VELTA General Terms and Conditions for Participation in the "VELTA NFT Event"

General Terms and Conditions for Participation in the 'VELTA NFT Event' To be eligible for the event organized by Velta on Twitter (hereinafter referred to as 'X'), the participant must meet the following conditions listed below. Legal Capacity and Qualification

The participant must be recognized as of legal age according to the legislation of their country of residence.
The participant must have the legal capacity and free disposal of their assets.
The participant must not be employed by Velta or belong to Velta's affiliated members.

Eligibility

The eligibility conditions detailed below will only be validly imposed if strictly complied with before the closing date provided in this document.

The benefits of the event are potentially granted to participants who have completed all of the following actions:

1. Follow the official Twitter account of VELTA @VeltaDotOrg, the account of Vincent Kem PHETSOMPHOU @EkvaraK as CEO, and the account of Frédéric NAGALINGUM @fredericnaga as Director of transaction operations. 2. Share VELTA's official post on their personal Twitter account including a sentence and hashtags specified by VELTA. This post will be clearly designated to participants on VELTA's official account as the one accompanying the event 3. Like and comment on the shared post by mentioning (tagging) four different Twitter accounts. Accounts mentioned will not be considered if they are fake accounts, bots, or if several of these accounts belong to the same person or entity. 4. Provide their valid email address. It will be used by the organizers to contact the participant in case of selection for the Super Prize and to announce the end of the event. 5. Provide a public address of the Polygon blockchain.

Sanctions and Exclusions a. By participating, participants agree to be bound by these 'General Terms and Conditions of Participation' as well as by the decisions made by VELTA, which shall be final and binding. They declare that they have read and accepted that French law is the only applicable law to the event and that any dispute will be submitted to the tribunal de grande instance of Nice, département des Alpes-Maritimes (06), France. b. By participating in this event, participants acknowledge that this activity is not a game of chance but is based on specific actions to be performed. They also acknowledge that no payment is required to participate. c. VELTA reserves the right to disqualify any participant who violates the 'General Terms and Conditions of Participation', or attempts to manipulate the participation process in any way. The benefit of the doubt accrues to VELTA, which may exclude the participant unilateraly. d. VELTA also reserves the right to modify, suspend, or cancel the event in case of unforeseen circumstances or force majeure. The total number of NFTs is 200,000 units, all part of a series titled : VELTANIMO. The distribution of NFTs will be random among eligible participants, based on actions performed in accordance with the specified instructions. No guarantee of receipt is offered for any specific participant. Each awarded NFT will correspond to one of the six categories mentioned in VELTA's official communication, notably in the White Paper. These categories represent redemption value promises, subject to the following conditions being me :

The VELTA foundation must achieve a token collateral issuance target for a minimal total value of $200,000,000, which must be provided as collateral on VELTA's Lending DeFi platform. This amount must be maintained for at least 12 consecutive months.

Here is the distribution of categories and the number of NFTs for each of the 6 categories:

# Catégorie 1 : $1 x 127 800 NFTs = $127,800 $ # Catégorie 2 : $5 x 57 800 NFTs = $289,000 $ # Catégorie 3 : $50 x 12 800 NFTs = $640,000 $ # Catégorie 4 : $100 x 1 000 NFTs = $100,000 $ # Catégorie 5 : $500 x 500 NFTs = $250,000 $ # Catégorie 6 : $1000 x 100 NFTs = 100 000 $ #Super Prize : $50,000 x 1 NFT = $50,000 The randomly selected participant or the most recent NFT owner for the $50,000 Super Prize will be notified via email at the address provided during the initial registration process or on our website velta.org, within 30 days following the closure of the event. Instructions regarding the claim of the Super Prize will be provided in this email and or on our website velta.org . The Winner will have 30 days from the receipt of the email or from announcement on our website velta.org to respond and claim the $50,000 Super Prize. After this consecutive 30-day period, the Super Prize is canceled, and the $50,000 is permanently lost. Participants in the event or the most recent owners who have received an NFT will have a 30-day period to claim the corresponding $ value of the NFT they own in their Polygon address after VELTA has announced on its X account (Twitter) or on our website velta.org that it has successfully fulfilled the token issuance condition collateralized during a consecutive 12-month period, for a total value of $200,000,000 on VELTA's Lending DeFi platform. If the participant has not claimed the corresponding value of their NFT within 30 days after the announcement, the value of their NFT will be deemed null.