1. What ZOLK is
ZOLK is an NFT project on Zcash. This site is where members earn their place for the mint: you charge energy, explore the forest, open chests and may find a whitelist card. Each account also has a Zcash (ZEC) wallet for receiving, sending and withdrawing ZEC.
2. Your account
Your account is your X identity plus a 24-word recovery phrase. We keep only a hash of the phrase and cannot recover it for you. If you lose both the X account and the phrase, you lose the account, its cards and its balance. You are responsible for keeping them safe and for everything done with them.
One account per person. Membership is by access code. Accounts may be turned away if the X account behind them is very new or has very few followers. Codes are personal: selling them, or using bots, scripts or several accounts to play, may get every account involved disabled and its cards revoked.
3. The forest, energy and chests
Energy is earned in the app and spent to open chests; there is a daily limit. What a chest holds is decided by the server when it is opened. The number of chests, what they may contain, the odds, the rewards and the limits are set by ZOLK and may change at any time, including during an event. Bonus energy for tasks on X is paid once per task; we may check on X that a task was done, and refuse or reverse rewards for tasks that were not.
4. Whitelist cards
A whitelist card is a record in ZOLK that your account has a place on the whitelist for the ZOLK mint. It is not an NFT, not a token and not property. It cannot be sold or transferred, there is one per person, and it can be revoked if it was obtained against these terms. A card does not promise a mint price, date, quantity or that a mint will take place; the details of the mint will be announced separately and may change. Each card, and each day's ZOLK totals, are written to the Zcash chain under a hashed owner tag so that anyone can verify the record (see the transparency page); that record is public and cannot be withdrawn.
5. The ZOLK token and invites
ZOLK is the project's token. Until Zcash activates shielded assets it is held as a balance on this site, anchored on the Zcash chain daily by its root, and it is intended to be issued as a Zcash Shielded Asset once that is possible. Until then it has no monetary value, cannot be exchanged for ZEC or anything else unless ZOLK announces otherwise, and may be adjusted. Nothing here promises a price, a date, or that issuance will take place. Invite codes found in chests are for you to give away, not to sell.
6. The wallet and custody
ZEC you receive is held in custody by ZOLK until you withdraw it. Sends to other members happen inside ZOLK; withdrawals to a Zcash address go out on the Zcash network and cannot be reversed, so check every address before you confirm. Withdrawals above the threshold shown in the app are checked by an operator first, and we may pause withdrawals while investigating a problem without affecting your balance. Fees are shown before you confirm and may change.
7. Acceptable use
No use of the service to launder funds, to defraud others, or from a jurisdiction where it is not permitted. We may suspend accounts that break these terms and may withhold funds where the law requires it.
8. No warranty, no advice
The service is provided as is, without any guarantee that it will be available or free of errors. Nothing on ZOLK is financial or investment advice, and nothing here is an offer to sell anything. Taking part is at your own risk, and you are responsible for any taxes that apply to you.
9. Changes
We may change these terms. The date at the top shows the latest version; continuing to use ZOLK after a change means you accept it.