Overview
OKX Technology Services Pte. Ltd. ("OKX") presents this exclusive NFT sweepstakes celebrating their partnership with McLaren Racing Limited. Participants can mint limited-edition NFTs tied to McLaren's 2024 Formula 1 season, with chances to win premium racing experiences and collectibles.
๐ Discover Exclusive McLaren Racing NFTs
Eligibility Requirements
To qualify for this sweepstakes:
- Must be 18+ (or age of majority in resident country)
Not available in Restricted Jurisdictions:
- Australia, Bahamas, Bangladesh, Belgium, Brazil, Canada, China, EU member states*, Hong Kong, India, Iran, Iraq, Italy, Malaysia, Mexico, North Korea, Philippines, Russia, Singapore, Syria, Thailand, Ukraine, US prohibited territories
- Employees of OKX/McLaren and their immediate family members are ineligible
*Full list in official terms
Sweepstakes Timeline
| Entry Period | Race Event | Minting Window |
|---|---|---|
| 1 | Canadian Grand Prix | June 7-10, 2024 |
| ... | ... | ... |
| 17 | Season Finale NFT | Dec 13-23, 2024 |
How to Participate
- Create an OKX Web3 Wallet (free)
Mint Race NFTs during designated windows
- Each race NFT appears as mystery box initially
- Reveals occur Wednesday post-race
- Collect All 24 NFTs for bonus final NFT mint
Key Details:
- 1 entry per person per race period
- Automatic airdrops for previous races
- Prize redemption within 3 weeks of mint closure
Prize Structure
| Prize Tier | Examples | Quantity per Race | ARV |
|---|---|---|---|
| Ultra Rare | MTC Race Watch, Grandstand Tickets | 1-7 | $600-$2,025 |
| Rare | Virtual Driver Briefings, Signed Gear | 5-30 | $45-$120 |
Featured Experiences:
- Behind-the-scenes McLaren Technology Center tours
- Paddock club access with driver meet-and-greets
- Exclusive race watch parties with team comms access
FAQ Section
What countries can participate?
Most jurisdictions except the Restricted Countries listed in Section 2 of the terms. US residents are eligible except those in prohibited territories.
How are winners selected?
All eligible NFT minters are entered into computer-generated drawings per race period. Odds depend on total participants per event.
What are the gas fees?
OKX covers all gas fees for minting participation NFTs. No cost to enter beyond wallet creation.
Can I sell my winning NFT?
Prize NFTs become non-tradable after redemption to prevent secondary market speculation.
Important Disclaimers
- NFTs represent participation rights only - no intellectual property claims
- Blockchain risks include potential delays or technical failures
- Prizes must be claimed within designated timeframes
- OKX reserves right to substitute equal-value alternatives
Total prize pool value: $74,070