These Airdrop Terms (“Airdrop Terms”) constitute a legally binding agreement between you (“you”, “your”) and ZkParadox Inc. (“Kyo Finance”, “Kyo”, “we”, “us”, “our”), a corporation organized under the laws of Panama, governing your participation in, or attempted participation in, the Kyo Finance airdrop program described herein (the “Airdrop Program”). These Airdrop Terms supplement, and are incorporated by reference into, Kyo’s primary Terms of Use (“Main Terms”). In the event of any conflict between these Airdrop Terms and the Main Terms, these Airdrop Terms shall govern solely with respect to the Airdrop Program.
BY PARTICIPATING IN THE AIRDROP PROGRAMME, CONNECTING A DIGITAL WALLET, OR ATTEMPTING TO CLAIM ANY TOKENS, YOU ACKNOWLEDGE THAT YOU HAVE CAREFULLY READ, REVIEWED, UNDERSTOOD, AND AGREED TO THESE AIRDROP TERMS IN THEIR ENTIRETY.
IF YOU DO NOT AGREE TO THESE AIRDROP TERMS, YOU MUST NOT PARTICIPATE IN THE AIRDROP PROGRAM.
1. Definitions
1.1 “Tokens” means any digital tokens that may be allocated through the Airdrop Program, which may include, without limitation, KYO, veKYO, or any other token, derivative token, locked token, or tokenized representation that Kyo designates at any time.
1.2 “Airdrop Round” means any phase, wave, cycle, series, or distribution within the Airdrop Program.
1.3 “TGE” or “Token Generation Event” means the specific date and time officially designated and announced by Kyo as the launch date for the purposes of this Airdrop Program, regardless of when the Tokens were actually minted, deployed, or created on the blockchain. For the avoidance of doubt, the effective TGE date shall be determined solely by Kyo’s official announcement.
1.4 “Claim Window” means the strictly limited period beginning on the TGE Date and ending exactly thirty (30) consecutive calendar days thereafter at 23:59:59 UTC.
1.5 “Kyo Ecosystem” means any smart contract, application, protocol, interface, or associated system directly or indirectly related to Kyo.
1.6 “Restricted Territory” means the United States of America, Canada, People’s Republic of China, North Korea, Iran, Cuba, Syria, Russia, Crimea, Donetsk and Luhansk regions of Ukraine, and any other jurisdiction where participation in the Airdrop Program is prohibited by applicable law or Kyo’s policy.
1.7 “Sanctioned Person” means any individual or entity included on any sanctions list maintained by the United States (OFAC), the United Nations, the European Union, the United Kingdom, or Panama, or any person 50% or more owned or controlled by such individuals or entities.
2. Eligibility
2.1 Representations. You represent and warrant that: (a) you are not a resident, citizen, national, incorporated entity, or agent of the United States or any Restricted Territory; (b) you do not use, and will not use, VPN services, proxies, privacy tools, or similar methods to conceal your jurisdiction; (c) you are not a Sanctioned Person; (d) you are not acting on behalf of any Restricted Person; (e) your participation is lawful under all applicable laws within your jurisdiction; and (f) you are not accessing the Airdrop Program for the purpose of evading sanctions, AML laws, or eligibility restrictions.
2.2 Authority. If you accept on behalf of an entity, you certify you have full authority to bind that entity.
2.3 Independent Verification. You are solely responsible for determining whether your participation is lawful. We may use IP detection, geo-location services, and other verification tools to monitor and confirm your eligibility.
3. Nature of the Airdrop Program
3.1 Discretionary and Conditional. Participation in the Airdrop Program is voluntary, discretionary, and subject to modification, suspension, or cancellation at any time without prior notice. The Foundation may adopt different, similar, or identical eligibility criteria for different Airdrop Rounds.
3.2 No Guarantee of Receipt. Allocation, eligibility, and receipt of Tokens are not guaranteed and may be withdrawn, reduced, adjusted, or cancelled at Kyo’s sole discretion. Successful participation in a prior Airdrop Round does not guarantee participation in a subsequent round.
3.3 Types of Tokens. Tokens may consist of KYO, veKYO, or any structure (including auto-locks, conversion mechanisms, vesting, or delegation) determined by Kyo.
