2022 POLYX March Madness
Official Rules

10 MILLION POLYX MARCH MADNESS BRACKET CHALLENGE CONTEST OFFICIAL RULES

NO PURCHASE NECESSARY. A PURCHASE, TRANSACTION OR PAYMENT OF ANY KIND WILL NOT INCREASE YOUR CHANCES OF WINNING. NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN THIS CONTEST.

PARTICIPATING IN THE 10 MILLION POLYX MARCH MADNESS BRACKET CHALLENGE CONTEST (THE “CONTEST”) CONSTITUTES YOUR ACCEPTANCE OF THESE OFFICIAL RULES. BY PARTICIPATING IN THE CONTEST, YOU REPRESENT AND WARRANT YOU MEET THE ELIGIBILITY REQUIREMENTS STATED IN THESE OFFICIAL RULES AND ACKNOWLEDGE THAT FAILURE TO MEET ALL ELIGIBILITY REQUIREMENTS WILL RESULT IN YOUR DISQUALIFICATION. A COPY OF THESE OFFICIAL RULES WILL BE AVAILABLE FOR THE DURATION OF THE CONTEST AT https://www.polymesh.network/2022polyxmarchmadness-rules.


The Contest is sponsored and administered by Polymesh Association (“Sponsor”), Industriestrasse 47, 6300 Zug, Switzerland.

1. Promotion Period

The Promotion begins on March 8, 2022 at 11:am Eastern Time (ET), ends on March 17, 2022 before the start of the first game in March Madness (the "Promotion Period"). 

2. Eligibility

The 10 Million POLYX March Madness Bracket Challenge (the “Contest” or “Promotion”) is open only to legal residents of countries not on the FATF Blacklist (i.e. North Korea, Iran), who are at least eighteen (18) years of age or older and the legal age of majority in their jurisdiction of residence and have a Polymesh account (an eligible "Entrant"). The Sponsor, Administrator, their parent, affiliates, subsidiaries, promotion agencies and each of their respective directors, officers, employees, and assigns (collectively “Released Parties”) and their immediate family members and/or those living in the same household of each (whether related or not) are not eligible. For purposes of this Promotion, the term “family member” is defined as spouse, partner, parent, legal guardian, in-law, grandparent, child, or grandchild. 

There is no purchase, transaction, or payment necessary to enter. Entering by creating a new Polymesh account during the Promotion Period, if applicable, will not increase your chances of winning. Your chances of winning are the same regardless of method of entry.

3. How to Enter

1. Follow @PolymeshNetwork on Twitter
2. Tag at least 3 friends in a reply to the contest kick-off tweet. LINK COMING SOON!
3. Retweet the contest kick-off tweet. LINK COMING SOON!
4. The name of your Bracket MUST BE EXACTLY your Twitter username. If your bracket name is not exactly your Twitter username, you will not be eligible to claim a prize.


Create a bracket using this yahoo! link: https://tournament.fantasysports.yahoo.com/t1/group/6628/invitation?key=1b30156ff889d712


Entrant must follow @PolymeshNetwork before March 18, 2022. Entrant must Retweet the contest kick-off tweet before March 18, 2022. Entrant must tag 3 Twitter users in a reply to the contest kick-off tweet before March 18, 2022.

4. For All Entry Methods

Regardless of how you enter, there is a limit of one (1) entry per person throughout the Promotion Period. Entries received from any person who attempts to cancel and create a new account, or who attempts to create an additional account, during the promotion period will be disqualified. Any attempt by any entrant to obtain more than the stated number of entries by using multiple/different email addresses or any other method will void that entrant's entries and that entrant may be disqualified. Use of any automated system to participate is prohibited and will result in disqualification. In the event of a dispute over the identity of a Potential Winner, the entry will be declared made by the authorized account holder of the Twitter account with the exact spelling of the Bracket name, and a Potential Winner may be required to provide identification sufficient to show that he/she is the authorized account holder of the Twitter account. The “authorized account holder” is the natural person assigned to the applicable email account.

