> For the complete documentation index, see [llms.txt](https://docs.win.investments/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.win.investments/win-investments-en/legal-terms/terms-and-conditions/x-athletes-program.md). # X-Athletes Program ## Terms and Conditions of the X-Athletes Program By acquiring tokens of an athlete affiliated with the X-Athlete Program, the user declares that they have read, understood, and accepted these Terms and Conditions (the **“X-Athlete T\&C”**). These X-Athlete T\&C are specific to the X-Athletes product line and supplement WIN’s General Terms and Conditions (the **“General T\&C”**), which the user declares to know and accept. The X-Athletes T\&C govern exclusively the aspects specific to this product; anything not provided for in them is governed by the General T\&C. In the event of a conflict between the two with respect to the X-Athletes product, the X-Athletes T\&C prevail. The token of each athlete included in the X-Athletes program also has its own terms and conditions (the **“Athlete T\&C”**), which govern the particularities of that athlete’s token. In the event of a conflict, the Athlete T\&C prevail over the X-Athletes T\&C with respect to the athlete in question. The order of precedence is therefore: (i) the Athlete T\&C; (ii) the X-Athletes T\&C; and (iii) the General T\&C. ### 1. What is the X-Athletes Program? The X-Athletes Program is WIN’s product line that connects fans directly with an athlete’s career. It is not merchandising, it is not a traditional fan club: it is real access to their world, their community, and their sporting journey. Each athlete included in the program has a fan base to whom they wish to offer top-tier experiences, exclusive content, merchandising, and other utilities, consistent with their professional career and sporting category (the **“Experiences”**). Within this framework, WIN issues and markets, for each athlete, a utility token (the **“Athlete Token”**) that allows its purchasers to access the Experiences committed to by the athlete by redeeming the token, in accordance with the catalog and the conditions detailed in the Athlete T\&C. Each athlete will have their own universe within the platform, with tailor-made experiences, exclusive content, and unique opportunities. The idea is simple: you join the athlete’s world and unlock benefits designed for you as a fan. ### 2. How does it work? The process is as follows: * You acquire the athlete’s tokens. * The tokens entitle you to access certain Experiences according to the athlete’s catalog. * You redeem your tokens for the available Experiences directly from the WIN platform. * You enjoy exclusive access to the Experiences you have acquired. {% hint style="info" %} **Important:** each experience has its own redemption conditions, quotas, and validity period. Review the specific rules before redeeming your token. {% endhint %} ### 3. Who can participate? You can participate if: * You have a registered and active WIN account (). * You accept these X-Athlete T\&C and the Athlete T\&C. * You are over 18 years of age. * You complete identity verification (KYC) when the system requests it. The following may not participate: * Employees, executives, or representatives of WIN, or their immediate family members. * Employees, executives, or representatives of the athlete in question, or their immediate family members, with respect to their participation in that same athlete’s Experiences. * Residents of certain jurisdictions whose participation is restricted. * Persons included on international sanctions lists. WIN may suspend or exclude your participation if you do not pass the identity checks or if there are legal restrictions in your country. ### 4. Presale If you acquire X-Athletes tokens during the Presale, the following terms and conditions will apply: * The token Presale takes place before the WIN platform enables the effective redemption of Experiences. * Token purchasers during the Presale will receive a SAFT (Simple Agreement for Future Tokens) instrumenting the promise of future delivery of the tokens once the platform is operational and the Experiences are available for access. * Tokens acquired through a SAFT will be credited to the buyer’s user profile at the time of the operational launch of the platform. * **Presale in “Test Run” Mode:** the Presale in Test Run mode is a pilot phase prior to the launch of the Presale. * The acquisition of tokens during a Presale in this mode will be conditional upon the program of the athlete in question being confirmed. * The funds raised during the Presale in Test Run Mode will remain in custody by WIN. * If, upon expiry of the Presale in Test Run Mode term, the athlete’s program is effectively confirmed, the purchaser’s right to the future delivery of tokens will be perfected once the platform is operational and the Experiences are available for access. * If, upon expiry of the Presale in Test Run Mode term, the athlete’s program is not confirmed, the funds contributed by the purchaser will be refunded to them at their nominal value. ### 5. Tokens: what are they? X-Athletes tokens are utility tokens that grant their holder the right to access certain experiences provided by the athlete, redeemable through the WIN platform. It is important that you understand what they are and what they are not: ✅ The tokens are used to redeem exclusive experiences from the athlete’s catalog within the platform. ✅ They give access to content, sessions, meetups, and other benefits defined for each athlete. ❌ The tokens are NOT money, cryptocurrencies, or financial or investment assets. ❌ They do not guarantee any economic profitability or financial return. ❌ They are not redeemable for cash and do not constitute a right of collection against WIN. ❌ They do not grant any participation, ownership, or right over the capital, income, profits, or assets of WIN or the athlete. ❌ The value of the token lies in enabling its use within the ecosystem and access to Experiences, and not in a reasonable expectation of appreciation. WIN may adjust, withhold, or revoke tokens if it detects irregularities or for technical or security reasons. These decisions are final. The transfer of tokens between users or their trading on a secondary market is currently not available. ### 6. Catalog of experiences Each X-Athlete defines their own catalog of experiences. The available experiences may include, among