Active investors Only: Invite to Formula 1

We want to thank you for partnering with us and contributing to our success over the years.

This year, in the first quarter alone:

  • Our Assets Under Management has grown over 60% in the last 3 months.
  • Vauld announced a multi-year partnership with the renowned Alfa Romeo F1 Team.

In a move to share our success with our key active investors and as a token of appreciation for their continued support and loyalty, we’re very excited to announce an exclusive giveaway.

In July 2022, one key active Vauld investor will be exclusively invited to join Vauld for a premium experience of receiving the F1 paddock pass.**

Would you like an invite?

Any key active Vauld investor* has a chance of getting invited.

If you have any queries, please do not hesitate to reach out to us.

The lucky active investor will be contacted after 30 June 2022, with details of the invite.

*An active Vauld investor is someone who has at least 1 crypto deposit over 50$ on Vauld.

**The initial offer was the F1 Paddock Pass or Wimbledon, this has now been changed to the F1 paddock pass only

TERMS AND CONDITIONS

PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY BEFORE

These User terms and conditions (together with the documents referred to in it) (“Terms”) are the terms on which you may make use of our blog ___________ available on our website www,vauld.com and the associated mobile and software applications (either existing or available in the future) and our digital decentralized blockchain bank (“Vauld Platform”/ “Platform”), as a registered user having one (1) active crypto deposit and a portfolio balance of more than USD $50 before 30th June 2022 on the Platform (“User”/ “Customer”/ “You”/ “Your”). Use of the Vauld Platform includes accessing, browsing, or registering to use the Vauld Platform. 

Please read these Terms carefully before you start to use the Vauld Platform. We recommend that you print a copy of this for future reference. By using the Vauld Platform, you confirm that you accept these Terms and that you agree to comply with them. If you do not agree to these Terms, you must not use the Vauld Platform. If you do not agree with any amendments made to these Terms at any time in future, you must stop using the Vauld Platform with immediate effect.

The terms “We”, “Our”, “Company”, “Vauld”, and “Us” refer to the Defi Holding Pte. Ltd., and its affiliates and the terms “User”, “You” and “Your” refer to a User of our Online Platforms (Website and/or Mobile Application). The Company and the User, together and collectively for the purpose of these ‘Terms’ be referred to as ‘Parties’, as the context may require. 

Eligibility:

You must be over the age of 18 or a major under the applicable laws as of 30th June 2022.

Employees, and their immediate families, of the Company, associated agencies and companies, contractors are not eligible for this giveaway event (‘Event’). Immediate family means any of the following: spouse, ex-spouse, de-facto spouse, child or step-child (whether natural or by adoption), parent, step parent, grandparent, step grandparent, uncle, aunt, niece, nephew, brother, sister, step brother, step sister or first cousin. 

Subject to the clauses above, any User having one (1) active crypto deposit and portfolio balance on Vauld platform of more than USD $50 before the closing date of the Event (30th June 2022).

Winner Selection and Notification:

Company will select the winner by means of a random drawing of lots to be conducted on approximately 30th June 2022. There will be only one winner in this giveaway event.

The winner will be notified by email or telephone (using details available from User’s account on the Vauld Platform) after the closing date of the Event (30th June 2022) with the details of the prize. The Company should have the sole discretion to request the postal address of the winner. The winner should respond within 7 days of being chosen and if required by the Company must provide a postal address to claim their prize. If a winner does not respond to the Company within 7 days of being notified, then the winner’s prize will be forfeited and the Company will be entitled to select another winner in accordance with the process for selection described above.

Prize:

The winner of the Event shall be eligible for the F1 Paddock Pass.

Winning the prize is contingent on fulfilling all the requirements set forth in these terms and conditions.

Limitation of Liability:

The prize is offered and provided “as is” with no warranty or guarantee by the company.  In no event will the Company be liable to user for any direct, special, incidental, exemplary, punitive or consequential damages (including loss of use, data, business or profits) arising out of or in connection with user’s participation in the event, whether such liability arises from any claim based upon contract, warranty, tort (including negligence), strict liability or otherwise, and whether or not company has been advised of the possibility of such loss or damage.

User agrees that the Company (including its respective officers, employees and agents)  is not responsible for and excludes all liability (including negligence), for any personal injury; or any loss or damage (including loss of opportunity); whether direct, indirect, special or consequential, arising in any way out of: (a) any technical difficulties or equipment malfunction (whether or not under the Company’s control); (b) any theft, unauthorised access or third party interference; (c) any prize claim that is late, lost, altered, damaged or misdirected (whether or not after their receipt by the Company) due to any reason beyond the reasonable control of the Company; (d) any variation in prize to that stated in these Terms and Conditions; (e) any tax liability incurred by the winner; or (f) use of a prize.

