© 2019 by VRACCELERATOR, LLC

TERMS & CONDITIONS

VRAccelerator VolCap Challenge

VRA VOLCAP CHALLENGE RULES

  

Participation in this challenge is considered an acceptance of these Rules. Rules may be revised at the discretion of the Challenge organizer and sponsor.  Any and all revisions will be communicated to all participants in the Challenge.   

 

1. GENERAL

The VRA Volcap  Challenge (the “Challenge”) is an idea pitching Challenge run by VRAccelerator, LLC (“VRA”) and promoted by VRAccelerator, LLC (“VRA”).  It is designed to encourage startups, developers, programmers, entrepreneurs, filmmakers, designers and other creators to develop applications that bring to life their vision of Volumetric Video Capture (“Volcap”). Challenge Participants will produce a pitch submission (via storyboards, presentation slides, demo, mp4 or other format) demonstrating innovative concepts and use cases for a VRA VOLCAP-enhanced experience (“Challenge Concept”).

 

Judges will select the winning entries, and prizes will be awarded in accordance with these Challenge Rules as the official rules (the “Rules”). The definitions in these Rules shall apply equally to the singular, plural, active and passive forms of the terms defined. In order to enter the Challenge, you must agree to the Rules. 

 

2. ELIGIBILITY

The Challenge is open to individuals, groups and entities (“Participants”) to enter. To be eligible to enter the Challenge, each Participant must: (a) be 18 years of age or older, and (b) not be an employee of VRA or of VRA’s respective parents (collectively, the “Promotion Entities”).

 

To enter the Challenge, Participants must agree to unconditionally accept and agree to comply with and abide by these Rules, any applicable entry form, the VRA NDA and the decisions of VRA and the judges, which shall be final and binding in all respects. You agree that Submission of a Challenge Concept in the Challenge constitutes agreement to these Rules. You may not submit a Challenge Concept to the Challenge and are not eligible to receive the prizes described in these Rules unless you agree to these Rules. These Rules form a binding legal agreement between you and VRA with respect to the Challenge.

 

VRA may disqualify any Participant from the Challenge at any time if such Participant (a) breaches these Rules, (b) breaches any applicable law, or (c) if such Participant is a party to any act or thing prejudicial to VRA’s goodwill, commercial reputation or overall public image.

 

3. ENTRIES

Phase I of the VRA Challenge begins with the Submission Period beginning at 12:00:00 P.M. EST on October 1, 2020 and ends at 12:00:00 A.M. EST on January 31, 2020. No submissions will be accepted after 12:00:00 A.M. EST on July 31, 2020.

 

To enter into the Challenge, each Participant must go to the Challenge web page to register their Teams: ­­­­­­­­­­­­­­­https://developer.VRA.com/VRA-Volcap-and-XXX-pitch-challenge#registrationForm. Each Participant must completely and accurately submit all required information to enter, as well as upload the idea storyboard (presentation slides, demo, mp4, etc.)  (the “Submission”) during the Submission Period.

 

The Submission must demonstrate the Participant’s vision for a VRA VOLCAP-enhanced experience and is strongly recommended to be no more than 10 slides/pages long or no longer than :90 running time. The Submission must be in a format that the Challenge web page accepts and must be the Participant’s original idea. The Participant should be able to provide on request all appropriate clearances, permissions and releases for the Submission, including releases from the Participant and any third parties appearing in the Submission. Once the Participant submits the Submission, it becomes the property of VRA.

 

VRA may, in their sole discretion, refuse or exclude any Submission at any time before the end of the Submission Period without any notification or warning. Incomplete, corrupted, untimely, or unintelligible entries will be disqualified.

 

Challenge Winners may be invited to participate in Phase II of the VRA Challenge for mvp product development of the app, beginning on or around February 1, 2020. All dates are subject to change.

 

 

4. JUDGING, WINNER NOTIFICATION, ANNOUNCEMENT AND PRIZES

Judging will take place beginning at 12:00:00 P.M. EST on February 10, 2020 and end at 12:00:00 A.M. EST on February 20, 2020 (the “Judging Period”).  A panel of judges (“Judges”) selected by VRA, in its sole discretion, will judge the Submissions and select up to three (3) (the “Winners”), (the “Winners”) who will be notified via their contact information provided in their Submissions on or about February 20, 2020 (the “Notification Date”). 

 

The Judges will be using the following criteria (“Judging Criteria”) to select the Finalists:

 

Infinite Green Screen: Does the demo leverage the unique capabilities of volumetric video capture?

 

Innovation: How original is the idea being proposed and does it demonstrate strong use cases for the technology?

