Forever Worldwide: The Road to Saudi Arabia — Terms and Conditions
Campaign Period: May 24, 2024 14:00 UTC - July 15, 2024 23:59 UTC
Sale Period: May 29, 2024 8:00 AM UTC - June 18, 2024 23:59:59 UTC
These terms and conditions ("Terms") outline the rules and eligibility criteria for the Forever Worldwide: The Road to Saudi Arabia collection (hereinafter the “Forever Worldwide” NFT collection) promotion (“Promotion”). By participating in the Promotion, participants (Forever Worldwide NFT Holders and/or registered Binance users - collectively “Participants” or “Holders” upon purchase or receipt) agree to abide by these Terms.
1. Eligibility
Existing Binance users or new Holders who successfully complete and pass identity verification (“KYC”) will be eligible to purchase, or to win, a Forever Worldwide NFT. Please note, the following users within the countries: Canada, Chile British Indian Oceans, Cuba, Japan, Hong Kong, Iran, Malaysia, Mauritius, Nigeria, Netherlands, North Korea, St Helena & Dependencies, Singapore, Seychelles, Syria and the United States won’t be allowed to take part in Forever Worldwide due to regulations, sanctions or strict marketing environment. This includes also participating in Sales/Auctions.
Be advised that users from the following listed countries will not be able to utilize Binance Pay to purchase items in Forever Worldwide: American Samoa, Australia, Canada, Cuba, Guam, Indonesia, Iran, North Korea, New Zealand, Northern Mariana Islands, Philippines, Puerto Rico, Singapore, Syria, Thailand, Ukraine(Crimea Region incl. Donetsk, Luhansk, Zaporizhzhia and Kherson as well as the Crimea Peninsula), United States Minor Outlying Islands, UK, USA, Vietnam, Virgin Islands (U.S.), Malaysia, Netherlands and the United Arab Emirates.
2. Forever Worldwide NFT Collection
The Forever Worldwide collection is a curated series of seven (7) NFTs, designed by selected local artists. Each NFT is inspired by a location where renowned footballer, Cristiano Ronaldo, represented either a club or his national team. These seven (7) locations are: Madeira, Lisbon, Manchester, Madrid, Turin, Saudi Arabia, and Portugal (hereafter known as “Location” or “Locations”).
Normal (N) NFTs: Madeira, Lisbon, Manchester, Madrid, Turin, and Saudi Arabia.
Super Super Rare (SSR) NFT: Portugal
The Forever Worldwide NFT collection will implement a Collect-To-Earn mechanism (hereinafter, “C2E”) in which participants can incrementally enhance the Utility Rarity level of their NFTs by accumulating multiple Locations. The Portugal SSR NFT will inherently possess the highest degree of Utility Rarity, classified as Super Super Rare Utility.
3. Collect To Earn
C2E encourages Binance Holders to participate for the duration of the campaign, the number of Locations collected and their Utility Rarity can be determined as follows:
I. N: To reach Normal Utility Rarity, Holders need to collect one (1) Location.
II. R: To reach Rare Utility Rarity, Holders need to collect two (2) to four (4) Locations.
III. SR: Super Rare Utility Rarity level is achieved by owning five (5) to six (6) Locations.
IV. SSR: To obtain the Super Super Rare Utility status, Holders must hold the Portugal SSR NFT. Eligible Binance users can purchase the SSR NFT at auction, or collect all six (6) Normal NFTs for a chance to win one of three (3) SSR NFTs that will be given away via the Quiz Mechanic defined in Section six (6) below.
4. Fastest To Collect
The Forever Worldwide NFT collection offers an exciting Fastest To Collect (hereinafter, “FTC”) mechanic. There are two opportunities to participate in FTC.
The initial opportunity involves being the quickest to collect two (2) NFTs from two (2) separate Locations (e.g., Madeira and Lisbon). The twenty-five (25) Participants who accomplish this feat with the greatest rapidity shall be rewarded with a vintage football jersey.
The second opportunity entails being the quickest to collect five (5) NFTs from five (5) distinct Locations. The thirty (30) Participants who collect five (5) Locations the fastest shall receive two (2) football match tickets to a game as stipulated in the Utility terms and conditions set forth below.
