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Airdrop 3 Participation Terms
SHFL Token Distribution Program
Natural Nine B.V.
These Airdrop 3 Participation Terms (AD3 Terms) govern your participation in the Airdrop 3 token distribution programme operated by Natural Nine B.V. (NNBV, we, us). By participating in Airdrop 3, you agree to be bound by these AD3 Terms in addition to the Shuffle Terms of Service (Terms of Service) available at shuffle.com/info/terms.
1. Definitions
In these AD3 Terms, unless the context requires otherwise:
AD3 means the Airdrop 3 token distribution programme as described in these AD3 Terms.
Prohibited Jurisdictions has the meaning given in clause 7.3 of the Terms of Service, being Australia, the British Virgin Islands, the Cayman Islands, Curaçao, Cyprus, Germany, the Netherlands, Portugal, Singapore, Spain, the United Kingdom, the United States of America and any other jurisdiction from which use of the Services is not permitted under applicable laws or regulations, or where provision of the Services would require licensing or registration, or which is embargoed by the United States of America, the European Union or the United Kingdom.
SHFL means the SHFL token.
Stage 1 means the initial snapshot allocation of 20,000,000 SHFL to the top 50,000 eligible players, as described in clause 3.
Stage 2 means the weekly SHFL distribution of 70,000,000 SHFL over 51 weeks, as described in clause 4.
Wager-to-Vest means the mechanism by which locked SHFL tokens are unlocked progressively based on wagering activity, as described in clause 5.
2. Eligibility
To be eligible to participate in AD3, you must (at our absolute discretion):
hold an active Shuffle account in good standing;
not be located in or resident in a Prohibited Jurisdiction;
not be subject to any self-exclusion, permanent exclusion, gameplay restriction or account closure on the Shuffle platform;
meet the age and identity verification requirements of the Terms of Service; and
not be in breach of the Terms of Service.
For the purposes of these AD3 Terms, an account is in good standing if it is active, fully accessible, not subject to any pending compliance review, restriction, suspension or investigation, and the account holder is not in breach of the Terms of Service.
We may verify your eligibility at any time, including at the point of allocation (Stage 1), at the point of each weekly distribution (Stage 2) and at the point of claiming. If you are determined to be ineligible, we may withhold, revoke or claw back any SHFL allocated or distributed to you under AD3.
3. Stage 1: Snapshot Allocation
Stage 1 allocates 20,000,000 SHFL to the top 50,000 eligible players ranked by platform activity from 1 December 2024 to the snapshot date of 1 March 2026.
Allocations become visible in your dashboard on 4 March 2026. Unlocking begins on 7 March 2026, at which point 10% of your allocation becomes immediately available and the remaining 90% is subject to Wager-to-Vest.
Your Stage 1 allocation is determined by our algorithm in our sole discretion. We are not required to disclose the specific methodology or weighting applied.
4. Stage 2: Weekly SHFL Distribution
Stage 2 distributes 70,000,000 SHFL across 51 weekly periods. Each weekly period runs from Saturday 00:00 UTC to Friday 23:59 UTC.
The top 10,000 eligible players each week, ranked by leaderboard points, will receive SHFL. Each weekly distribution is independent and points do not carry over between weeks.
Leaderboard points are calculated using a weighted formula that takes into account wagered amount, house edge, game type, currency used and VIP rank. The specific formula and multipliers are published on the Airdrop 3 tokenomics page and may be updated from time to time at our discretion.
Weekly emissions begin at a higher rate and gradually decrease over the first 20 weeks before stabilising at 1,000,000 SHFL per week from Week 21 onwards. We reserve the right to adjust the emission schedule.
5. Token Unlocking and Wager-to-Vest
For both Stage 1 and Stage 2, 10% of allocated SHFL tokens unlock immediately upon allocation. The remaining 90% unlocks progressively through the Wager-to-Vest mechanism.
At the standard rate, every $20 USD wagered unlocks 1 SHFL. Completion of Level 2 identity verification halves this requirement to $10 USD wagered per SHFL. Level 2 verification does not increase your allocation.
Locked tokens do not expire. Unlocked tokens accumulate until claimed.
6. Claiming Tokens
Unlocked SHFL may be claimed through your token dashboard at any time. Claimed SHFL is credited to your Shuffle wallet.
We may suspend or restrict the claiming of SHFL if we reasonably believe your account is ineligible, subject to investigation, or in breach of the Terms of Service.
7. No Representations as to Value
SHFL tokens are distributed as a reward for platform activity. We make no representation or warranty, express or implied, regarding the value, price, liquidity, tradability or future performance of SHFL.
You acknowledge that SHFL may fluctuate in value and may have no value at all. You accept the risk of any loss arising from holding, using or disposing of SHFL.
Nothing in these AD3 Terms or in any AD3 promotional materials constitutes financial advice, investment advice or a recommendation to acquire, hold or dispose of SHFL.
8. Tax
You are solely responsible for determining and fulfilling any tax obligations arising from your participation in AD3, including any obligations relating to the receipt, unlocking, claiming, holding or disposal of SHFL tokens.
We are not responsible for providing tax advice and make no representations regarding the tax treatment of SHFL in any jurisdiction.
9. Modification, Suspension and Discontinuation
We reserve the right to modify, suspend or discontinue AD3 (in whole or in part) at any time and for any reason, including changes to the emission schedule, eligibility criteria, Wager-to-Vest rates, leaderboard methodology or any other aspect of AD3.
We will use reasonable efforts to notify participants of material changes, including by posting on X.com (@shufflecom) or through in-platform communications. Continued participation following any modification constitutes acceptance of the revised terms.
Without limiting the generality of this clause, we may terminate AD3 early if required by any applicable law, regulation, licence condition or regulatory direction.
10. Limitation of Liability
To the maximum extent permitted by law, NNBV, its directors, officers, employees, agents and affiliates will not be liable to you for any loss, damage, cost or expense (whether direct, indirect, consequential, special or otherwise) arising from or in connection with:
your participation in AD3;
any change in the value of SHFL;
any modification, suspension or discontinuation of AD3;
any delay, error or failure in the allocation, unlocking, distribution or claiming of SHFL; or
any tax liability arising from your participation in AD3.
In any event, our total aggregate liability to you in connection with AD3 will not exceed $100 USD.
11. Dispute Resolution and Governing Law
These AD3 Terms are governed by and construed in accordance with the laws of Curaçao.
The courts of Curaçao will have non-exclusive jurisdiction to settle any dispute arising from or in connection with these AD3 Terms.
You must bring any claim under these AD3 Terms in your individual capacity and not as a claimant in or member of any class action, collective action or representative proceeding.
12. General
These AD3 Terms, together with the Terms of Service, constitute the entire agreement between you and NNBV in relation to AD3.
If any provision of these AD3 Terms is found to be invalid or unenforceable, the remaining provisions will continue in full force and effect.
Our failure to enforce any provision of these AD3 Terms does not constitute a waiver of that provision or any other provision.
These AD3 Terms may be published in multiple languages. In the event of any discrepancy, the English language version prevails.
Last updated: 4 March 2026
