Airdrop Terms & Conditions

CANOPY NETWORK CORP.

Last Revised: August 13, 2026

BY PARTICIPATING IN THE CLAIMS PROCESS, INCLUDING BY CONNECTING A WALLET TO THE CLAIMS PORTAL OR INITIATING A CLAIM TRANSACTION, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREED TO THESE AIRDROP TERMS IN THEIR ENTIRETY. PARTICIPATION IS ENTIRELY AT YOUR OWN RISK, AND IT IS YOUR SOLE RESPONSIBILITY TO OBTAIN INDEPENDENT PROFESSIONAL, LEGAL, AND TAX ADVICE BEFORE YOU PARTICIPATE. IN NO EVENT WILL THE FOUNDATION BE LIABLE FOR ANY CLAIMS, LOSSES, DAMAGES, OR OTHER LIABILITIES ARISING OUT OF OR IN CONNECTION WITH THE AIRDROP OR YOUR RECEIPT OF ANY TOKENS.

SECTION 10 OF THESE AIRDROP TERMS CONTAINS A BINDING ARBITRATION CLAUSE AND A CLASS ACTION WAIVER SEATED IN THE REPUBLIC OF PANAMA. PLEASE REVIEW IT CAREFULLY — IT AFFECTS YOUR LEGAL RIGHTS.

These Airdrop Terms are issued by Canopy Network Corp., a corporation organized and existing under the laws of the Republic of Panama a Sociedad Anónima under Panama’s Law 32 of 1927 (the "Foundation," "we," "us," or "our"). These Airdrop Terms supplement and are incorporated into the Foundation’s general Terms of Service ("General Terms"). Capitalized terms not defined here have the meaning given in the General Terms. If there is a conflict between these Airdrop Terms and the General Terms, these Airdrop Terms control with respect to the Airdrop.

Nothing in these Airdrop Terms, on our website, or in any related communication constitutes legal, financial, tax, or investment advice. You should consult your own independent advisors before participating.

1. Eligibility

1.1 Sole discretion. Eligibility for the Airdrop and the amount of Tokens (if any) allocated to any address or person is determined solely by the Foundation, using criteria the Foundation selects in its sole discretion. The Foundation has no obligation to disclose its eligibility criteria, weighting methodology, or allocation formula, before, during, or after the Airdrop, and different participants may receive different treatment or allocations for reasons the Foundation is not obligated to explain.

1.2 Age and capacity. To participate, you must (a) be at least 18 years old or the age of legal majority in your jurisdiction, whichever is older, and (b) have the full legal right, authority, and capacity to enter into these Airdrop Terms.

1.3 Acting on behalf of an entity. If you are participating on behalf of a company or other organization, you are agreeing to these Airdrop Terms for that entity and confirming that you have full authority to bind that entity. In that case, "you" and "your" refer to that entity.

1.4 No obligation to distribute. Nothing in these Airdrop Terms, any marketing material, or any prior communication creates a promise, right, or entitlement to receive any Tokens. The Foundation may cancel, delay, modify, or limit the Airdrop, in whole or in part, at any time and for any reason, including before any Tokens are claimed.

1.5 Disqualification. The Foundation may deny, revoke, or claw back eligibility, at any time and without notice, for any participant, address, or claim that it believes, in its sole discretion:

• was obtained through fraud, Sybil attack, wash trading, exploit, bot activity, or other manipulation;
• involves multiple accounts or addresses used to obscure identity or increase allocation;
• violates these Airdrop Terms, the General Terms, or applicable law; or
• otherwise involves conduct the Foundation considers harmful, unlawful, inappropriate, or unacceptable, including without limitation the use of automation, market manipulation, or falsified verification information.

Disqualification may result in the forfeiture of any unclaimed Tokens and the permanent exclusion of the affected wallet from any future distribution.

2. Representations and Warranties

By participating in the Airdrop, you represent and warrant that:

2.1 Accuracy. All information you provide to the Foundation (including wallet addresses and any screening information) is true, accurate, and complete.