5. Utilities and Redemption
The Utility Rarity levels outlined below are established based on the number of distinct Locations a Forever Worldwide NFT collection holder possesses in their Binance wallet. Holding ownership of one (1) Location yields a Normal Utility Rarity, while holding two (2) to four (4) Locations results in a Rare Utility Rarity designation. Additionally, holding five (5) to six (6) Locations results in a Super Rare Utility Rarity, and holding the Portugal SSR NFT bestows the Super Super Rare Utility Rarity designation.
Definitions:
Utility Rarity Level: The level of Rarity determines the Utility rewards a holder will receive.
Snapshot Date: The date and time that a snapshot of the blockchain and wallet data will be taken to determine who is eligible for each Utility Rarity level based on holding the required Forever Worldwide NFT at the required date and time.
Claiming: Holders will need to perform certain actions before they can receive their real Utility (for example, physical perks that will be mailed or experienced in person may require shipping, scheduling and/or travel coordination). There will be a specified time limit within which Forever Worldwide NFT Holders must respond to Binance in order to claim and receive their real Utilities. The deadline within which to respond will be clearly communicated.
Redemption: A specific action and time limit required for Holders to be able to access or receive their Utility. The date and time on which the Utility will be provided will be clearly communicated based on match and talent schedules.
Forever Worldwide Utility: One Forever Worldwide Digital NFT Art Poster, Digitally Signed by Cristiano Ronaldo. Holders will receive a digitally signed version of their NFT artwork in digital format for personal printing purposes.
Utility Rarity Level Required For Access: Normal, Rare, Super Rare & Super Super Rare.
Final Snapshot Date: July 15, 2024 23:59:59 (UTC)
Claim Process: The holder must have their Forever Worldwide NFT in their Binance wallet at the time of the Final Snapshot Date.
Redemption Process: Holders will receive their poster via email before 23:59:59 (UTC) on December 31, 2024.
Forever Worldwide Utility: Access for One to an exclusive interview. This is a special-access, recorded virtual interview with Cristiano Ronaldo himself that is only accessible for Forever Worldwide NFT Holders. Holders are able to submit one (1) question online which might be asked to Cristiano during the interview process.
Utility Rarity Level Required For Access: Normal, Rare, Super Rare, Super Super Rare.
Final Snapshot Date: July 15, 2024 23:59:59 (UTC)
Claim Process: The Holder must have their Forever Worldwide NFT in their Binance wallet at the time of the Final Snapshot Date during the period of the aforementioned snapshot.
Redemption Process: No later than July 22, 2024, Holders will receive an email from Binance with a link and deadlines to submit their question for Cristiano’s consideration. Holders must submit their questions by July 26, 2024 23:59:59 (UTC). To access the video interview, Holders must first log into the CR7 Forever Zone and ensure their Forever Worldwide NFT(s) are in their wallet. The video will be accessible exclusively through a token-gated feature for eligible NFT holders only.
Forever Worldwide Utility: One Vintage Football Shirt. Each Vintage Football Shirt will feature a Location where Cristiano has played professional football. It is important to note that due to the vintage nature of these football shirts, they will be second-hand and may exhibit signs of wear, such as slight color fading. Please also note that Binance will source and allocate shirts to Holders randomly.
Utility Rarity Level Required For Access: Rare - Twenty five (25) Holders who are the fastest to collect two (2) separate and distinct Locations. In conjunction, seven (7) Super Super Rare Holders will receive a Vintage Shirt by owning the Portugal NFT.
Final Snapshot Date: July 15, 2024 23:59:59 (UTC)
Claim Process: No later than July 22, 2024, winning Holders will be directed to a survey link where they must provide details including shirt size, shipping and handling. Responses must be received no later than July 31, 2024 (23:59:59 UTC). Please note that claiming the real Utility after the deadline will not be possible.
Redemption Process: The Vintage Football Shirt will be disbursed no later than 23:59:59 (UTC) on December 31, 2024.