The Company shall not be liable, for any claims, damages, injuries or losses of any kind, and is released of all rights to bring any claim, action or proceeding arising out of, in connection with, or relating to, (i) participation in the Event, (ii) without limitation, death, or property damage, arising directly or indirectly from the acceptance, possession, misuse or use of the Prize, (iii) defamation, violation of publicity rights, or invasion of privacy in connection with the Event or acceptance and use or the Prize, and (iv) copyright infringement, trademark infringement, or any other intellectual property-related cause of action arising from or related to the Event, the Prize, or Company’s advertising and marketing related to the Event, Users or the Winner, in all cases, including but not limited to:  (a) unauthorized human intervention in the Event; (b) technical errors related to computers, servers, providers, or telephone, or network lines; (c) printing errors; (d) lost, late, postage-due, misdirected or undeliverable mail; (e) errors in the administration of the Event or the processing of entries; or (f) injury or damage to persons or property (including to any computer or mobile device systems resulting from participation in or accessing or downloading information in connection with the Event), which may be caused, directly or indirectly, in whole or in part, from User’s participation in the Event or receipt or use of any prize.  User assumes all liability for any injury or damage caused, or claimed to be caused, by participation in the Event, or the acceptance, receipt, or use of the Prize or any Prize component.  User further agrees that in any cause of action, Company’s liability will be limited to the value of the Prize, and in no event shall the Company be liable for attorney’s fees. The Company will not in any circumstances be responsible or liable to compensate the winner or accept any liability for any loss, damage, personal injury or death occurring as a result of taking up the prize. The Company

No Transfer or Reselling of the Prize:

The User agrees that the prize is non-transferable, non-exchangeable and no cash alternative is offered. Any user found to have transferred the prize to a third party and/or sell the awarded prize to a third party will have all entries invalidated and any claim they have to any prize will be invalidated. If such a user is awarded a prize and then found to have breached this clause, the user must immediately return any prize awarded. The Company has sole discretion to determine if this clause has been breached by any user. The Company reserves the right to request whatever documentation it deems necessary to confirm if the user has breached this clause. Users must provide any requested documentation to the Company upon request. The Company reserves the right to disqualify any user who provides false information or who seeks to gain an unfair advantage or to manipulate this Event. 

Cancellation by Company or Winner:

The Company reserves the right to amend, cancel or suspend this Event if an event beyond the control of the Company corrupts or affects the administration, security, fairness, integrity or proper conduct of this Event or if such a change is required to ensure the safety of the Company, its representatives and of users. Such changes may include the timing of any draw, the conduct of any prize related activities, and the timing or destination of any travel.

In case of default by the winner in claiming the prize under the stipulated time, the prize shall be forfeited by the Company and the winner shall have no claim to demand the same. The Company reserves the right to conduct a redraw in the event that a user, claiming to be a winner, is unable to satisfy these Terms and Conditions or has breached these Terms and Conditions or the winner has voluntarily waived their claim to the prize.

Dispute Resolution:

Except where prohibited by law, User agrees that: (1) any dispute, controversy or claim arising out of or relating to the Event or any prize awarded shall be resolved individually, without resort to any form of class action; (2) any dispute, controversy or claim arising out of or relating to the Event or any prize awarded shall be resolved by binding arbitration administered by the Singapore International Arbitration Centre (SIAC) in accordance with the Arbitration Rules of the Singapore International Arbitration Centre (“SIAC Rules”) for the time being in force, which rules are deemed to be incorporated by reference in this clause.

The seat of the arbitration shall be Singapore, the Tribunal shall consist of arbitrator(s) as agreed upon by the parties and the language to be used in the arbitration proceedings shall be English. The Parties agree that the arbitration award shall be binding on them and that the arbitral award shall be the sole and exclusive remedy regarding any claims, counterclaims or issues presented to the arbitrators. 

Governing Law and Jurisdiction:

This Agreement shall be governed by, and construed in accordance with, the substantive laws of the State of Singapore without regard to its principles of conflicts of laws. Each Party hereby irrevocably consents to the exclusive jurisdiction and seat of the courts in Singapore, in connection with any dispute hereunder or the enforcement of any right or obligation hereunder. 

Force Majeure:

The Company is not responsible if the Event cannot take place, or if the Prize cannot be awarded due to delays, interruptions or failures due to acts of God, war, natural disasters, weather, pandemic or epidemic, acts or threats of terrorism, strikes, lockouts, labor disputes, work stoppages, fire, acts of government, or other events outside of the reasonable control of the Company.  The Company shall not be liable for any delay or failure in the event it is unable to perform its obligations under this Agreement as a result of any reason beyond the reasonable control of the Company, which, in Company’s sole determination, corrupts or affects the administration, security, fairness, integrity or proper conduct of the Event, Company reserves the right, in its sole discretion, to cancel, terminate, modify, or suspend the Event or any part of the Event. If the Event or any part of the Event is terminated or modified prior to the closing of the Event, notice will be posted on the Company’s website/blog. Company reserves the right to modify and amend these Terms from time to time during the Event for clarification purposes.

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