2.2 Lawful participation. Your participation in the Airdrop is lawful under the laws of your jurisdiction of residence, citizenship, and the jurisdiction from which you are accessing the Airdrop, and you are solely responsible for confirming this before participating.

2.3 Not a Prohibited Person. You are not, and are not acting on behalf of, a person or entity that is:

• named on any sanctions or watch list maintained by the U.S. Treasury’s Office of Foreign Assets Control (OFAC), the U.S. Department of State, the U.S. Department of Commerce, the United Nations Security Council, the EU, HM Treasury/OFSI, the Republic of Panama, or any other applicable sanctions authority ("Sanctions Lists"); or
• ordinarily resident in, incorporated in, or accessing the Airdrop from, a country or territory that is the subject of comprehensive sanctions or that the Foundation designates as a "Prohibited Jurisdiction" (see Section 3).

2.4 No circumvention. You will not use a VPN, proxy, mixer, falsified verification information, or similar tool to obscure your location or identity, or otherwise attempt to circumvent any geoblocking, screening, or eligibility control. Attempting to do so may result in permanent disqualification and forfeiture of any Tokens, at the Foundation’s discretion.

2.5 Gratuitous transfer. You acknowledge that, to the extent you receive any Tokens, they are provided without any payment or consideration from you (other than applicable gas or network fees), and the Airdrop is not, and should not be understood as, an investment, a sale of securities, or consideration for any past or future service.

You have not been promised any Tokens, have not relied on any third-party points system, leaderboard, dashboard, or projection in deciding to participate, and have no claim or expectation based on any third-party publication, social-media post, or service-provider statement.

2.6 Sophistication and risk acknowledgment. You have sufficient understanding of blockchain technology, digital assets, and the specific Token being distributed to assess the risks of participation, including the risks described in Section 8, and you are participating at your own risk.

3. Sanctions, Screening, and Prohibited Jurisdictions

3.1 Prohibited Jurisdictions. The Foundation may restrict Airdrop access from jurisdictions subject to comprehensive sanctions or embargoes, including Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions of Ukraine, and any other jurisdiction the Foundation designates from time to time as high-risk, in its sole discretion.

3.2 Screening. The Foundation may use a third-party blockchain analytics or compliance provider to screen wallet addresses, IP addresses, devices, and other information against Sanctions Lists and risk indicators. The Foundation may deny or revoke access based solely on the output of such screening, without further explanation.

3.3 Agreement to screening. By participating, you agree that your wallet address, IP address, device, and any verification information you provide may be screened on an ongoing basis, and that you may be excluded if you trigger any risk criteria the Foundation applies. The Foundation may add, remove, or modify Prohibited Jurisdictions in its sole discretion, without notice.

3.4 No liability for screening decisions. The Foundation is not liable for any losses, delays, or Token forfeiture resulting from screening decisions, false positives, or inaccurate or incomplete information you provide.

4. Claim Mechanics and Forfeiture

4.1 Claim period. The Foundation will announce the mechanism, window, and instructions for claiming Tokens ("Claim Period") via https://app.canopynetwork.org/claim. Participation outside the stated Claim Period, or failure to follow the stated claim instructions, may result in forfeiture of any allocation.

4.2 Only official channels. The only official website for claiming the Airdrop is https://app.canopynetwork.org/claim. Any other website, channel, wallet-connect prompt, or interface that purports to facilitate claims is not authorized by the Foundation. The Foundation is not responsible for losses resulting from use of any other website, application, or communication purporting to relate to the Airdrop.

4.3 Wallets and private keys. You are solely responsible for the wallet you use to claim and hold Tokens, including safeguarding your private keys and seed phrase. The Foundation does not control, custody, or have access to your wallet or private keys, cannot recover lost keys, and is not responsible for losses resulting from compromised, lost, or misused credentials.