5. Potential Winner Notification

Potential Winners will be contacted via Twitter DM using the Twitter username supplied as the bracket name by a representative of Polymesh, with instructions on how to claim their prize and will be required to respond to such DM within twenty-four (24) hours of the date and time email was sent by Sponsor. Potential Winners will be required to complete and return an Affidavit of Eligibility, Release of Liability, or any other document needed to validate eligibility (the “Documents”) within three (3) days (including Saturdays, Sundays, and Holidays) of first attempted delivery of the same. In the event a Potential Winner cannot be contacted, fails to respond to the email within the allotted time, refuses the prize, fails or refuses to timely return completed Documents, or if a prize/prize notification is returned as undeliverable, Potential Winner will be disqualified without further notice and an alternate winner may be selected.

NOTE: To claim a prize in this Contest, all Potential Winners must have an active Polymesh account, which has been verified by Sponsor, at the time of awarding the prize or such earlier time as specified under section 3 of these Official Rules. Potential Winners that entered the Contest that do not create a Polymesh account and do not agree to the Polymesh User Agreement and Privacy Policy within the time specified in their notification email, are ineligible to receive a prize. Creating an account will require the collection of personal information for identity verification purposes (including a valid and current driver’s license, passport, or state ID, and completion of a set of identity-verification questions). Potential Winners that do not have a Polymesh account and/or if their Polymesh account is not verified by Sponsor within the above timeframe will be disqualified. ALL POTENTIAL WINNERS ARE SUBJECT TO VERIFICATION BY SPONSOR, WHOSE DECISIONS ARE FINAL AND BINDING. AN ENTRANT IS NOT A WINNER OF ANY PRIZE UNLESS AND UNTIL THAT ENTRANT’S ELIGIBILITY AND COMPLIANCE WITH ALL REQUIREMENTS TO CLAIM A PRIZE HAVE BEEN VERIFIED AND FULFILLED, AND THE ENTRANT HAS BEEN NOTIFIED THAT VERIFICATION IS COMPLETE.

6. Prizes and Prize Restrictions

There are a total of Four (4) prizes offered in the Contest, with an estimated total retail value of approximately $0 USD.

If any entrant completes a perfect bracket, they will receive 10,000,000 POLYX. If more than one entrant completes a perfect bracket, they will split the 10,000,000 POLYX prize. E.g. if 2 entrants win, they will each receive 5,000,000 POLYX each; if 4 entrants in, they will each receive 2,500,000 POLYX each.

All prize values stated herein are in POLYX. All prizes will be fulfilled via simple transfer to winner’s Polymesh account. Restrictions may apply.

DISCLOSURE: THE VALUE OF A DIGITAL CURRENCY OR OTHER PRIZE IS SUBJECT TO CHANGE, AND THERE CAN BE A SUBSTANTIAL RISK THAT IT COULD LOSE VALUE (POSSIBLY ALL VALUE) AS A RESULT OF BUYING, SELLING, OR HOLDING THE PRIZE.

Prizes will be fulfilled within approximately six to eight (6-8) weeks of winner verification. Sponsor assumes no responsibility for undeliverable emails or undeliverable Twitter DMs resulting from any errors or for insufficient space in the user's account to receive an email or Twitter DM. Sponsor reserves the right to modify the notification procedures and applicable deadlines for responding in connection with the selection of any alternate winner. If a prize is legitimately claimed, it will be awarded. Upon prize forfeiture or inability to use a prize or portion thereof, no compensation will be given, and Sponsor will have no further obligation to that Entrant. 

Prizes are non-transferable and no substitution will be made except as provided herein at the Sponsor’s sole discretion. Sponsor reserves the right, where lawful, to substitute a prize for one of equal or greater value if the designated prize should become unavailable for any reason. Prizes consist of only the items specifically listed as part of the prize. In no event will more than the stated number of prizes be awarded. Prize details not specifically stated in these Official Rules will be determined in Sponsor’s sole discretion. Sponsor is not responsible for, and will not replace, any lost, damaged, or stolen prize or prize component or any prize that is undeliverable. Winners acknowledge that Sponsor is subject to U.S. or Swiss economic restrictions and trade sanctions; as such, Sponsor reserves the right to deny distribution of any prize when required by applicable law. Entrants waive the right to assert as a cost of winning a prize, any costs associated with claiming or seeking to claim a prize, or using a prize.