3.4 No Obligation for Future Value. Tokens do not guarantee any future liquidity, listing, market access, or governance rights.
4. Claim Window and Forfeiture
4.1 TGE Date Announcement. Kyo will announce the TGE Date specifically through its official website (https://kyo.finance) or its official X (formerly Twitter) account linked therein. Kyo assumes no responsibility for your failure to monitor these specific Official Channels. Any claim links or information from unofficial sources should be regarded as fraudulent and ignored.
4.2 Strict Claim Window. The Claim Window is:
Start: TGE Date
End: exactly 30 days later at 23:59:59 UTC
4.3 No Extensions. Kyo will not extend, reopen, or reinstate the Claim Window for any participant under any circumstances, including but not limited to:
loss of private keys or seed phrases, internet or blockchain downtime, technical errors or interface bugs, failure to notice announcements, misinterpretation of eligibility.
4.4 Forfeiture.Any allocated Tokens not validly claimed within the Claim Window are permanently forfeited without compensation. You explicitly waive any right to claim such Tokens after the deadline.
4.5 Prohibited Attempts After Deadline. Any attempt to sign or claim after the Claim Window is null, void, and creates no rights.
5. No Obligations or Expectations
You acknowledge and agree that Kyo is under no obligation to: (a) develop or maintain the Airdrop Program; (b) maintain smart contracts or front-end interfaces; (c) list or cause the listing of Tokens on any exchange; (d) provide liquidity or support markets; (e) ensure any specific tokenomics structure; (f) develop or maintain KYO, veKYO, or any related protocols; (g) provide ongoing support or troubleshooting; (h) compensate you for any losses, errors, or missed claims.
All expectations you may have regarding future value, functionality, or liquidity of Tokens shall not bind Kyo in any way.
6. Prohibited Conduct and Anti-Sybil Policy
You agree not to engage in any of the following activities ("Prohibited Conduct"). Kyo reserves the right to disqualify you and revoke all Tokens if you are found to have engaged in:
(a) Sybil Attacks & Multi-Wallets: Using multiple digital wallet addresses, accounts, or identities to generate artificial activity or claim more Tokens than a single eligible user is entitled to ("Sybiling"). (b) Automation & Botting: Using scripts, bots, spiders, crawlers, or any automated software to interact with the Airdrop Program, smart contracts, or Kyo interface. (c) Circumvention: Attempting to bypass geographic restrictions, eligibility checks, or security measures via VPNs, proxies, or Tor. (d) Market Manipulation: Engaging in wash trading, spoofing, or self-dealing to artificially inflate volume or eligibility metrics. (e) False Representation: Misrepresenting your identity, eligibility, or creating fake social media engagement to qualify for rewards. (f) Exploitation: Exploiting bugs, vulnerabilities, or loopholes in the smart contracts or Airdrop logic.
Kyo’s decision regarding disqualification is final and binding. We are not required to provide evidence or explanation for any disqualification.
7. Token Characteristics and No Rights
7.1 No Equity or Ownership. Tokens do not represent equity, ownership, voting rights, revenue share, profit interest, or rights to participate in governance of ZkParadox Inc. or any affiliate.
7.2 No Utility Guarantee. Kyo does not guarantee that Tokens will have utility, that utility will continue, that veKYO mechanics will remain unchanged, or that KYO will ever be freely transferable.
7.3 No Expectations of Profit. You acknowledge that Token receipt is not an investment and confers no expectation of profit. The Tokens are provided on an "AS IS" basis without any warranty of value.
8. Taxes
You are solely responsible for determining what, if any, taxes apply to your acceptance of Tokens. You agree to pay all applicable taxes, including but not limited to income tax, capital gains tax, or value-added tax, required by your jurisdiction. Kyo is not responsible for withholding, collecting, reporting, or remitting any taxes arising from your participation.
9. Extended Risk Disclosures
By participating, you acknowledge and accept the following inherent risks:
9.1 Smart Contract and Technical Risks. Smart contracts may contain vulnerabilities, bugs, or exploits. Transactions on the blockchain are irreversible. Kyo is not responsible for losses due to smart contract failures, network congestion, or gas fee fluctuations.
