Dear user:
The Binance Fan Token team is excited to announce a new loyalty rewards system for all Binance Fan Token holders - Binance Fan Club. Fans can collect star points by interacting with teams and unlock exclusive fan perks such as VIP tickets to team games, meet-and-greets and customized player videos.
All new users who register through the Binance Fan Club or Binance Fan Token holders who have at least one LAZIO, PORTO, SANTOS or ALPINE token in their account can apply for a Fan Badge as proof of their membership. More details about the Binance Fan Club can be found on the blog.
To celebrate the launch of the Binance Fan Club, Binance has also launched two promotions for the community. The total rewards of the two activities amount to 38,000 US dollars equivalent in LAZIO, PORTO, SANTOS and ALPINE token rewards.
Activity 1: Register on Binance and receive exclusive rewards for new users
Event time: 20:00 on February 20, 2023 (East Eighth District time) until all rewards are distributed.
All new users who register through the Binance Fan Club will be eligible to receive LAZIO, PORTO, SANTOS or ALPINE token rewards equivalent to up to US$3 after completing the following tasks.
Step 1: Register an account through Binance Fan Club;
Step 2: Complete identity authentication;
Step 3: Receive a fan badge.
Eligible users can redeem their token rewards here. Prizes of LAZIO, PORTO, SANTOS and ALPINE tokens equivalent to US$18,000 will be distributed to qualified users on a first-come, first-served basis.
Sign up now through the Binance Fan Club to get rewards
Activity 2: Invite your friends to join Binance and share $20,000 in community rewards
Event time: 20:00 on February 20, 2023 to 07:59 on May 1, 2023 (East Eighth District time)
During the event, all users who invite at least one friend to join Binance will have the opportunity to share in LAZIO, PORTO, SANTOS or ALPINE token rewards worth a total of $20,000.
Each user can receive personal rewards and global rewards from the entire community reward pool. Rewards will be distributed on a first-come, first-served basis.
All referrals must register through the Binance Fan Club referral link and complete identity verification during the event. Users can check their respective number of successful referrals under the Community Rewards tab on the Binance Fan Club page.
Notice:
When the number of new Binance Fan Club members reaches 6,000, Event 2 will end early*. Please note: The snapshot time for personal rewards and global rewards will be the earlier of the end of the event or 07:59 on May 1, 2023 (East 8th District time).
Global rewards will only be unlocked when the total number of new Binance Fan Club members reaches 6,000, otherwise global rewards will not be issued after the promotion ends.
All individual rewards and global rewards will be distributed within seven days after the event ends (if applicable).
Reward structure:
Personal rewards: Invite your friends to sign up through the Binance Fan Club and get rewards of up to $14 in Binance Fan Tokens.
All users who invite their friends to register a Binance account through the Binance Fan Club during the event will each be eligible to receive up to $14 in LAZIO, PORTO, SANTOS or ALPINE tokens from the overall reward pool (i.e. community reward) of event two. Currency certificates, as detailed in the table below:
Global Rewards: Invite more friends to Binance through Binance Fan Club and reach higher Binance Fan Club user levels to get a larger share of rewards!
In addition, all users who receive at least one successful recommendation during the event will be eligible to receive global rewards from the overall reward pool of event two (i.e. community rewards).
The more friends you invite and the higher the fan club user level, the more rewards you will receive. Please note that global rewards will only be unlocked when the total number of new Binance Fan Club members reaches 6,000, otherwise global rewards will not be issued after the promotion ends.
Calculation mechanism for global rewards:
Total global reward amount = overall community reward pool - total individual rewards distributed
Each user’s personal points = 1*invitation multiplier*user level multiplier
Global rewards per eligible user = (user’s personal points/sum of all eligible users’ personal points) * Total global reward pool
Reward calculation example:
Take user A as an example. He successfully obtained a recommender and reached Binance Fan Club user level 1 at the snapshot time. Then user A’s personal points are 1×1×1 = 1
If all users eligible for global rewards receive a total of 2000 points, and the total value of the global reward pool is $10,000, User A will receive [(1 / 2,000) * $10,000] = $5 as his global reward.
Invite your friends to join Binance through the Binance Fan Club and share in $20,000 in community rewards now!
terms and Conditions:
Activity 1 and 2 may not be available in your region. Only users who complete identity verification before the end of the event are eligible to receive rewards.
Binance Event Notes and Service Agreement apply to this event.
Qualified users can view and claim their fan badges and token rewards here. Qualified users must complete identity verification and claim the rewards within 30 days after the token rewards are issued to the account.
Tokens will be in any of LAZIO, PORTO, SANTOS or ALPINE currencies.
Users can redeem your rewards through Account > Card and Coupon Center. Token rewards are valid for 14 days from the date of claim, learn how to redeem your rewards.
When the total number of new members of the Binance Fan Club reaches 6,000, Event 2 will end early.
Sub-accounts do not participate in activities as independent accounts. When validating a user's eligibility to receive a Fan Badge, the sub-account's Fan Token balance will not be included in the calculation.
All fan experiences are subject to change based on developments with the COVID-19 pandemic or other unforeseen events. Binance and Binance Fan Token partners reserve the right to modify experience rewards to similar experiences or merchandise.
The offline fan experience does not come with accommodation and transportation. Eligible users should make their own arrangements for food, accommodation and transportation.
Rewards are not refundable or exchangeable for cash equivalent.
During the event, if there is any malicious behavior such as volume brushing, batch registration of alt-accounts, self-buying or selling, mutual competition, etc., Binance will strictly review and disqualify the participants.
Binance reserves the right at its sole discretion and/or to modify or change these terms and conditions at any time without prior notice, including without limitation canceling, extending, terminating or suspending this promotion, eligibility terms and criteria, selection and number of winners As well as the timing of taking any action, all participants shall be bound by these revised terms.
If the translation of the terms and conditions of this event is inconsistent with the original English text, the English version shall prevail.
Thank you for your support of Binance!
Binance Team
February 22, 2023
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Binance has always attached great importance to compliance obligations, and has always strictly abided by the relevant requirements of local regulatory agencies, and please abide by the relevant laws and regulations of the country or region where you are located.
Binance reserves the right to modify or cancel this announcement at any time and for any reason at its sole discretion without prior notice.
Risk warning: The value of any fan tokens may fluctuate. Binance Fan Tokens are not regulated in most countries/regions, please visit the Binance Fan Tokens platform according to the situation in your country/region. This article should not be considered financial advice. Please see Binance Fan Token Terms, Binance Terms of Use and Risk Warning for details.
