Common use of Risk of Hacking and Security Weaknesses Clause in Contracts

Risk of Hacking and Security Weaknesses. Hackers or other malicious groups or organizations may attempt to interfere with the Platform or Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Xxxxx attacks, smurfing and spoofing. Furthermore, because the Platform is based on open-source software, there is a risk that a third party or a member of the Company team may intentionally or unintentionally introduce weaknesses into the core infrastructure of the Platform, which could negatively affect the Platform and Tokens, including Tokens’ utility for using the Platform.

Appears in 3 contracts

Samples: Token Sale Agreement, Sale Agreement, Token Sale Agreement

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Risk of Hacking and Security Weaknesses. Hackers or other malicious groups or organizations may attempt to interfere with the Platform Network or the Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Xxxxx attacks, smurfing and spoofing. Furthermore, because the Platform Network is based on open-source software, there is a risk that a third party or a member of the Company team may intentionally or unintentionally introduce weaknesses into the core infrastructure of the PlatformNetwork, which could negatively affect the Platform Network and the Tokens, including Tokens’ utility for using the Platform.

Appears in 3 contracts

Samples: Token Sale Agreement, Token Presale Agreement, Token Pre Sale Agreement

Risk of Hacking and Security Weaknesses. Hackers or other malicious groups or organizations may attempt to interfere with the Platform or Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Xxxxx attacks, smurfing and spoofing. Furthermore, because the Platform it is based on open-source software, there is a risk that a third party or a member of the Company team may intentionally or unintentionally introduce weaknesses into the core infrastructure of the Platforminfrastructure, which could negatively affect the Platform and Tokens, including Tokens’ utility for using the Platform.

Appears in 1 contract

Samples: Token Sale Agreement

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Risk of Hacking and Security Weaknesses. Hackers or other malicious groups or organizations organisations may attempt to interfere with the Platform Network or Tokens the Coins in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Xxxxx attacks, smurfing and spoofing. Furthermore, because the Platform Network is based on open-source software, there is a risk that a third party or a member of the Company team may intentionally or unintentionally introduce weaknesses into the core infrastructure of the PlatformNetwork, which could negatively affect the Platform Network and Tokens, including Tokens’ utility for using the PlatformCoins.

Appears in 1 contract

Samples: Coin Sale Agreement

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