Terms & Conditions
$WRT Airdrop Terms & Conditions
- General Overview: The $WRT Airdrop (hereafter referred to as “Airdrop”) is organized by WorkoutApp to reward community members and contributors with $WRT tokens. By participating in the Airdrop, you agree to these Terms & Conditions, which outline the requirements, procedures, and conditions for claiming the tokens.
- Eligibility:
- Participants must be verified community members of WorkoutApp.
- Each participant must use a valid wallet address associated with WorkoutApp or its partner platforms (e.g., Zealy).
- WorkoutApp reserves the right to restrict or revoke participation at its discretion, including in cases of suspected fraudulent behavior or bot activity.
- Verification Process: To ensure fairness and the integrity of the Airdrop, participants may be required to complete a verification process. This may involve transferring funds to a specified wallet or completing other tasks as outlined by WorkoutApp. Specific details and instructions will be provided closer to the Airdrop. Failure to complete the verification within the given timeframe may result in forfeiture of the tokens.
- Token Allocation and Distribution: Tokens will be distributed to participants based on various factors determined by WorkoutApp, including, but not limited to, engagement, participation, and other undisclosed criteria. WorkoutApp reserves the right to adjust the distribution at its sole discretion. The exact method and conditions for token allocation may not be publicly disclosed.
- Refunds and Adjustments: If participants have made donations or payments related to the Airdrop (in USDT or other forms), they are eligible for a refund upon request. Refund requests must be submitted via email to social@workoutapp.io, providing the relevant transaction details and the wallet address for receiving refunds. Refund requests must be submitted before the airdrop tokens are received; once tokens are distributed, refund requests will no longer be eligible.
- Donation Conversion: WorkoutApp reserves the right to modify or adjust the donation structure initially included in the Airdrop. Previously pledged donations may be converted or allocated in alternative forms, including but not limited to tokens or other rewards. The specifics of such conversions or allocations will be determined by WorkoutApp at its discretion, based on the needs and goals of the Airdrop.
- Unclaimed Tokens and Burning: Tokens that are not claimed within the allocated time frame may be subject to burning, which will reduce the total token supply. This process is intended to benefit all active participants by supporting the overall value of the token.
- Limitation of Liability: To the fullest extent, WorkoutApp, its affiliates, directors, officers, employees, and agents shall not be liable for any direct, indirect, incidental, special, or consequential damages, including but not limited to loss of profits, data, or other intangible losses, arising out of or in connection with the participation in the Airdrop, the use of $WRT tokens, or reliance on any information provided regarding the Airdrop, whether such damages arise in contract, tort (including negligence), equity, statute, or otherwise.
- Indemnification: By participating in the Airdrop, participants agree to indemnify, defend, and hold harmless WorkoutApp, its affiliates, and its respective officers, directors, employees, and agents from and against any and all claims, liabilities, damages, losses, and expenses (including reasonable attorneys' fees and costs) arising out of or in connection with their participation in the Airdrop or any breach of these Terms & Conditions.
- Amendments: WorkoutApp reserves the right to amend or update these Terms & Conditions at any time. Participants are responsible for keeping themselves informed about any changes.
- Disclaimers:
- Participation in the Airdrop is entirely voluntary, and participants assume all risks associated with participation.
- WorkoutApp makes no warranties or representations, express or implied, regarding the Airdrop or $WRT tokens, including but not limited to fitness for a particular purpose or non-infringement.
- WorkoutApp reserves the right to modify, suspend, or cancel the Airdrop at any time without prior notice or liability.
- Governing Law and Jurisdiction: These Terms & Conditions shall be governed by, construed, and enforced in accordance with the laws of Belize, without regard to its conflict of laws principles. Any dispute, controversy, or claim arising out of or relating to the Airdrop, these Terms & Conditions, or the breach, termination, or validity thereof shall be subject to the exclusive jurisdiction of the courts of Belize. Participants irrevocably submit to the personal jurisdiction of such courts and waive any objections to the jurisdiction or venue of such courts, including objections based on forum non conveniens.