 

Completeness: Where in the development process is the team? E.g. Raw idea, back of napkin, pseudocode, proof of concept, prototype, mvp, etc.

  

Customer Value / Market Readiness: Does this concept use volcap to solve a problem or address a need that is not currently being met?  

 

Feasibility: Is the idea or experience technically and practically feasible? Is your idea ready for development into an application that could be launched by Spring 2020? 

 

The Judges will select up to  three (3) winners (the “Winners”), who will each win 8 hours of volumetric studio time with a professional model and a room full of high res video cameras to bring your 3D idea to life.

 

The Winners will be announced via email and VRA’s Developer Portal and social channels. 

Federal and state income taxes may apply and are the sole responsibility of the winners. If the potential Winner does not respond to the notification attempt within ten (10) days from the first notification attempt, that potential Winner will be disqualified and an alternate Winner may be selected from the Submissions. Determinations of Judges are final and binding.

 

5. CONFIDENTIALITY

Confidentiality of Participants’ Submissions is not guaranteed in any way. Participants should exclude sensitive or confidential information from their Submissions.

All Participants should be aware that Winners’ submissions may be broadcast to interested persons through promotion and media which may include print, radio, television, social media and the internet. Any data or information included in any Submission by Participants should be considered information that will likely enter the public realm, and Participants should not assume any right of confidentiality in any data or information discussed, divulged or presented in this session.

 

Non-Disclosure Agreements (NDAs) between an Participant and the Judges, VRA, organizers and/or audience members will not be required or allowed. VRA is not responsible for any confidentiality issues that may occur during the course of the Challenge and will not be involved in any way with disputes arising therefrom.

 

6. PRIVACY

By entering a Submission, each Participant agrees to VRA disclosing the Participant’s personal information to its sponsors, contractors and agents to assist in conducting the Challenge and communicating with Participants.

 

7. PUBLICITY AND PROMOTIONAL ACTIVITIES

Each Participant acknowledges and agrees that the Submissions and pitches at the Final Event, including publication of the business concept, name, and logo can be used in the public domain on VRA and Company websites and all other forms of advertising. If requested by VRA, the prize winner(s) must participate in all promotional activity (such as publicity and photography) surrounding the award. Winners consent to VRA and Company using their name and image in promotional materials, if any. For purposes of clarity, the foregoing does not require VRA to conduct any publicity or promotional activities.

 

 
8. INTELLECTUAL PROPERTY

Each Participant warrants that: (a) the ideas that the Participant presents in connection with the Challenge, including in the Submission, are the Participant’s original work and not copied or adapted from any third party or source and that the Participant owns all rights (including intellectual property rights) in any idea submitted into this Challenge; (b) the Participant’s use of ideas or information in relation to the Challenge does not infringe any third party intellectual property rights; and (c) the Participant’s pitch does not include any content that contravenes any law, infringes the rights of any third party or is otherwise objectionable or inappropriate.

If Participant provides any ideas, suggestions or recommendations regarding VRA’s products, technologies, or services (“Feedback”) through Participant’s Submission or otherwise in connection with the Challenge, VRA may use and incorporate such Feedback for any purpose, including, but not limited to, developing, manufacturing and marketing products or services incorporating such Feedback, provided that, in doing so, VRA does not infringe the first Participant’s patents, copyrights or trademark rights in the Feedback.

 

The Participant’s participation in the Challenge does not obligate VRA to enter into any further agreement or negotiation with the Participant. 

 

VRA may currently, or in the future, develop information internally or receive information from other parties that may be similar to the Participant’s ideas, pitch and/or Submission. Nothing shall prohibit VRA from developing products or services, or having products or services developed for it, that are the same or similar to ideas submitted in Participant’s Submission or pitch, or that compete with the Participant’s products or services; provided that, in doing so, VRA does not infringe on Participant’s intellectual property.

 

 
9. NATURE OF RELATIONSHIP/WAIVER OF EQUITABLE RELIEF

Each Participant hereby acknowledges and agrees that the relationship between the Participant and the Promotion Entities is not a confidential, fiduciary, or other special relationship, and that the Participant’s decision to provide the Participant’s Submission for purposes of the Challenge does not place the Promotion Entities in a position that is any different from the position held by members of the general public with regard to elements of the Participant’s Submission. Each Participant acknowledges and agrees that the Promotion Entities do not now and shall not have in the future any duty or liability, direct or indirect, vicarious, contributory, or otherwise, with respect to the infringement or protection of the Participant’s copyright in and to Participant’s Submission. Finally, each Participant acknowledges that, with respect to any claim by Participant relating to or arising out of any Promotion Entities’ actual or alleged exploitation or use of any Submission or other material submitted in connection with the Challenge, the damage, if any, thereby caused to the applicable Participant will not be irreparable or otherwise sufficient to entitle such Participant to seek injunctive or other equitable relief or in any way.