4.4 Wallet ownership. You confirm that you legally own and exclusively control the wallet you use to claim Tokens, and that you have not transferred and will not transfer control of that wallet, its keys, or any Tokens to another person for the purpose of (a) transferring Tokens to a person who would otherwise be ineligible to participate, or (b) evading these Airdrop Terms or any applicable law.

4.5 No recourse for technical failure. You acknowledge that claiming may be affected by smart contract bugs, network congestion, gas costs, wallet incompatibility, or other technical issues outside the Foundation’s control, and you agree that the Foundation has no liability and you will have no recourse for any Tokens you are unable to claim for these or other reasons.

4.6 Forfeiture. Unclaimed Tokens after the close of the Claim Period, and Tokens allocated to disqualified participants, may be forfeited, reallocated, burned, or otherwise dealt with at the Foundation’s sole discretion.

5. Taxes

You are solely responsible for determining and paying any taxes applicable to your receipt, holding, or disposition of Tokens, in every jurisdiction where such taxes may apply. The Foundation does not provide tax advice and makes no representation about the tax treatment of the Airdrop. You should consult an independent tax advisor.

6. Disclaimers

6.1 As-is basis. THE AIRDROP AND ANY RELATED WEBSITE, INTERFACE, OR SERVICE ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, ACCURACY, UNINTERRUPTED ACCESS, SECURITY, AND FREEDOM FROM DEFECT, ERROR, OR HARMFUL COMPONENT.

6.2 No professional advice. Information provided by the Foundation about the Airdrop is for general informational purposes only and is not legal, tax, financial, or investment advice. You should not rely on it as a basis for any decision without consulting your own independent, licensed advisors.

6.3 No fiduciary duty. These Airdrop Terms do not create any fiduciary, advisory, or other special relationship between you and the Foundation. To the fullest extent permitted by law, the Foundation disclaims any fiduciary duty to you.

6.4 No guarantee of value or utility. The Foundation does not guarantee any market value, rights, dividends, profits, fees, revenue share, or future functionality with respect to the Tokens. The Tokens are not, and are not intended to be, an investment, a security, a derivative, or a regulated financial instrument under the laws of any jurisdiction, and no statement made in connection with the Airdrop should be construed as an offer to sell, or a solicitation of an offer to buy, any security.

7. Prohibited Activities

The following activities are strictly prohibited in connection with the Airdrop and any related claim portal:

• violating any applicable law, regulation, or order, including financial-services, securities, anti-money-laundering, counter-terrorist-financing, sanctions, tax, consumer-protection, privacy, or intellectual-property laws;
• hiding, falsifying, or omitting your identity, residence, or beneficial ownership, or using proxies, VPNs, mixers, or false verification information for any purpose;
• introducing or attempting to introduce any virus, malware, exploit, or other harmful code, or otherwise attempting to disrupt, degrade, or interfere with the claim portal or any underlying smart contract or blockchain network;
• using bots, scrapers, headless browsers, or other automated tools to access, monitor, or copy the claim portal, except as expressly permitted in writing;
• engaging in fraud, market manipulation, wash trading, Sybil activity, or coordinated activity designed to game or distort the Airdrop; and
• encouraging, instructing, or assisting any other person to engage in any of the foregoing.

The Foundation may investigate any suspected violation of this Section 7 and may report it to law-enforcement or other governmental, regulatory, or self-regulatory authorities.

8. Limitation of Liability and Release

TO THE FULLEST EXTENT PERMITTED BY LAW, THE FOUNDATION AND ITS OFFICERS, DIRECTORS, EMPLOYEES, CONTRACTORS, AND AFFILIATES WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR LOSS OF PROFITS, GOODWILL, DATA, OR OTHER INTANGIBLE LOSSES, ARISING FROM OR RELATED TO THE AIRDROP, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN JURISDICTIONS THAT DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN DAMAGES, THE FOUNDATION’S LIABILITY WILL BE LIMITED TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW. NOTHING IN THIS SECTION EXCLUDES OR LIMITS LIABILITY FOR FRAUD, GROSS NEGLIGENCE, OR WILLFUL MISCONDUCT TO THE EXTENT SUCH EXCLUSION IS PROHIBITED BY APPLICABLE LAW.

