Valora's Dapp Bake Off Official Rules

Valid as of January 27, 2022

Welcome to Valora’s Mobile First Dapp Bake Off (“Dapp Bake Off”)! 

The Dapp Bake Off is a contest sponsored by Valora Inc. (the “Company” or “Valora”) that is designed to provide Celo dapp builders increased exposure to Valora users. The Dapp Bake Off allows eligible Celo dapp builders (“Participants” or “You”) to submit a dapp that will be featured on a rotating basis on Valora’s new Dapps Page for a period of 30 days, after which, winners will receive awards based on dapp performance in various categories.

Participation in the Dapp Bake Off is subject to these Terms and Conditions (the “Terms”) and the Company’s Privacy Policy (“Privacy Policy”), and all other agreements or terms as set forth by the Company. By entering a submission to the contest, you are agreeing to these Terms as such Terms constitute a binding obligation between you and the Company.

YOUR PARTICIPATION IN THE DAPP BAKE OFF IS ENTIRELY VOLUNTARY, BUT IF YOU ARE PARTICIPATING IN THE DAPP BAKE OFF, YOU MUST STRICTLY ADHERE TO THE FOLLOWING TERMS. VOID WHERE PROHIBITED BY LAW.

1. Agreement to Terms 

By submitting a dapp as part of the Dapp Bake Off which will be featured in the Valora app, you agree to be bound by these Terms. If you don’t agree to be bound by these Terms, do not participate. If you are accessing and participating on behalf of a company (such as your employer) or other legal entity, you represent and warrant that you have the authority to bind that company or other legal entity to these Terms. In that case, “you” and “your” will refer to that company or other legal entity.

2. Privacy Policy

Please refer to our Privacy Policy (available at https://valoraapp.com/privacy ) for information on how the Company may collect, use and disclose information. You acknowledge and agree that your participation is subject to this Privacy Policy.

IMPORTANT NOTICE REGARDING ARBITRATION: WHEN YOU AGREE TO THESE TERMS YOU ARE AGREEING (WITH LIMITED EXCEPTION) TO RESOLVE ANY DISPUTE BETWEEN YOU AND THE COMPANY THROUGH BINDING, INDIVIDUAL ARBITRATION RATHER THAN IN COURT. PLEASE REVIEW CAREFULLY SECTION 15 “DISPUTE RESOLUTION” BELOW FOR DETAILS REGARDING ARBITRATION.

3. Changes to Terms

The Company may update the Terms at any time, in its sole discretion. If it does so, the Company will deliver a notice either by posting the updated Terms here or through other communications. It is important that you review any and all updated Terms. If you continue to participate in the Dapps Bake Off after the company has posted updated Terms, you are agreeing to be bound by the updated Terms. If you don’t agree to be bound by the updated Terms, then you may not participate in the Dapps Bake Off anymore. The Company may change or discontinue all or any part of the Dapp Bake Off at any time and without notice at its sole discretion.

4. Eligibility

You may participate in the Dapp Bake Off only if: (a) you are 18 years or older and capable of forming a binding contract with the Company; (b) you are not a citizen or resident of any jurisdiction designated by the United Nations, European Union, any EU country, UK Treasury, or the U.S. Secretary of State as a country supporting international terrorism, or to which U.S. nationals cannot lawfully engage in transactions as designated by the Office of Foreign Assets Control, including without limitation Cuba, Democratic People’s Republic of Korea, the Crimea region of Ukraine, Iran, or Syria; and (c) you are not barred from participating under applicable law. Failure to provide such identifying information and/or a failure to demonstrate compliance with the restrictions herein may result in termination of your participation and prohibition from participating in future challenges or other actions.

You agree to comply with all applicable national, international and local laws, ordinances and regulations in connection with your participation in the Dapp Bake Off. Nothing herein shall constitute an employment, consultancy, joint venture, or partnership relationship between you and the Company.

5. Description of the Dapp Bake Off 

Each Participant’s dapp will be spotlighted for a period of 30 days on Valora’s Dapps Page in a “New Apps” section created specifically for the Dapp Bake Off of the Dapp Bake Off. During this time, each dapp will receive equal exposure. Additionally, Valora will periodically publish updates and analytics on dapp usage on the Dapps Page. Participants can use this information to track their progress during the contest and will be able to alter, update, and make improvements to their dapp. 

Winner Selection and Notification

At the end of the 30-day Dapp Bake Off period, one winner will be chosen from each of the following categories*:

  • Most Popular: dapp with the greatest number of user (i.e., greatest number of unique Valora wallet addresses opening the dapp)

  • Most Engaging: dapp with the most engagement (i.e., greatest usage measured by the number of transactions per unique Valora wallet address attributable to that dapp)

  • Most Global: dapp with the most geographically diverse users (i.e., the greatest number of unique Valora wallet addresses from different countries)

  • Fast Growing: dapp with the greatest increase in users (i.e., the highest rate of change in unique Valora wallet addresses opening the dapp)

*Participants may not win in more than one of the above categories. Ties will be decided by first-in-time with regard to entry submissions. 

