Campaign for ELF Token Holders
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This campaign has ended.

■ Campaign Overview

In celebration of the ELF Token listing we are launching a campaign to give away ELF Token prizes worth JPY 3,000 to up to 500 winners. Check the details below for further information.

 

■ Campaign Participation

Customers who have won at least one Token unit (JPY 6,250) from participating in the IEO (Initial Exchange Offering) purchase applications conducted from February 9th, 2024 to February 21th, 2024, , and hold a balance of at least JPY 30,000 worth of ELF Tokens during the period from Friday, March 29th, 2024 to Monday, April 29th, 2024, 11:59 pm (JST), get a chance to receive ELF Token worth JPY 3,000.

Please note that even if there are less than 500 winners, additional raffle will not be conducted.

There is a limit to the amount of ELF Token that can be granted. If the price of the ELF Token has fallen in value at the time the quantity to be awarded is determined, the actual amount of ELF Token to be awarded to the winner will be the price multiplied by the maximum quantity per winner, which may be less than JPY 3,000.

 

■ Campaign Period

Friday, March 29th, 2024 - Monday, April 29th, 2024, 11:59 pm (JST)

 

■ Campaign Conditions

1) Purchase application completed during the application period and won at least one Token unit (JPY 6,250).

2) bitFlyer will record the status of ELF Tokens held by customers (snapshot) at a randomly chosen time between Friday, March 29th, 2024 and Monday, April 29th, 2024, 11:59 pm (JST). Hold a balance of at least JPY 30,000 worth of ELF Tokens in your bitFlyer account at the time of the snapshot to qualify for the campaign.

3) Download THE LAND ELF Crossing (hereafter: “THE LAND”) mobile app game and link your social media account for verification by Monday, May 6th, 2024.

4) Fill out all necessary items in the campaign participation form below.

https://share.hsforms.com/1dXNx_G5MTwqgp-tATYZaUQcemju

 

■ Prize Details

A maximum of 500 winners to receive a prize of ELF Tokens worth up to JPY 3,000 will be selected in a raffle among all users that fulfill the above-mentioned conditions.

The number of tokens to be awarded to winners will be calculated by dividing the Japanese yen amount awarded to winners for the giveaway by the ELF Token price on May 31st, 2024, 11:59 pm (JST) (rounding down to the nearest whole number). The price of the ELF Token on May 31st, 2024, 11:59 pm (JST) will be the most recently traded price on bitFlyer Exchange at that time.

 

■ Timing of Prize Distribution

End of June 2024

Please note that the timing of distribution may be subject to change.

Please note that the distribution of prizes may take some time.

 

■ Campaign-specific Disclaimer:

This campaign is open to customers residing in Japan.

Please be informed that users are allowed to only have one bitFlyer account. Customers already holding a bitFlyer account cannot create a duplicate account.

To trade crypto assets, you must complete an identity verification procedure. For more information, please visit the page below.

How do I complete my account information? FAQ: https://bitflyer.com/en-jp/faq/1-19

The identification procedure includes a screening process that may take some time. Please consider that when you plan to participate in the campaign. Please also understand that depending on the result of the screening process, we may not be able to fulfill your account creation request.

The following customers are not eligible for this campaign

  - Customers who have closed their bitFlyer account at the time the prizes are distributed

The right to receive the prize may be voided, and if already delivered, measures such as confiscation of the prize may be taken, if we find out that any one of the following conditions apply.

 - Discovery of single person creating multiple accounts

 - Inability to send or receive emails to or from the registered contact information

 - Discovery of using false information

 - bitFlyer deems that the user does not meet the Terms of Use or other requirements or bitFlyer deems that the user is committing an illegal act

Additional raffle will not be performed in the event that a winner is disqualified from the campaign or forfeits the right to receive a prize as described above.

Winners will be contacted individually by HashPalette Inc. (hereafter “HashPalette”). If bitFlyer or HashPalette are unable to contact the winner by the date and time specified by them, or if it is not possible to allocate the prizes, because the winner has not linked their social media account in THE LAND mobile app game, the winner will be disqualified. Additional raffle will not be conducted.

