Silver Bitcoin RWA Giveaway
A tokenised silver-backed Bitcoin RWA prize distributed to 50 qualified wallets. The largest of the two RWA Giveaways by winner count, designed to reward a broad base of qualifying token holders.
Qualification. A wallet qualifies for the Silver Bitcoin RWA Giveaway if it holds at least the unified minimum balance of $RIBBIT in a self-custodial Solana wallet at the snapshot slot. The unified rule is the lower of (a) 100,000 $RIBBIT, or (b) the quantity of $RIBBIT equivalent to $50 USD at the prevailing market price at the snapshot slot — whichever is lower is the binding threshold. A wallet must meet or exceed that lower threshold to qualify. The snapshot slot is published no later than 24 hours before it is taken, except in the case of a launch-window cycle where the slot is announced at the moment of launch.
Hold-through-peaks-and-valleys. Qualification is not satisfied by a momentary spike above the threshold. A wallet must hold the qualifying $RIBBIT balance continuously through the peaks and valleys of market price action across the qualification window — it must not sell, transfer, or otherwise dispose of the qualifying balance in a manner that drops the held quantity below the binding threshold at any point between the published qualification start and the snapshot slot. Transfers in (topping up) are permitted; transfers out that breach the threshold are not.
Original-purchase-amount maintenance. In addition to the snapshot check, a qualifying wallet must maintain the original $RIBBIT purchase amount that first established eligibility. The original purchase amount is recorded at the first on-chain acquisition that meets or exceeds the binding threshold, and the wallet must not subsequently reduce its held balance below that original purchase amount at any point during the qualification window. Where a wallet acquires $RIBBIT across multiple transactions, the original purchase amount is the cumulative total of qualifying acquisitions up to the moment the threshold was first met. Both mechanisms — the snapshot check and the original-purchase-amount maintenance — apply together; breaching either disqualifies the wallet for the cycle.
Prize. Each of the 50 winners receives an equal share of a tokenised silver-backed Bitcoin RWA prize, transferred on-chain to the winning wallet. The approximate per-winner value is published in the giveaway announcement and is based on the market price of the prize asset at the time of announcement. The actual value at delivery may differ.
Selection. Winners are drawn by a verifiably random process from the pool of qualified wallets. The randomness source, the selection algorithm, and the full qualified-wallet list are published alongside the winner announcement so that any Participant can independently verify the fairness of the draw.
Claim. Winners must claim within 30 calendar days of the announcement by connecting the winning wallet, signing a proof-of-ownership message, and confirming acceptance of these Terms via the on-site contact form. Unclaimed prizes are forfeited and may be re-rolled or returned to the pool at OWP's discretion.
Restrictions. The prize asset may be a tokenised real-world asset subject to transfer restrictions imposed by the token issuer. Where a whitelist or KYC step is required to receive the prize, the winner must complete that step before the prize can be delivered. OWP provides issuer-specific instructions to each winner.
