FAZE1 GIVEAWAY CRYPTO TERMS
FaZe Clan 2022
FaZe1 & MoonPay Crypto Giveaway (“Sweepstakes”)
NO PURCHASE OR PAYMENT OF ANY KIND NECESSARY TO ENTER OR WIN.
SWEEPSTAKES IS ONLY OPEN TO INDIVIDUALS WHO ARE AT LEAST 21 YEARS OLD AT THE TIME OF ENTRY, WHO RESIDE IN THE FOLLOWING JURISDICTIONS: ARGENTINA (EXCLUDING THE PROVINCES OF NEUQUÉN, MENDOZA, RIO NEGRO, SALTA AND TIERRA DEL FUEGO), AUSTRIA, BAHRAIN, BULGARIA, CANADA (EXCLUDING QUEBEC), CHILE, COSTA RICA, CYPRUS, CZECH REPUBLIC, DOMINICA, ESTONIA, FINLAND, FRANCE, GERMANY, GREAT BRITAIN (ENGLAND, SCOTLAND, AND WALES ONLY), GREECE, GUATEMALA, HONDURAS, HUNGARY, INDIA, INDONESIA, IRELAND, JORDAN, KUWAIT, LITHUANIA, LUXEMBOURG, MEXICO, NEPAL, NETHERLANDS, NEW ZEALAND, NIGER, NORWAY, OMAN, PERU, QATAR, SLOVAKIA, SLOVENIA, SOUTH AFRICA, SWEDEN, SWITZERLAND, THAILAND, AND UNITED STATES (EXCLUDING FLORIDA, HAWAII, LOUISIANA, NEW YORK, RHODE ISLAND, TEXAS AND THE U.S. VIRGIN ISLANDS). VOID OUTSIDE JURISDICTIONS STATED AND WHERE PROHIBITED. Employees (and their immediate families (spouse, and parents, children and siblings and their respective spouses, regardless of where they reside) and those living in their same households, whether or not related) of FaZe Clan, Inc. (“Sponsor”), Moon Pay PTE Limited (“MoonPay” or “Prize Underwriter”), their respective parents, affiliates, subsidiaries and advertising and promotion agencies are not eligible to enter or win. Individuals resident in any jurisdiction subject to U.S. sanctions or otherwise subject to any sanctions regime (including without limitation sanctions programs administered by the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”)) are also ineligible to participate or win. By participating, entrants agree to be bound by these Official Rules and the decisions of the Sponsor and/or judges, which are binding and final on matters relating to the Sweepstakes. Sweepstakes is subject to all applicable federal, provincial, territorial, state and local laws.
The Sweepstakes begins at 1:00 p.m. Pacific Time (“PT”) on May 22, 2022. All entries must be received by 5:00 p.m. PT on May 26, 2022 (“Entry Deadline”).
To enter, visit FaZeClan.com/Giveaway (“Website”) and follow the directions provided. Entries generated by script, macro or other automated means are void. All entries become the property of Sponsor.
A potential winner will be selected in a random drawing held in the United States following the Entry Deadline from all eligible entries received. Odds of winning depend on the number of eligible entries received. Potential winners will be announced live on Twitch and will also be notified by e-mail and must respond to initial notification within forty-eight (48) hours of issuance. Potential winners are not winner even if they are announced as such until their eligibility has been verified and they have verified compliance with these Official rules. Potential winners will be required to execute and return a declaration of eligibility, a liability release and, where lawful, a publicity release within five (5) days of date of issuance. If a potential winner does not respond to the initial notification within the time period stated, such documents are not returned within the specified time period, a prize or prize notification is returned as undeliverable, or a potential winner is not in compliance with these rules, prize will be forfeited and, at Sponsor’s discretion, an alternate winner selected. If a potential winner is a resident of Canada, Chile or Hungary, they will also be required to correctly answer a time-limited, mathematical skill-testing question prior to being able to claim a prize. Failure to answer the question correctly within the time period specified, as determined by Sponsor in its sole discretion, will result in disqualification and, at Sponsor’s sole discretion, an alternate winner may be selected. Only three (3) alternate winners will be selected; after which the prize will remain unawarded.
