Common use of Risk of Software Weaknesses Clause in Contracts

Risk of Software Weaknesses. The token smart contract concept, the underlying software application and software platform (i.e. the Ethereum, Bitcoin blockchains) are still in an early development stage and unproven. There are no representations and warranties that the process for creating the Tokens will be uninterrupted or error-free. There is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of the cryptocurrency and/or the Tokens.

Appears in 2 contracts

Samples: Token Agreement, Token Sale Agreement

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Risk of Software Weaknesses. The token smart contract the Smart Contract System concept, the underlying software application and software platform (i.e. the Ethereum, Bitcoin blockchainsEthereum blockchain) are is still in an early development stage and unproven. There are is no representations and warranties warranty or assurance that the process for creating the Tokens will be uninterrupted or error-free. There free and there is an inherent risk that the software could contain defects, weaknesses, vulnerabilities vulnerabilities, viruses or bugs causing, inter alia, the complete loss of the cryptocurrency ETH contributions and/or the Tokens.

Appears in 2 contracts

Samples: Contribution Terms, Contribution Terms

Risk of Software Weaknesses. The token smart contract Token Smart Contract concept, the underlying software application and software platform (i.e. the Ethereum, Bitcoin blockchains) are still in an early development stage and unproven. There are no representations and warranties that the process for creating the Tokens will be uninterrupted or error-free. There is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of the cryptocurrency Cryptocurrency and/or the Tokens.

Appears in 1 contract

Samples: Agreement of Sale of Tokens

Risk of Software Weaknesses. The token Token smart contract concept, the underlying software application and software platform (i.e. the Ethereum, Bitcoin blockchains) are still in an early development stage and unproven. There are no representations and warranties that the process for creating the Tokens will be uninterrupted or error-free. There is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of the cryptocurrency and/or the Tokens​​loss​ ​of​​the​​ cryptocurrency​ ​and/or ​​the ​​Tokens.

Appears in 1 contract

Samples: Token Sale Agreement

Risk of Software Weaknesses. The token smart contract concept, the underlying software application and software platform (i.e. the Ethereum, Bitcoin blockchains) are still in an early development stage and unproven. There are no representations and warranties that the process for creating the Tokens will be uninterrupted or error-free. There is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of the cryptocurrency and/or the Tokens.

Appears in 1 contract

Samples: Token Sale Agreement

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Risk of Software Weaknesses. The token smart contract You understand and accept that the Smart Contract System concept, the underlying software application and software platform (i.e. the Ethereum, Bitcoin blockchainsEthereum blockchain) are is still in an early development stage and unproven. There are Accordingly, there is no representations and warranties warranty that the process for creating the Tokens DVT tokens will be uninterrupted or error-free. There free and there is an inherent risk that the software could contain weaknesses, vulnerabilities or and/or bugs causing, inter alia, the complete loss of the cryptocurrency and/or the TokensETH or DVT tokens.

Appears in 1 contract

Samples: Token Swap Agreement

Risk of Software Weaknesses. The token smart contract You understand and accept that the Smart Contract System concept, the underlying software application and software platform (i.e. the Ethereum, Bitcoin blockchainsEthereum blockchain) are is still in an early development stage and unproven. There are Accordingly, there is no representations and warranties warranty that the process for creating the Tokens DVLT tokens will be uninterrupted or error-free. There free and there is an inherent risk that the software could contain weaknesses, vulnerabilities or and/or bugs causing, inter alia, the complete loss of the cryptocurrency and/or the TokensETH or DVLT tokens.

Appears in 1 contract

Samples: Token Swap Agreement

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