Forever Worldwide Utility: Two Football Match Tickets. Select Football Tickets will be offered from a Location where Cristiano has played professional football. Not all Locations may be featured. Dates and times will be pre-selected by Binance and will not be transferable.
Utility Rarity Level Required For Access: Super Rare - Thirty Holders (30) who are the fastest to collect five (5) separate and distinct Locations. In conjunction, seven (7) Super Super Rare Holders will receive a Vintage Shirt by owning the Portugal NFT.
Final Snapshot Date: July 15, 2024 23:59:59 (UTC)
Claim Process: By July 22, 2024, winning Holders will be directed to a survey link where they must select one (1) match from a pre-selected list of dates and locations, no later than July 31, 2024 (23:59:59 UTC). Please note that the claiming of the real Utility will not be possible after the specified deadline.
Redemption Process: The holder will receive two (2) tickets to the selected match only. These tickets will not cover any travel, accommodation or food and beverages in the stadium. The tickets will be shared with the holder no later than ten (10) days prior to the game. Utilities will be disbursed no later than 23:59:59 (UTC) on December 31, 2024.
Forever Worldwide Utility: CR7 Experience for One. The ultimate Utility for SSR Holders is a trip (premium economy flight and hotel accommodation provided) to watch Cristiano Ronaldo’s team play live and to personally meet Cristiano during the production day shoot.
As an SSR Holder, you are invited to submit one (1) mobile video of a personal goal celebration to Binance no later than July 15, 2024 23:59:59 (UTC). This request for all Forever Worldwide SSR Holders is non-negotiable should they wish to partake in the CR7 Experience.
Utility Rarity Level Required For Access: Super Super Rare
Final Snapshot Date: July 15, 2024 23:59:59 (UTC)
Claim Process: No later than June 23, 2024, winning Holders will be directed to a survey link where they must provide personal information to enable the Binance team to organise their CR7 experience. Responses must be received no later than July 15, 2024 (23:59:59 UTC). It is important to note that after the deadline passes, Holders will no longer be able to claim the actual Utilities. Once Holders have received the survey, the Portugal NFT will be frozen, and cannot be withdrawn or listed on Binance NFT secondary market until after July 15, 2024 23:59 UTC.
Redemption Process: Binance will contact eligible NFT Holders regarding travel and accommodation details via email indicated under users Binance profile.
All Utilities will be distributed no later than 23:59:59 (UTC) on December 31, 2024.
6. Quiz Mechanic
To obtain the Super Super Rare Utility status, Holders must hold the Portugal SSR NFT. Eligible Binance users can purchase the SSR NFT at auction, or collect all six Normal NFTs for a chance to win one (1) of three (3) SSR NFTs that will be given away via the Quiz Mechanic.
The Quiz Mechanic will be a series of eight (8) questions. There will be one (1) question centered around each of the seven (7) Locations in the Forever Worldwide collection. The final question will be a short written response.
The Quiz Mechanic will start at 14:00:00 (UTC) on June 11, 2024 and close at 23:59:59(UTC) on June 18, 2024.
To be eligible to enter the Quiz, Participants must have one (1) NFT from each of the six (6) Locations (Madeira, Lisbon, Manchester, Madrid, Turin and Riyadh) by 12:00:00 (UTC) on June 10, 2024. The Quiz Snapshot to determine eligible Holders will be taken at 12:00:00 (UTC) June 10, 2024.
Eligible Holders will receive an email from Binance with a link to the Quiz questions at 14:00 (UTC) on June 14, 2024. Participants must then complete the Quiz Mechanic before 23:59:59 (UTC) on June 18, 2024.
The Quiz Mechanic will yield three winners. To be eligible, Participants must successfully answer all seven (7) multiple choice location-based questions and one (1) personal written response question (maximum one hundred (100) words).
