Cryptocurrency Sample Clauses

A Cryptocurrency clause defines how digital currencies, such as Bitcoin or Ethereum, are treated within the context of the agreement. It typically specifies whether payments, obligations, or valuations can be made or settled using cryptocurrencies, and may outline procedures for conversion rates, timing, and acceptable types of digital assets. This clause ensures both parties have a clear understanding of the role and handling of cryptocurrencies in their transactions, reducing ambiguity and managing the risks associated with price volatility and regulatory uncertainty.
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Cryptocurrency. The Non-Profit may accept gifts of cryptoassets and other forms of digital assets after due diligence is performed to determine that the asset is able to be transferred and liquidated. All cryptoassets will be sold promptly upon receipt unless otherwise directed by the Non-Profit.
Cryptocurrency. The trade of Cryptocurrencies (meaning “regulated or unregulated digital representation of money, which is neither issued by a central bank or a public authority, nor attached to a fiat currency”), excluding any Obligor that simply holds Cryptocurrencies, uses Cryptocurrencies as a currency in which its business is transacted or uses blockchain technology in its operations;
Cryptocurrency a virtual financial settlement unit, being neither legal payment means, or electronic money or a financial instrument, input into the dispersed accounting system, (blockchain) based on the cryptography, convertible in business trading into legal payment means, and accepted as the exchange means, that may be stored electronically or transferred, and that may be subject of electronic trading;
Cryptocurrency. From time to time, we may allow you to purchase Credits or other products and services with cryptocurrency. When making purchases on the Platform with RTC, each RTC has a deemed value of $0.125 USD regardless of its fair market value, unless a different deemed value for RTC is expressly stated by us on the Platform in which case that deemed value applies. For all other purchases made using cryptocurrency other than RTC, the exchange rate for the particular cryptocurrency used, if accepted by us, will be the then current market-average USD price for such cryptocurrency determined using ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. We reserve the right to modify the exchange rate and any exchange rate set by us for the cryptocurrency used is final.
Cryptocurrency a peer-to-peer electronic currency that does not have a single centralized issuer and is distributed between holders of such a currency.
Cryptocurrency. Bonti has developed a distributed protocol for app stores based on the Binance Smart Chain and smart contracts, under which a specific digital currency is created and issued. The company’s tokens are ERC-20- compliant tokens that are distributed on the Binance Smart Chain under an ERC-20 smart contract. These cryptocurrencies are designed to be used on the Bonti platform and to have transactions in the Bonti store ecosystem. You can purchase these cryptocurrencies and then use them to purchase in-app applications and products available through Bonti Services. To do this, you must have a valid digital wallet that supports these cryptocurrencies. Using a wallet account is subject to certain terms and conditions that are available to you when you access the application. The prices of the products are displayed in Bonti and some cases in your main currency. ▇▇▇▇▇ is not responsible for the accuracy of exchange rates or conversions. You are solely responsible for providing the exact account address of Bonti or the developers who are responsible for making the application and products available within the application.
Cryptocurrency. All Cryptocurrency of each Obligor is held in a Securities Account at an Acceptable Custodian subject to an Acceptable Custodial Agreement.
Cryptocurrency. (a) Schedule 3.03(a) of the Disclosure Schedules sets forth a list of all Purchased Coins held by Contributor as of the date hereof and the means through which Contributor as of such date controls such Purchased Coins (e.g., “private keys,” custody agreements or agreements with parties performing validation services). Contributor has the exclusive ability to control, including by use of “private keys” or other equivalent means or through custody arrangements or other equivalent means, all such Purchased Coins set forth on Schedule 3.03(a) of the Disclosure Schedules, and owns such Purchased Coins free and clear of all Encumbrances. (b) Contributor has implemented procedures and controls regarding management and storage of and access to authentication credentials such as private keys (including electronic devices that sign transactions using such private keys) and means for instructing third party custodians (“Authentication Credentials”) for the Purchased Coins, including limitation of access to Authentication Credentials to employees who need to have such access and requiring multiple individuals to sign off on transactions. Where Authentication Credentials are not held by employees of Contributor Parties, such Authentication Credentials are exclusively held by reputable third-party custodians or wallet providers whose security procedures are consistent with industry standards and have been evaluated by Contributor Parties and found to be fit for Contributor Parties’ purposes. There has never been (i) any fraud or other wrongdoing related to the Authentication Credentials that involves any of Contributor Parties’ management or other employees who have a role in the custody of any Bitcoin or (ii) any claim or allegation regarding any of the foregoing.
Cryptocurrency. The Customer agrees that if they choose to use a Cryptocurrency, such as Ethereum, as a method of payment through the connection of a third-party digital wallet to the Application, Rally will not be held responsible for any resulting losses. The Customer also acknowledges that they are subject to the terms and conditions of the third-party digital wallet and, as a result, Rally will not be held liable for any damages or losses resulting from the use of the third-party wallet service.
Cryptocurrency