- Security and Anti-Scam Notice: Participants are advised to exercise caution and be vigilant against fraudulent activities, phishing attempts, and other scams. WorkoutApp will never request personal information, private keys, or additional payments outside of the verification or charity donation process specified in these Terms & Conditions. Official communication regarding the Airdrop will be conducted exclusively through authorized channels. WorkoutApp is not liable for any losses or damages incurred as a result of unauthorized actions by third parties or scams impersonating WorkoutApp or its affiliates.
By participating in the $WRT Airdrop, you acknowledge that you have read, understood, and agree to abide by these Terms & Conditions.
The following Terms and Conditions (“Terms”) govern your (“you” or the “Purchaser”) purchase of cryptographic tokens (“WRT”) from Astorian Capital Management, LLC, a Limited Liability Company registered in Suite 302, Blake Building, Corner Hutson and Eyre Street, Belize city, Belize (the “Company”). Each of you and the Company is a “Party” and, together, the “Parties” to these Terms. This document is not a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. This document describes the WRT token sale.
IF YOU DO NOT AGREE TO THESE TERMS, DO NOT PURCHASE WRT FROM THE COMPANY. BY PURCHASING WRT FROM THE COMPANY, YOU WILL BE BOUND BY THESE TERMS AND ANY TERMS INCORPORATED BY REFERENCE. IF YOU HAVE ANY QUESTIONS REGARDING THESE TERMS, PLEASE CONTACT THE COMPANY AT SOCIAL@WORKOUTAPP.IO
By purchasing WRT, and to the extent permitted by law, you are agreeing not to hold any of the Company and its respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (the “WorkoutApp Team”) liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the sale of WRT, including losses associated with the terms set forth below.
PURCHASES OF WRT SHOULD BE UNDERTAKEN ONLY BY INDIVIDUALS, ENTITIES, OR COMPANIES THAT HAVE SIGNIFICANT EXPERIENCE WITH, AND UNDERSTANDING OF, THE USAGE AND INTRICACIES OF CRYPTOGRAPHIC TOKENS, INCLUDING Binance Smart Chain TOKENS, AND BLOCKCHAIN BASED SOFTWARE SYSTEMS. PURCHASERS SHOULD HAVE A FUNCTIONAL UNDERSTANDING OF STORAGE AND TRANSMISSION MECHANISMS ASSOCIATED WITH OTHER CRYPTOGRAPHIC TOKENS. WHILE THE COMPANY WILL BE AVAILABLE TO ASSIST PURCHASERS OF WRT DURING THE SALE, THE COMPANY WILL NOT BE RESPONSIBLE IN ANY WAY FOR LOSS OF BTC, ETH OR WRT RESULTING FROM ACTIONS TAKEN BY, OR OMITTED BY PURCHASERS. IF YOU DO NOT HAVE SUCH EXPERIENCE OR EXPERTISE, THEN YOU SHOULD NOT PURCHASE WRT OR PARTICIPATE IN THE SALE OF WORKOUTAPP. YOUR PARTICIPATION IN WORKOUTAPP SALE IS DEEMED TO BE YOUR UNDERTAKING THAT YOU SATISFY THE REQUIREMENTS MENTIONED IN THIS PARAGRAPH.
PURCHASER AGREES TO BUY, AND COMPANY AGREES TO SELL, THE WRT TOKENS IN ACCORDANCE WITH THE FOLLOWING TERMS:
#1 The conditions of the WRT token sale
YOU MAY NOT MAKE A ACQUIRE A WRT TOKEN IF YOU ARE A CITIZEN, RESIDENT (TAX OR OTHERWISE) OR GREEN CARD HOLDER OF THE UNITED STATES OF AMERICA, OR OTHER COUNTRIES WHERE THE CRYPTOCURRENCIES ARE PROHIBITED BY LAW.
#2 The Company Will Not Purchase WRT token During the WorkoutApp Sale
The Company warrants that neither it nor its shareholders will purchase WRT during the WorkoutApp sale. Furthermore, the Company warrants that neither it nor its shareholders will purchase WRT from any third party during the period of the WRT sale.
