Update: 29/05/2023 

1. What is this Affiliates Program about? 

These Affiliates Terms set out the terms and conditions under which we, Shares Digital Assets sp. z o.o., are offering to our Users being Belgian residents the opportunity to refer users, entitling them and their referred social media followers,, subject to eligibility criteria as further detailed below, to receive a reward in the form of Bitcoin (BTC) credited to their respective Crypto-accounts (the “Reward”) (the “Affiliates Program”). 

This Affiliates Program is only accessible to Users being Belgian residents that are eligible to refer users in accordance with these Affiliates Terms and have accepted these Affiliates Terms.

By accepting these Affiliates Terms, Affiliate and Referees expressly acknowledge and agree that they will not be concomitantly eligible to participate in any other referral or affiliate program implemented by Shares unless otherwise expressly stated. 

This Affiliates Program is available for an undefined period commencing on 29/05/2023 09:00 AM CET (the “Term”) as further detailed in these Affiliates Terms.

Please carefully read these Affiliates Terms including the eligibility criteria set out below. These Affiliates Terms are in addition to and should be read together with the terms and conditions of the Application including all Appendices thereto (as they may be amended from time to time, the “App T&Cs”) which are available on https://shares.io/pl/app-terms-and-conditions-en/ and the Crypto Account and Services Agreement including all Appendices thereto (as they may be amended from time to time, the “Crypto T&Cs”) which are available on https://shares.io/pl/crypto-terms-and-conditions-english/ and are each incorporated herein by reference. If there is any inconsistency between the App T&Cs, the Crypto T&Cs and these Affiliates Terms, these Affiliates Terms will apply. 

2. Definitions 

To help you more easily understand these Affiliates Terms, we have set out below the specific meaning of capitalised terms used throughout these Affiliates Terms:

“App T&Cs” - has the meaning given to such term in Section 1 above;

“Crypto T&Cs” - has the meaning given to such term in Section 1 above;

“Existing User” - has the meaning given to such term in Section 3 below;

“KYC” - has the meaning given to such term in Section 3 below;

“Term” - has the meaning given to such term in Section 1 above;

“Affiliates Program” - has the meaning given to such term in Section 1 above;

“Affiliates Terms” - refers to these terms and conditions, made available to the Referee and the Affiliate during the Term ; 

“Referee” - has the meaning given to such term in Section 3 below; 

“Affiliate” - has the meaning given to such term in Section 3 below;

“Reward” - has the meaning given to such term in Section 1 above; 

“Shares” or “we” - means Shares Digital Assets sp. z o.o., a private limited liability company incorporated under Polish law, having its registered office at ul. Mogilska 43, 31-545 Kraków, Poland, registered with the Register of Entrepreneurs of the National Court Register, maintained by District Court for Kraków-Śródmieście in Kraków, XI Division of the National Court Register, under the KRS number 0000978485.

If a capitalised term is used in these Affiliates Terms without being defined above, it shall have the meaning given to this term in the App T&Cs or Crypto T&Cs, as applicable.

3. Am I eligible for the Affiliates Program and what do I need to do to take part in the Affiliates Program and earn the Reward?

To be eligible to refer a friend as a Affiliate, you must be a Belgian resident and have successfully completed all Shares onboarding steps, including having approved the App T&Cs and the Crypto T&Cs and completed our “Know your Customer checks” (“KYC”) (an “Existing User”). 

To take part in the Affiliates Program as a Affiliate, you must: 

• accept the invitation to participate in the Affiliates Program sent by Shares via e-mail;
• accept these Affiliates Terms, and 
• share your referral link with social media followers who are Belgian residents and are not Existing Users at the time of sharing your referral link (each a “Referee”) during the Term. Your referral link is not specific to each Referee and can be reused to introduce multiple social media followers.

For each Referee having completed the steps listed in Section 4 below within the Term, you will be awarded a Reward that will consist of EUR 10 as further detailed below. If you or any of your Referees do not, or if you or they only partially meet a criterion provided for in these Affiliates Terms during the Term, you will not receive a Reward. You will not receive any Reward if you are no longer an Existing User on the Reward(s) grant date as provided below.

Your Reward will be credited each month, when applicable, on your Crypto-account for all Referees having completed the steps listed in Section 4 below during the previous month.

Your referral link will automatically be rendered invalid if you cease to be an Existing User during the Term. 

Referral links are for social media followers of the Affiliate only. The Affiliate is encouraged to promote the App on their networks on social media. The Affiliate shall not share the referral link externally to people outside their network. They should not send the referral link out en masse.

The Affiliate shall not make available the referral link on any internet website on which Shares promotes the App and/or in any other manner which results in the Affiliate competing with Shares in relation to the promotion of the App. In addition, the Affiliate shall not carry out search engine marketing of the App using the word "Shares". In the event that the Affiliate is in breach of the foregoing provisions, Shares reserves the right to immediately terminate their participation in the Affiliates Program pursuant to the terms specified in section 5 below.

Shares reserve the right to inspect or otherwise monitor the Affiliate publications at any time to determine whether the Affiliate is following our Community Guidelines available on https://shares.io/pl/community-guidelines/ and their posts are in compliance with these Affiliates Terms.