9.2 Regulatory Uncertainty. The regulatory status of digital tokens is unclear in many jurisdictions. Authorities may impose restrictions that impair the Airdrop Program or render the Tokens illegal or valueless. Kyo may cease operations in a jurisdiction if regulatory actions make it illegal or commercially undesirable to operate there.
9.3 Market and Volatility Risk. Tokens have no inherent value and may lose all value. There is no guarantee of a secondary market (liquidity). Prices of digital assets are extremely volatile and subjective. You should be prepared to lose the entire value of any Tokens received.
9.4 Cyber Attacks. The Kyo Ecosystem is subject to the risk of cyber attacks, including but not limited to malware, denial of service (DoS), consensus-based attacks, Sybil attacks, smurfing, and spoofing. Kyo is not liable for any unauthorized access to your wallet or loss of Tokens due to such attacks.
9.5 User Error. You are solely responsible for the security of your private keys and seed phrases. Kyo cannot recover lost keys or reverse transactions sent to the wrong address.
9.6 No Compensation. Kyo will not compensate you for losses of any kind, including gas fees paid or time spent participating.
10. No Fiduciary Relationship
Your participation in the Airdrop Program does not create any fiduciary, advisory, agency, or employment relationship between you and Kyo. We do not act as your financial advisor or asset manager. No information provided by Kyo should be interpreted as financial, legal, or tax advice. You are responsible for making your own independent decisions regarding the Airdrop.
11. Limitation of Liability (Strict Cap)
TO THE FULLEST EXTENT PERMITTED BY LAW:
11.1 Exclusion of Indirect Damages. Kyo is not liable for any indirect, incidental, special, exemplary, punitive, or consequential damages.
11.2 Absolute Cap on Liability. Kyo’s total aggregate liability for any and all claims arising from the Airdrop Program is limited to the amount of fees (if any) you actually paid to Kyo specifically for the Airdrop Program during the one (1) calendar month immediately preceding the event giving rise to the claim. IF NO FEES WERE PAID BY YOU TO KYO, YOU ACKNOWLEDGE AND AGREE THAT KYO’S AGGREGATE LIABILITY SHALL BE ZERO ($0).
11.3 No Essential Purpose Guarantees. This limitation applies even if remedies fail their essential purpose.
12. Indemnification
You agree to indemnify, defend, and hold harmless Kyo and its affiliates, officers, directors, and employees from any claims, damages, or expenses arising out of: (a) your participation in the Airdrop Program; (b) your use or misuse of Tokens; (c) your breach of these Airdrop Terms; (d) your violation of any laws or rights of a third party; (e) your misconduct or negligence.
13. No Warranties
The Airdrop Program, the Tokens, and the Kyo Ecosystem are provided “AS IS” and “AS AVAILABLE” without warranty of any kind. Kyo disclaims all warranties, express or implied, including merchantability, fitness for a particular purpose, accuracy, availability, non-infringement, and uninterrupted operation.
14. Class Action Waiver
You agree that any dispute arising out of or related to these Airdrop Terms or the Airdrop Program is personal to you and Kyo and that any dispute will be resolved solely through individual arbitration and will not be brought as a class arbitration, class action, or any other type of representative proceeding.
15. Governing Law and Dispute Resolution
These Airdrop Terms are governed by the laws of Panama. All disputes shall be resolved exclusively through binding arbitration under the rules of the Conciliation and Arbitration Center of Panama (CeCAP). The seat of arbitration shall be Panama City, Panama. The language of arbitration shall be English.
16. Severability
If any provision of these Airdrop Terms is held to be invalid or unenforceable, such provision shall be deemed modified to the minimum extent necessary to make it valid and enforceable, and the remaining provisions of these Airdrop Terms shall remain in full force and effect.
17. Amendments
Kyo may amend these Airdrop Terms at any time. Continued participation constitutes your acceptance of such amendments.
18. Entire Agreement
These Airdrop Terms, together with the Main Terms, constitute the entire agreement relating to the Airdrop Program and supersede all prior agreements or understandings.