#3 All purchases of WRT are final
ALL PURCHASES OF WRT ARE FINAL. PURCHASES OF WRT ARE NON- REFUNDABLE. BY PURCHASING WRT, THE PURCHASER ACKNOWLEDGES THAT NEITHER THE COMPANY NOR ANY OF ITS AFFILIATES, DIRECTORS OR SHAREHOLDERS ARE REQUIRED TO PROVIDE A REFUND FOR ANY REASON.
#4 Disclaimer of Warranties
THE PURCHASER EXPRESSLY AGREES THAT THE PURCHASER IS PURCHASING WRT AT THE PURCHASER’S SOLE RISK AND THAT WRT IS PROVIDED ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE OR IMPLIED WARRANTIES, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE (EXCEPT ONLY TO THE EXTENT PROHIBITED UNDER APPLICABLE LAW WITH ANY LEGALLY REQUIRED WARRANTY PERIOD TO THE SHORTER OF THIRTY DAYS FROM FIRST USE OR THE MINIMUM PERIOD REQUIRED). WITHOUT LIMITING THE FOREGOING, NONE OF THE WORKOUTAPP TEAM WARRANTS THAT THE PROCESS FOR PURCHASING WRT WILL BE UNINTERRUPTED OR ERROR-FREE.
#5 Risk of Uninsured Losses
Unlike bank accounts or accounts at some other financial institutions, WorkoutApp is uninsured unless you specifically obtain private insurance to insure them. Thus, in the event of loss or loss of utility value, there is no public insurer or private insurance arranged by Company, to offer recourse to you.
#6 Risk of Losing Access to WorkoutApp cold wallets Due to Loss of Private Key(s), Custodial Error or Purchaser Error
A private key, or a combination of private keys, is necessary to control and dispose of WRT stored in your digital wallet or vault. Accordingly, loss of requisite private key(s) associated with your digital wallet or vault storing WRT will result in loss of such WRT. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a hosted wallet service you use, may be able to misappropriate your WRT. Any errors or malfunctions caused by or otherwise related to the digital wallet or vault you choose to receive and store WRT in, including your own failure to properly maintain or use such digital wallet or vault, may also result in the loss of your WRT. Additionally, your failure to follow precisely the procedures set forth in for buying and receiving Tokens, including, for instance, if you provide the wrong address for the receiving WRT, or provides an address that is not BEP20 compatible, may result in the loss of your Tokens.
#7 Risks Associated with the Binance Smart Chain Protocol
Because WRT and the WorkoutApp platform are based on the Binance Smart Chain protocol, any malfunction, breakdown or abandonment of the Binance Smart Chain protocol may have a material adverse effect on the platform or WRT. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the WRT and the platform, including the utility of the WRT for obtaining services, by rendering ineffective the cryptographic consensus mechanism that underpins the Binance Smart Chain protocol.
#8 Risk of Mining Attacks
As with other decentralized cryptographic tokens based on the Binance Smart Chain protocol, WRT are susceptible to attacks by miners in the course of validating WRT transactions on the Binance Smart Chain blockchain, including, but not limited, to double-spend attacks, majority mining power attacks, and selfish-mining attacks. Any successful attacks present a risk to the platform and WRT, including, but not limited to, accurate execution and recording of transactions involving WRT.
#9 Risk of Hacking and Security Weaknesses
Hackers or other malicious groups or organizations may attempt to interfere with the platform or WRT in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing, and spoofing. Furthermore, because the platform is based on open-source software, there is a risk that a third party or a member of the Company team may intentionally or unintentionally introduce weaknesses into the core infrastructure of the platform, which could negatively affect the platform and WRT, including the utility of WRT for obtaining services.
THE PURCHASER EXPRESSLY AGREES THAT THE PURCHASER IS PURCHASING WRT AT THE PURCHASER’S SOLE RISK AND THAT WRT IS PROVIDED ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE OR IMPLIED WARRANTIES, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE (EXCEPT ONLY TO THE EXTENT PROHIBITED UNDER APPLICABLE LAW WITH ANY LEGALLY REQUIRED WARRANTY PERIOD TO THE SHORTER OF THIRTY DAYS FROM FIRST USE OR THE MINIMUM PERIOD REQUIRED). WITHOUT LIMITING THE FOREGOING, NONE OF THE WORKOUTAPP TEAM WARRANTS THAT THE PROCESS FOR PURCHASING WRT WILL BE UNINTERRUPTED OR ERROR-FREE.
