. Your continued access or participation in the Airdrop after the modifications have becomes effective will be deemed your acceptance of the modified Airdrop Terms.
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