Release. To the fullest extent permitted by applicable law, you irrevocably waive, release, and discharge the Foundation, its affiliates, and their respective directors, officers, employees, agents, advisors, contractors, and service providers from any and all claims, demands, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees), whether known or unknown, that arise out of or relate to your participation in the Airdrop, your use of any claim portal, or your receipt or non-receipt of any Tokens.

9. Risk Factors

Participation in the Airdrop involves significant risk, including but not limited to:

9.1 Blockchain and network risk: the legal and regulatory treatment of digital assets, including whether the Token could be deemed a security or otherwise regulated instrument, is evolving and varies by jurisdiction and may change after distribution. Public blockchain networks are experimental, decentralized, and outside the Foundation’s control; forks, reorganizations, congestion, downtime, attacks (including 51% attacks), and protocol upgrades can adversely affect your ability to claim or transfer Tokens.

9.2 Market risk: Tokens may have no liquid market, may be highly volatile, and may lose some or all value. Any market that develops may be thin, manipulated, or subject to trading halts, delistings, or regulatory restrictions.

9.3 Technical risk: smart contracts, claim infrastructure, and underlying blockchain networks may contain bugs, be subject to exploits, or otherwise fail.

9.4 Custody risk: loss of private keys or wallet compromise can result in permanent loss of Tokens, with no recourse against the Foundation.

9.5 Sanctions/legal risk: you are solely responsible for determining whether your participation is lawful in your jurisdiction.

9.6 Scams and fraud. Fake tokens, fake claim portals, phishing websites, fraudulent social-media accounts, and impostor smart contracts are common. The only official claim interface is the one identified in Section 4.2, and the only official smart contracts are those addresses the Foundation publishes there. The Foundation is not responsible for losses arising from your interaction with fraudulent sites, addresses, or persons.

9.7 Cybersecurity risk. Hacks, exploits, key compromises, smart-contract bugs, oracle failures, bridge failures, and other security incidents could result in the loss of some or all of your Tokens. The Foundation cannot guarantee the security of any wallet, smart contract, or network infrastructure.

This is not an exhaustive list. You should not participate unless you understand and accept these risks.

10. Indemnification

To the fullest extent permitted by law, you agree to defend, indemnify, and hold harmless the Foundation and its officers, directors, employees, contractors, and affiliates from any claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of or related to (a) your participation in the Airdrop, (b) your breach of these Airdrop Terms, or (c) your violation of any law or third-party right. The Foundation may, at its option, assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which case you agree to cooperate fully with that defense; you may not settle any such claim without the Foundation’s prior written consent. Your obligations under this Section survive termination of these Airdrop Terms.

11. Intellectual Property Rights

The Foundation and its licensors own and retain all right, title, and interest in and to any claim portal, the Canopy protocol, all related software, documentation, designs, trademarks, service marks, logos, trade dress, copyrightable works, and other content, and all intellectual property and proprietary rights therein (collectively, "Foundation IP"). Your receipt of Tokens and your participation in the Airdrop do not transfer to you any ownership, license, or other right in the Foundation IP, except for any limited rights expressly granted in these Airdrop Terms or the General Terms. You may not copy, reproduce, modify, distribute, or create derivative works of the Foundation IP without prior written consent, except as expressly permitted by applicable law.

12. Privacy and Data Protection

The Foundation collects and processes personal information in connection with eligibility verification, risk screening, and Token distribution, in accordance with applicable privacy laws and its Privacy Policy available at https://canopynetwork.foundation/privacy-policy, which is incorporated by reference. By participating in the Airdrop, you consent to the collection, use, and disclosure of your personal information as described in the Privacy Policy and these Airdrop Terms, including sharing with sanctions-screening and blockchain-analytics service providers for the purposes set out here.

