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The “Golden Captains” Program (hereinafter, the “Program”) aims to incentivize the acquisition and activation of new users on the El Dorado platform, with a special focus on high-value users—including, but not limited to, migrant communities—through a system of economic rewards granted to individuals who, as Golden Captains, refer and promote the registration and use of the platform. Participation in the Program implies full and unreserved acceptance of these Terms and Conditions.
The following definitions will help you more easily understand these Terms and Conditions:
The Program will operate for indefinite periods. El Dorado may establish specific conditions applicable to the Program, including but not limited to:
Regardless of the above, the defined conditions will remain in effect and fully applicable until El Dorado publishes a new modification, update, or version of the Program, whether for a new period or of a general nature. The applicable conditions shall be those in force at the time the Reward is earned. Any modification will be communicated in a timely manner through the Platform or via the contact channels registered by the Golden Captain. The Golden Captain acknowledges that it is their exclusive responsibility to periodically review such updates, and that continued participation in the Program will constitute full and binding acceptance of the new conditions.
The Golden Captains Program is promotional and voluntary. Participation in it does not constitute an acquired right, nor does it imply the existence of an employment, commercial, agency, mandate, partnership, representation relationship, or any bond other than what is agreed upon herein between the Golden Captain and El Dorado. The Golden Captain acts on their own behalf, exclusively assuming the costs, taxes, contributions, withholdings, and other fiscal obligations that may derive from the Rewards received, and releases El Dorado from any liability in this regard. The availability of the Program, as well as the granting and settlement of Rewards, will be subject to compliance with these Terms and Conditions.
Individuals who concurrently meet the following requirements may participate in the Golden Captains Program:
The Acquisition Code corresponds to the referral code available to the User in the Profile section within the Platform. The Acquisition Code may be freely shared by the Golden Captain under the conditions of this Program, without implying the existence of an employment, commercial, agency, or representation relationship with El Dorado.
The Acquired User may enter the Acquisition Code at any of the following moments:
The Golden Captain may earn Rewards according to the following incentive scheme: a. Registration Reward For each Acquired User who registers on the Platform using a valid Acquisition Code and completes the KYC verification process up to level L1, the Golden Captain will earn a Reward of USDT 1. b. Valid Transaction Reward Additionally, if the Acquired User performs at least one Valid Transaction within the Platform, the Golden Captain will earn an additional Reward of USDT 3 for said Acquired User. This Reward is earned only once per Acquired User upon verification of their first Valid Transaction and does not accumulate for subsequent transactions by the same user, unless El Dorado stipulates otherwise for a specific period.
For the purposes of this Program, a Valid Transaction is considered any operation effectively completed and settled by the Acquired User within the Platform, including but not limited to:
Canceled, failed, reversed, or pending transactions will not be considered valid for Program purposes. El Dorado reserves the right to define, adjust, or restrict the types of eligible transactions, as well as to require a minimum amount per operation, communicating this through the Platform.
For the current period, the Reward amounts are as follows:
Rewards will be earned and settled on a monthly basis, according to the following rules:
When the fifth (5th) calendar day coincides with a non-business day, payment may be made on the immediately following business day without giving rise to any claim. El Dorado may withhold, in whole or in part, the payment of Rewards corresponding to a Settlement Period when there are signs of fraud, abuse, non-compliance, or when internal reviews or information requests are underway, until the situation is resolved.
El Dorado may establish maximum Reward caps, whether per Golden Captain, per Acquired User, per Settlement Period, or globally for the Program. Once the applicable cap is reached, El Dorado may temporarily suspend the assignment of new Rewards until the start of the next period, without giving rise to any claim.
The Golden Captain agrees to:
Non-compliance with any of these obligations may result in suspension, exclusion from the Program, revocation of earned Rewards, and/or corresponding legal actions.
El Dorado reserves the right to:
Rewards granted under the Program are personal and non-transferable. They may not be assigned, sold, exchanged, or transferred, in whole or in part, to third parties under any title. Any attempt to transfer or misuse Rewards may result in their revocation and, if applicable, the exclusion of the Golden Captain from the Program.
The processing of the personal data of Golden Captains and Acquired Users will be governed by El Dorado's Privacy and Personal Data Processing Policy, available on the Platform. The Golden Captain agrees not to collect, store, transfer, or process personal data of Acquired Users for purposes other than those of the Program, and to refrain from using them for their own commercial purposes or those of third parties.
These Terms and Conditions of the Golden Captains Program shall be governed by and construed in accordance with the laws of the jurisdiction of Panama.
Should a dispute arise between the Golden Captain and El Dorado regarding this Program, it shall be submitted to the procedure established in the general terms and conditions of the Platform.
The Golden Captain may submit petitions, complaints, claims, disputes, or suggestions related to the Program through the service channels enabled by El Dorado. Requests must be sent clearly and with the necessary information to allow for proper review. If additional information is required, El Dorado will communicate this to the Golden Captain in a timely manner. El Dorado will review each request in good faith and provide a response within fifteen (15) business days following its receipt. The submission of a claim does not suspend the application of these Terms and Conditions or the general conditions of the Platform.
The Golden Captain's participation in this Program implies full acceptance of these Terms and Conditions, as well as the general Terms and Conditions of the Platform, which can be consulted via the following link: https://eldorado.io/legal/terms-and-conditions/
For questions or support, contact us via:
El Dorado reserves the power to make adjustments or modifications to this Program, or to suspend it temporarily or permanently, in the event of operational, commercial, or regulatory circumstances that justify it. In such situations, efforts will be made to inform participants in a timely manner through the Platform or registered contact channels. Rewards earned prior to the effective date of modification or cancellation, and which are duly credited according to these Terms and Conditions, will be paid according to the rules in force at the time they were earned.
Last modification: April 28, 2026
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