NO PURCHASE IS NECESSARY TO ENTER THIS TOKEN DROP. A PURCHASE DOES NOT INCREASE THE TOKENS GAINED FROM THIS ONLINE EVENT. IF ANYONE TRIES TO GET YOU TO PASS OVER TOKENS OR FIAT FOR THIS CONTEST THEN IT IS A SCAM AND YOU SHOULD NOT DO IT, AND PLEASE REPORT IT TO US. BE AWARE OF SCAMERS AND LET WORK TOGETHER TO PROTECT THE COMMUNITY.
1. Eligibility: This Campaign is open only to those who are of legal age of majority and are in countries where tokens and cyrptocurrency are not illegal to possess and trade.
2. Agreement to Rules: By participating, the Entrant (“You”) agree to be fully unconditionally bound by these Rules, and You represent and warrant that You meet the eligibility requirements. In addition, You agree to accept the decisions of YST Technology PTE. LTD. as final and binding as it relates to the content of this Campaign.
3. Campaign Period: Entries will be accepted online starting June 29th, 2019 on and ending July 31st, 2019. All online entries and actions in the Token Drop must be completed by August 1st, 2019 at 00:00 (12:00am) Pacific Daylight Time. Any actions after this point will not be rewarded, if you completed a required action (such as following one of our groups) during this time and then undid it before this time you will be considered to have withdrawn from the Token Drop.
4. How to Enter: The Campaign must be entered by submitting an entry using the Telegram Chatbot (http://t.me/YST_Airdrop_Bot). The entry must fulfill all Campaign requirements, as specified, to be eligible to receive any tokens. Entries that are incomplete or do not adhere to the rules or specifications may be disqualified at the sole discretion of YST Technology PTE. LTD. You may enter only once. Any indication of multiple entries or attempts to game the system, will ban all your accounts from future Token Drop events. You must provide the information requested in the manner it was requested, any typos or incorrectly entered info may disqualify you or prevent you from acquiring the tokens. We are not responsible to allow you to correct your info if you miss spell or type it wrong.
5. Prizes: The Entrants of this airdrop will receive a minimum of 3 YST up to a total value of 50 YST depending on if they complete all optional aspects and refer enough of their friends to join (Maximum amount compensated is 10 referrals). The total value of this Token Drop is 500,000 YST tokens. Each YST token is worth approximately 1 US dollar (YST = 1150 KRW = 0.99 USD) according to its trading price on Coinbit Token Exchange (https://www.coinbit.co.kr/) as of the 22nd of June, 2019. Actual/appraised value of the YST tokens may differ at time the prize is awarded and tokens are released. The specifics of how these tokens are released shall be solely determined by YST Technology PTE. LTD. based on whether or not the contestant met all required aspects of the application, if they have not then they tokens are forfeit. The amount of tokens you receive will be determined by the amount of verifiable actions you have taken. If we cannot verify you have completed our actions through the automated verification systems we use, then you likely entered your data incorrectly or have not completed the action; in either situation no tokens for that part of the drop will be rewarded if we cannot verify the action was taken. No cash or other prize substitution shall be offered; only YST tokens are available as the award for this event. The prize is nontransferable. Any and all prize-related expenses, including without limitation any and all federal, state, and/or local taxes, shall be the sole responsibility of Winner. No substitution of prize or transfer/assignment of prize to others or request for the cash equivalent by Winner is permitted. Acceptance of prize constitutes permission for YST Technology PTE. LTD. to use Winner’s account info and entry for purposes of advertising and trade without further compensation, unless prohibited by law. If you agreed to receive our newsletter for this contest you may opt out of it at any time AFTER receiving the first newsletter following the contest completion.
6. Requirements to Enter the Contest: You must have all the following accounts to enter this Token Drop. if you do not have one of these you must register one or you cannot complete the application:
. An active email address (a verification code will be sent to your email to confirm it is yours)
. An active Telegram account. You must follow our official Channel and one Chat group and stay in it until the end of the contest.
. An active Twitter account. You must follow our account until the end of the contest.
. An existing ERC20 Wallet with 0.1 ETH inside it.
. You must create our Y-Wallet and provide valid (not-expired) government ID (The ID must have a photo, your full name, a unique ID number, and your date of birth and not be expired) from your home country as KYC to prove your identity before you can claim your tokens. You will be required to also send a photo of yourself taken from your phone to verify this is the person using the ID. If the ID is damaged, or illegible because of wear or is not in English at all and we cannot read the information on it, it will not be accepted. If your wallet was created before the beginning of this contest, you may not qualify for the 20 YST for creating the wallet, but you will still get all other tokens you earn and double tokens for all actions taken in the contest.
