ForeverCR7: The GOAT NFT Collection - Terms and Conditions

A. Collection Overview

a. Rarity Level
A total of four different rarity levels are available: Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal (N). Each rarity level comes with its own utilities for NFT holders.

i. SSR: The SSR NFT featuring “The Bicycle Kick” will be available in an auction. By holding an SSR NFT, the user will receive a training session with Cristiano Ronaldo, an entry ticket to Binance Blockchain Week, a signed Binance football jersey, a video recording from Cristiano Ronaldo as he talks through his thoughts and feelings about the goal for the corresponding NFT, and a printable signed Binance x CR7 poster.
ii. SR: An SR NFT features “The Bullet Header,” “The Minute Milestone,” “The Hat-Trick King,” “The GOAT,” “A Star Is Born,” or “The Rocket Man.” With an SR NFT, the holder will receive a Binance football shirt signed by Cristiano Ronaldo, a video recording from Ronaldo as he talks through his thoughts and feelings about the goal for the corresponding NFT, and a printable signed Binance x CR7 poster. SR NFTs will be available via our Subscription Mechanism.
iii. R: The “R” NFT features “The Flash,” “The Eighth Wonder,” “The Backheel,” “The Knuckleball,” “The Game Changer,” or “Under Pressure.” The NFT holders will each receive a printable signed Binance x CR7 poster, a genuine “Thank You” message from Cristiano Ronaldo, and access to upcoming Binance x CR7 giveaways. R NFTs will be available via our Subscription Mechanism.
iv. N: The N NFTs will be presented in a ForeverCR7 Box, available for direct purchase. Each ForeverCR7 Box contains one of seven NFTs, i.e., “The 100”, “The 200”, “The 300”, “The 400”, “The 500”, “The 600” and “The 700”. Holders will receive a genuine “Thank You” message from Cristiano Ronaldo and access to upcoming Binance x CR7 giveaways.

b. Tokenomics

c. Utilities

i. Normal (ForeverCR7 Box): Each collector will receive a recorded thank-you message from CR7. Additionally, by purchasing these NFTs, holders will automatically be entered into future giveaways where they can win CR7 merchandise.

ii. Rare: Each Rare NFT owner will receive a printable signed Binance x CR7 poster, a recorded thank-you message from Cristiano Ronaldo, plus entry into future giveaways.

iii. Super Rare: A printable signed Binance x CR7 poster; entry into future giveaways; plus a video from Ronaldo, where he shares his thoughts about the goal captured by the NFT. Holders of SR NFTs will also receive a Binance football shirt signed by CR7.

iv. Super Super Rare: An in-person training session with Cristiano Ronaldo; automatic entry into future giveaways; a printable signed Binance x CR7 poster; a video from CR7 where he shares his thoughts about the goal captured by the NFT; a Binance football shirt signed by Ronaldo; an entry ticket to an upcoming Binance Blockchain Week (BBW). Please note that BBW tickets will be allocated for set dates and must be used for the designated event; all other BBW expenses to be paid for by the user.

d. Utility Redemption

i. Normal (ForeverCR7 Box): A snapshot will be taken on August 31, 2023. NFT Owners who hold Normal ForeverCR7 Boxes during the snapshot period will receive the recorded thank you message from CR7 no later than 23:59:59 (UTC) on December 31, 2023. Current ForeverCR7 Box (Normal NFT) holders will automatically be entered into future giveaways where they can win CR7 merchandise.

ii. Rare: A snapshot will be taken on August 31, 2023. NFT Owners who hold Rare NFTs from the ForeverCR7: The GOAT Collection during the snapshot period will receive a printable signed Binance x CR7 poster, plus a recorded thank-you message from Cristiano Ronaldo, no later than 23:59:59 (UTC) on December 31, 2023. Current Rare NFT holders will automatically be entered into future giveaways where they can win CR7 merchandise.