The Affiliate undertakes to make their best efforts to provide any information and cooperation needed by Shares regarding any copyright, trademark, branding and/or domain name that appears in the Affiliate's publications. The Affiliate can use Shares' trademark only for the promotion purposes under the Affiliates Terms.

The Affiliate shall bear all costs and expenses incurred in connection with its marketing activity, including advertising if applicable as well as all other related operational costs.

The Affiliate shall be responsible and liable for obtaining and maintaining of, as well as for compliance with, any and all applicable laws and regulations as may be necessary for the Affiliate’s performance of its undertakings under these Affiliates Terms including but not limited to the marketing rules applicable to the user of Shares’ brand and name, as applicable in Poland. Shares shall under no circumstances be held liable for and the Affiliate shall indemnify Shares against any and all claims asserted against Shares by reason of the Affiliate’s publications, activities and efforts.

Shares does not assume any responsibility towards the Affiliate and/or any third party acting on information contained in the Affiliate's publications. 

4. What does the Referee need to do so that you can both earn a Reward?

To earn a Reward in respect of a given Referee, such Referee must be a Belgian resident and must have completed the following steps within the Term:

• using their mobile device clicked on the referral link received on your behalf; 
• downloaded Shares application to the same mobile device they have clicked on the referral link from;
• successfully completed all Shares onboarding steps, including having approved the App T&Cs and Crypto T&Cs and completed our KYC; and
• completed buy Order(s) on the App for a minimum aggregate amount of EUR 50 or more (including the amount of any Transaction Fees).

Each of your Referees having completed the above steps within the Term will receive a Reward that will consist of EUR 5 worth of Bitcoin (BTC) as further detailed below. If you or any of your Referees do not, or if you or they only partially meet a criterion provided for in these Affiliates Terms during the Term, they will not receive a Reward. Your Referee(s) will not receive any Reward if they are no longer an Existing User on the Reward(s) payment date as provided below.

Each Referee’s Reward will be made available on its Crypto-Account within 30 calendar days of such Referee having completed the steps listed above.

The euro (€) value of a given Reward will be credited to the e-money Account of a Referee, as applicable, and a buy Order will automatically be submitted in the name of the Referee, as applicable, to acquire Bitcoin (BTC) for the relevant Reward’s net euro (€) value. Upon completion of the buy Order in accordance with the Crypto T&Cs, the Referee’s Crypto-account, as applicable, will be credited with Bitcoin (BTC). Transaction Fees will apply to this Transaction.

By participating in this Affiliates Program, each of the Referees expressly and irrevocably instruct Shares to submit buy Orders in their respective names and on their behalf for the purchase of Bitcoin for a value equal to the Reward euro (€) equivalent as at the time such buy Order is made. 

Due to the inherent nature of a moving market, the value of Bitcoin (BTC) can change, sometimes rapidly and significantly. Shares can therefore not guarantee the quantity of Bitcoin that will be received by the Referee.

If the Referee sold the Reward on the App within 30 days of its receipt, the proceeds of such sale may not be withdrawn from the User’s e-money Account until the expiration of such 30 days period but may be used immediately to invest on the App. 

5. What other terms and legal information should I know?

Shares does not offer investment advice and Users should make their own decisions on Investments or seek independent advice from a professional adviser. Nothing in these Affiliates Terms represents a recommendation to buy, sell, or hold any particular digital asset.

Any tax implications will depend on the Affiliate/Referee’s personal circumstances. If unsure about any tax implications, seeking advice from a tax professional is recommended.

The purpose of this Affiliates Program is to introduce Shares to new users that wish to actively use the services provided by Shares. If we identify any fraud or abusive behaviour aimed to take advantage of this Affiliates Program contrary to its purpose, we may in our sole discretion take any actions we see fit in the circumstances, including disqualifying any Existing Users from participating in the Affiliate Program, revoking and removing a Reward made available or terminating a User Account.

For example, abusive behaviour is considered to be (but is not limited to):

• sending out mass referral links to Referees who subsequently all make their buy Orders to comply with the criteria for the Reward, and then immediately sell their positions to withdraw their funds; or
• not complying with section 4, especially the Community Guidelines. 

Shares reserves the right to alter, amend, extend, terminate or foreclose this Affiliates Program at any time without prior notice for any User. We will notify you about any changes to the Affiliates Program and/or its conditions by updating these Affiliates Terms.

By agreeing to these Affiliates Terms you agree to receive further marketing communication via email about any future promotions we may offer. You may opt out of or unsubscribe from these emails at any time.  

By forwarding the referral link and participating in this Affiliates Program you are consenting to the use of a pseudonymised ID to identify you as the Affiliate of your Referees. We handle personal data in accordance with applicable data protection laws and in line with the Shares' privacy policy. This policy should be read and understood in conjunction with these Affiliates Terms.

If you have any questions about this Affiliates Program or these Affiliates Terms please contact our customer service team via the in App chat function or via email at support-team@shares.io 

These Affiliates Terms  are governed and construed in accordance with the law of the Republic of Poland. The common courts of the Republic of Poland shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this Affiliates Program. 

We will not be liable to you for any action or inaction we take pursuant to applicable law and regulation.