Legal
Genesis Campaign Terms
Last updated Oct 4, 2026
1. What Genesis is
Genesis is a free community campaign run by the BASKT project ("BASKT", "we", "us") at genesis.onchainbaskt.com (the "Campaign Site"). Taking part means completing published tasks, called quests, and inviting other people. These terms apply to the campaign. The Terms of Use, the Privacy Policy and the Risk Disclosure also apply, and these terms come first if they ever disagree about the campaign.
Participation is free. You never pay us to take part and you never send us funds.
2. Genesis Points
Genesis Points are campaign records kept in our database. They are not a token, not a currency, not a security and not property. They have no monetary value, cannot be bought, sold, transferred or exchanged, and they give you no right, claim, ownership or entitlement of any kind against BASKT or anyone else.
Each quest pays a number of base points, published with the quest. Two boosts apply on top of that base, to every quest you complete:
- Pre-registration boost. If you registered inside the pre-registration window, which opens on 22 September 2026 at 18:00 UTC and closes on 25 September 2026 at 18:00 UTC, you are credited an extra 10% of the base points of each quest.
- Invite boost. If you registered through someone's invite link, you are credited an extra 10% of the base points of each quest.
Both boosts can apply at once. Fractions are rounded down. We may change any of these values under section 9.
We do not promise that Genesis Points will ever be converted into anything. Any future reward, if there is one, would be decided by us, announced separately, and subject to its own rules and eligibility checks.
Points are not final until the campaign closes and our review is finished. We may correct, withhold, reduce or void points at any time under section 7.
3. The Genesis community reserve
Part of the future supply of the $BSKT token is reserved for the Genesis community, meaning the people who took part in this campaign before the protocol launched. That reserve goes to users. It never goes to a team, an investor or a private round.
We have stated publicly that 10% of total supply is set aside for Genesis participants. There is no team allocation to take it from, so those tokens are bought when the token launches, as the launcher's initial buy on the Pons curve, paid for with protocol fees collected before launch and, where those fall short, by us. We will publish the wallet that holds them the day they are bought. That figure is the size of the pool. It is not a promise of an amount to you. How much any single wallet receives depends on the number of eligible participants, on the distribution formula we publish, and on the eligibility checks in section 4. None of those are fixed today.
This is not a promise of an allocation to you, of a date, or of any value. The token does not exist yet and has no launch date. How the reserve is distributed, to whom, and what part Genesis Points play in it, is decided by us and published separately before any distribution takes place.
We may change the distribution formula, the timing, and the eligibility rules at any time, including after this campaign ends, and we may increase the size of the reserve. If a change is significant we will say so publicly, as set out in section 9. Nothing in this section is an offer, a sale or a solicitation.
4. Who can take part
To take part you must:
- be at least 18 years old and able to accept these terms;
- prove you control one external wallet by signing a message with it, which costs no gas and sends no transaction, and link one X account, and use the same pair for the whole campaign;
- not be a resident of, or located in, a country or territory subject to comprehensive sanctions, and not appear on any applicable sanctions list;
- not take part where the campaign is restricted by the law that applies to you.
One wallet may be linked to one X account only, and one X account to one wallet only. Linking a Telegram account is optional, but some quests require it, and the same rule applies: one wallet to one Telegram account, and one Telegram account to one wallet. Every one of these links is fixed once set and cannot be changed. Accounts that share an identity, or that are operated by the same person or system to multiply entries, are not eligible.
We may set and publish additional eligibility rules for a given quest, such as a minimum X account age, before that quest opens.
We limit how many new wallets may register from one network in a day, and we flag accounts for review when the linked X account is very new or has almost no audience. A flagged account takes part normally; the flag only marks it for the fair play review described in section 7.
5. How quests are credited
Each quest states what it asks for, when it opens and closes, and how it is credited. Quests are credited in one of these ways:
- Open the link and claim. You open the linked action and claim once, after a short wait. This records that you opened the action. It does not verify that you completed it, and we do not present it as verification.
- Submit a link. You submit the URL of your own post. We may review a sample of submissions and reject anything that does not meet the stated rules.
- Submit in the Campaign Site. Your entry is stored, and we may review it and void the points afterwards under section 7.
- Onchain activity. If a later phase runs, quests may be credited from finalized events on Robinhood Chain, using rules, minimums and caps we publish before that phase opens.
Each quest can be credited once per eligible wallet. If you undo the underlying action later, for example by unfollowing or deleting a post, we may void the related points.
If a quest asks you to post publicly, say in the post that you are taking part in the BASKT Genesis campaign, for example by including #BASKTGenesis. Posts without that disclosure may not be credited.
6. Invites
Your invite link is personal. An invite counts once the invited wallet has registered with your link and linked its own X account, and that X account is at least 30 days old and has at least 20 followers at the moment it is linked. Invites that do not meet those rules stay visible in your list as pending and are not counted. Invite attribution is set once, when that participant first registers, and cannot be changed afterwards. You cannot invite yourself, and invites are one level only, so you are credited nothing for the people they go on to invite.
When someone who joined with your link completes a quest, you are credited 10% of that quest's base points. Their own points are not reduced by this.
Buying invites, paying third parties in cash or tokens to register, using bots, or sending your link as unsolicited bulk messages is not allowed and voids the related points.
7. Fair play
We may withhold, reduce, void or reverse points, and suspend or remove a participant, when we reasonably believe there has been automation, multiple identities controlled by one person, bought engagement, artificial or circular trading, manipulation of the campaign mechanics, breach of these terms, or a sanctions or legal restriction. We may ask for reasonable additional checks before crediting points.
We try to be fair and to explain our decisions when we can, but we do not publish our fraud-detection methods, because doing so would defeat them.
8. Your information
To take part we process your wallet address and the one-time challenge you sign with it, your X account identifier, handle, account creation date and public follower count, your Telegram account identifier if you link one, your invite relationships, your submissions, your points, the country your registration came from, the time you accepted these terms, and a participation status with an internal note explaining it. The Privacy Policy explains what is processed, by whom, for how long, and how to ask us to delete it.
9. Changes, pauses and the end of the campaign
The campaign is run at our discretion. We may change the quests, the point values, the schedule and these terms, and we may pause, shorten, extend or cancel the campaign, at any time. Changes apply from the moment they are published on the Campaign Site. If a change is significant we will say so publicly. Continuing to take part after a change means you accept it.
10. No offer and no advice
Nothing in the campaign is an offer to sell or a solicitation to buy any token, an investment, a financial product, or financial, legal or tax advice. Nothing here is a prediction or a promise about the price or value of anything. You are responsible for your own decisions and for your own taxes.
11. The Campaign Site is provided as is
The Campaign Site is provided "as is" and "as available", with no warranties of any kind. We do not promise that it will be uninterrupted, error free or secure, or that points will always be recorded without delay or error. To the fullest extent permitted by law, we are not liable for any indirect, incidental or consequential loss, or for any loss of profits, tokens, opportunity or data, arising from the campaign.
12. Third parties
The campaign uses X to verify who you are, Telegram if you choose to link it, and WalletConnect, operated by Reown, to relay a wallet connection that is not a browser extension. It runs on infrastructure operated by Cloudflare and Supabase, and uses Cloudflare Turnstile to check that a registration comes from a person. Their own terms and policies apply to your use of them. We are not responsible for their services, and an outage or a decision on their side may affect a quest.
13. Contact
Write to contact@onchainbaskt.com. We will update these terms to name the legal entity that runs the campaign once it is formed.
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