iii. Super Rare: A snapshot will be taken on August 31, 2023. NFT Owners who hold Super Rare NFTs from the ForeverCR7: The GOAT Collection during the snapshot period will receive a Binance football shirt signed by CR7; a printable signed Binance x CR7 poster; plus a video from CR7 where he shares his thoughts about the goal captured by the NFT. Current Super Rare NFT holders will also automatically be entered into future giveaways where they can win CR7 merchandise.
In order to receive the real utility of the Binance football shirt signed by CR7, you must be a Binance user, and have passed identity verification. You must enter your account and push the [Redeem] button to claim your utility before the August 31, 2023, 23:59:59 UTC deadline. This will take you to a survey link where you can provide your shipping address to receive your signed shirt. You are no longer able to claim the real utility after the deadline.
Once you have clicked the [Redeem] button and completed the survey, the SR NFT(s) will be frozen, and cannot be withdrawn or listed on Binance NFT’s secondary market until 00:00:00 (UTC) September 1, 2023.
Binance will contact eligible NFT holders regarding the realization and distribution of SR utilities for the ForeverCR7: The GOAT NFT collection, which will commence from Sep 1, 2023.
Utilities will be distributed no later than 23:59:59 (UTC) Dec 31, 2023.

iv. Super Super Rare: A snapshot will be taken on August 31, 2023. NFT Owners who hold Super Super Rare (SSR) NFTs from ForeverCR7: The GOAT Collection during the snapshot period will receive: a training session with Cristiano Ronaldo; automatic entry into future giveaways; a printable signed Binance x CR7 poster; a video from CR7 where he shares his thoughts about the goal captured by the NFT; a Binance football shirt signed by Ronaldo; an entry ticket to an upcoming Binance Blockchain Week (BBW). Please note that BBW tickets will be allocated for set dates and must be used for the designated event; all other BBW expenses to be paid for by the user.
To claim the real utility of the Binance football shirt signed by CR7, the entry ticket to an upcoming Binance Blockchain Week (BBW), and the in-person training session with Cristiano Ronaldo, you must be a Binance user and have passed identity verification. You must enter your account and push the [Redeem] button to claim your utility before the 23:59:59 (UTC) August 31, 2023 deadline. This will take you to a survey link where you can provide your shipping address to receive your rewards. You are no longer able to claim the real utilities after the deadline.
Once you have clicked the [Redeem] button and completed the survey, the SSR NFT(s) will be frozen, and it cannot be withdrawn or listed on Binance NFT’s secondary market until 00:00:00 (UTC) September 1, 2023.
Binance will contact eligible NFT holders regarding the realization and distribution of SSR utilities for the ForeverCR7: The GOAT NFT collection, which will commence from Sep 1, 2023.
The Utilities will be distributed no later than 23:59:59 (UTC) Dec 31, 2023.

v. Instructions for Super Super Rare and Super Rare Redemption:
Step 1: Head to Binance NFT > Profile > Collected NFTs.
Step 2: Click on your SSR or SR NFT from ​​ForeverCR7: The GOAT NFT collection, and select [Redeem] after you have been redirected to the individual CR7 NFT page.
Step 3: Provide your personal information and shipping details to facilitate the distribution of the relevant utilities.

vi. No refunds or cash equivalent value of the rewards will be granted.

B. Primary Sales

There are 4 primary sales for the ForeverCR7: The GOAT Collection.

Detailed information is as follows:

a. Normal (ForeverCR7 Box)

i. Sales Model: ForeverCR7 Box (Mystery Box)

ii. Total Quantity for Sale: 26,000

iii. Unit Price: 10 USDT

iv. Start Time: July 3, 2023, 14:00 UTC

v. End Time: July 23, 2023, 14:00 UTC

vi. NFT Distribution: NFTs will be distributed to the buyers automatically after their purchase.

b. Rare

i. Sales Model: Subscription

ii. Total Quantity for Sale: 1,110

iii. Unit Price: 30 USDT

iv. Key Phase:

1. Preparation Phase — 2023-07-04 00:00 (UTC) to 2023-07-10 02:00 (UTC)
During the Preparation Phase, users must fulfill the BNB Prerequisite by meeting the minimum daily average BNB holding of 0.1 BNB. Those who fulfill this requirement qualify to participate in the Super Rare and Rare NFT primary sales.