7. Taxes

Winners are solely responsible for any/all applicable federal, state, and local taxes related to the prize(s). Each winner will be subject to an onboarding verification process and is required to provide any requested tax reporting information before any prize is awarded, to include: a completed W-9, name, date of birth, address, phone numbers and social security number or taxpayer identification number (as applicable).  The value of any prize awarded to a winner will be reported for tax purposes, as required by law.  

8. Release

To the extent permitted by law, Entrants/winners agree to release, discharge and hold harmless Released Parties from and against any claim or cause of action or liability (including but not limited to, personal injury, death or damage to or loss of property as well as claims based on publicity rights, defamation and/or invasion of privacy) arising out of or in connection with participation in the Contest or acceptance/receipt/use or misuse of any prize, and agree to be bound by the Official Rules and the decisions of the Sponsor, the Administrator and/or Sponsor’s representatives. Acceptance of a prize constitutes permission for the Sponsor and its agencies to use winner’s name, likeness, photograph and/or hometown and state for advertising and trade without further compensation, in any media, worldwide, unless prohibited by law. 

9. General

ANY ATTEMPT BY AN INDIVIDUAL TO DELIBERATELY UNDERMINE THE LEGITIMATE OPERATION OF THIS PROMOTION IS A VIOLATION OF CRIMINAL AND CIVIL LAWS, AND SHOULD SUCH AN ATTEMPT BE MADE, SPONSOR RESERVES THE RIGHT TO SEEK DAMAGES FROM ANY SUCH INDIVIDUAL TO THE FULLEST EXTENT PERMITTED BY LAW. Sponsor will not be responsible for lost, late, damaged, misdirected or mutilated mail, misdirected email, or for any technical problems, faulty, lost, garbled, incomplete, incorrect or mistranscribed data transmissions, incorrect announcements of any kind, malfunctions, technical hardware or software failures of any kind including any injury or damage to any person’s computer/mobile device related to or resulting from participating in or experiencing any materials in connection with this Contest. Sponsor is not responsible for malfunctions or breakdown of any network systems, unavailable service connections, lost, incomplete, faulty network connectivity of any kind, failures of any service providers, or any combination thereof, which may limit a person’s ability to participate in this Promotion. Sponsor reserves the right to suspend, cancel or modify the Promotion if it cannot be executed as planned for any reason including, but not limited to, if fraud, human error, technical failures, or any other factor impairs the integrity or proper functioning of the Promotion; or if a virus, bug or other technical problem corrupts the administration, security, or proper play of the Promotion as determined by Sponsor in its sole discretion. If the Promotion is so canceled or modified, Sponsor may award prizes from among all eligible Entrants prior to such action and Sponsor shall have no further obligation to any Entrant in connection with this Promotion. Sponsor reserves the right to prohibit the participation of an individual if fraud or tampering is suspected. In the event there is a discrepancy or inconsistency between disclosures or other statements contained in promotional materials and the terms and conditions of the Official Rules, the Official Rules shall prevail, govern, and control. Sponsor will not be responsible for any typographical or other error in the printing of the offer, administration of the Contest or in the announcement of the prizes. If any provision or part of a provision of these Official Rules is found to be unlawful, void, or for any reason unenforceable, then that provision or part of the provision shall be deemed severable from these Official Rules and shall not affect the validity and enforceability of any remaining provisions.

10. Disputes, Class Action Waiver and Agreement to Arbitrate

As a condition of participating in the Promotion, and except as modified herein, Entrant agrees that the following disputes, claims, and causes of action arising among Entrant, Sponsor, Administrator and/or any other Released Parties shall be resolved individually, without resort to any form of class action, by following the Dispute Resolution Process as follows:

  1. Any and all disputes, claims, and causes of action arising out of or related to this Promotion, including any dispute, claim, or cause of action relating to any prizes awarded in this Promotion; and,
  2. any and all disputes, claims, and causes of action arising out of or related to the interpretation or application of this arbitration provision, including the enforceability, revocability, scope, or validity of this arbitration provision.

