Partnerships and Sponsorships
NexCoin is committed to forming strategic partnerships and sponsorships that align with our values, vision, and regulatory obligations. This policy outlines the framework for partnerships and sponsorships in accordance with European Union (EU) laws, including the Markets in Crypto-Assets Regulation (MiCA), GDPR, and related advertising and compliance standards.
1. Purpose of Partnerships and Sponsorships
NexCoin engages in partnerships and sponsorships to:
- Promote cryptocurrency education and adoption.
- Support innovative projects and initiatives within the blockchain and cryptocurrency ecosystem.
- Enhance our brand visibility through strategic collaborations with trusted organizations.
2. Eligibility for Partnerships and Sponsorships
Potential partners and sponsorship opportunities must meet the following criteria:
a. Legal and Ethical Standards
- Partners must comply with EU laws and international standards.
- Partners and sponsorship opportunities must align with ethical practices and avoid association with fraudulent, illegal, or controversial activities.
b. Alignment with NexCoin Goals
- The partnership or sponsorship must support cryptocurrency innovation, blockchain development, or financial inclusion.
- It must provide value to Avvacrypto users and stakeholders.
c. Financial and Operational Stability
- Partners must demonstrate financial stability and operational capacity to sustain the partnership or sponsorship.
d. Transparency
- Full disclosure of the partner’s or sponsor’s business activities, leadership, and ownership is required.
3. Types of Partnerships and Sponsorships
Avvacrypto engages in the following types of collaborations:
a. Strategic Partnerships
- Collaborations with blockchain projects, financial institutions, or technology providers to enhance platform offerings.
b. Sponsorships
- Support for events, conferences, educational initiatives, or charitable activities that align with NexCoin values.
c. Marketing Partnerships
- Co-branded campaigns with organizations to promote cryptocurrency awareness and adoption.
d. Technology Integration
- Collaborations to integrate third-party tools, services, or technologies that improve user experience on the NexCoin platform.
4. Application and Review Process
Entities interested in partnering with or seeking sponsorship from NexCoin must follow these steps:
Step 1: Submission of Proposal
- Submit a detailed proposal outlining the nature, goals, and benefits of the partnership or sponsorship.
Step 2: Due Diligence
- NexCoin conducts a comprehensive review to evaluate legal compliance, financial stability, and alignment with company goals.
Step 3: Decision
- Proposals are reviewed by NexCoin internal Partnerships Committee. Decisions are communicated .
Step 4: Agreement and Implementation
- Approved partnerships or sponsorships require a signed agreement detailing terms, obligations, and deliverables.
5. Compliance with EU Regulations
NexCoin ensures all partnerships and sponsorships comply with:
- Markets in Crypto-Assets Regulation (MiCA) to ensure transparency and investor protection.
- General Data Protection Regulation (GDPR) for safeguarding personal data.
- EU Advertising Standards to prevent misleading or unethical promotional practices.
Partners are required to adhere to these regulations during collaborations.
6. Termination of Partnerships and Sponsorships
NexCoin reserves the right to terminate any partnership or sponsorship under the following conditions:
- Breach of terms outlined in the agreement.
- Violation of EU laws or ethical standards.
- Evidence of fraudulent or illegal activities by the partner or sponsored entity.
Termination notices will be issued in writing, and any unresolved disputes will be handled in accordance with applicable laws.
7. Confidentiality and Data Protection
- All shared information between NexCoin and its partners is subject to strict confidentiality agreements.
- Personal data collected during collaborations is processed in accordance with GDPR.
8. Benefits of Partnering with Avvacrypto
By partnering with NexCoin, organizations can:
- Gain access to a growing cryptocurrency user base.
- Leverage NexCoin secure and compliant platform for joint initiatives.
- Enhance brand visibility through co-branded campaigns and events.
9. Dispute Resolution
Any disputes arising from partnerships or sponsorship agreements will be resolved through:
- Mediation or arbitration in compliance with EU laws.
- Escalation to courts within the jurisdiction of NexCoin headquarters if necessary.
10. Amendments to the Policy
NexCoin reserves the right to amend this policy to reflect changes in laws, market conditions, or business priorities. Updates will be communicated via email or platform announcements.
11. Contact Information
For inquiries about partnerships or sponsorships, please contact:
Email: partnerships@NexCoin.pro
Address: Avvacrypto, 103 Bishopsgate, London, EC2N 5AA, United Kingdom
Disclaimer: NexCoin participation in a partnership or sponsorship does not imply endorsement of the partner’s products, services, or views. Collaborations are subject to continuous review to ensure compliance with this policy.