Rainfall™
Official Rules

Revised Date: October 30, 2020

These Rainfall™ official rules govern ShapeShift’s Rainfall program (“Rainfall”) sponsored by ShapeShift Global Limited, a UK private limited company located at 1 Holborn Viaduct London EC1A 2DY (“Sponsor”) and constitute a binding agreement between you and the Sponsor if you participate in Rainfall. These rules incorporate the ShapeShift Terms of Service (“Terms”). A capitalized term not defined in these rules has the meaning given to it in the Terms. Any conflict between the Terms and these rules will be resolved in favor of these rules, except for conflicts with our Privacy Policy. You acknowledge that all disputes between you and the Sponsor relating to Rainfall will be resolved pursuant to article XI of the Terms. The Sponsor may update these rules at any time and shall notify you of any material changes to these rules. By entering Rainfall, you acknowledge and agree to these rules and all decisions of the Sponsor, which will be final in all matters.

NO PURCHASE OR PAYMENT IS NECESSARY TO ENTER OR WIN. ANY ENTRIES OBTAINED THROUGH A PURCHASE WILL NOT BE TREATED DIFFERENTLY THAN ENTRIES OBTAINED THROUGH ALTERNATE MEANS OF ENTERING.

  1. HOW TO ENTER. Rainfall takes place from 12:01:01 a.m. Coordinated Universal Time (UTC) on   through 11:59:59pm on  . A User will automatically receive one entry into Rainfall for each FOX Token held by such User. ShapeShift awards FOX Tokens to Users who take certain actions on the Service. For more information about FOX Tokens including how to earn FOX Tokens, click here. No purchase is necessary to enter Rainfall. If you do not want to take one of the specified actions to receive FOX Tokens, you can enter Rainfall here (“AMOE”). Users who receive FOX Tokens through the AMOE have an equal chance of winning Rainfall as those who have earned them through any other means.
  2. PRIZES. For each qualifying action (as determined by the Sponsor) taken by a User on the Service, including the completion of a digital asset transaction (each, a “Qualifying Action”) the Sponsor will award a digital asset to a randomly selected User in the amount and form as determined by the Sponsor in its sole discretion (a “Prize”). Prize amounts may be based on the size of the Qualifying Action that triggers the awarding of such Prize. The estimated aggregate total Prize value is  . Winners will be notified and listed anonymously through the App. Click here for a running list of current winners. You shall return any Prize determined by the Sponsor to be awarded in error, fraudulently, or in violation of these rules. 
  3. 3. ELIGIBILITY. All verified Users who have actively used the Service through the App at least once since October 28, 2020 to a Qualifying Action will be eligible to win the Prize associated with such Qualifying Action, except that the Sponsor shall not award a Prize to any current or former employee or contractor of the Sponsor (or any affiliate of the Sponsor), or any such employee’s affiliate, subsidiary, or agent. Void where prohibited. The Sponsor may disqualify any User’s entry if the Sponsor reasonably believes that User to be: tampering with the entry process or the operation of Rainfall; violating these rules or the Terms; or acting in a unsportsmanlike or disruptive manner, or with intent to annoy, abuse, threaten, or harass any other person. For the avoidance of doubt, if you are not able to become a verified User, including if you reside in a jurisdiction where we do not offer the Service, you may not participate in Rainfall.
  4. DRAWING. In determining the winner of each Prize, the Sponsor shall, through automated means, conduct a random drawing promptly after the completion of each Qualifying Action. Odds of winning a Prize depend on the number of FOX Tokens held by each User. Each FOX Token has the same odds of winning a Prize, regardless of whether the User obtained such FOX Token through a purchase on the Service or through any other method of entry, including AMOE. A User may win more than one Prize. The total amount of FOX Tokens currently distributed can be viewed here.  The following addresses that are not eligible to win a Prize include:
                (a) 0x70217e7de3a68187905269462506f81cf344bbad
                (b) 0xc350a59070c0db527d573294bb2fbf584a8c64b2
                (c) 0x86022517d7b194b22852d34cf7cb6da67301fb5c
  5. CLAIMING PRIZES. In order to claim a Prize, you must agree to these Rules. Due to transaction costs and Miner Fees, a claimant of a Prize may not be permitted to withdraw such Prize until that User’s total Prize amount reaches US$10. The Sponsor may deem a Prize forfeited and reclaim such Prize if, within 90 days of the Sponsor’s awarding of that Prize: (a) the Prize’s winner has not affirmatively agreed to these rules; or (b) the Prize has not been withdrawn by its winner. The Sponsor reserves the right to substitute a prize of equal or greater value, but is under no obligation to substitute or transfer any Prize permitted by winner. The Sponsor will award all Prizes. For Prizes over US$100, the Sponsor may delay a winner’s ability to withdraw such Prize until the Sponsor has completed any required compliance processes, including a manual review of such User. Prizes are offered “as is” without any express or implied warranty of any kind or nature, including, any warranty respecting condition, merchantability, quality, title, or fitness for a particular purpose. Promoter is not the issuer of the Prize, and you acknowledge that the Promoter is not obligated to provide you any technical support of a Prize. Promoter is not responsible for replacing any damaged Prizes unless such damage is caused by Promoter. Winners must look to the Prize’s promoter or issuer for potential guarantees or warranties of any kind or support of such Prize.
  6. WAIVER. By entering Rainfall, you waive any right to, and shall hold harmless the Sponsor from, any claim, liability, loss, damage (including punitive, incidental, and consequential damages), or expense (including attorneys’ fees) arising out of or in connection with your participation in Rainfall or the acceptance, use, or misuse of any Prize. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATIONS OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE DOES NOT APPLY IN ANY SUCH JURISDICTION. The Sponsor will not be responsible for: lost, late, misdirected, damaged, illegible, incomplete, or incorrect entries; lost, late, or misdirected Prize notices; or any typographical, or other error in the printing of the offer, administration of Rainfall, or announcement of the Prizes. All US federal and state laws apply.
  7. TAXES. You acknowledge that all income taxes resulting from your awarding of a Prize are your sole responsibility. The Sponsor strongly encourages you to consult with your tax advisor regarding any tax implications of the awarding of or the transfer of any Prize you may win from Rainfall. The Sponsor will not be liable for any tax-related effects of winning or transferring a Prize. If you win one or more Prizes totaling an amount in excess of US$600 in any calendar year, the Sponsor may be required to report such winnings to the Internal Revenue Service and send you an applicable IRS Form 1099, in which case, you shall provide the Sponsor with any necessary information required to complete and send you such form.
  8. DISCLAIMERS. 

"The crypto financial revolution will not be realized by a new set of custodial kings. You control your keys, you control your crypto. To us, this is not a slogan, but a mandate."

- Erik Voorhees, ShapeShift CEO