Participant Eligibility

1.1 Each SCF Awards Round is open to:

  1. Eligible Individuals, as defined below in Section 1.3;

  2. Teams of Eligible Individuals (“Teams”); and

  3. Organizations (including corporations, not-for-profit corporations, and other nonprofit organizations, limited liability companies, partnerships, and other legal entities) that consist of Eligible Individuals and that are duly organized or incorporated and in good standing at the time of submission (“Organizations”).

(the above Eligible Individuals, Teams, and Organizations are referred to collectively as “Participants”).

In any individual SCF Round, an Eligible Individual may not join more than one Team or Organization and an Eligible Individual who is part of a Team or Organization may not also enter such SCF Round on an individual basis.

1.2 If a Team or Organization is entering this SCF Awards Round:

The Team or Organization must appoint and authorize one Eligible Individual (the “Representative”) to represent, act, and enter a submission on their behalf. By entering a submission on the SCF Submission website on behalf of a Team or Organization, you are representing and warranting that you are the Representative authorized to act on behalf of your Team or Organization.

1.3 An “Eligible Individual” is a natural person who:

  1. Is 18 years of age or older;

  2. Is not a citizen of, located in, or otherwise normally residing in Cuba, Iran, North Korea, Syria, any Russian-controlled region of Ukraine, or any other country or region subject to sanctions by the US Department of Treasury Office of Foreign Asset Control (“OFAC”), as may be updated from time to time;

  3. is not identified on the Specially Designated Nationals or Blocked Persons list provided by OFAC; and

  4. Does not reside in a jurisdiction where the transfer and holding of cryptocurrency is illegal or would require a special license or authorization that the such person does not possess.

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