Winners from each of the above categories will be awarded with all of the following:

  • 10,000 cUSD

  • Featured placement in Valora’s Dapps Page

  • Joint promotions on Valora’s social and marketing channels

After the close of the 30-day duration (from March 4, 2022 through April 4, 2022) of the Dapp Bake Off contest, winners will be determined and announced on or about April 5, 2022 by posting in the #bakeoff channel on Valora’s official Discord Server. Winners may be required to execute and return contest forms in order to receive awards, including but not limited to, an affidavit of eligibility, a liability release, a W-8 or W-9 form, and a publicity release, within the time frame set forth in such notification.

If for any reason, as determined solely by the Company, the Participant is not eligible to receive the award, the Company will endeavor, but will not be required, to provide some compensation to Participant, within the sole discretion of the Company.

All federal, state and local taxes and any other costs and expenses associated with award acceptance are the responsibility of the winners.

6. How to Enter

Requirements to Enter

In order to participate in the Dapp Bake Off, your dapp must meet the following requirements: 

  1. dapp must support WalletConnect V1 or DAppKit (see the latest 3.0.0 version of use-contractkit)

  2. dapp must not obfuscate any smart contracts they use

  3. dapp must be mobile-first

  4. dapp must be in one of the approved categories

  5. dapp must include a URL to user documentation

Dapp Submissions

Submissions are done through Valora’s dapp-list GitHub repository.

Each submission should include the following information: 

  1. name of dapp

  2. dapp category 

  3. dapp logo 

  4. dapp URL 

  5. brief description of the app (approx. 250 words or less) 

Once all the above information is submitted, the Dapp Bake Off Coordination Team will review each submission and respond with feedback for you to address, if any.

7. Contest Timeline

Here are important dates to note for the Dapp Bake Off:

  • February 1, 2022: First day for submissions (submit early to ensure you have time to address feedback!)

  • February 18, 2022: Submission period closes at 5:00 pm PT

  • March 4, 2022: Dapp Bake Off begins at 9:00 am PT as Participants’ dapps appear in the Valora app

  • April 4, 2022: Dapp Bake Off ends

  • On or around April 5, 2022: Winners will be announced and notified on Discord.

8. General Prohibitions and Company’s Enforcement Rights

You will not tamper with or hack the Dapp Bake Off, the Celo Technology, the Company’s or other participants’ computer systems, or the technical delivery systems of Company’s providers including without limitation any attacks that may violate Amazon Web Services Acceptable Use Policy and Google Cloud Platform's Acceptable Use Policy;

You will not Interfere with, or attempt to interfere with, the access of any user, host or network, including, without limitation, sending a virus, overloading, flooding, spamming, creating, encouraging or implementing Sibyl attacks or mail-bombing;

You will not impersonate or misrepresent your affiliation with any person or entity;

You will not adversely affect the goodwill of the Company or the Celo Protocol;

You will not violate any applicable law or regulation; and

You will not encourage or enable any other individual to do any of the foregoing or otherwise violate the Terms.

Although the Company is not obligated to monitor access to or participation in the Dapp Bake Off, it has the right to do so for the purpose of operating the Dapp Bake Off, to ensure compliance with the Terms and to comply with applicable law or other legal requirements. The Company reserves the right, but is not obligated, to suspend or terminate the Dapp Bake Off at any time and without notice. The Company has the right to investigate violations of the Terms or conduct that affects the Dapp Bake Off. The Company may further consult and cooperate with law enforcement authorities to prosecute those who violate the law.

9. Representations, Warranties and Disclaimers

YOU ACCEPT AND ACKNOWLEDGE THAT THERE ARE RISKS ASSOCIATED WITH PARTICIPATING IN THE DAPP BAKE OFF  INCLUDING, BUT NOT LIMITED TO, THE RISK OF FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTIONS, AND THE RISK OF MALICIOUS SOFTWARE INTRODUCTION. YOU ACCEPT AND ACKNOWLEDGE THAT THE COMPANY WILL NOT BE RESPONSIBLE FOR ANY LOSSES, FAILURES, DISRUPTIONS, ERRORS, DISTORTIONS OR DELAYS YOU MAY EXPERIENCE WHEN PARTICIPATING IN THE DAPP BAKE OFF, HOWEVER CAUSED.