There are five (5) prizes available to be won: one (1) prize worth One-Hundred Thousand Dollars ($100,000); one (1) prize worth Fifty Thousand Dollars ($50,000); one (1) prize worth Twenty-Five Thousand Dollars ($25,000); and two (2) prizes worth Five Thousand Dollars ($5,000) each. Winners will be awarded the prize amounts in ETH based on the US dollar price of such cryptocurrency as made commercially available by MoonPay at the time of payout, as set forth on the Website. Prize amounts listed will be awarded regardless of any change in value of that currency relative to the U.S. dollar or other fiat currency.
An Eligible Wallet is a hosted wallet (i) capable of receiving and custodying the Prize from the sending financial institution; and (ii) that is operated by MoonPay or a third-party wallet provider approved by MoonPay that complies with all applicable laws and is not subject to or in a country subject to any OFAC or other sanctions regime.
If the winner fails to or is otherwise unable to create a MoonPay service account and linked Eligible Wallet and satisfy all related MoonPay Account Requirements and Hosted Wallet Provider Requirements within a reasonable time of being notified of their selection by Sponsor (not to exceed thirty (30) days), the winner will be disqualified from eligibility for the prize and forfeit all rights to and interests in the prize, and the prize will not be awarded. No alternative prize or other substitute compensation of any kind will be awarded in these circumstances.
The value of the prize is taxable as income to the winner and a portion of the prize may be withheld to satisfy tax withholding requirements. As a condition of receiving the prize, the winner may be required to timely complete and return to Sponsor or MoonPay an IRS Form W-9, IRS Form W-8BEN or other documents for tax reporting purposes.
DISCLOSURES: Cryptocurrencies, including ETH, are not legal tender, are not backed by the United States government, and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections. The value of cryptocurrency may be derived from the continued willingness of market participants to exchange fiat currency for cryptocurrency, which may result in the potential for permanent and total loss of value of a particular cryptocurrency should the market for that cryptocurrency disappear. As a result, the volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Additionally, other market developments, or legislative and regulatory changes or actions at the State, Federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency. Please also note that transactions involving cryptocurrency may be subject to costs and fees (including “gas” fees). Any such fees are the sole responsibility of the winner and the amount of the prize or Alternative Prize is exclusive of any such costs or fees incurred by the winner.
If the applicable laws and regulations of the winner’s home jurisdiction prohibit the prize, or the prize cannot be delivered to that jurisdiction, Sponsor may choose to provide a substitute prize of equal or greater US dollar value in a form Sponsor determines in its sole and absolute discretion. The winner is fully responsible for any and all applicable federal, state, local and other taxes (including, without limitation, sales tax, income and withholding taxes). Prizes are nontransferable and non-exchangeable (until legal receipt by the winner in accordance with these Official Rules). No substitutions permitted and non-cash components cannot be redeemed for cash, except as set forth herein. Sponsor retains the right to provide a substitute of equal or greater retail value if the prize is unavailable at time of award. All prize details not specifically set forth herein are at Sponsor’s sole discretion.
Entrant expressly grants constitutes permission for Sponsor and its designees to use entrant’s name, biographical information, social platform user name, voice, performance, photo and/or likeness in any and all media, now or hereafter devised, worldwide, in perpetuity, for internal, advertising, and other purposes without additional compensation, notification or permission, unless prohibited by applicable laws and regulations, and to the fullest extent permitted by applicable laws and regulations.
USE OF DATA.
RELEASE OF LIABILITY.
For All Entrants Except Great Britain, European Union, Thailand, and Switzerland. By participating, entrant release, indemnify and hold harmless Sponsor, MoonPay, all companies or related parties associated with this Sweepstakes, and each of its and their respective parent companies, subsidiaries, affiliates, owners, members, shareholders, directors, officers, employees and agents (each a “Releasee” and collectively the, “Releasees”) from any and all liability for any injuries, loss or damage of any kind, including death, arising from or in connection with the Sweepstakes or receipt or use and/or misuse of the prize. Releasees are not responsible for lost, late, misdirected, delayed, inaccurate, illegible, garbled, stolen or incomplete entries, emails, or communications of any kind; or for entries not received for any reason or for electronic transmission errors resulting in omission, interruption, deletion, defect, delay in operations or transmission, theft, destruction, or unauthorized access to or alterations of Sweepstakes-related materials; or for technical, network, telephone equipment, electronic, computer, hardware or software malfunctions or limitations of any kind, or inaccurate transmissions of or failure to receive registration Sweepstakes or other information by Sponsor on account of technical problems or traffic congestion on the Internet or at any website or any combination thereof; or for any other errors or difficulties of any kind whether human, mechanical, electronic, computer, network, typographical, printing or otherwise relating to or in connection with the Sweepstakes, including, without limitation, errors or difficulties which may occur in connection with the administration of the Sweepstakes, the processing of entries, the announcement of the prizes, or in any Sweepstakes-related materials.
