Common use of Lack of Development of Market for Tokens Clause in Contracts

Lack of Development of Market for Tokens. Because there has been no prior public trading market for the Tokens, the sale of the Tokens may not result in an active or liquid market for the Tokens, and their price may be highly volatile. Although applications have been made to the cryptographic token exchanges for the Tokens to be admitted to trading, an active public market may not develop or be sustained after the Token sale. If a liquid trading market for the Tokens does not develop, the price of the Tokens may become more volatile and token holder may be unable to sell or otherwise transact in the Tokens at any time.

Appears in 2 contracts

Samples: Token Agreement, Token Sale Agreement

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Lack of Development of Market for Tokens. Because Because​ there has been no prior public trading market for the Tokens, the sale of the Tokens may not result in an active or liquid market for the Tokens, and their price prices may be highly volatile. Although applications have been may be made to the cryptographic token exchanges for the Tokens to be admitted to trading, the applications could fail. Even if the Tokens are successfully listed on any cryptographic token exchanges, an active public market may not develop or be sustained after the Token sale. If a liquid trading market for the Tokens does not develop, the price of the Tokens may become more volatile and token holder may be unable holders ​​may ​​be ​​unable​​ to sell or otherwise transact in the Tokens at any time​​sell ​​or ​​otherwise ​​transact ​​in ​​the ​​Tokens​ ​at ​​any ​​time.

Appears in 1 contract

Samples: Token Sale Agreement

Lack of Development of Market for Tokens. Because there has been no prior public trading market for the Tokens, the sale of the Tokens may not result in an active or liquid market for the Tokens, and their price may be highly volatile. Although applications have been will be made to the cryptographic token exchanges for the Tokens to be admitted to trading, an active public market may not develop or be sustained after the Token sale. If a liquid trading market for the Tokens does not develop, the price of the Tokens may become more volatile and token holder may be unable to sell or otherwise transact in the Tokens at any time.

Appears in 1 contract

Samples: Token Sale Agreement

Lack of Development of Market for Tokens. Because there has been no prior public trading market for the Tokens, the Token sale of the Tokens may not result in an active or liquid market for the Tokens, and their price may be highly volatile. Although applications have been made to the cryptographic token exchanges for the Tokens to be admitted to trading, an active public market may not develop or be sustained after the Token sale. If a liquid trading market for the Tokens does not develop, the price of the Tokens may become more volatile and token holder may be unable to sell or otherwise transact in the Tokens at any time.

Appears in 1 contract

Samples: Agreement of Sale of Tokens

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Lack of Development of Market for Tokens. Because there has been no prior public trading market for the Tokens, the sale of the Tokens may not result in an active or liquid market for the Tokens, and their price prices may be highly volatile. Although applications have been may be made to the cryptographic token exchanges for the Tokens to be admitted to trading, the applications could fail. Even if the Tokens are successfully listed on any cryptographic token exchanges, an active public market may not develop or be sustained after the Token sale. If a liquid trading market for the Tokens does not develop, the price of the Tokens may become more volatile and token holder holders may be unable to sell or otherwise transact in the Tokens at any time.

Appears in 1 contract

Samples: Token Sale Agreement

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