A scoring system will be used to evaluate the written entries or question eight (8). The following criteria will be assessed by the Binance judging panel:
Criteria: When scoring, one (1) is poor, five (5) is good (Maximum 15 points):
I. Originality: Does the entry present a fresh perspective or Cristiano story?
II. Accuracy: Are facts and information presented correctly, and reflective of Cristiano’s career?
III. Engagement: Does the answer capture the judges attention and hold their interest?
The three (3) selected winners will win a Forever Worldwide Portugal NFT which will be shared with them via an Airdrop Event on June 21, 2024. This will propel them to Super Super Rare Utility Rarity and give them the opportunity to meet Cristiano Ronaldo in person. Please see Section five (5) for Utility Redemption details.
7. NFT Sales, Auction and Secondary Market
No Fee Promotion
During the following time periods, Binance Users will be able to purchase NFTs from the CR7 NFT Collection, Forever CR7 The GOAT and Forever CR7 Zone Box with Zero Fees from the Binance Marketplace. This includes the removal of the Binance royalty and platform fees.
I. June 18, 2024 - 00:00:01- 23:59:59 (UTC)
II. June 22, 2024 - 00:00:01- 23:59:59 (UTC)
III. June 26, 2024 - 00:00:01- 23:59:59 (UTC)
8. Marketing Allocation
Surprise and Delight
Binance will withhold one hundred (100) NFTs from Forever Worldwide, for the purpose of gifting them to the first one hundred (100) Holders who are one (1) NFT away from reaching the next Utility Rarity.
The NFTs will be Airdropped to the selected Holders across the following dates:
I. S&D Airdrop 10 June, 2024 (00:00:01 UTC) - 13 June, 2024 (23:59:59 UTC)
II. S&D Airdrop 17 June 2024 (00:00:01 UTC) - 20 June, 2024 (23:59:59 UTC)
Forever Worldwide Airdrop Event
Binance will execute an Airdrop Event to Holders who own an NFT from The CR7 NFT Collection, Forever CR7 The GOAT and Forever CR7 Zone Box. An NFT Airdrop is a method of distributing Free NFTs to members of a specific community.
The Snapshot date for the Airdrop event is December 31st, 2023, at 23:59:59 (UTC). To be eligible for the Airdrop, Holders must have had at least one (1) NFT from each of the three (3) previous collections in their wallet at the time of the snapshot.
The Airdropped NFT will be distributed no later than June 10, 2024, at 23:59:59 (UTC). Eligible Holders will receive their Forever Worldwide NFT directly to their wallet.
9. Risk Warning & Detailed Information
Digital asset prices can be volatile. The value of any asset or investment may go down or up and you may not get back the amount initially paid. You are solely responsible for your purchase decisions and neither Binance, nor its partners, are liable for any losses you may incur. This is not financial advice. For further details, see our Terms of Use and Risk Warning.
Promotion or endorsement of CR7 assets by Cristiano Ronaldo do not constitute promotion or endorsement of any other Binance assets.
10. General Terms and Conditions
Customs Costs for International Shipping of Vintage Football Shirts
These terms and conditions govern the potential customs costs associated with the international shipping of vintage football shirts from the United Kingdom to destinations worldwide. By purchasing a vintage football shirt from Binance, the holder agrees to adhere to these terms and conditions.
Complete Receiver Details:
I. Full Postal Address: Recipients should provide their complete postal address including their street number, building name if any, city, state/province, postal or zip code, and country. Any specific instructions for delivery like landmarks or specific entrances should also be noted down.
II. Contact Details: It's crucial that recipients provide a valid contact number and backup contact number if possible. Couriers often call ahead or require phone contact if they have trouble locating the address or need to reschedule the delivery for any reason.
III. Email Address: Recipients should provide an email address which can help to notify the status of delivery, any changes in delivery schedule, or if any further information is needed.
IV. Preferred Delivery Times: If the delivery service allows for scheduling, recipients should include their preferred delivery window to optimize for successful delivery.
Customs Duties and Taxes:
I. Responsibility: The purchaser acknowledges that customs duties, taxes, and any other charges levied by customs authorities in the destination country are not included in the purchase price of the Utility.
II. Purchaser's Responsibility: It is the responsibility of the purchaser to pay any applicable customs duties, taxes, and charges imposed by the destination country's customs authorities upon importation of the vintage football shirt.