2. Subscription Phase — 2023-07-10 02:00 (UTC) to 2023-07-13 09:00 (UTC)
Qualified users will proceed to the Subscription Phase, where they will be allocated participation tickets to join the sale. Each qualified user can only receive twelve participation tickets for the Rare NFT primary sale.
During this phase, users must submit the participation tickets to the respective NFT primary sales by clicking [Subscribe for Ticket(s)]. Only users who submit and subscribe to their tickets will be qualified to participate in the sale.
After users subscribe to the Rare NFT primary sale(s), all committed participation tickets will enter the corresponding pool, where each ticket has an equal chance of winning. Note that each committed participation ticket will mean that the corresponding amount of 30 USDT is locked, and this will only be refunded at the end of the Distribution Phase for those who do not receive a winning ticket.
As users can only use the available USDT balance in their Spot Wallets to complete subscriptions, they should ensure that they have sufficient USDT in their Spot Wallets before subscribing to their participation tickets.

3. Calculation Phase — 2023-07-13 09:00 (UTC) to 2023-07-13 12:00 (UTC)
The system will select the winning tickets from all committed participation tickets. A winning ticket allows users to purchase a CR7 NFT in the respective Super Rare and/or Rare NFT primary sale(s), where applicable.

4. Distribution Phase — 2023-07-13 12:00 (UTC)
Users who hold winning participation tickets can purchase CR7 Rare (R) NFTs in the primary sale. The corresponding USDT amount will be deducted from their Binance Spot Wallet balance. Users who do not hold winning participation tickets will have their locked USDT automatically returned to their Spot Wallets.

c. Super Rare

i. Sales Model: Subscription

ii. Total Quantity for Sale: 80

iii. Unit Price: 200 USDT

iv. Key Phase:

1. Preparation Phase — 2023-07-04 00:00 (UTC) to 2023-07-10 02:00 (UTC)
During the Preparation Phase, users must fulfill the BNB Prerequisite by meeting the minimum daily average BNB holding of 0.1 BNB. Those who fulfill this requirement qualify to participate in the Super Rare and Rare NFT primary sales.

2. Subscription Phase — 2023-07-10 02:00 (UTC) to 2023-07-13 09:00 (UTC)
Qualified users will proceed to the Subscription Phase, where they will be allocated participation tickets to join the sale. Each qualified user can only receive twelve participation tickets for the Super Rare NFT primary sale.
During this phase, users must submit the participation tickets to the respective NFT primary sales by clicking [Subscribe for Ticket(s)]. Only users who submit and subscribe to their tickets will be qualified to participate in the respective sale.
After users subscribe to the Super Rare NFT primary sale(s), all committed participation tickets will enter the corresponding pool, where each ticket has an equal chance of winning. Note that each committed participation ticket will mean that the corresponding amount of 200 USDT is locked, and this will only be refunded at the end of the Distribution Phase for those who do not receive a winning ticket.
Users can only use the available USDT balance in their Spot Wallets to complete subscriptions. However, they should ensure sufficient USDT in their Spot Wallets before subscribing to their participation tickets.

3. Calculation Phase — 2023-07-13 09:00 (UTC) to 2023-07-13 12:00 (UTC)
The system will select the winning tickets from all committed participation tickets. A winning ticket allows users to purchase a CR7 NFT in the respective Super Rare and/or Rare NFT primary sale(s), where applicable.

4. Distribution Phase — 2023-07-13 12:00 (UTC)
Users who hold winning participation tickets can purchase CR7 Super Rare (SR) NFTs in the primary sale. The corresponding USDT amount will be deducted from their Binance Spot Wallet balance. Users who do not hold winning participation tickets will have their locked USDT automatically returned to their Spot Wallets.

d. Super Super Rare

i. Sales Model: Auction

ii. Total Quantity for Sale: 6

iii. Auction Start Bidding Price: 15,000 USDT

iv. Auction Start Time: July 3, 2023, 14:00 UTC

v. Auction End Time: July 5, 2023, 14:00 UTC

vi. NFT Distribution: NFTs will be distributed to the auction winners after the auction's stated End Time.

vii. In case there are no active bids for the auction, the auction will remain live until 2023-07-23 at 14:00 (UTC).

