Drop 3 Sweepstakes

Official Terms

NO PURCHASE NECESSARY TO ENTER OR WIN. A PURCHASE OR PAYMENT OF ANY KIND WILL NOT INCREASE YOUR CHANCES OF WINNING.

WINNER DETERMINED BY A RANDOMIZATION PROCESS AS DESCRIBED IN SECTION 7 BELOW.

THERE IS A LIMITED NUMBER OF POSSIBLE ENTRIES INTO THE SWEEPSTAKES. WHEN ALL HAVE BEEN DISTRIBUTED, THERE CAN BE NO FURTHER ENTRY.

VOID WHERE PROHIBITED.

YOU MUST BE A LEGAL RESIDENT OF THE U.S. AND AT LEAST 18 YEARS OF AGE OR OF THE AGE OF MAJORITY IN YOUR STATE OF RESIDENCE, WHICHEVER IS OLDER, AS OF YOUR DATE OF ENTRY.

THIS PROMOTION IS NOT SPONSORED, ENDORSED, OR ADMINISTERED BY, OR AFFILIATED IN ANY WAY WITH ANY SOCIAL MEDIA OR OTHER MEDIA IN WHICH IT IS NOTICED.

THIS PROMOTION IS NOT SPONSORED, ENDORSED, OR ADMINISTERED BY, OR AFFILIATED IN ANY WAY WITH, THE ORIGINAL MANUFACTURER OF THE PRIZES TO BE AWARDED HEREIN.

1. Eligibility

The Drop 3 Sweepstakes (the “Sweepstakes”) is administered by Blokpax LLC (“BLOKPAX”) and is open to United States residents age 18 and older. VOID WHERE PROHIBITED. Owners, officers, and employees of BLOKPAX or any of its affiliated companies and their immediate family (spouse, parents, siblings and children) and household members of each such owner, officer, or employee are not eligible. The Sweepstakes is subject to all applicable federal, state and local laws and regulations. Participation constitutes entrant’s full and unconditional agreement to these Official Rules and BLOKPAX’s decisions, which are final and binding in all matters related to the Sweepstakes. Winning a prize is contingent upon fulfilling all requirements set forth herein. The Sweepstakes consists of a sweepstakes contest as described in these Rules.

2. Administrator

BLOKPAX, 1320 Main Street, Suite 300, Columbia, South Carolina, 29201, is the sponsor and sole administrator of the Sweepstakes.

3. Timing

The Sweepstakes begins on November 12, 2021 at 12 p.m. Eastern Time (“ET”) and ends on November 19, 2021, at 4 p.m. ET (the “Sweepstakes Period”). All timing for this Sweepstakes will be based on Eastern Time, and BLOKPAX’s computer is the official time-keeping device.

4. How to Enter

There are two (2) ways to enter. THERE ARE 61,440 OF AVAILABLE ENTRIES. WHEN ALL HAVE BEEN DISTRIBUTED, THERE CAN BE NO FURTHER ENTRY BY EITHER METHOD DESCRIBED BELOW. Entries will be recorded in the order in which they are processed, until all entries are distributed.

1. Via Purchase: Entries (in the form of NFTs) will be randomly inserted into digital trading card packs sold by BLOKPAX and its approved dealers. For purposes of entry priority, entries made via purchase are considered processed upon submission of payment.
2. Via Free mail-in entry: An entrant may obtain an entry by printing his or her name, complete address, and the address of his or her valid ERC-1155 compliant Wallet on a 3 x 5 card, manually signing the card, and mailing the card in a #10 envelope, with all required postage, to: #DROP3 Free Entry, P.O. Box 61062, Columbia, South Carolina 29260. Only one card may be included in an envelope. Each entry using this method must be mailed separately. Each entry properly submitted in this way will cause the deposit into the entrant’s Wallet specified on the card of one (1) randomized entry (as an NFT), unless all entries have been distributed prior to processing of the attempted entry. Any attempted entry using this method that does not comply completely with all requirements stated in these Rules will not be accepted into the Sweepstakes. For purposes of entry distribution priority, entries made using this “Free mail-in entry” method are considered processed as follows: each valid entry request received by BLOKPAX on or before November 11, 2021, is considered processed on November 12, 2021, at 12:00:00 a.m. ET; and each valid entry request received by BLOKPAX on or after November 12, 2021, is considered processed at 11:59:59 p.m. on the day on which it is actually received.

