Zircuit is a Layer-2 solution with US$2 billion in total value locked, blending innovation with top-notch security. It’s designed for developers and users, offering powerful features and peace of mind. Now, we’re giving you the chance to add it to your portfolio!
All you need to do is buy and hold at least US$20 of CRO in the Crypto.com App, and you’ll be in the running to win a share of US$300,000 worth of ZRC.
Campaign Period: 22 November 2024, 14:00 UTC – 6 December 2024, 00:00 UTC
How do I participate?
- Sign up or sign in to the Crypto.com App (Guide)
- Go to the campaign section on the home screen and tap Zircuit Airdrop Campaign > Join Now
- Perform at least US$20 of CRO Net Buys during the Campaign Period
The top 15,000 eligible users* ranked by CRO Net Buys** will be airdropped ZRC tokens. The more CRO you buy, the more ZRC you stand to receive. Purchases with fiat or cryptocurrency on the Crypto.com App will both count towards your total Net Buy amount!
Eligible participants will receive ZRC rewards*** based on the amount of their qualifying CRO Net Buys during the Campaign Period. This is relative to the total respective CRO Net Buy pool, i.e., US$300,000 of ZRC, at the end of the Campaign Period.
Example:
Tony purchases US$2,000 worth of CRO during the Campaign Period. He is one of the top 15,000 users ranked by CRO Net Buys.
At the end of the Campaign Period, the total amount of the CRO Net Buy pool from all eligible users is as follows:
CRO: US$968,000
Therefore, he will receive about US$619 worth of ZRC based on the following calculation:
US$619.83 = (US$2,000 / US$968,000) x US$300,000
*If the number of Eligible Entries received during the Campaign Period are less than 2,000, we will extend a reward of US$10 in CRO for your participation.
**‘Net Buys’ as stated herein shall mean the total US$ value of CRO purchases in the Crypto.com App minus the total US$ value of a user’s sales and/or withdrawals of CRO on or from the Crypto.com App, which may be expressed as follows:
- CRO: Net Buys = Buys (CRO) – Sells (CRO) – Withdrawals (CRO)
- CRO Buy Volume: Refers to the USD volume of CRO bought on the Crypto.com Main App by any of the following methods:
- Debit/Credit Card Purchases
- From Fiat Wallet
- From Crypto Wallet (e.g. ETH to CRO conversion)
- Apple/Google Pay
- CRO Sell: Refers to the USD volume of CRO sold in the Crypto.com App or Exchange
- CRO Withdrawals: Refers to the USD volume of CRO withdrawn from the App or Exchange (pay and send transactions are also counted as withdrawals)
- The exchange rate of USD:CRO is calculated at the moment of the transaction and applied by Crypto.com at its sole and absolute discretion
***The reward is calculated using the following formula:
- CRO Reward = (Participant’s CRO Net Buys ÷ Total Net Buys in the CRO Pool) x Total Allocation in the CRO Pool
Helpful Links:
- Join us on Telegram to discuss with the Crypto.com Community
- Guide to completing account verification
- Guide to purchasing crypto in the Crypto.com App
Notes:
- Participation in the campaign is strictly optional.
- No purchase is necessary to enter or participate.
- Along with the eligibility criteria outlined in the Terms and Conditions, eligibility is further subject to the availability of the token (ZRC) within your jurisdiction.
- In addition to the following rules, please refer to the Global Official Rules, which apply to this Campaign. Participation in this Campaign is also subject to the Crypto.com App Terms & Conditions and Privacy Notice.
- The campaign is open only to users of the Crypto.com App having successfully completed the identification process by the end of the campaign period.
- Crypto.com will disqualify any entry from participants who do not meet the eligibility requirements as solely and absolutely determined by Crypto.com. Notwithstanding the generality of the foregoing, users who undertake any trades that are executed through bad trading practices, including but not limited to wash trades, false trading, self-dealing, or trades that display any attributes of market manipulation shall be disqualified from the campaign.
- By participating in the campaign, the participant acknowledges having read the Crypto.com Global Marketing Privacy Notice, which is published at https://crypto.com/privacy/marketing, and acknowledges that Crypto.com will use the information provided for the purposes of identity verification, assessing the participant’s eligibility to participate in the campaign and reward redemption.
- Rewards will be distributed to eligible recipients’ Crypto.com App Crypto Wallet in ZRC tokens by 19 December 2024.
- Crypto.com reserves the right to cancel, suspend, or amend the campaign mechanics or rules at any time at our sole discretion without prior notice to you.
- In the event of any dispute, Crypto.com reserves the right to make all final decisions regarding the campaign.
- Nothing contained herein shall be construed to be financial advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy or sell any digital assets. Purchasing cryptocurrencies and digital assets involves a high degree of risk and there is always the possibility of loss, including the loss of all or of a substantial amount of your initial purchase price. Please seek professional advice before making any financial, investment or trading decisions.
