PROPCHAIN AIRDROP TERMS AND CONDITIONS

These Terms of Service are provided by PC Holdings LLC, a limited liability company duly registered in SVG under the registration number 1585LLC2021, having its principal place of business at MBFC Tower 3, 17/F, 12 Marina Boulevard, Singapore, 018982 (hereinafter referred to as "Propchain," "the Organizer," "we," "us," or "our").

By participating in the Propchain Airdrop (hereinafter referred to as the "Airdrop"), you acknowledge that you have read, understood, and agree to be bound by these terms and conditions (the "Terms") in their entirety. If you do not agree with any part of these Terms, you are prohibited from participating in the Airdrop.

1. GENERAL PROVISIONS
1.1 The Airdrop is organized by Propchain and is subject to these Terms.
1.2 Participation in the Airdrop is free of charge and voluntary.
1.3 The Organizer reserves the right to modify, suspend, or terminate the Airdrop under extraordinary circumstances, such as regulatory requirements, security threats, or other events beyond the Organizer’s control. Any changes to these Terms will be communicated to participants via email or other direct communication channels at least 14 days before taking effect.
1.4 Continued participation in the Airdrop following any modifications to these Terms constitutes acceptance of the modified Terms.

2. DEFINITIONS
For the purposes of these Terms:
2.1 "Airdrop" refers to the Propchain token distribution program.
2.2 "$PROPC" refers to the Propchain ecosystem token.2.3 "RWA" refers to Real World Assets.
2.4 "User Content" refers to any content created by participants.
2.5 "Platform" refers to the Prop.com platform.
2.6 "Rewards" refers to any tokens, RWA, or other benefits distributed through the Airdrop.
2.7 "Participant" refers to any individual or entity participating in the Airdrop.
2.8 "Zealy" refers to the platform hosting the Engage & Earn program.

3. ELIGIBILITY
3.1 Participants must be at least 18 years old or of legal age of majority in their jurisdiction and have full legal capacity to accept these Terms.
3.2 Participants must maintain a compatible cryptocurrency wallet (Metamask, Ledger, or Trust Wallet) on the Ethereum blockchain and complete all required tasks as specified by the Organizer.
3.3 Winners selected for RWA rewards must complete the Prop.com onboarding process, including applicable know-your-customer (KYC) and anti-money laundering (AML) verification procedures.
3.4 Participation is prohibited for residents of jurisdictions where cryptocurrency airdrops are restricted or illegal. The list of prohibited jurisdictions is provided here and updated periodically by FATF. Participants are responsible for ensuring compliance with their local laws.
3.5 The Organizer reserves the right to verify participant eligibility at any time and request additional documentation. Participants who fail to meet eligibility criteria will be excluded from the Airdrop.

4. USER-GENERATED CONTENT AND ENGAGE & EARN PROGRAM
4.1 Participants in the Engage & Earn program must ensure all submitted User Content is original or properly licensed. Participants warrant that their content does not infringe upon any third-party rights or violate any applicable laws, in such cases the User will be disqualified from the program.
4.2 By submitting User Content, participants grant the Organizer a non-exclusive, worldwide, royalty-free license to use the content solely for purposes related to the Airdrop. This license does not include the right to sell or otherwise commercialize User Content beyond the scope of the Airdrop.
4.3 The Organizer reserves the right to remove content that violates these Terms, applicable laws, or community guidelines. Participants whose content is removed will be notified and given an opportunity to appeal.

5. REAL WORLD ASSET (RWA) SPECIFIC TERMS
5.1 RWA rewards will be distributed to a maximum of 500 winners, with reward amounts determined by the final reward pool size. Clear allocation criteria will be communicated before the rewards are distributed.
5.2 Winners must successfully complete the onboarding process on the Prop.com platform, including all KYC/AML verification requirements. Failure to do so will result in forfeiture of rewards.
5.3 If a vesting schedule is introduced for rewards, it will be communicated transparently, and participants will have the option to withdraw from the Airdrop if they disagree with the schedule.

6. TECHNICAL REQUIREMENTS
6.1 Participants must use a compatible Ethereum blockchain wallet (Metamask, Ledger, or Trust Wallet). Participants are responsible for wallet security and gas fees associated with blockchain transactions.
6.2 The Organizer is not liable for technical failures, compromised wallets, or blockchain network issues. Participants are encouraged to take necessary precautions to secure their wallets.

7. LIMITATION OF LIABILITY
7.1 To the extent permitted by law, the Organizer shall not be liable for any direct, indirect, incidental, or consequential damages arising from participation in the Airdrop, except where such liability cannot be excluded under applicable laws.
7.2 The Organizer’s liability is limited to the value of the rewards distributed to participants.
7.3 This limitation does not apply to damages arising from gross negligence or willful misconduct by the Organizer.

8. PRIVACY AND DATA PROTECTION
8.1 The Organizer will collect and process personal data in accordance with applicable data protection laws, including GDPR where applicable.
8.2 Data collected will be used solely for Airdrop administration, eligibility verification, and compliance purposes. No data will be shared with third parties without explicit participant consent, except where required by law. For more information on how data is handled please refer to our privacy policy.
‍8.3 Participants have the right to access, rectify, or delete their data by contacting the Organizer at data@propchain.com.

9. TAX COMPLIANCE
9.1 Participants are solely responsible for complying with local tax laws regarding rewards received through the Airdrop.
9.2 The Organizer will provide guidance on potential tax implications upon request but does not assume responsibility for participants' tax obligations.

10. DISCLAIMERS
10.1 Participation in the Airdrop does not constitute financial or investment advice. The Organizer makes no representations regarding the value or utility of $PROPC tokens.
10.2 The Organizer does not guarantee the future availability, value, or regulatory status of the tokens distributed.

11. INDEMNIFICATION
11.1 Participants agree to indemnify and hold harmless the Organizer from any claims or liabilities arising from their participation in the Airdrop, except where such claims result from the Organizer’s negligence or misconduct.

12. GOVERNING LAW AND JURISDICTION
12.1 These Terms shall be governed by the laws of Saint Vincent and the Grenadines.
12.2 Any disputes shall be subject to arbitration in Saint Vincent and the Grenadines. The Organizer will seek to resolve disputes amicably before arbitration.

13. SEVERABILITY
13.1 If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

14. FINAL PROVISIONS
14.1 These Terms constitute the entire agreement between the Organizer and participants regarding the Airdrop.
14.2 For questions, please contact:

PC Holdings LLC
MBFC Tower 3, 17/F
12 Marina Boulevard
Singapore, 018982
Email: Legal@propchain.com

Last Updated: December 16, 2024