General Conditions Regarding Entering:

For those entering via purchase, instructions on how to link an ERC-1155 compliant Wallet to their Blokpax account are found on the Blokpax website. All entries must be transferred to a linked ERC-1155 compliant wallet prior to the first elimination as detailed in Section 7, below. Any entries not transferred to the entrant’s Wallet prior to the first elimination round will be automatically eliminated from contention.

Entry requires using one of the two methods described above. Use of any automated system to participate is prohibited and may result in disqualification. BLOKPAX is not responsible for lost, late, incomplete, invalid, unintelligible or misdirected registrations, which will be disqualified.

Potential winners may be required to provide personally-identifying information for purposes of reporting to tax or regulatory authorities. The information you provide will be used only to administer the Sweepstakes.

5. The Prizes

There are thirty (30) prizes in this Sweepstakes, listed in the Appendix to these Rules. Each is a trading card. The value of each card is subjective and may change significantly over time, including over short periods of time such as the Sweepstakes Period. Based on the most recent publicized transactions of which it is aware, and without representing this information either as true current value or as an approximation thereof, BLOKPAX (at the time of preparing these Rules on October 22, 2021) estimates the value of the prize thirty (30) cards to be two hundred and eighteen thousand and fourteen dollars ($218,014.00), but recognizes and cautions that the actual value may be more or less than that estimate.

6. The Odds of Winning

There are thirty (30) prize cards. Each entry is a chance to win one particular card from the prize list, and there will be 2,048 entries for each card. Thus, each entry has a 1 in 30 chance of being eligible to win any particular card, and, once in the running for a particular card, a 1 in 2,048 chance of winning the prize (that particular card).

7. Random Winner Selection

Selection of the winning entry for each card will occur separately, in the following manner.

Each entry represents chance to win a specific one of the thirty (30) prize trading cards. Each entry is only eligible to win one particular card.

There will be (11) elimination rounds (the “Elimination Rounds”). In each Elimination Round, one-half of the entries that were still in the running before that Elimination Round (for each particular card) will be randomly eliminated by computer algorithm. The NFTs for eliminated entries will be deleted (also known as burned). Elimination Rounds will continue until there is only one (1) entry that has not been eliminated for each card (the “Contest Winning Entry”).

The Elimination Rounds will occur on the following dates and at the following times, all of which are Eastern Time.

Elimination Round	Date	Time	Entries still in contention for each card at End of Round
1	Nov 15, 2021	10:00:00 a.m.	1,024
2	Nov 15, 2021	5:00:00 p.m.	512
3	Nov 16, 2021	10:00:00 a.m	256
4	Nov 16, 2021	5:00:00 p.m	128
5	Nov 17, 2021	10:00:00 a.m	64
6	Nov 17, 2021	5:00:00 p.m.	32
7	Nov 18, 2021	10:00:00 a.m.	16
8	Nov 18, 2021	5:00:00 p.m.	8
9	Nov 19, 2021	10:00:00 a.m.	4
10	Nov 19, 2021	1:00:00 p.m.	2
Championship Round	Nov 19, 2021	5:00:00 p.m.	1 [the Contest Winning Entry]

8. Prize Award

The Wallet that contains, at the time of completion of a Championship Round, a Contest Winning Entry will automatically have a new NFT (a “Vault Token”) deposited to that Wallet that confers upon the holder a right of redemption for the underlying physical asset (the specific card for which the Vault Token is awarded), and that holder may redeem the Vault Token and receive delivery of the specific card at any time, upon condition of the holder first providing any information required for tax or regulatory reporting, including any Social Security number required for Form 1099 or similar purposes. When the underlying physical asset has been redeemed, the Vault Token will be removed from circulation and will cease to have any rights. If the owner of the Vault Token sells, transfers, gives away, or otherwise grants ownership of the Token to a third party before the owner redeems it for the underlying physical asset, the right of redemption will pass to the third party.

In the event that any winning entry NFT has not been acquired by either a dealer, a purchaser, or a free entrant and is still held by BLOKPAX, the Vault Token will be deposited into the cryptocurrency wallet that held the last entry to be eliminated in the Elimination Rounds. If there is more than one such entry eliminated in the same Elimination Round, then BLOKPAX will conduct a random drawing from among those entries to determine a winner; and the Vault Token will be deposited into the Wallet of that winner.