Please note that bitFlyer will not respond to any inquiries regarding the results of the campaign.

Please refer to bitFlyer’s Privacy Policy regarding the handling of personal information. For campaigns conducted in conjunction with HashPalette, your email address and X account information will be exchanged between HashPalette and bitFlyer in order to verify that you have met the entry requirements. Only the information of customers who have agreed to the exchange of user information between HashPalette and bitFlyer at the time of application will be subject to such exchange. (If you do not enter the jointly run campaign, user information will not be exchanged.)

Any portion or all of the services in this campaign may change, suspend, discontinue, or terminate without prior notice. This campaign is run by HashPalette Inc. and bitFlyer accepts no liability for any loss or damages caused by such change, suspension, discontinuance, or termination.

For inquiries regarding the campaign, please contact Hash Palette’s Support Desk below.

 

■ ELF Token-specific Disclaimer:

  • If bitFlyer deems the ELF Token (hereafter “the new crypto asset”) to be inappropriate for any reasons, including but not limited to: non-permanence, legal concerns, or problems under customer asset protection (e.g, protocol vulnerabilities), bitFlyer may decide not to release the new crypto asset. In such cases, bitFlyer accepts no liability for any indirect or consequential loss or damage.

  • bitFlyer will not respond to any questions regarding judgment on the handling of this new crypto asset.

  • In the event of a blockchain divergence such as hard fork, other changes in crypto asset specifications, airdrops, etc., bitFlyer will determine whether or not to respond and how to respond to such events. bitFlyer accepts no liability for any loss or damages caused to the customer or a third party in the event that bitFlyer takes no action, defects or changes in the response.

  • We will not disclose the reasons for excluding any individual beyond what has already been announced.

Disclaimer (Please read carefully):
  • Crypto assets are not a legal tender.
  • Crypto assets may be used to settle a payment only in the event that the person receiving the payment agrees.
  • Buying/selling crypto assets or exchanging them for other crypto assets are transactions which may result in losses incurred from price fluctuations of crypto assets. It is possible that the price of crypto assets declines due to influences from changes in balance of supply and demand, trends on prices of goods, currencies and other markets, as well as changes in situation related to crypto assets.
  • Trading with over-the-counter crypto asset derivatives may cause losses, because their trading price may fluctuate in either way due to influence from changes in balance of supply and demand of over-the-counter crypto asset derivatives on our platform as well as indirect influence from price changes of the crypto assets referred by those over-the-counter crypto asset derivatives.
  • Over-the-counter crypto asset derivative trades are trades in which the notional amount, which is the product of the trading price and the open interest volume, can be larger than the amount of the margin deposit. Therefore, the amount of loss incurred may be larger than the amount of margin deposit if the notional amount fluctuates to a greater extent than the amount of margin deposit to your disadvantage due to changes in balance of supply and demand of over-the-counter crypto asset derivatives or price fluctuations of the crypto assets referred by the derivatives.
  • The margin deposit size for over-the-counter crypto assets derivatives must be no less than 50% of the notional amount, while the notional amount must be no more than 2 times the margin deposit. (Both for individual customers.) More information can be found on our “What is bitFlyer Crypto CFD?” page.
  • When making purchases or sales of crypto assets on Buy/Sell, or exchanging them for other crypto assets, customers bear the spread. The spread is the difference between the purchase and selling prices. The fees incurred when buying or selling crypto assets, exchanging them for other crypto assets or over-the-counter crypto asset derivatives as well as the calculation methods for the corresponding fees can be found on our “Fees and Taxes” page.
  • Over-the-counter crypto asset derivatives are negotiated transactions between you and bitFlyer, Inc. which is the counterparty for you on those derivatives.
  • You should thoroughly read and understand all of our documents that require user agreement. Trade at your own risk and judgment.
bitFlyer, Inc.
  • Director-General of the Kanto Finance Bureau No. 00003
  • Financial Instruments Business Kanto Local Finance Bureau (FIBO) No. 3294
  • Member of Japan Virtual and Crypto assets Exchange Association, which is Certified Association for Payment Service Providers as well as Financial Instruments Firms Association