C. Eligibility

a. Only users who have completed identity verification will be eligible to purchase NFTs in the auction and/or participate in the NFT primary sale via the Subscription Mechanism and/or the ForeverCR7 Box sales.

b. Only users who hold NFTs on the snapshot date of Aug 31, 2023, will be eligible for the following Utilities:

i. Recorded thank you message from CR7

ii. Printable signed Binance x CR7 poster

iii. Video from Ronaldo, where he shares his thoughts about the goal captured by the NFT

c. Only Users who hold NFTs on the snapshot date of Aug 31, 2023, and also click the [Redeem] button before 23:59:59 (UTC) Aug 31, 2023 will be eligible for the following Utilities:

i. Training session with Cristiano Ronaldo in person,

ii. Binance football shirt signed by Ronaldo

iii. Entry ticket to an upcoming Binance Blockchain Week (BBW).
Please note that BBW tickets will be allocated for set dates and must be used for the designated event; all other BBW expenses to be paid for by the user.

d. Extra Eligibility for Training Session with CR7 in Saudi Arabia

i. You must possess a valid and approved passport and visa (where applicable) to be eligible for claiming the utility services.

ii. Binance reserves the right to verify the age and visa approval of any individual claiming the utility services. You agree to cooperate with any reasonable requests made by Binance to verify your age, passport validity and visa approval, including providing necessary documentation and information.

iii. Failure to provide satisfactory documentation within the specified timeframe may result in the forfeiture of this utility.

iv. The following travel costs will be provided by Binance as part of the utility: premium economy accommodations — round-trip travel, 2 nights hotel stay at Binance’s choice, ground car service, daily per diem - for SSR NFT holder only. All other costs shall be covered by the NFT holder.

v. The training session is expected to happen no later than Dec 31st, 2023, and will tentatively be held in Saudi Arabia. Confirmed Date and Time will be provided to you in due course. If you cannot attend the date, your utility will be forfeited.

D. Airdrop Event to CR7 Drop 1 NFT holders

Binance will also airdrop rewards to the CR7 NFT Collection NFT holders (Drop 1) for their support. Detailed Rules as per the following:

a. The CR7 NFT Collection Normal NFT holders will be airdropped The CR7 NFT Mystery Box NFT (from Drop 1).

b. The CR7 NFT Collection Rare NFT holders will be airdropped a ForeverCR7 Box containing a Normal NFT from the ForeverCR7: The GOAT NFT collection.

c. The CR7 NFT Collection Super Rare NFT holders will be airdropped a ForeverCR7: The GOAT NFT collection Rare NFT.

d. The CR7 NFT Collection Super Super Rare NFT holders will be airdropped a ForeverCR7: The GOAT NFT collection Super Rare NFT.

The snapshot date of May 23, 2023, 23:59:59 (UTC) will confirm who is eligible for the airdrop event. To qualify for this airdrop, you must have had one of the rarity levels in your wallet at the time of the snapshot stated above.

The Distribution will be completed no later than July 31, 2023, 23:59:59 (UTC).

E. “Collect and Win” Campaign

Collect a complete set of ForeverCR7 Boxes, a complete set of R NFTs, or any two different SR NFTs, and stand a chance to receive an SSR or SR NFT from the ForeverCR7: The GOAT NFT collection!

Activity Period: 2023-07-03 14:00 (UTC) to 2023-07-23 23:59 (UTC)

Snapshot Period: 2023-07-24
Winner Announcement: 2023-07-31

NFT Distribution: 2023-08-07
All users who manage to collect a complete set of all seven different ForeverCR7: The GOAT N NFTs, a complete set of all six different ForeverCR7: The GOAT R NFTs, or any two different SR NFTs from the ForeverCR7: The GOAT NFT collection, and hold them in their Binance accounts during the Snapshot Period, will qualify for this Activity.
11 eligible users will be selected based on the Awards Selection Rules Based on BNB Beacon Chain Hash Value to each receive an exclusive SSR or SR NFT from the ForeverCR7: The GOAT NFT collection. This Activity has ten SR NFTs and one SSR NFT up for grabs.
Winners will be informed by the Binance team through messages in the Binance app and email. The winners will still have to claim their SR or SSR utility as per the T&Cs stated above, and have the NFT in their wallet on the Utilities snapshot day of 2023-08-31 (23:59:59 UTC).

F. Key Timeline

G. Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.

H. Binance reserves the right to disqualify trades that are deemed to be performed by illegally bulk-registered accounts.

I. Additional promotion terms and conditions can be accessed here.

J. Binance NFT Marketplace Terms of Use can be accessed here.

K. Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Note: This announcement was updated on 2023-07-05 to amend the conditions of the auction and dates of the NFT sale and subscriptions.