9. Storage/Bailment of Prize Cards

BLOKPAX will provide, without charge, storage of and insurance on the associated trading card in an amount to be determined solely by BLOKPAX (such amount to be disclosed to the Vault Token holder following the Championship Elimination Round) on the prize card associated with that Vault Token for a period of 36 months following the Championship Elimination Round. After that initial storage period, BLOKPAX may offer such services pursuant to contract between BLOKPAX and the owner of the Vault Token. The terms of any such contract offered by BLOKPAX, including pricing therefor, will be posted on http://www.blokpax.com and may be modified by BLOKPAX from time to time.

10. Notification and Verification of Winners

Due to the inherent anonymity of cryptocurrency wallets, BLOKPAX has no certain way of contacting the owner of a Vault Token stored in a cryptocurrency wallet not developed or administered by BLOKPAX and BLOKPAX is under no obligation to do so. IT WILL BE THE SOLE RESPONSIBILITY OF EACH ENTRANT TO DETERMINE WHETHER HE OR SHE HELD THE CONTEST WINNING ENTRY AND HAS RECEIVED THE VAULT TOKEN.

ALL VAULT TOKEN HOLDERS ARE SUBJECT TO VERIFICATION BY BLOKPAX WHOSE DECISIONS ARE FINAL AND BINDING IN ALL MATTERS RELATED TO THE SWEEPSTAKES.

11. POSSIBLE FORFEITURE OF PRIZE BY WINNER

If a Vault Token holder who has not redeemed that Token for the prize card fails to maintain a contract with BLOKPAX for storage pursuant to Section 9 above then that Vault Token will lose all rights associated with the prize card; and BLOKPAX will cause the metadata associated with that Vault Token to be modified to reflect that loss of rights. If that occurs, BLOKPAX will, within ninety (90) days of the expiration of the previous storage arrangement, make arrangements on the Vault Token owner’s behalf to sell the forfeited prize card in a public auction of BLOKPAX’s design or choosing, and, after retaining twenty percent (20%) of the auction sales proceeds for expenses, for administrative costs, and as auction commission, will deposit eighty percent (80%) of the auction sales proceeds in ETH into the cryptocurrency wallet then holding the Vault Token.

12. Tax Responsibility

The owner or owners of a Vault Token will be responsible for all taxes levied by any jurisdiction on the receipt, ownership, transfer, or profit from the Vault Token or the associated prize card; and the recipient of any alternative cash payment will be responsible for all taxes levied by any jurisdiction thereon. At any time that any jurisdiction seeks to impose tax liability on BLOKPAX with respect to an unredeemed Vault Token or prize card, BLOKPAX shall have a lien on the prize card for the full amount of any such taxes for which it is found liable; and acquisition of a sweepstakes entry or a Vault Token by any person will constitute that person’s consent to that Lien.

13. Release

By entering this Sweepstakes, entrant agrees to release and hold harmless BLOKPAX, and their respective subsidiaries, affiliates, suppliers, distributors, advertising/promotional agencies, and each of their respective parent companies and each such company’s officers, directors, employees and agents (collectively, the “Released Parties”) from and against any claim or cause of action, including, but not limited to, personal injury, death, or damage to or loss of property, arising out of participation in the Sweepstakes or receipt or use or misuse of any prize.

14. Limitations of Liability

The Released Parties are not responsible for: (1) any incorrect or inaccurate information, whether caused by entrants, printing errors or by any of the equipment or programming associated with or utilized in the Sweepstakes; (2) technical failures of any kind, including, but not limited to malfunctions, interruptions, or disconnections in phone lines or network hardware or software; (3) unauthorized human intervention in any part of the entry process or the Sweepstakes; (4) technical or human error which may occur in the administration of the Sweepstakes or the processing of entries; or (5) any injury or damage to persons or property which may be caused, directly or indirectly, in whole or in part, from entrant’s participation in the Sweepstakes or receipt or use or misuse of any prize. If for any reason an entrant’s entry is confirmed to have been erroneously deleted, lost, or otherwise destroyed or corrupted, entrant’s sole remedy is another entry in the Sweepstakes; provided, however, that if it is not possible to award another entry due to completion of the Sweepstakes or due to full depletion of the stock entries, BLOKPAX, shall, as a sole and complete remedy, refund to that entrant any amount paid by that entrant for entry into the Sweepstakes. No more than the stated number of prizes will be awarded. In the event that production, technical, seeding, programming or any other reasons cause more than stated number of prizes as set forth in these Official Rules to be available and/or claimed, BLOKPAX reserves the right to award only the stated number of prizes by a random drawing among all legitimate, unawarded, eligible prize claims.