 

 
10. GENERAL LIABILITY RELEASE/FORCE MAJEURE

Participants agree that the Promotion Entities shall not be responsible or liable for any losses, damages or injuries of any kind resulting from the Challenge or any Challenge-related activity. VRA assumes no responsibility for any damage to an Participant’s computer system or other technology, which is occasioned by participating in the Challenge, or for any computer system, phone line, hardware, software or program malfunctions, or other errors, failures, Delayed Computer transmissions or network connections that are human or technical in nature. Without limiting the generality of the foregoing, VRA is not responsible for incomplete, illegible, misdirected, misprinted, late, lost, damaged or stolen submissions or notifications; or for lost, interrupted, inaccessible or unavailable networks, servers, satellites, Internet Service Providers, websites, or other connections; or for miscommunications, failed, jumbled, scrambled, delayed, or misdirected computer, telephone or cable transmissions; or for any technical malfunctions, failures, difficulties or other errors of any kind or nature; or for the incorrect or inaccurate capture of information, or the failure to capture any information. VRA reserves the right in their sole discretion to disqualify any individual who is found to be tampering with the entry process or the operation of the Challenge, to be acting in violation of these Rules, or to be acting in an unsportsmanlike or disruptive manner, or with the intent to disrupt or undermine the legitimate operation of the Challenge, or to annoy, abuse, threaten or harass any other person, and VRA reserves the right to seek damages and other remedies from any such person to the fullest extent permitted by law. In the event VRA is prevented from continuing with the Challenge as contemplated herein by any event beyond its control, including but not limited to fire, flood, earthquake, explosion, labor dispute or strike, act of God or public enemy, or any federal, state or local government law, order, or regulation, or other cause not reasonably within VRA’s control (each a “Force Majeure” event or occurrence), then subject to any governmental approval which may be required, VRA shall have the right to modify, suspend, or terminate the Challenge. If the Challenge is terminated before the designated end date, VRA will (if possible) select the winners from all eligible, non-suspect Submissions received as of the date of the event giving rise to the termination. The invalidity or unenforceability of any provision of these rules shall not affect the validity or enforceability of any other provision. In the event that any provision is determined to be invalid or otherwise unenforceable or illegal, these rules shall otherwise remain in effect and shall be construed in accordance with their terms as if the invalid or illegal provision were not contained herein.

 

 
11. DISPUTES

Each Participant agrees to release, defend, indemnify and hold harmless VRA, agents of VRA, those working on VRA’s behalf and each of their respective officers, directors, representatives, employees, agents, successors and assigns from any damage, injury, death, loss or other liability, either at law or equity, whether known or unknown, asserted or non-asserted, that may arise from or in any way relate to any Participant’s participation in this Challenge, VRA’s use of the Submission, or the awarding, acceptance, use or misuse of any prize. Any and all disputes, claims and causes of action arising out of or in connection with this Challenge shall be resolved individually without resort to any form of class action. This Challenge shall be governed by and construed in accordance with the laws of the Commonwealth of New York regardless of principles of conflicts of laws that may require the application of the laws of another jurisdiction. Any action or litigation concerning these Rules shall take place exclusively in the federal or state courts sitting in New York, New York, and each Participant expressly consents to the jurisdiction of and venue in such courts and waives all defenses of lack of jurisdiction and inconvenient forum with respect to such courts. Each Participant agrees to service of process by mail or other method acceptable under the laws of the Commonwealth of New York. *Do we want to add TERMINATION LANGUAGE here like what Magic Leap used?

 

ANY CLAIMS, JUDGMENTS AND/OR AWARDS SHALL BE LIMITED TO ACTUAL OUT-OF-POCKET COSTS ASSOCIATED WITH ENTERING THIS CHALLENGE. EACH PARTICIPANT HEREBY WAIVES ANY RIGHTS OR CLAIMS TO ATTORNEYS’ FEES, INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF PARTICIPANT, WHETHER FORESEEABLE OR NOT AND WHETHER BASED ON NEGLIGENCE OR OTHERWISE.

 

12. OTHER CONDITIONS

All decisions regarding an Participant’s removal and/or disqualification from the Challenge are final. Judges’ decisions are final.

 

13. OFFICIAL RULES

To obtain a copy of the rules go to LINK

 

14. WINNERS LIST

To obtain a copy of a winners list go to LINK

 

15. ORGANIZER

VRAccelerator, A Division of Pier59 Studios, New York, NY 10011

 

16. SPONSOR

VRAccelerator, A Division of Pier59 Studios, New York, NY 10011