InsurAce the leading DeFi insurance protocol ran a flash airdrop on the 10th May 2021 from 10am EST until 3pm EST. Our full list of T&Cs for this airdrop can be found at the end of this post.
Rewards:
- Earn 5 $INSUR tokens for completing the tasks outlined by our Airdrop Bot
2. Earn 5 more $INSUR tokens for every completed referral of the bot to other DeFi community members!
Please note that the bot contained one minor error. The referral counter was counting clicks of the referral links, not eligible entries. Therefore the original total shown for referrals may be higher than the final referral figure. Referrals supplied us with a parent ID that we can verify against the original account to allocate referral totals accordingly.
Distribution:
Distribution of the airdrop tokens to eligible entries will be made between the 24th to the 30th May 2021 or earlier if possible.
Distribution will be made directly to the ERC20 token address supplied. Some wallets may need to have INSUR tokens turned on to be visible (e.g. Trust Wallet you can show INSUR tokens by searching for it in the app)
Queries regarding individual allocations of tokens will not be answered until all tokens have been distributed to eligible addresses, latest 30th May.
Typical disqualifications include:
- Missing or incorrect data on key fields (excluding Instagram and Youtube)
- Incorrect ERC20 address (missing info or supply of BSC address for example)
- Duplicate entries of ERC20 address, telegram username, email or twitter. In this case, only one entry will be eligible.
- Entries identified as bots.
- We will randomly check the validity of up to 20% of submitted twitter accounts and email addresses.
All decisions made by InsurAce are final.
Airdrop T&Cs
InsurAce Airdrop Standard Terms and Conditions
- Certain users of InsurAce (“Eligible Users”) may be eligible to receive free, automatic distributions of digital assets (“Tokens”) from time to time, at the sole discretion of InsurAce Global Limited (“InsurAce”), in accordance with these Airdrop Standard Terms and Conditions (the “Airdrop Rules”) and InsurAce’s Terms of Use posted on the InsurAce website. Each such distribution is referred to as an “Airdrop”.
- InsurAce reserves the right to cancel or amend these Airdrop Rules and the specifications, terms and conditions of any Airdrop at its sole discretion.
- By accepting Tokens in an Airdrop, you represent that you have read, understood and agreed to be bound by these Airdrop Rules and you acknowledge and agree to be legally bound by these Airdrop Rules without limitation or qualification. You further agree that all decisions of InsurAce shall be final and conclusive. You also understand that prices fluctuate in the market and any price quoted during the Airdrop may not be the final price received. The number of tokens promised will remain constant.
- Users from the following UN, FATF or MAS sanctioned countries are excluded from Airdrops without exception:
- Bahamas, Congo, Eritrea, Ethiopia, Ghana, Iran, Libya, North Korea, Pakistan, Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Yemen
5. Users from Japan and the United States of America are also excluded from Airdrops due to regulatory and compliance reasons.
6. InsurAce at its sole discretion will determine the eligibility criteria for each Airdrop, including the number of Tokens to be distributed to Eligible Users that satisfy specified criteria. Different Eligible Users may receive different amounts of Tokens in any particular Airdrop depending on the criteria determined by InsurAce for such Airdrop. InsurAce will have no obligation to notify users of InsurAce of the eligibility criteria for any Airdrop prior to the execution of such Airdrop. For the avoidance of doubt, the User must have completed the Airdrop bot (“InsurAce Airdrop Bot”) with correct and verified information.
7. In addition to any other eligibility criteria set forth in these Airdrop Rules or otherwise determined by InsurAce, to receive an Airdrop all participants must have an approved, live InsurAce account (ERC20 Token Address) containing a positive balance of Tokens (0, or more tokens).
8. InsurAce reserves the sole and absolute right to disqualify any user that InsurAce deems ineligible for an Airdrop (be it under these Airdrop Rules or by having engaged in a conduct that InsurAce considers inappropriate or unacceptable). If a User thinks they are eligible but have been deemed ineligible they may contact any admin in the official Telegram Channel.
9. Tokens will be credited to each Eligible User’s Verified Account on a date and time determined by InsurAce. Upon completion of an Airdrop, InsurAce will notify Eligible Users that Tokens were credited to each Eligible User’s Verified Account.
10. Airdrops are not transferable and no substitutions or cash equivalents are permitted. Duplicates of ERC20 addresses submitted by multiple users will not be eligible.
11. InsurAce decisions in any matter in relation to Airdrop are final and conclusive. InsurAce will not entertain any requests for appeal or review.
12. We understand many users may not have Instagram or Youtube channels. In this instance simply include htttps://www.instagram.com/insurace and https://www.youtube.com/insurace as your submissions to be eligible for the airdrop.
13. There is a hard limit of 7500 users for this airdrop (37500 token issuance). If this limit is hit before the end date, the airdrop will cease operations at this time. Any tokens remaining after discarding ineligible entries will be re-used for further community promotions.
For further information please contact dan.thomson@insurace.io
