Lottery Terms and Conditions
1. Start CREDIT Lottery on Telegram bot and follow the instructions listed there (also explained below). Participants must use their current LATOKEN account, lottery rewards will be credited only to this account.
2. Participants must have an account/register on LATOKEN to be eligible to receive bounty rewards. To verify a new account please check your email inbox and follow the instructions.
3. Join the TerraCredit and LATOKEN official telegram channels. Participants must remain subscribed to these channels until the lottery distribution date otherwise the social task's completion reward will be zero. The reward for completing all social tasks will be 2 Lottery tickets for each eligible participant.
4. Buy 80 CREDIT tokens or more and get 10 lottery tickets.
5. Invite unique users who have never participated in LATOKEN bounty events and get 5 lottery tickets per referral.
6. All referrals must complete lottery tasks, register on LATOKEN, and pass KYC tier-2 otherwise the referrals will not be counted
7. One eligible user with the highest number of tickets will win the Grand Prize reward of 15,000 CREDIT tokens.
8. All eligible participants with valid lottery tickets will have a chance to win 100 CREDIT tokens.
9. Your ticket number will be your referral code and the number of tickets you have earned during the lottery period. For example; referralcode_ticketnumber. All tickets will be generated on 25th June 2021 after 12:00 UTC.Important:
- Each lottery ticket consists of 100 CREDIT tokens. The more tickets you get, the higher your chances of winning lottery rewards. Lottery tickets are unlimited and there's no limit on tickets per participant. There will be a draw of 950 tickets at the end of the Lottery, and it's possible for you to win rewards.
- Eligible winners will be selected randomly and rewards will be sent directly to their LATOKEN's wallet.
- Lottery results will be uploaded at the end, where users can see their lottery ticket numbers.
- We don't encourage cheaters and multiple accounts. If we suspect any user using bots and creating multiple accounts then we'll ban the user permanently from the LATOKEN platform.
- Tokens will be distributed on the 26th of June 2021 and will take up to 5 business days.
- The distribution will be based on whether the participant satisfies the eligibility criteria at the last date of the lottery. The snapshot will be taken on the last day of the lottery at 12:00 UTC.
- Only for non-US citizens and each user can participate only once in each bounty event.
- Complaints will be answered until the 2 weeks time of reward distribution date. If you complain about a bounty event later than two weeks time of the distribution date then the complaint will not be answered.
- LATOKEN reserves the right to disqualify participants showing signs of fraudulent activity immediately.
- LATOKEN reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these T&C without prior notice, including but not limited to extending, forfeiting, terminating, or closing this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any action to be done, and all Participants shall be bound by these amendments.