others: #### A. Virtual Experiences * **Individual virtual Meet & Greet:** one-on-one session of up to 15 (fifteen) minutes with the athlete, with a limited quota and frequency to be defined. * **AMA (Ask Me Anything):** live group space where a limited group of fans can ask the athlete questions. Approximate quota: 20 (twenty) people per session, monthly frequency. * **Live training sessions:** open broadcast of training or simulator sessions, on platforms such as Twitch or Kick. #### B. Exclusive membership Some athletes may offer an annual membership with additional benefits, which may include: * Exclusive behind-the-scenes content (pre- and post-sporting event). * AMAs (Ask Me Anything) and Q\&As (Questions and Answers) reserved for members only, with a frequency of between 2 (two) and 6 (six) sessions per year. * Priority access to new experiences and premium opportunities. #### C. Complementary Experiences * **Race Simulator / competitive virtual experience:** live competition against the athlete, with open streaming. * **Exclusive merchandising:** limited-edition items linked to the athlete’s sporting activity (used, signed, or collectible items). * **Personalized video:** short video recorded by the athlete, personalized for the recipient indicated by the buyer (up to 30 (thirty) seconds). * **In-person Meet & Greet:** exclusive dinner or event with a limited quota (between 5 (five) and 20 (twenty) people), initial annual frequency. * **Race Day / in-person day:** day shared with the athlete at a track or racing circuit, with activities linked to the athlete’s sporting activity (quota between 5 (five) and 20 (twenty) people). The parameters of each Experience (quotas, frequency, platform, location, etc.) are subject to final confirmation and will be published on the platform sufficiently in advance. ### 7. Redemption of experiences To redeem an experience: * Log in to the platform with your active WIN account. * Select the experience you want to redeem within the athlete’s catalog. * Confirm the redemption within the period and conditions indicated for that experience. * Once confirmed, you will receive the information needed to access it. {% hint style="info" %} **Important:** Tokens do not have an expiration date. However, once redeemed for an experience, the Tokens are definitively consumed, and the experience may be subject to a validity period or specific conditions of use. If the user does not use the Experience within the applicable period or does not comply with the conditions to access it, they will lose the right to enjoy it, without compensation, refund, or restitution of the tokens used. {% endhint %} ### 8. Prohibited conduct WIN seeks to ensure that participation is fair. The following practices are prohibited and may result in the cancellation of access and the loss of the benefits acquired: * Impersonating other people. * Reselling or transferring Tokens or Experiences without WIN’s express authorization. * Any other practice that distorts the normal operation of the program or harms other users, WIN, or the athlete. ### 9. Your data and communications The processing of your personal data is governed by WIN’s Privacy Policy and by the provisions of the General T\&C. The following describes only the uses specific to the X-Athletes product: WIN uses your data solely to: * Administer your participation and the redemption of Experiences. * Verify that you meet the requirements (identity, anti-fraud, etc.). * Send you operational notifications (confirmations, changes, access). You may also receive marketing communications at the email address you registered with. You can unsubscribe at any time from the email itself or from the app settings, without this affecting your participation. ### 10. Changes and cancellations WIN may modify, suspend, or cancel Experiences or these X-Athlete T\&C for technical, operational, commercial, security, or legal reasons. If an Experience is cancelled, WIN will communicate it on its website and will assess alternatives for the affected users. If an athlete’s program is discontinued before the Token is issued, WIN will refund the purchasers the funds contributed at nominal value. If an athlete’s program is discontinued once the Token has already been issued, WIN will assess the alternatives available for users who hold active tokens, which may include the redemption of pending experiences, the extension of deadlines, or, where applicable, compensation for unused tokens. The specific conditions will be communicated in due course according to the circumstances of the case. WIN’s decisions regarding the interpretation of rules, disqualifications, and compensation for discontinued programs are final. If you have questions, you can contact the Customer Support team. ### 11. Limitations of liability WIN is not responsible for: * Failures of third-party devices or applications. * Cancellations or modifications to the athlete’s schedule for reasons attributable to the athlete or due to force majeure (injuries, sporting commitments, etc.). * Force majeure events (natural disasters, crises, etc.). To the extent permitted by applicable law, and without prejudice to the limitations of liability set out in the General T\&C, WIN’s total liability to the user for any claim related to the X-Athletes product shall not exceed the amount actually paid by that user for the Tokens subject to the claim. Any dispute is governed by the laws of the Republic of Panama and is resolved through binding arbitration in that country. **Important notice** Before participating, please note: * X-Athletes is a program for access to experiences, not an investment product. * The tokens are utility tokens: they grant access rights, not speculative economic value. * Nothing provided for herein constitutes financial advice or a promise of return. * All users must strictly comply with these X-Athlete T\&C and the Athlete T\&C. Non-compliance may result in the suspension of the account and/or the cancellation of access to the Experiences. * WIN reserves the right to adjust, at any time, the experiences, mechanics, deadlines, and conditions for operational, technical, or commercial reasons. * WIN reserves the right to modify these X-Athlete T\&C at any time. Changes will be published on the website with reasonable advance notice. * WIN reserves the right of final interpretation of each Experience and of these X-Athlete T\&C and the Athlete T\&C.