YOU ACCEPT AND ACKNOWLEDGE THAT THERE ARE RISKS ASSOCIATED WITH USING ANY CRYPTOCURRENCY NETWORK, INCLUDING, BUT NOT LIMITED TO, THE RISK OF UNKNOWN VULNERABILITIES IN OR UNANTICIPATED CHANGES TO THE NETWORK PROTOCOL. YOU ACKNOWLEDGE AND ACCEPT THAT THE COMPANY HAS NO CONTROL OVER ANY CRYPTOCURRENCY NETWORK AND WILL NOT BE RESPONSIBLE FOR ANY HARM OCCURRING AS A RESULT OF SUCH RISKS.

You have a sufficient understanding of the functionality, usage, storage, transmission mechanisms, and other material characteristics of cryptographic tokens, token storage mechanisms (such as token wallets), distributed ledger technology, and decentralized software systems to understand the terms of the Dapp Bake Off and to appreciate the risks and implications relating to the Dapp Bake Off.

THE COMPANY WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS AND TAKES NO RESPONSIBILITY FOR AND WILL NOT BE LIABLE TO YOU FOR YOUR PARTICIPATION IN THE DAPP BAKE OFF, INCLUDING BUT NOT LIMITED TO ANY LOSSES, DAMAGES OR CLAIMS ARISING FROM: (i) USER ERROR SUCH AS FORGOTTEN PASSWORDS, LOST OR MISSING PRIVATE KEYS, INCORRECTLY CONSTRUCTED TRANSACTIONS, OR MISTYPED ADDRESSES; (ii) SERVER FAILURE; (iii) CORRUPTED WALLET FILES; (iv) UNAUTHORIZED ACCESS TO APPLICATIONS; OR (v) ANY UNAUTHORIZED THIRD PARTY ACTIVITIES, INCLUDING WITHOUT LIMITATION THE USE OF VIRUSES, PHISHING, BRUTE FORCING OR OTHER MEANS OF ATTACK AGAINST THE DAPP BAKE OFF [OR COMPANY’S PRODUCT AND/OR SERVICES OFFERED].

THE COMPANY MAKES NO WARRANTY THAT  INCLUDING THE SERVER THAT MAKES THE DAPP BAKE OFF AVAILABLE, ARE FREE OF VIRUSES OR ERRORS, THAT IT WILL BE UNINTERRUPTED, OR THAT DEFECTS WILL BE CORRECTED. THE COMPANY WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS OF ANY KIND, FROM ACTION TAKEN, OR TAKEN IN RELIANCE ON MATERIAL, OR INFORMATION, CONTAINED OR MADE AVAILABLE THROUGH THE DAPP BAKE OFF [OR COMPANY’S PRODUCT AND/OR SERVICES OFFERED].

The Company makes no warranty that the Dapp Bake Off or the Company’s products and or services will meet your requirements or be available on an uninterrupted, secure, or error-free basis. The Company makes no warranty regarding the quality, accuracy, timeliness, truthfulness, completeness or reliability of any information or materials offered in connection with the Dapp Bake Off or on Dapp Bake Off Forums. YOU ASSUME ALL RISK AND LIABILITY FOR THE RESULTS OBTAINED BY THE USE OF [THE COMPANY’S PRODUCT AND OR SERVICES OFFERED] AND REGARDLESS OF ANY ORAL OR WRITTEN STATEMENTS MADE BY THE COMPANY, BY WAY OF TECHNICAL ADVICE OR OTHERWISE, RELATED TO THE DAPP BAKE OFF AND THE COMPANY’S PRODUCT AND SERVICES.

You accept and assume all risks and liabilities that the Company and/or third parties participating in the Dapp Bake Off may be subject to investigative and punitive actions from governmental authorities.

You may suffer adverse tax consequences as a result of your participation in the Dapp Bake Off. You hereby represent that (i) you have consulted with a tax adviser that you deem advisable in connection with your participation, or that you have had the opportunity to obtain tax advice but have chosen not to do so, (ii) the Company has not provided you with any tax advice with respect to your participation, and (iii) you are not relying on the Company for any tax advice. You agree to be fully responsible for any taxes resulting from your Dapp Bake Off participation.

10. Indemnity

You will indemnify and hold harmless The Company, its affiliates, and their respective officers, directors, employees and agents (together, the “Released Parties”), from and against any claims, disputes, demands, liabilities, damages, losses, and costs and expenses, including, without limitation, reasonable legal and accounting fees arising out of or in any way connected with (i) your access to or participation in the Dapp Bake Off, and (ii) your violation of the Terms.

11. Limitation of Liability

NEITHER THE RELEASED PARTIES NOR ANY OTHER PARTY INVOLVED IN  WILL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOST PROFITS, LOST REVENUES, LOST SAVINGS, LOST BUSINESS OPPORTUNITY, LOSS OF DATA OR GOODWILL, SERVICE INTERRUPTION, COMPUTER DAMAGE OR SYSTEM FAILURE OR THE COST OF SUBSTITUTE ACTIVITIES OF ANY KIND ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR YOUR PARTICIPATION IN THE DAPP BAKE OFF, OR INABILITY TO PARTICIPATE IN THE DAPP BAKE OFF, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT COMPANY OR ANY OTHER PARTY HAS BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE, EVEN IF A LIMITED REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU.