13. Governing Law and Dispute Resolution

13.1 Governing law. These Airdrop Terms, and any dispute, controversy, or claim arising out of or relating to these Airdrop Terms, the Airdrop, or the Tokens (a "Dispute"), are governed by, and construed in accordance with, the laws of the Republic of Panama, without giving effect to any conflict-of-laws principles that would require application of the laws of any other jurisdiction.

13.2 Binding arbitration. Any Dispute that the parties are unable to resolve informally within thirty (30) days of written notice will be referred to, and finally resolved by, binding arbitration administered by the Centro de Conciliación y Arbitraje de Panamá (CeCAP) of the Panama Chamber of Commerce, Industry and Agriculture, in accordance with its rules then in force. The seat of arbitration will be Panama City, Republic of Panama. The arbitration will be conducted by a single arbitrator, and the language of the arbitration will be English. The award will be final, binding, and enforceable in any court of competent jurisdiction. Either party may seek interim or injunctive relief from a court of competent jurisdiction in aid of arbitration.

13.3 Class action waiver. ALL DISPUTES MUST BE BROUGHT IN THE PARTIES’ INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS, COLLECTIVE, OR REPRESENTATIVE PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON’S CLAIMS. YOU AND THE FOUNDATION EACH WAIVE ANY RIGHT TO A JURY TRIAL.

13.4 One-year limitation. Any Dispute must be filed within one (1) year after the cause of action arose, or it is permanently barred, notwithstanding any longer statutory period that might otherwise apply.

14. Amendments

The Foundation may modify these Airdrop Terms at any time by posting an updated version with a revised "Last Revised" date. Continued participation in the Airdrop after changes are posted constitutes acceptance of the revised terms. For material changes, the Foundation will use commercially reasonable efforts to provide at least 7 days’ advance notice on the claim portal before the changes take effect; provided that no such notice will be required for changes the Foundation determines, in its sole discretion, are necessary to comply with applicable law, court order, or regulatory directive, or to address bona fide security, fraud, or abuse concerns. If you do not agree to the updated terms, you must stop participating in the Airdrop.

15. Severability

If any provision of these Airdrop Terms is held invalid or unenforceable, that provision will be limited or eliminated to the minimum extent necessary, and the remaining provisions will remain in full force and effect. The Foundation’s failure to enforce any right or provision will not be deemed a waiver of that right or provision.

16. Entire Agreement

These Airdrop Terms, together with the General Terms, constitute the entire agreement between you and the Foundation regarding the Airdrop, and supersede any prior or contemporaneous understandings on the subject. If any conflict exists between these Airdrop Terms and the General Terms with respect to the Airdrop, these Airdrop Terms control.

17. Miscellaneous

17.1 No assignment. You may not assign, transfer, delegate, or sublicense any of your rights or obligations under these Airdrop Terms without the Foundation’s prior written consent; any attempted assignment in violation of this Section is void. The Foundation may freely assign or transfer these Airdrop Terms, including in connection with a merger, reorganization, or sale of assets.

17.2 Notices. The Foundation may provide notices by posting on the claim portal or by other reasonable means. Notices to the Foundation must be in writing and sent to airdrop@canopynetwork.foundation.

17.3 No third-party beneficiaries. Except for the Foundation’s affiliates, directors, officers, employees, agents, advisors, contractors, and service providers, each of whom is an intended third-party beneficiary of Sections 8 (Limitation of Liability and Release) and 10 (Indemnification), there are no third-party beneficiaries to these Airdrop Terms.

17.4 Headings; construction. Section headings are for convenience only and do not affect interpretation. The words "including," "includes," and "include" are deemed followed by "without limitation."

17.5 Force majeure. The Foundation will not be liable for any delay or failure to perform under these Airdrop Terms to the extent caused by events beyond its reasonable control, including acts of God, natural disasters, pandemics, war, civil unrest, governmental action, internet or blockchain network failures, smart-contract exploits, or third-party service-provider failures.

18. Contact

Questions about the Airdrop can be directed to Discord.

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