Common use of Risks Associated with the Ethereum Protocol Clause in Contracts

Risks Associated with the Ethereum Protocol. Because Tokens and the Network are based on the Ethereum protocol, any malfunction, breakdown or abandonment of the Ethereum protocol may have a material adverse effect on the Network or Tokens. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the Tokens and the Network by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.

Appears in 3 contracts

Samples: Token Sale Agreement, Spectre Token Presale, Spectre Token Presale

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Risks Associated with the Ethereum Protocol. Because Tokens and the Network platform are based on the Ethereum protocol, any malfunction, breakdown or abandonment of the Ethereum protocol may have a material adverse effect on the Network platform or Tokens. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the Tokens and the Network platform, including the utility of the Tokens for obtaining services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.

Appears in 2 contracts

Samples: Token Pre Sale Agreement, Token Pre Sale Agreement

Risks Associated with the Ethereum Protocol. Because Tokens and the Network Ecosystem are based on the Ethereum protocol, any malfunction, breakdown or abandonment of the Ethereum protocol may have a material adverse effect on the Network Ecosystem or Tokens. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the Tokens and the Network Ecosystem, including the utility of Tokens for obtaining Services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.

Appears in 2 contracts

Samples: Base Token Sale Agreement, Token Sale Agreement

Risks Associated with the Ethereum Protocol. Because Tokens and the Network are based on the Ethereum protocol, any malfunction, breakdown breakdown, or abandonment of the Ethereum protocol may have a material adverse effect on the Network ATM network or Tokens. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the Tokens and the Network ATM network, including the utility of the Tokens for obtaining Services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.

Appears in 2 contracts

Samples: uptoken.org, uptoken.org

Risks Associated with the Ethereum Protocol. Because XXXXX Tokens and the Network Product are based on the Ethereum protocol, any malfunction, breakdown or abandonment of the Ethereum protocol may have a material adverse effect on the Network Platform or Tokens. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the Tokens and the Network Platform, including the utility of Tokens for obtaining Services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.

Appears in 2 contracts

Samples: Pre Order Agreement, Pre Order Agreement

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Risks Associated with the Ethereum Protocol. Because Tokens and the Network are based on the Ethereum protocol, any malfunction, breakdown or abandonment of the Ethereum protocol may have a material adverse effect on the Network or Tokens. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to Tokens, including the utility of Tokens and the Network for obtaining Services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.

Appears in 1 contract

Samples: Token Mining Agreement

Risks Associated with the Ethereum Protocol. Because Tokens and the Network Token Sale Platform are based on the Ethereum protocol, any malfunction, breakdown or abandonment of the Ethereum protocol may have a material adverse effect on the Network Token Sale Platform or Tokens. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the Tokens and the Network Token Sale Platform, including the utility of Tokens for obtaining Services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.

Appears in 1 contract

Samples: Ggcoin Token Sale Agreement

Risks Associated with the Ethereum Protocol. Because Tokens and the Network Platform are based on the Ethereum protocol, any malfunction, breakdown or abandonment of the Ethereum protocol may have a material adverse effect on the Network Platform or Tokens. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the Tokens and the Network Platform, including the utility of Tokens for obtaining Services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.

Appears in 1 contract

Samples: Token Sale Agreement

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