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Terms and explanatory notes

"Design Contest"

1. The contest

The following Terms (“Terms”) govern the rules for participating in Bitpanda “Design Contest” (“Contest”), of Bitpanda GmbH with its corporate seat in Stella-Klein-Löw Weg 17, A-1020, Vienna (“Bitpanda”) and the legal relationship between Bitpanda and the Participant (as defined below or “you”) arising thereof.

This Contest requires participants to create a design (“Design”) for Bitpanda as directed on our website on the blogpost and upload it before the Closing date. Participants are required to upload their entries via this Google Form. In order to participate in the Contest, you have to accept these Terms and the applicable terms and conditions of Bitpanda in its current version which are an integral part of these Terms. 

2. Eligibility and entry restrictions, Start and Closing dates 

Bitpanda reserves the right to exclude Participants depending on their country of residence, if Bitpanda is not allowed to offer such a Contest on your location due to legal or regulatory reasons.

To be eligible to participate in the Contest, you do not necessarily have to be registered as a Bitpanda client. 

The Contest starts on 11t of April 2022, at 00:00 CET (“Start Date”) and ends on 13th of May 2022, at 23:59 CET (“Closing Date”) (“Contest Period”). Any entries received before the opening or after the closing of the Contest will be invalid and will not be entered into the competition. 

In order to become a Participant (“Participant”) in the Contest, you have to create a Design for Bitpanda as directed on our website on the blogpost and upload it before the end of the Contest Period via the above mentioned link. 

3. “You might have to get creative” - Winners and Prizes

Bitpanda will select 3 (three) Participants, who enrolled pursuant to Section 2., that created the best designs, based on an internal pre-selection at the end of the Contest Period and reward them the following prizes (“Winner/s” and “Prize”):

  1. EUR 10,000 & Design might be rolled out as an Out-of-Home (OOH) advertising campaign
  2. EUR 5,000 & becoming the new Bitpanda Social Media channel banner for 1 month  
  3. EUR 3,000 & being featured as the background in a Weekly Recap (DACH & Global)

The Prizes for the Winners are a Fee for the Design created for Bitpanda.

Bitpanda will select additional 5 (five) Participants, based on an internal pre-selection and will publish their Design on LinkedIn. Bitpanda rewards the Participant whose Design gets the most “likes” on Linkedin with EUR 2,500 in Bitpanda-Ecosystem Token (“BEST”) (”Winner/s” and “Prize”) at the end of the Contest Period. 

Bitpanda will randomly select additional 30 (thirty) Participants (each of them above referred to as “Winner”, together the “Winners”) at the end of the Contest Period and will reward them a piece of BEST or Pantors merch (“Winner/s” and “Prize”). 

Only Participants who (i) meet all the requirements described in Section 2 and (ii) were not disqualified by Bitpanda in accordance with Section 5 are eligible to be selected as Winners. Bitpanda reserves the right to select a reserve Participant to replace any Winner subsequently disqualified. 

The Prizes will be paid out in FIAT-token (EUR) or BEST as mentioned above and will be credited directly to the Winner’s respective Bitpanda Wallet. Winners are requested to register and get a verified Bitpanda client status in order to receive the Prize. In case the Winner can not register to become a Bitpanda client due to regulatory or legal reasons, Bitpanda will credit the Prize on the Winners bank account. 

Bitpanda will transfer the Prizes within one week after the end of the Contest Period. The EUR value of the BEST-Prize is determined by the market value according to the BEST/EUR trading pair on Bitpanda at the time of transfer to the Winners.

4. Materials, use and grant of rights 

In order to participate in the Contest, you may use the marketing materials and logos of Bitpanda only in accordance with these Terms and to the extent this is necessary for the participation in the Contest. After the Closing Date, you may not use the marketing materials and logos of Bitpanda unless otherwise agreed in writing with Bitpanda.

You warrant that the Design you create in order to participate in this Contest, does not infringe any person’s intellectual property rights or other legal rights, are free of third party rights and can therefore be used for the intended purpose.

At any time either during and/or after the Contest Period, Bitpanda shall have the full and complete right without further compensation to you, to use, reproduce, copy, publish, copyright and/or exhibit the materials and Designs created hereunder. You grant to Bitpanda an exclusive, worldwide, royalty-free, perpetual and irrevocable license to copy, store, edit, distribute, transmit and publish your competition entries. 

You agree that Bitpanda may post or share your Design on Linkedin for the public vote or any other social media channel. 

You agree that during the Contest Period you may not create a design or marketing material for another digital asset exchange or broker, regardless of the fact if such an exchange or broker is a direct competitor of Bitpanda in the respective market the Service Provider operates in or not. 

If you are selected as a Winner, you assign to Bitpanda all right, title and interest therein and to the results or any content created by you for Bitpanda for the purpose of participating in the contest, including all rights in copyright. You agree that Bitpanda shall own the Design to the maximum extent permitted by applicable law, including without limitation, which include the Designs, together with all copyrights therein, throughout the world in perpetuity, free of any and all claims. You shall not claim any right, title or interest in or to the Results.

5. Disqualification 

Bitpanda may disqualify a Participant from the Contest if there is i) collusion between Participants aimed at manipulating the Contest, ii) a breach of these Terms, iii) a breach of any other applicable terms and conditions of Bitpanda or its subsidiaries, or iv) if any data provided by you is incorrect. 

Disqualified Participants will  not be entitled to become a Winner or win any Prize under this Contest. 

6. What happens to the entries?

Bitpanda will ensure that all Winners are selected according to an internal procedure of Bitpanda. However, Bitpanda will not disclose any information regarding the random selection process. 

Participants, who are declared Winners in accordance with this section will be notified accordingly via email sent to the address as stated in the Google Form that has to be filled out when entering the Contest. 

Bitpanda’s decision in respect of all matters to do with the Contest will be final. Competition entries will not be returned. Please, keep a copy of your competition entries.

7. Data protection

Please note that you are responsible for the correctness of the data provided by you.  

Bitpanda collects your personal data on the basis of your consent and insofar as this is necessary for the establishment of the legal relationship with the Participant and for the subsequent implementation and handling of the Promotion.

For more information regarding your personal data, how, why and how long it is processed and which rights you have, please click here: https://www.bitpanda.com/en/legal#privacy 

8. Contact

For further questions as to that, please contact Bitpanda Support.