WORKOUTAPP INVESTMENTS RISKS:
By purchasing, owning, and using WRT, you expressly acknowledge and assume the following risks:
#1 Risk of Losing Access to WRT Due to Loss of Private Key(s), Custodial Error or Purchaser Error
A private key, or a combination of private keys, is necessary to control and dispose of WRT stored in your digital wallet or vault. Accordingly, loss of requisite private key(s) associated with your digital wallet or vault storing WRT will result in loss of such WRT. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a hosted wallet service you use, may be able to misappropriate your WRT. Any errors or malfunctions caused by or otherwise related to the digital wallet or vault you choose to receive and store WRT in, including your own failure to properly maintain or use such digital wallet or vault, may also result in the loss of your WRT. Additionally, your failure to follow precisely the procedures set forth in for buying and receiving Tokens, including, for instance, if you provide the wrong address for the receiving WRT, or provides an address that is not BEP20 compatible, may result in the loss of your Tokens.
#3 Risk of Hacking and Security Weaknesses
Hackers or other malicious groups or organizations may attempt to interfere with the platform or WRT in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing, and spoofing. Furthermore, because the platform is based on open-source software, there is a risk that a third party or a member of the Company team may intentionally or unintentionally introduce weaknesses into the core infrastructure of the platform, which could negatively affect the platform and WRT, including the utility of WRT for obtaining services.
#4 Risks Associated with Markets for WRT
If secondary trading of Tokens is facilitated by third-party exchanges, such exchanges may be relatively new and subject to little or no regulatory oversight, making them more susceptible to fraud or manipulation. Furthermore, to the extent that third-parties do ascribe an external exchange value to WRT (e.g., as denominated in a digital or fiat currency), such value may be extremely volatile.
#5 Risk of Uninsured Losses
Unlike bank accounts or accounts at some other financial institutions, WRT are uninsured unless you specifically obtain private insurance to insure them. Thus, in the event of loss or loss of utility value, there is no public insurer or private insurance arranged by Company, to offer recourse to you.
#6 Risks Associated with Uncertain Regulations and Enforcement Actions
The regulatory status of WRT and distributed ledger technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether regulatory agencies may apply existing regulation with respect to such technology and its applications, including the WorkoutApp platform and WRT. It is likewise difficult to predict how or whether legislatures or regulatory agencies may implement changes to law and regulation affecting distributed ledger technology and its applications, including the platform and WRT. Regulatory actions could negatively impact the platform and WRT in various ways, including, for purposes of illustration only, through a determination that the purchase, sale and delivery of WRT constitute unlawful activity or that WRT is a regulated instrument that requires registration or licensing of those instruments or some or all of the parties involved in the purchase, sale and delivery thereof. The Company may cease operations in a jurisdiction in the event that regulatory actions, or changes to law or regulation, make it illegal to operate in such jurisdiction, or commercially undesirable to obtain the necessary regulatory approval(s) to operate in such jurisdiction.
#7 Risks Arising from Taxation
The tax characterization of WRT is uncertain. You must seek your own tax advice in connection with purchasing WRT, which may result in adverse tax consequences to you, including withholding taxes, income taxes and tax reporting requirements.
#8 Risk of Competing platforms
It is possible that alternative platforms could be established that utilize the same open-source code and protocol underlying the platform and attempt to facilitate services that are materially similar to the WorkoutApp services.
#9 Risks Arising from Lack of Governance Rights
Because WRT confers no governance rights of any kind with respect to the WorkoutApp platform or the Company, all decisions involving the Company’s products or services within the platform or the Company itself will be made by the Company at its sole discretion. These decisions could adversely affect the platform and the utility of any WRT you own, including their utility for obtaining services.
#10 Unanticipated Risks
Cryptographic tokens such as WRT are new and untested technology. In addition to the risks included in this Annex A of these Terms, there are other risks associated with your purchase, possession and use of WRT, including unanticipated risks. Such risks may further materialize as unanticipated variations or combinations of the risks discussed in this Annex A of these Terms. Further Information
For further information regarding the WRT sale, please contact social@workoutapp.io