 

Notwithstanding this arbitration agreement, you or the Released Parties retain the right to (1) elect to have any claims heard in small claims court on an individual basis for disputes and actions within the scope of said court’s jurisdiction; and (2) seek equitable relief in court for infringement or other misuse of intellectual property rights (including but not limited to trademarks, trade dress, domain names, trade secrets, copyrights, and patents).

To increase the efficiency of administration and resolution of arbitrations, you and the Released Parties agree that in the event that there are one hundred (100) or more individual arbitrations of a substantially similar nature filed against us by or with the assistance of the same law firm, group of law firms or organizations within a thirty (30) day period (or otherwise in close proximity), the American Arbitration Association (“AAA”) (1) will administer the arbitration demands in batches of 100 arbitration demands per batch (plus, to the extent there are less than 100 arbitration demands left over after the batching described above, a final batch consisting of the remaining arbitration demands); (2) appoint one arbitrator for each batch; and (3) provide for the resolution of each batch as a single consolidated arbitration with one set of filing and administrative fees due per side per batch, one procedural calendar, one hearing (if any) in a place to be determined by the arbitrator, and one final award. You and the Released Parties agree that arbitration demands are of a “substantially similar nature” if they arise out of the same event or factual scenario and raise the same or similar legal issues and seek the same or similar relief. You and the Released Parties agree to cooperate in good faith with AAA to implement the batch arbitration approach.

The arbitrator may award declaratory or injunctive relief only in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by the party's individual claim. Notwithstanding anything to the contrary in this Promotion, if a court decides by means of a final decision, not subject to any further appeal or recourse, that the limitations of this paragraph or the Class Action Waiver are invalid or unenforceable as to a particular claim or request for relief (such as a request for public injunctive relief), you and the Released Parties agree that that particular claim or request for relief (and only that particular claim or request for relief) shall be severed from the arbitration and may litigated in the federal courts located in the Switzerland. All other disputes shall be arbitrated. This paragraph does not prevent the parties from participating in a class-wide settlement of claims.

Entrant agrees that the laws of Switzerland, without regard to principles of conflict of laws, will govern the Promotion and any dispute, claim, or cause of action arising out of or related to Promotion, except to the extent governed by Swiss law. 

11. Limitation of Liability

TO THE EXTENT PERMITTED BY LAW, IN NO EVENT SHALL THE RELEASED PARTIES BE LIABLE FOR ANY AMOUNT GREATER THAN (1) THE HIGHEST VALUE OF ANY PRIZE OFFERED IN THIS PROMOTION; OR (2) ANY LOST PROFITS, OR ANY SPECIAL, INCIDENTAL, INDIRECT, INTANGIBLE, OR CONSEQUENTIAL DAMAGES, WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, ARISING OUT OF OR IN CONNECTION WITH THE PROMOTION, EVEN IF AN AUTHORIZED REPRESENTATIVE OF SPONSOR OR ADMINISTRATOR KNEW OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGES, AND NOTWITHSTANDING THE FAILURE OF ANY AGREED OR OTHER REMEDY OF ITS ESSENTIAL PURPOSE, EXCEPT TO THE EXTENT A FINAL JUDICIAL DETERMINATION IS MADE THAT SUCH DAMAGES WERE THE RESULT OF SPONSOR OR ADMINISTRATOR’S GROSS NEGLIGENCE, FRAUD, WILLFUL MISCONDUCT, OR INTENTIONAL VIOLATION OF LAW.

12. Entrant's Personal Information

Information collected from entrants is subject to Polymesh’s Privacy Policy. Sponsor assures that your information will be kept confidential in accordance with applicable data protection laws and regulations. Data may be shared with a third-party fulfillment company only to administer this Contest, verify winners, and fulfill prizes unless you have given your prior express consent to receive additional information from Sponsor or a third party.


These Terms are effective as of March 7 2022.