For EU and Switzerland and Thailand Residents Only. Sponsor shall be fully liable for damages caused by intent and gross negligence as well as for damages caused by injury to life, body, or health caused by Sponsor. In an event of slight negligence, Sponsor shall be liable only for property damage or financial loss caused by breaches of a material contractual obligation (“cardinal duty”). A cardinal duty in the meaning of this provision is an obligation whose fulfillment makes the implementation of this contract possible in the first place and on the fulfillment of which the contractual partner may therefore generally rely. The limitation of liability shall apply mutatis mutandis to the benefit of the employees, agents, and vicarious agents of Sponsor. Any potential liability on the part of Sponsor for any warranties and for claims based on the applicable Product Liability Act shall not be affected. Consumer rights laws of the entrant’s local jurisdiction, will apply.
For EU Residents only. Notwithstanding the choice of law and choice of forum in this section, EU Residents shall be entitled to the consumer protection afforded to them by mandatory laws of their country of residence, and any disputes arising in connection with the Sweepstakes and these Official Rules shall be subject to the exclusive jurisdiction of the competent court in the EU Resident’s country of residence.
For Great Britain Residents Only. To the fullest extent permissible by law, Sponsor shall not be liable for: (i) any loss or damage caused by a third party who is not acting on behalf of or under the direct instructions of Sponsor; (ii) any loss or damage occurring as a result of entrant taking up and using any third-party product or service forming part of the prize (except where caused by the negligence of Sponsor or any third party acting on behalf of or under the direct instructions of Sponsor); (iii) any loss or damage caused by any event or circumstance beyond Sponsor’s reasonable control; (iii) any loss of profits or revenue, loss of anticipated savings or loss of goodwill; or (iv) any unavailability of Sponsor’s websites, apps, or social media accounts. Nothing in these Official Rules limits or excludes liability for death or personal injury caused by Sponsor’s negligence, or for fraud or for any other liability that cannot be limited or excluded as a matter of applicable law. These limitations and exclusions of liability shall apply equally to the benefit of Sponsor, and all companies or related parties associated with this Sweepstakes, and each of its and their respective parent companies, subsidiaries, affiliates, owners, members, shareholders, directors, officers, employees, and agents.
Sponsor reserves the right to cancel or modify the Sweepstakes if fraud or any other factor impairs the integrity of the Sweepstakes. If there is any suspected or actual evidence of electronic or non-electronic tampering with any portion of the Sweepstakes, or if technical difficulties compromise the integrity of the Sweepstakes, Sponsor reserves the right in its sole discretion to void any entries at issue (including disqualifying any individual who tampers or otherwise interferes with the entry process), and to cancel, terminate, modify, or suspend the Sweepstakes, in whole or in part, at any time without notice and determine the winner from among all non-suspect eligible entries received as of date of termination or as it deems fair and appropriate. In the event Sponsor is prevented from continuing with the Sweepstakes as contemplated herein by any force majeure event, including but not limited to fire, flood, earthquake, pandemic, public health emergency, national emergency, explosion, labor dispute or strike, act of God or public enemy, or any federal, state or local government law, order, or regulation, provided these events qualify as force majeure events, then Sponsor shall have the right to modify, suspend, or terminate the Sweepstakes at any time.
CAUTION: ANY ATTEMPT BY AN INDIVIDUAL TO DELIBERATELY DAMAGE ANY WEB SITE OR UNDERMINE THE LEGITIMATE OPERATION OF THE SWEEPSTAKES MAY BE A VIOLATION OF CRIMINAL AND CIVIL LAWS AND SHOULD SUCH AN ATTEMPT BE MADE, SPONSOR RESERVES THE RIGHT TO SEEK DAMAGES FROM ANY SUCH PERSON TO THE FULLEST EXTENT PERMITTED BY LAWS AND REGULATIONS.