15. Publicity

Except where prohibited, participation in the Sweepstakes constitutes each Card Contest winner’s consent to BLOKPAX’s and its agents’ use of winner’s name, likeness, photograph, voice, opinions, hometown and state in any media, worldwide, without further payment or consideration.

16. General Conditions

BLOKPAX reserves the right to cancel, suspend and/or modify the Sweepstakes, or any part of it, if any fraud, technical failures or any other factor beyond BLOKPAX’s reasonable control impairs the integrity or proper functioning of the Sweepstakes, as determined by BLOKPAX in its sole discretion. BLOKPAX reserves the right in its sole discretion to disqualify any individual it finds to be tampering with the entry process or the operation of the Sweepstakes or to be acting in violation of these Official Rules or any other Sweepstakes or in an unsportsmanlike or disruptive manner. Any attempt by any person to deliberately undermine the legitimate operation of the Sweepstakes may be a violation of criminal and civil law; and, should such an attempt be made, BLOKPAX reserves the right to seek damages from any such person to the fullest extent permitted by law. BLOKPAX’s failure to enforce any term of these Official Rules shall not constitute a waiver of that provision.

17. Dispute Resolution: Arbitration and No Class Action; Limitations of Remedies; Applicable Law

Each entrant agrees, and it is an express and essential condition of his or her entry, that:

(i) NO CLASS ACTION: any and all disputes, claims and causes of action arising out of or connected with this Sweepstakes, these Rules, or any prizes awarded shall be resolved individually, without resort to any form of class action, and any such claim must be brought in the claimant’s individual capacity, and not as a plaintiff or class member in any purported class or representative proceeding;

(ii) Governing Law: all issues and questions concerning the construction, validity, interpretation and enforceability of these Official Rules, or the rights and obligations of the entrant and BLOKPAX in connection with the Sweepstakes, shall be governed by, and construed in accordance with, the laws of the State of South Carolina, without giving effect to any choice of law or conflict of law rules (whether of the State of South Carolina or any other jurisdiction), which would cause the application of the laws of any jurisdiction other than the State of South Carolina; provided, however, any issues concerning the administration of the Sweepstakes or the determination of winners shall be determined by BLOKPAX in its sole discretion, and any issues with respect to the interpretation, applicability, and enforcement of Section 20(iii) below shall be governed by the Federal Arbitration Act (9 U.S. Code § 1, et seq.) in any instance in which that Act differs from the relevant law of South Carolina;

(iii). ARBITRATION AS EXCLUSIVE DISPUTE RESOLUTION PROCESS: any and all disputes, claims and causes of action arising out of or connected with this Sweepstakes, or any prizes awarded, shall be resolved exclusively by arbitration under the Federal Arbitration Act and using the Commercial Arbitration Rules of the American Arbitration Association (“AAA”) using a single AAA arbitrator selected in accordance with those Commercial Arbitration Rules, with arbitration to occur in Columbia, South Carolina; and the arbitrator may not consolidate more than one person’s claims, and may not otherwise preside over any form of a representative or class proceeding; and

(iv) Limitation of Remedies: any and all claims, judgments and awards shall be limited to actual out-of-pocket costs incurred, including costs associated with entering this Sweepstakes, but in no event attorneys’ fees; and under no circumstances will entrant be permitted to obtain awards for, and entrant hereby waives all rights to claim, punitive, incidental and consequential damages and any other damages, other than for actual out-of-pocket expenses, and any and all rights to have damages multiplied or otherwise increased. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATIONS OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE MAY NOT APPLY TO YOU. By participating in the Sweepstakes, you expressly waive all rights under Section 1542 of the Civil Code of California (and any similar laws), which reads as follows: “1542. CERTAIN CLAIMS NOT AFFECTED BY GENERAL RELEASE. A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.”

18. Entrant’s Personal Information

Information collected from entrants is subject to the BLOKPAX Privacy Policy, which is available at http://www.blokpax.com.

19. Sweepstakes Results

For Sweepstakes results and/or a copy of these Official Rules, send a hand-printed, self-addressed, stamped envelope to 2021 Drop 3 Sweepstakes, c/o BLOKPAX LLC, P.O. Box 61062, Columbia, South Carolina 29260. Requests for the winners list must be received by October 22, 2022. Vermont residents may exclude return postage.

