This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Fan Token is thrilled to introduce a new Alpine Race Collectible PowerStation activity to reward fans of the BWT Alpine F1® Team! For each round during the Activity Period, all users can charge their Alpine Race Collectibles in the PowerStation to share $2,000 in ALPINE Fan Tokens according to their Fan Power.
Activity Period:
How to Collect Alpine Race Collectible Mystery Boxes:
Binance Fan Token will be releasing one Alpine Race Collectible Mystery Box collection for each remaining race on the F1 Schedule 2023 (i.e., from 2023-07-30 13:00 UTC to 2023-11-27 23:59 UTC). Each collection will comprise 6,000 Alpine Race Collectibles, where six SSR Alpine Race Collectibles will be up for grabs.
Existing Binance users who have already claimed their first Alpine Race Collectible are required to have at least 20 ALPINE Fan Tokens in their Binance wallets to claim more Alpine Race Collectible Mystery Boxes during the respective Redemption Periods, as shown in the table below. Start collecting Alpine Race Collectibles Mystery Boxes now to earn ALPINE Fan Token rewards during the Activity Period!
For More Information:
Terms and Conditions:
This Activity may not be available in your region. Only users who complete identity verification by the end of the Activity Period shall be eligible for any rewards.
The Terms and Conditions for Prize Promotions apply to this Activity.
Only verified users will be able to redeem Alpine Race Collectibles from the Alpine Race Collectible Mystery Boxes. Each qualified user is eligible to claim a maximum of one Alpine Race Collectible for a particular race day.
ALPINE Fan Token balances in the Spot Wallet, Funding Wallet, and Simple Earn Wallet will count toward the calculation of users’ ALPINE Fan Token holdings.
Users may trade Alpine Race Collectibles on the Binance NFT Marketplace immediately after redeeming the collectibles at the Alpine Race Collectibles page.
SSR Alpine Race Collectibles:
Only users who hold an SSR Alpine Race Collectible two weeks from the collectible’s initial redemption date will qualify for the corresponding utilities. Users who purchase an SSR Alpine Race Collectible after the snapshot time will not be able to claim the utilities.
SSR Alpine Race Collectible holders will be contacted via the email address bound to users’ Binance accounts for more details on rewards distribution. Users who do not have an email address bound to their Binance UIDs, or respond to the email from Binance Fan Token within three days of receiving the email notification, will be considered to have forfeited their rewards.
All fan experiences are subject to changes depending on developments of the COVID-19 pandemic or other unforeseeable events. Binance Fan Token and the BWT Alpine F1® Team reserve the right to amend the experiential rewards to a similar experience or merchandise at their own discretion.
Offline fan experiences do not come with accommodation or transportation. Eligible users should cater for their own accommodation and transportation.
No refunds or cash equivalent value of the rewards will be granted.
Alpine Race Collectible PowerStation:
Participants will receive ALPINE Fan Token rewards from the PowerStation on an hourly basis.
The rewards received per 100 Fan Power will be shown on the activity interface.
When a user charges all the different Alpine Race Collectibles that represent a full set, they can double their Fan Power for twice the amount of rewards. For more information, please refer to the PowerStation FAQ.
Each participant’s hourly PowerStation rewards = (Hourly charged Fan Power by a participant / Hourly total charged Fan Power by all participants) * Hourly rewards to be given in a specific PowerStation activity.
Hourly rewards to be given in a specific PowerStation activity = Total rewards for the activity / Total hours of the activity.
Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.
Users will be able to remove their charged Collectibles at any time with no delay.
Collectibles charged in the PowerStation as well as any unclaimed rewards will be automatically transferred to each user’s accounts at the end of each round during the Activity Period.
Sub-accounts are not qualified for this Activity.
Binance reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any action to be done, and all Participants shall be bound by these amendments.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Thanks for your support!
Binance Team
2023-07-25
Note: This announcement was last updated on 2023-09-21 to amend the dates for Round 3 of the Activity Period. It was previously updated on 2023-09-04 to reflect changes on the F1 Schedule 2023, the Redemption Period for Italy (Monza) Mystery Box Collection and all the following collections, as well as the rewards for holding an SSR Alpine Race Collectible from the Singapore (Marina Bay) Mystery Box Collection and all collections released thereafter.
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: The value of any Binance Fan Token may go down or up. Binance Fan Tokens are a type of utility token and are not regulated in most countries, however please ensure you are permitted to access our Binance Fan Token Platform based on your circumstances. Not financial advice. For further details, see the Binance Fan Tokens Terms, our Terms of Use and Risk Warning.