THESE OFFICIAL RULES AND ANY INFORMATION OR NOTIFICATIONS PROVIDED BY SPONSOR ARE IN ENGLISH.
Except where prohibited by law, any translation of these Official Rules or other information or notifications is provided for your convenience only and may not accurately represent information in the original English. In the event of any inconsistency, except where prohibited by law, the English language version of these Official Rules or other information or notifications shall prevail.
CHOICE OF LAW.
The Sweepstakes is governed by the laws of the United States and the State of California, excluding conflicts of laws principles.
Save as otherwise provided for herein and without prejudice to the entrants’ consumers’ rights under the laws of their home jurisdictions, entrants (and, if an eligible minor, their parent or legal guardian) in the Sweepstakes hereby consent to the exclusive jurisdiction and venue of California courts (state and federal) in Los Angeles County for any causes or controversies arising out of the Sweepstakes. Entrants waive any and all objections to jurisdiction and venue in these courts. Entrants hereby agree that any and all disputes, claims, causes of action, or controversies (“Claims”) arising out of or in connection with this Sweepstakes shall be resolved, upon the election by entrant or Sponsor, by arbitration pursuant to this provision and the code of procedures of either the National Arbitration Forum (“NAF”) or the American Arbitration Association (“AAA”), as selected by the entrant. IF ARBITRATION IS CHOSEN BY ANY PARTY WITH RESPECT TO A CLAIM, NEITHER PARTY WILL HAVE THE RIGHT TO LITIGATE THAT CLAIM IN COURT OR HAVE A JURY TRIAL ON THAT CLAIM. FURTHER, NEITHER SPONSOR NOR ENTRANT WILL HAVE THE RIGHT TO PARTICIPATE IN A REPRESENTATIVE CAPACITY ON BEHALF OF THE GENERAL PUBLIC OR OTHER PERSONS SIMILARLY SITUATED, OR AS A MEMBER OF ANY CLASS OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT TO ARBITRATION. EXCEPT AS SET FORTH BELOW, THE ARBITRATOR’S DECISION WILL BE FINAL CONFIDENTIAL AND BINDING. NOTE THAT OTHER RIGHTS THAT ENTRANT WOULD HAVE IF ENTRANT WENT TO COURT ALSO MAY NOT BE AVAILABLE IN ARBITRATION. The arbitrator’s authority to resolve Claims is limited to Claims between Sponsor and entrant alone, and the arbitrator’s authority to make awards is limited to awards to Sponsor and entrant alone. Furthermore, claims brought by either party against the other may not be joined or consolidated in arbitration with Claims brought by or against any third party, unless agreed to in writing by all parties. No arbitration award or decision will have any preclusive effect as to issues or claims in any dispute with anyone who is not a named party to the arbitration.
Entrants (and, if an eligible minor, their parent or legal guardian) acknowledge that they have read and understood the provisions of California Civil Code Section 1542, which provides as follows: “A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.” Being aware of such statutory right, by participating in the Sweepstakes, Entrants expressly waive any rights under California Civil Code Section 1542 as well as any other statutes or common law principles of similar effect.
For Residents of applicable jurisdictions including Austria, Bahrain, Canada, Jordan, Kuwait, Luxembourg, Nepal, Norway, and Peru: Nothing in these Official Rules shall deprive any Entrant who is a resident of the aforementioned jurisdictions of any rights they may have under the mandatory laws and regulations of their home jurisdiction. Entrants who are residents of the aforementioned jurisdictions shall be entitled to bring and defend claims in their home courts.
To receive the winners list (first name, last initial and state of residence), send an email to firstname.lastname@example.org, by no later than 30 days following the end of the applicable Sweepstakes.
SPONSOR AND ORGANIZER:
FaZe Clan Inc., 720 N. Cahuenga Blvd., Los Angeles, CA 90038. MoonPay is not a sponsor or organizer of this Sweepstakes and is not responsible for the administration of this Sweepstakes.