Common use of Token Distribution Event Clause in Contracts

Token Distribution Event. The Company intends to conduct a distribution event with respect to up to 1,540,000,000 Blockstack Tokens held by it (the “Token Distribution Event”). The Token Distribution Event will occur at a future, currently unknown, date depending on the successful development and deployment of the Token Functionality and the Token Distribution Event may never happen.

Token Distribution Event. The Company intends to conduct a distribution event with respect to up to 1,540,000,000 Blockstack 1,320,000,000 Stacks Tokens held by it (the “Token Distribution Event”). The Token Distribution Event will occur at a future, currently unknown, date depending on the successful development and deployment of the Token Functionality and the Token Distribution Event may never happen.