Token Offering definition

Token Offering means an offer by an issuer to the public for the sale of a digital asset in exchange for fiat currency or another digital asset and includes an initial, registered or subsequent token offering;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Token Offering means the act of making available to the general public, through a public sale or otherwise, of Fan Tokens or any other tokens as may be determined by Us at Socios’ sole discretion, throughout the defined Token Offering Period(s);

Token Offering or the “Offering”). The Offering of SAFTs and subsequent sales of Tokens will take place during one calendar year or less, as described in the Send Token Economics document . The Tokens will allow, among other things, holders to gain access to the Send Consensus Network (the “Network”) to use SDT to store, send value, or make payments without volatility risks and using blockchain technology and smart contracts developed by the Company or affiliates of the Company (collectively, the “Protocol”). By checking the acceptance box and pressing the “I Agree” button (your “E-Signature”), you agree to be bound by the terms of this Purchase Agreement and the Private Place Memorandum (▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇▇/▇▇/▇▇▇▇▇.▇▇▇), , Token economics (▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/documents/economics.pdf) and/or any other offering materials provided to you with respect to the Tokens, including, but not limited to, the Whitepaper describing the Tokens and Token Distribution Event (▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/documents/whitepaper.pdf) through the date of your execution of this Purchase Agreement (collectively, the “Offering Materials”). This Purchase Agreement includes each of the following items: • Part I, Introduction and Instructions • Part II, Purchaser Questionnaire • Part III, Additional Legally Binding Terms • Part IV, Form W-9 (if U.S. taxpayer) Purchasers (“Purchasers”) of a Token should review the materials provided carefully and follow the steps and instructions below. The terms “I,” “me,” “my” and similar terms used throughout this Purchase Agreement refer to the Purchaser.

Examples of Token Offering in a sentence

• Further, should the Client execute a Securities Token Offering, the launch of the Tokens onto the blockchain shall be executed through a third-party platform of the Client’s choosing.

• The "On Deck" or "ODX" name or ▇▇▇▇ ▇▇▇ not be used in connection with a Token Offering without the prior written consent of ODX (which may be via email).

• Public Token Offering shall be an event, whereby Token Sponsor publicly advertises the sale of its Tokens, regardless of who can purchase them.

• I acknowledge and accept that all purchases of Tokens from the Company during the Token Offering are final, and there are no refunds or cancellations except as may be required by applicable law or regulation.

• Property Token Offering and Disbursement An STO for tokenizing real estate assets will be conducted during Phase III.

• The Purchaser has read, understands, and has no objection to the important information regarding the material terms of this Agreement, the other Offering Materials and the Tokens, including, but not limited to, details regarding the amount of Tokens offered and the Seller’s anticipated use of the proceeds from the Token Offering.

• Next the parties will find the product of (x) the Adjusted CF Proceeds multiplied by (y) the interest rate for the period between the CF Offering and the earlier of the i) Network Launch of the ii) Public Token Offering identified in the Token Interests the (“Final Securities Value”).

• It is possible that the funds generated from this Token Offering will be insufficient (particularly given the volatility of cryptocurrency value) to adequately develop the necessary technology for the Seller to successfully launch the EXC Platform or for the Seller to operate its business.

• Upon the earlier of a (i) Network Launch or a (ii) Public Token Offering following the Reg CF Offering, Token Sponsor agrees to sell Tokens to Company, for solely the consideration of the Net CF Proceeds.

• To enable Company’s delivery of its Services, Token Sponsor shall collaborate with Company in good faith to (i) provide materials deemed necessary or appropriate by the Company to complete the Reg CF Offering; (ii) communicate any material changes in its Network Launch and/or Public Token Offering logistics and timing; (iii) provide reasonable support to ensure that the Issuer can provide education materials about the Token Sponsor.

More Definitions of Token Offering

Token Offering means the sale, grant, or distribution of Tokens in exchange for a delivery of purchase price, a contribution, or any other items of value, including other Tokens; provided, however, that the grant or distribution of some Tokens for no consideration shall not disqualify a Token Offering from being considered as such. Token Offerings may not be available for public offerings, so Subscribers through the Regulation CF Offering may not be able to participate.

Token Offering or the “Offering”) and in the amount and purchase price set forth in the Purchaser Questionnaire portion of this Purchase Agreement (the “Purchaser Questionnaire”).

Token Offering means the initial offering of the Tokens;