Common use of Advanced Protocols Clause in Contracts

Advanced Protocols. Unless specifically announced on the Coinbase Custody Site or through some other official public statement of Coinbase Custody, Coinbase Custody does not support airdrops, metacoins, colored coins, side chains, or other derivative, enhanced, or forked protocols, tokens, or coins which supplement or interact with a Digital Asset supported by Coinbase Custody (collectively, “Advanced Protocols”). Client shall not use Client’s Custodial Account to attempt to receive, request, send, store, or engage in any other type of transaction involving an Advanced Protocol. The Coinbase Custody platform is not configured to detect and/or secure Advanced Protocol transactions and neither Client nor Coinbase Custody will be able to retrieve any unsupported Advanced Protocol. Coinbase Custody assumes absolutely no liability, obligation or responsibility whatsoever in respect to Advanced Protocols.

Appears in 2 contracts

Samples: Custodial Services Agreement (Realm Metaverse Real Estate Inc.), Custodial Services Agreement (Osprey Bitcoin Trust)

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Advanced Protocols. Unless specifically announced on the Coinbase Custody Site or through some other official public statement of Coinbase Custody, Coinbase Custody does not support airdrops, metacoins, colored coins, side chains, or other derivative, enhanced, or forked protocols, tokens, or coins which supplement or interact with a Digital Asset supported by Coinbase Custody (collectively, “Advanced Protocols”). Client shall not use Client’s Custodial Account to attempt to receive, request, send, store, or engage in any other type of transaction involving an Advanced Protocol. The Coinbase Custody platform is not configured to detect and/or secure Advanced Protocol transactions and neither Client nor Coinbase Custody will be able to retrieve any unsupported Advanced Protocol. Coinbase Custody assumes absolutely no liability, obligation or responsibility whatsoever in respect to Advanced Protocols.. Coinbase Custodial Services Agreement (US)

Appears in 1 contract

Samples: Custodial Services Agreement (WonderFi Technologies Inc.)

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