Appendix

Category	Production Year	Manufacturer	Name	Distinction	Sequence Number	Team	Grading Authority	Grade	Grading Authority Serial Number	Entries
Basketball	1996	Topps	Kobe Bryant	DIAMOND FRAX 1 of 6	138	Los Angeles Lakers	PSA	10	02101217	2048
Basketball	1986	Fleer	Michael Jordan	DIAMOND FRAX 1 of 6	57	Chicago Bulls	PSA	10	50082691	2048
Basketball	2018	Panini	Luka Dončić	Crown Royale - Rookie Autograph Relic Silhouettes Prime (01/25)	226	Dallas Mavericks	BGS	8.5	0012008591	2048
Baseball	1909-11	Sweet Caporal	Ty Cobb	S. Caporal 350 - 460/42 - Portrait Red	T206	Detriot Tigers	PSA	4	11448736	2048
Baseball	2018	Topps	Juan Soto	Bowman's Best - Best of 2018 Gold Autograph (21/50)	B18-JSO	Washington Nationals	PSA	10	43075091	2048
Basketball	1992	Upper Deck	Shaquille O'Neal		1	Orlando Magic	PSA	10	47107734	2048
Hockey	2005	Upper Deck	Alexander Ovechkin	Ultimate Collection - Ultimate Signature	US - AO	Washington Capitals	PSA	10	20678862	2048
Soccer	2018	Panini	Weston McKennie	Donruss Optic - Gold Vinyl (1/1)	199	United States	PSA	8	49000543	2048
Football	1998	Topps	Peyton Manning	Autographs	A10	Indianapolis Colts	BGS	9.5	0003599956	2048
Football	2017	Panini	Patrick Mahomes II	Prizm - Illumination	3	Kansas City Chiefs	PSA	10	47250593	2048
Football	2019	Panini	Kyler Murray	Immaculate Collection - Premium Patch Rookie Autograph (20/35)	PP-KM	Arizona Cardinals	PSA	10	45755284	2048
Basketball	1996	Fleer	Kobe Bryant	Skybox - E-X 2000 - Star Date 2000	3	Los Angeles Lakers	BGS	9	0012571288	2048
Pokémon	1999	Pokémon	Blastoise	First Edition Shadowless Holo - Thin Stamp	2		BGS	8	0012698567	2048
Baseball	1996	Donruss	Derek Jeter	Leaf Signature Series - Autographed		New York Yankees	SGC	10	5807547	2048
Football	2018	Panini	Baker Mayfield	Contenders - Autograph	101A	Cleveland Browns	BGS	9.5	0011590736	2048
Baseball	2019	Topps	Vladimir Guerrero Jr.	Topps Update - Memorial Day Camo (07/25)	US1	Toronto Blue Jays	BGS	9.5	0012119275	2048
Football	2000	Press Pass	Tom Brady		37	Michigan Wolverines	PSA	10	27515736	2048
Basketball	2012	Panini	Kobe Bryant	Select - Prizms	54	Los Angeles Lakers	BGS	9.5	0012903409	2048
Basketball	2012	Panini	LeBron James	Prizm - Base	1	Miami Heat	PSA	10	56197139	2048
Hockey	1979	O-Pee-Chee	Wayne Gretzky		18	Edmonton Oilers	PSA	1.5	18372807	2048
Football	2000	Fleer	Tom Brady	Metal	267	New England Patriots	BGS	9	0008880912	2048
Basketball	1998	Fleer	Allen Iverson	Skybox Thunder - Noyz Boyz	8	Philadelphia 76ers	PSA	9	52654313	2048
Baseball	1954	Topps	Jackie Robinson		10	Brooklyn Dodgers	PSA	5	27775146	2048
Baseball	1958	Topps	Mickey Mantle		150	New York Yankees	PSA	6	41617331	2048
Baseball	2018	Panini	Williams/Ruth/Robinson	Flawless - Legendary Trios Relics (05/15)	LT-RRW		BGS	9.5	0011107953	2048
Football	2018	Panini	Lamar Jackson	Donruss Optic - Holo	167	Baltimore Ravens	PSA	10	47173942	2048
Football	2020	Panini	Justin Herbert	Prizm - Disco	325	Los Angeles Chargers	PSA	10	58317733	2048
Football	2004	Fleer	Ben Rothlisberger	Fleer E-X - Essential Credentials Future (05/20)	46	Pittsburgh Steelers	PSA	7	47716790	2048
Basketball	1986	Fleer	Larry Bird		9	Boston Celtics	PSA	9	30137371	2048
Basketball	2003	Upper Deck	LeBron James	Redemption Special		Clevland Cavaliers	PSA	10	30641359	2048

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