Token Allocation Sample Clauses
The Token Allocation clause defines how digital tokens are distributed among parties involved in a project or transaction. It typically outlines the total supply of tokens, the specific amounts or percentages allocated to founders, investors, team members, and other stakeholders, and may include vesting schedules or lock-up periods to control when tokens can be accessed or sold. This clause ensures transparency and fairness in the distribution process, helping to prevent disputes and align incentives among participants.
Token Allocation. Important information about the Company’s creation and intended use of the Tokens is provided in the Company’s whitepaper at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/GOLD%20BACKED%20ICO%20WHITE%20PAPER.pdf. By purchasing Tokens, Purchaser acknowledges that Purchaser has read and understands the whitepaper.
Token Allocation. Important information about Company’s creation and intended use of the Tokens is provided in Exhibit A. By purchasing Sale Tokens, you acknowledge that you have read and understand Exhibit A.
Token Allocation. Important information about the Company’s creation and intended use of the Tokens is provided in Schedule B to this Agreement. By purchasing Tokens, you acknowledge that you have read and understood Schedule B to this Agreement.
Token Allocation. Important information about the Company’s creation and intended use of the Tokens is provided in Exhibit B. By purchasing Tokens, the Purchaser acknowledges that the Purchaser has read and understands Exhibit B. THE PURCHASER ACKNOWLEDGES AND AGREES THAT THERE ARE RISKS ASSOCIATED WITH PURCHASING TOKENS, OWNING TOKENS, AND USING TOKENS FOR THE PROVISION OR RECEIPT OF SERVICES IN THE GGE, AS DISCLOSED AND EXPLAINED IN EXHIBIT C. BY PURCHASING TOKENS, THE PURCHASER CLEARLY AND EXPLICITLY ACKNOWLEDGES AND ASSUMES THESE RISKS.
Token Allocation. In exchange for the Transition Services described herein, and subject to the terms and conditions of this Agreement, UII shall, effective as of the UII Closing Date, irrevocably allocate to Unicoin Inc Seventeen Billion Six Hundred Forty-Nine Million Three Hundred Fifty-Six Thousand Four Hundred Sixty-Seven (17,649,356,467) (the “Token Allocation”). The Token Allocation shall be made available to Unicoin Inc. immediately upon UII Closing and shall be delivered by UII in full or in tranches, at Unicoin Inc.’s sole discretion, by means of airdrop to one or more digital wallets designated in writing by Unicoin Inc. For the avoidance of doubt, the Token Allocation is not contingent upon the completion of the Transition Services or the expiration of the 90-day transition period, and Unicoin Inc. shall retain full discretion over the timing, distribution, and recipient designation of such tokens following the Closing. The Token Allocation described herein shall be distributed in accordance with the allocations set forth in Schedule A attached hereto, subject to the instructions of Unicoin Inc.
Token Allocation. Tokens will be allocated as set out in the White Paper. Buyer understands and consents to the purchase of Tokens (whether through the ITO or otherwise) by Company’s past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors and service providers, including people who may work on the development and implementation of the MDL™ Talent Hub Platform or who may work for Company’s future businesses which Company may establish with a portion of the proceeds from the ITO. Balkans (Albania, Bosnia, Herzegovina, Kosovo, Macedonia, Montenegro) Burundi Central African Republic Cuba Democratic Republic of Congo Eritrea Guinea-Bissau Iran Iraq Lebanon Libya People’s Republic of China Somalia South Sudan Sudan and Darfur Venezuela Yemen North Korea South Korea The Former Federal Republic of Yugoslavia Myanmar Syria Zimbabwe USA The list of excluded countries set out in this Agreement may be amended at any time by Company as follows:
(a) Company may remove a country from the list in its sole discretion;
(b) Company may include a country to the list to comply with applicable laws or if it considers a country to present heightened risk of the Tokens being acquired by persons or from funds associated with or for purposes of illegal or illicit activities. Tokens may have no value. Buyer may lose all amounts paid. Buyer has carefully reviewed, acknowledges, understands and assumes the following risks, as well as all other risks associated with the Tokens (including those not discussed herein), all of which could render the Tokens worthless or of little value:
(a) Risks of Skycoin codebase / Skyledger protocol: Because Tokens and the platform are based on the Skyledger protocol, any malfunction, forking, breakdown or abandonment of the Skyledger protocol may have a material adverse effect on the MDL™ Talent Hub Platform or Tokens. Moreover, advances in cryptography, or technical advances such as the development of quantum computing or code cracking, could present risks to the Tokens and the MDL™ Talent Hub Platform, including the utility of the Tokens, the value of the Tokens or theft or loss of Tokens.
(b) Skycoin codebase / Skyledger may be surpassed or superseded: There is no guarantee that Skycoin codebase / Skyledger will not be supplanted by competing protocols that improve upon or surpass/supersede the Skycoin codebase / Skyledger technology. It is not known whether the Skyledger platform will become a predominant...