IN NO EVENT WILL THE RELEASED PARTIES’ TOTAL LIABILITY TO YOU ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE PARTICIPATION IN, OR INABILITY TO PARTICIPATE IN THE DAPP BAKE OFF,  EXCEED $100.

THE EXCLUSIONS AND LIMITATIONS OF DAMAGES SET FORTH ABOVE ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN COMPANY AND YOU.

12. Governing Law and Choice of Forum

These Terms and any action related thereto will be governed by the laws of the state of California in the United States of America without regard to its conflict of laws provisions. The exclusive jurisdiction for all Disputes (defined below) will be in San Francisco, California, and you and Company each waive any objection to such jurisdiction and venue.

13. Dispute Resolution

You agree that, by participating in the Dapp Bake Off, any dispute, controversy, difference or claim arising out of, relating to or in connection with this contract, or the breach, termination or invalidity thereof (together, the “Disputes”), shall be finally settled by arbitration referred to the American Arbitration Association in accordance with the Association’s arbitration rules. The place of arbitration shall be in San Francisco, California. The language of arbitration shall be English. The arbitral award shall be final and binding upon both parties. YOU AND COMPANY AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. Further, unless both you and Company agree otherwise, the arbitrator may not consolidate more than one person's claims with your claims, and may not otherwise preside over any form of a representative or class proceeding. If this specific provision is found to be unenforceable, then the entirety of this Dispute Resolution section shall be null and void.

14. Additional TermsAccess to the Dapp Bake Off.

Access to the Dapp Bake Off. The Company reserves the right to block any and all access you may have to the Dapp Bake Off, to remove your dapp from the “New Apps” section if you have violated any of the terms and conditions of the Terms (as determined solely by the Company).

Winners’ Access to Company’s Dapps Marketplace. Winning dapps to be featured on Valora Dapps Page may be subject to a due diligence process in order to continue to be listed on the Company Dapps Page. The Company reserves the right to remove and/or block any and all access to the Company’s  Dapps Page if a winning dapps is found to be in violation of applicable laws or does not meet Company’s dapps requirements.

Investigations. The Company reserves the right to request information about, review and investigate all activities, and to disqualify Participants if it believes a Participant has engaged in any activity that is abusive, fraudulent, in bad faith or otherwise fails to meet relevant standards and requirements.

Cancellation. The Company may, in its sole discretion, with or without prior notice and at any time, modify or terminate, temporarily or permanently, any portion of the Dapp Bake Off.

Entire Agreement. These Terms constitute the entire and exclusive understanding and agreement between Company and you regarding the Dapp Bake Off, and the Terms supersede and replace any and all prior oral or written understandings or agreements between Company and you regarding the Dapp Bake Off. If any provision of the Terms is held invalid or unenforceable by an arbitrator or a court of competent jurisdiction, that provision will be enforced to the maximum extent permissible and the other provisions of the Terms will remain in full force and effect. You may not assign or transfer the Terms, by operation of law or otherwise, without Company’s prior written consent. Any attempt by you to assign or transfer the Terms, without such consent, will be null and void. Company may freely assign or transfer these Terms without restriction. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns. The Released Parties other than the Company are third party beneficiaries to these Terms.

Notices. Any notices or other communications provided by Company under the Terms, including those regarding modifications to the Terms, will be given by posting to the Dapp Bake Off [Forum].

Waiver of Rights. Company’s failure to enforce any right or provision of these Terms will not be considered a waiver of such right or provision. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of Company. Except as expressly set forth in these Terms, the exercise by either party of any of its remedies under these Terms will be without prejudice to its other remedies under these Terms or otherwise.

15. Contact and Feedback on Dapps Page

The Dapp Bake Off is exclusively sponsored by Valora Inc., 550 Allerton St., Redwood City, CA 94063.

If you have any questions about these Terms or the Dapp Bake Off, please contact dappbakeoff@valoraapp.com

The Company (and the larger Celo community) also welcomes feedback, comments and suggestions for improvements to the Company’s Dapps Page. You can submit Feedback by emailing dappbakeoff@valoraapp.com. You grant to the Company a non-exclusive, transferable, worldwide, perpetual, irrevocable, fully-paid, royalty-free license, with the right to sublicense, under any and all intellectual property rights that you own or control to use, copy, modify, create derivative works based upon and otherwise exploit the Feedback for any purpose, in any form, format, media or media channels now known or later developed or discovered.