Terms and Conditions
“Pantos Anniversary Challenges”
1. General
The present conditions (“Terms”) contain the provisions for participation in the “Pantos Anniversary Challenges” (“Promotion”) of Pantos GmbH, with registered office in A-1020 Vienna, Stella-Klein-Löw-Weg 17 (“Pantos”) and the resulting legal relationship between Pantos and the Participant (as defined in Section 3 or “ you”).
By participating in the Promotion, you agree to these Terms and you agree that the Bitpanda Group TC and Bitpanda GmbH & BAM Terms and Conditions may apply in parallel and may form an integral part of these Terms. By participating in the Promotion, you represent and warrant you meet the eligibility requirements below and acknowledge that failure to meet all eligibility requirements will result in your disqualification.
Investing in crypto carries risks. Conduct your own research before concluding a transaction. This Promotion does not constitute financial advice or an invitation to conclude a transaction.
2. Duration
This Promotion will begin on the 26th of July, 2023, 17:00 (CET) and will end on the 31th of August, 2023, 23:59 (CET) (“ Promotion Period ”).
3. Eligibility and Entry:
Entry is open to all individuals or legal persons (“Participant”) who
(a) meet all the requirements described in these Terms,
(b) accept these Terms.
Natural or legal persons performing market making services or any similar services are not eligible to enter the Promotion.
For the avoidance of doubt, it is hereby expressly emphasised that natural or legal persons who provide market making services or similar services as well as all institutional customers (B2B traders) and market makers are excluded from this Promotion. Any volume generated by the Participant prior to participating in this Promotion will not be taken into account and will not count towards trading/purchase volume calculations. Any trading/purchase volume generated outside of the Bitpanda Broker will not be taken into account.
4. Raffle Drawings and Prize
All allocated Prizes will be given as an amount of Pantos Token, the native Token of the Pantos Network (“PAN”).
After the Promotion Period has ended, certain Participants will be selected according to the criteria set out below (“Winners”) and will be awarded a prize which will be distributed in PAN (“Prize”). The following Prizes will be given out at the end of the Promotion Period:
- 10 Participants who are eligible to participate in the Promotion who obtain the highest ranking in the “Zealy 5th Anniversary Sprint Leaderboard” shall be eligible to win 15,000 PAN each.
- 3 Participants who are eligible to participate in the Promotion and make the highest contributions to the Pantos Ecosystem during the Promotion shall be eligible to receive respectively 150,000 PAN, 100,000 PAN and 50,000 PAN. Pantos shall determine in its own discretion which Participants have made the highest contribution, relevant to this Promotion to the Pantos Ecosystem.
- 5 Participants who are eligible to participate in the Promotion and who have obtained a trading volume of at least 1,500 PAN during the Promotion Period on the Bitpanda Broker and who have obtained the highest return on investment (ROI) while trading PAN during the Promotion Period on the Bitpanda Broker shall be eligible to receive 15,000 PAN each.
The value of crypto assets is subject to change, and there can be a substantial risk that it could lose value (potentially all value) as a result of buying, selling, or holding the Prize.
A total of 525,000 PAN shall be disbursed from the dedicated Pantos Bounty Reserve at the end of the Promotion Period.
Pantos will strive to transfer the Prizes to the respective Winners by the 15th of September, 2023. The transfer may be delayed and Pantos shall not be liable for any losses arising out of or in connection with a late transfer (e.g. losses due to price changes).
5. Notifying winners
Participants, who are declared Winners in accordance with this section will be notified via email or through the official Pantos social media accounts with instructions how to claim their Prize. The Prizes will be credited in a matter that is up to Pantos’ full discretion. Pantos assumes no responsibility for undeliverable emails. All potential Winners are subject to KYC verification by Pantos.
6. Disqualification
Pantos may disqualify a Participant if there is (i) collusion between Participants aimed at manipulating the Promotion, (ii) a breach of these Terms, (iii) a breach of any other applicable terms and conditions of Bitpanda, its subsidiaries, or (iv) if any data provided by you is incorrect.
Disqualified Participants will not be entitled to become a Winner or win any other Prize under this Promotion.
Any attempt by a Participant to deliberately undermine the legitimate operation of this Promotion is a violation of laws, and should such an attempt be made, Pantos reserves the right to seek damages from any such Participant.
Pantos is not responsible for the accuracy of the data you provide and may disqualify a participant if the provided data is not valid.
7. Limitation of Liability
To the extent permitted by law, in no event shall Pantos be liable for any direct or indirect loss arising out of or in connection with the Promotion.
Pantos reserves the right to suspend, cancel, postpone or modify the Promotion if it cannot be executed as planned for any reason. You do not have any legal claim against Pantos arising out of or in connection with this Promotion.
8. Privacy and Taxes
All data processing at Pantos is carried out in accordance with Article 6 Paragraph 1 Letter b of the General Data Protection Regulation 2016/679 (“GDPR”) for the purpose of establishing the legal relationship with the participant and for the subsequent implementation and processing of the Promotion.
For more information about personal data, how, why and for how long it is processed and what rights participants have under the GDPR, we refer to this link:
https://www.bitpanda.com/en/legal/bitpanda-privacy-policy
Winners are solely responsible for any/all applicable taxes related to the Prize.
9. Contact
For further questions, please contact our customer support team