III. Variances: Customs duties and taxes vary by country and are subject to change without notice. Binance cannot predict or control these charges, and therefore cannot be held responsible for any discrepancies in such charges.
Declaration of Value:
I. Accurate Declaration: Binance will accurately declare the value of the vintage football shirt on the customs declaration form accompanying the shipment.
II. Assistance: Binance may, upon request, provide assistance or documentation required by customs authorities to facilitate the clearance process. However, Binance is not liable for any delays or issues arising from customs clearance procedures.
Refusal of Shipment:
I. Non-Payment of Customs Fees: In the event that the purchaser refuses to pay the customs duties, taxes, or any other charges imposed by the destination country's customs authorities, the shipment may be returned to Binance.
II. Refund Policy: If a shipment is returned due to the purchaser's refusal to pay customs fees, Binance reserves the right to deduct any return shipping costs, customs fees, and handling fees incurred from the refund amount.
III. Return Policy: If the recipient refuses the delivery or is not available to accept the delivery after 1 attempt, the shipment will be canceled.
Compliance with Laws:
I. Legal Compliance: The purchaser agrees to comply with all applicable laws and regulations of the destination country regarding the importation of goods, including but not limited to customs duties, taxes, and import restrictions.
II. Indemnification: The purchaser indemnifies and holds harmless Binance from any claims, damages, or liabilities arising from the purchaser's failure to comply with such laws and regulations.
Modification of Terms:
I. Right to Modify: Binance reserves the right to modify these terms and conditions at any time without prior notice. Any such modifications will be effective immediately upon posting on the Binance website or notification to the purchaser.
Governing Law:
I. Jurisdiction: Aside from where Applicable Law requires or provides you with a choice otherwise, these Terms shall be governed by, and construed in accordance with, the laws of Hong Kong.
II. By purchasing a vintage football shirt from Binance, the holder acknowledges that they have read, understood, and agreed to these terms and conditions regarding potential customs costs for international shipping.
Auction Mechanic
Eligibility:
I. The auction for the Portugal NFT hosted on the Binance exchange is open to eligible users who have successfully completed the KYC process.
Auction Process:
I. Users interested in participating in the auction must place bids on the NFT through the Binance NFT Marketplace dedicated sales page.
II. The auction will run from 14:00:00 (UTC) on the 14th June 2024 until 14:00:00 (UTC) on the 18th June 2024.
Bid Criteria:
I. Users may place multiple bids during the auction period.
II. Bids must be made in accordance with the minimum bid increment specified by Binance.
III. The top four highest bids at the end of the auction period will be declared the winners and awarded the Portugal NFT and its Utility.
Auction Outcome:
I. The winners will be determined based on the highest bids placed on the NFT.
II. Each winner will receive one Portugal NFT, granting them SSR Utility status within the CR7 Forever Worldwide NFT Collection.
Utility Fulfillment:
I. Auction winners will be notified via email and/or a Binance platform notification regarding their successful bid, its Utility and next stages to redeem the Super Super Rare Utility .
II. The Utility will be distributed no later than 23:59:59 (UTC) Dec 31, 2024.
Payment and Fees:
I. Users are responsible for ensuring that they have sufficient funds in their Binance accounts to cover their bid amounts.
II. Bids placed during the auction are binding and non-refundable.
III. Binance may impose transaction fees or other charges associated with participating in the auction
Data Tracking and Disqualification:
I. Binance will track bid submissions to ensure fairness and transparency in the auction process.
II. Users found to be engaging in fraudulent or manipulative behavior will be disqualified from the auction and may face account suspension or termination.
General Conditions:
I. Binance reserves the right to modify, suspend, or terminate the auction at any time without prior notice.
II. Participation in the auction constitutes acceptance of these terms and conditions.
III. Binance's decisions regarding the auction, including winner selection, are final and binding.
IV. By participating in the auction, users agree to abide by Binance's terms of service and privacy policy.
Legal Disclaimer:
I. Binance assumes no liability for any technical issues, disruptions, or discrepancies that may affect participation in the auction or prize distribution.
II. Participation in the auction is at the participant's own risk.
