Common use of Blockchain Delay Risk Clause in Contracts

Blockchain Delay Risk. ‌ On the most blockchains used for cryptocurrencies transactions (e.g., Ethereum, Bitcoin blockchains), timing of block production is determined by proof of work so block production can occur at random times. For example, the cryptocurrency sent as a payment for the Tokens in the final seconds of the Token sale may not get included into that period. The respective blockchain may not include the purchaser’s transaction at the time the purchaser expects and the payment for the Tokens may reach the intended wallet address not in the same day the purchaser sends the cryptocurrency.

Appears in 1 contract

Samples: Token Sale Agreement

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Blockchain Delay Risk. On the most blockchains used Ethereum blockchain (or such other platform which is utilised for cryptocurrencies transactions (e.g., Ethereum, Bitcoin blockchainsProject), timing of block production is determined by proof of work so block production can may occur at random times. For example, Buyer acknowledges and understands that the cryptocurrency sent as a payment for the Tokens in the final seconds of the Token sale may not get included into that period. The respective Ethereum blockchain may not include the purchaserBuyer’s transaction at the time the purchaser Buyer expects and the payment for the Buyer may not receive RUBY Tokens may reach the intended wallet address not in the same day Buyer sends ETH or BTC (as the purchaser sends the cryptocurrencycase may be).

Appears in 1 contract

Samples: Token Sale Agreement

Blockchain Delay Risk. On the most blockchains used for cryptocurrencies transactions (e.g.Bitcoin and Ethereum blockchain, Ethereum, Bitcoin blockchains), the timing of block production is determined by proof of work so block production can occur at random times. For example, the cryptocurrency sent as a payment for the Tokens Cryptocurrency transferred in the final seconds of a distribution period during the Token sale Acquisition may not get included into for that period. The respective Acquiror acknowledges and understands that the Bitcoin or Ethereum blockchain may not include the purchaserAcquiror’s transaction at the time the purchaser Acquiror expects and the payment for Acquiror may not receive the Tokens may reach the intended wallet address not in the same day the purchaser sends the cryptocurrencythis regard.

Appears in 1 contract

Samples: Tokens Acquisition Agreement

Blockchain Delay Risk. On the most blockchains used Ethereum blockchain (or such other platform which is utilised for cryptocurrencies transactions (e.g., Ethereum, Bitcoin blockchainsProject), timing of block production is determined by proof of work so block production can may occur at random times. For example, Buyer acknowledges and understands that the cryptocurrency sent as a payment for the Tokens in the final seconds of the Token sale may not get included into that period. The respective Ethereum blockchain may not include the purchaserBuyer’s transaction at the time the purchaser Buyer expects and the payment for the Buyer may not receive Haladinar Tokens may reach the intended wallet address not in the same day Buyer sends ETH or BTC (as the purchaser sends the cryptocurrencycase may be).

Appears in 1 contract

Samples: Token Sale Agreement

Blockchain Delay Risk. On the most blockchains used for cryptocurrencies transactions (e.g., Ethereum, Bitcoin blockchains)Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, Buyer acknowledges and understands that the cryptocurrency sent as a payment for the Tokens in the final seconds of the Token sale may not get included into that period. The respective Ethereum blockchain may not include the purchaserBuyer’s transaction at the time the purchaser Buyer expects and Buyer may not receive RCR Tokens at the payment for the Tokens may reach the intended wallet address not in the same day the purchaser time Buyer sends the cryptocurrencyETH.

Appears in 1 contract

Samples: Token Purchase Agreement

Blockchain Delay Risk. On the most blockchains used for cryptocurrencies cryptocurrencies' transactions (e.g., Ethereum, Bitcoin blockchains), timing of block production is determined by proof of work so block production can occur at random times. For example, the cryptocurrency Cryptocurrency sent as a payment for the Tokens in the final seconds of the Token sale may not get included into that period. The respective blockchain may not include the purchaserBuyer’s transaction at the time the purchaser Buyer expects and the payment for the Tokens may reach the intended wallet address not in the same day the purchaser Buyer sends the cryptocurrencyCryptocurrency.

Appears in 1 contract

Samples: Agreement of Sale of Tokens

Blockchain Delay Risk. On the most blockchains used for cryptocurrencies cryptocurrencies' transactions (e.g., Ethereum, Bitcoin blockchains), timing of block production is determined by proof of work so block production can occur at random times. For example, the cryptocurrency sent as a payment for the Tokens in the final seconds of the Token sale Sale may not get included into that period. The respective blockchain may not include the purchaser’s transaction at the time the purchaser expects and the payment for the Tokens may reach the intended wallet address not in the same day the purchaser sends the cryptocurrency.

Appears in 1 contract

Samples: Token Sale Agreement

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Blockchain Delay Risk. On the most blockchains used for cryptocurrencies transactions (e.g., Ethereum, Bitcoin blockchains)and Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, the cryptocurrency sent as a payment for the Tokens Cryptocurrency transferred in the final seconds of a distribution period during the Token sale Presale or the Token Sale may not get included into for that period. The respective Buyer acknowledges and understands that the Bitcoin or Ethereum blockchain may not include the purchaserBuyer’s transaction at the time the purchaser Buyer expects and the payment for Buyer may not receive the Tokens may reach the intended wallet address not in the same day the purchaser sends the cryptocurrencythis regard.

Appears in 1 contract

Samples: Agreement on Sale of Tokens

Blockchain Delay Risk. On the most blockchains used for cryptocurrencies transactions (e.g., Ethereum, Bitcoin blockchains)Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, Buyer acknowledges and understands that the cryptocurrency sent as a payment for the Tokens in the final seconds of the Token sale may not get included into that period. The respective Ethereum blockchain may not include the purchaserBuyer’s transaction at the time the purchaser expects and the payment for the Tokens may reach the intended wallet address not in the same day the purchaser sends the cryptocurrencyBuyer expects.

Appears in 1 contract

Samples: Token Purchase Agreement

Blockchain Delay Risk. On the most blockchains used for cryptocurrencies cryptocurrencies' transactions (e.g., Ethereum, Bitcoin blockchains), timing of block production is determined by proof of work so block production can occur at random times. For example, the cryptocurrency sent as a payment for the Tokens in the final seconds of the Token sale may not get included into that period. The respective blockchain may not include the purchaser’s transaction at the time the purchaser expects and the payment for the Tokens may reach the intended wallet address not in the same day the purchaser sends the cryptocurrency.

Appears in 1 contract

Samples: Token Agreement

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