7. Dispersal of Tokens and Lock-Up Period: Tokens will be released on a roll-out period based on the order people entered the contest. Every Week we will release the tokens in groups of 1000 people based on the order that they entered the Token Drop (ie. The first 1000 people to enter will receive their tokens by around the 8th of August, 2019, the second 1000 by the 15th, etc.) This is to provide us the appropriate amount of time to manually check and verify accounts are all real accounts and that no one was circumventing our system with bots or false IDs. Tokens sent to other ERC20 wallets, since there is no KYC provide, may be subjected a longer wait time while we put them through rigorous verification processes to make sure they are not double entries. Tokens sent to newly created Y-Wallets will not be released until the KYC is provided. We will send you a notification that you haven’t verified your identity, if you still have not verified your identity in 1 month from when we contact you then you will forfeit all the tokens from the Token Drop. There is a one month Lock-up period on all tokens from this Token Drop that are sent to your Y-Wallet starting from the date you receive them, after that point you are fully free to move all of them from the wallet. YST Technology PTE. LTD. shall have no liability for Winner’s failure to receive notices due to spam, junk e-mail or other security settings or for Winner’s provision of incorrect or otherwise non-functioning contact information. If Winner cannot be contacted, is ineligible, or the accounts provided are mistaken and tokens are not received or fails to timely respond to our messages, the tokens may be forfeited. Receipt by Winner of the prize offered in this Campaign is conditioned upon compliance with any and all National, provincial and local laws and regulations.
ANY VIOLATION OF THESE OFFICIAL RULES BY WINNER (at the sole discretion of YST Technology PTE. LTD.) WILL RESULT IN ENTRANT’S DISQUALIFICATION FROM THE CAMPAIGN, AND ALL PRIVILEGES AS WINNER WILL BE IMMEDIATELY TERMINATED.
8. Terms & Conditions: YST Technology PTE. LTD. reserves the right, in its sole discretion, to cancel, terminate, modify or suspend the Campaign should virus, bug, non-authorized human intervention, fraud, or other cause beyond YST Technology PTE. LTD. control corrupt or affect the administration, security, fairness, or proper conduct of the Campaign. In such case, YST Technology PTE. LTD. may select the Winner from all eligible entries received prior to and/or after (if appropriate) the action taken by YST Technology PTE. LTD. YST Technology PTE. LTD. reserves the right, in its sole discretion, to disqualify any individual who tampers or attempts to tamper with the entry process or the operation of the Campaign or website or violates these Terms & Conditions. YST Technology PTE. LTD. has the right, in its sole discretion, to maintain the integrity of the Campaign, to void votes for any reason, including, but not limited to: multiple entries from the same user from different IP addresses; multiple entries from the same computer in excess of that allowed by Campaign rules; or the use of bots, macros, scripts, or other technical means for entering. Any attempt by an entrant to deliberately damage any website or undermine the legitimate operation of the Campaign may be a violation of criminal and civil laws. Should such attempt be made, YST Technology PTE. LTD. reserves the right to seek damages to the fullest extent permitted by law.
10. Limitation of Liability: By entering, You agree to release and hold harmless YST Technology PTE. LTD. and its subsidiaries, affiliates, advertising and promotion agencies, partners, representatives, agents, successors, assigns, employees, officers, and directors from any liability, illness, injury, death, loss, litigation, claim, or damage that may occur, directly or indirectly, whether caused by negligence or not, from: (i) such entrant’s participation in the Campaign and/or his/her acceptance, possession, use, or misuse of any token or any portion thereof; (ii) technical failures of any kind, including but not limited to the malfunction of any computer, cable, network, hardware, or software, or other mechanical equipment; (iii) the unavailability or inaccessibility of any transmissions, telephone, or Internet service; (iv) unauthorized human intervention in any part of the entry process or the Promotion; (v) electronic or human error in the administration of the Promotion or the processing of entries.
11. Disputes: THIS Campaign IS GOVERNED BY THE LAWS OF SINGAPORE WITHOUT RESPECT TO CONFLICT OF LAW DOCTRINES. As a condition of participating in this Campaign, participant agrees that any and all disputes that cannot be resolved between the parties, and causes of action arising out of or connected with this Campaign, shall be resolved individually, without resort to any form of class action, exclusively before a court located in Singapore having jurisdiction. Further, in any such dispute, under no circumstances shall participant be permitted to obtain awards for, and hereby waives all rights to, punitive, incidental, or consequential damages, including reasonable attorney’s fees, other than participant’s actual out-of-pocket expenses (i.e. costs associated with entering this Campaign). Participant further waives all rights to have damages multiplied or increased.
13. Sponsor: The Sponsor of the Campaign is YST Technology PTE. LTD.
YST Technology PTE. LTD
77 High Street
High Street Plaza
14. By entering this token drop, You, the Contestant, have affirmatively reviewed, accepted, and agreed to all of the Official Rules.