Token Distribution. 4.1 The Company intends to distribute Tokens in accordance with the Token Distribution Procedure set out on the official Website, which includes detailed information on the procedure and timing of the distribution of Tokens (xxxxx://xxx.xxxxxxxxx.xx/ru). By purchasing Tokens, the User fully acknowledges and understands all the procedures and stages of the distribution of Tokens and their specifics, including the User is aware that the sale of Tokens to third parties is carried out in a limited manner to prevent a sharp drop in the value of Tokens. The User understands that the purchase of Tokens carries huge risks and may lead to a partial or complete loss of the cryptocurrency deposited in exchange for Tokens.
Token Distribution. The Company will automatically issue to the Purchaser the number of Tokens, associated to the Purchase Price in accordance to its Assigned Tier, in exchange for the Purchase Amount. In connection with and prior to the Token Distribution by the Company to the Purchaser pursuant to Clause 3.a) hereinto:
Token Distribution. Upon the expiration of the Lock-Up Period (provided such expiration is before the expiration or termination of this instrument), this instrument shall automatically convert into, and the Company shall automatically issue, a number of Tokens to the Purchaser equal to the Purchase Amount divided by the Token Price (rounded up to the next whole number if such number is a fraction). “Lock-Up Period” means the period beginning on the date of this instrument and ending on the earliest of (i) a System Launch, (ii) one (1) year after the issuance date of this instrument to the Purchaser or (iii) the date the Company determines, in its sole discretion, that Resale Restrictions are available with respect to the Tokens. “Resale Restrictions” means an alternative trading system and/or technology that allows resale restrictions with respect to the Tokens that are required by applicable securities laws to be embedded in the blockchain, the Tokens or any smart contract related to the foregoing. In connection with and prior to the issuance of Tokens by the Company to the Purchaser pursuant to this Section 1(a) (the “Token Distribution”):
Token Distribution. Token distribution is not a public offering of equity or debt and consequently does not fall under the securities or any prospectus regulation. You can make contributions into a smart contract system in Ether (acceptable Digital Asset) and receive AVARI in exchange. Company reserves the right to amend acceptable digital assets or FIAT at any time, based on its sole discretion. All acquirement of AVARI Tokens shall be publicly accessible via the Ethereum blockchain browser.
Token Distribution. The Filecoin Token will be distributed to the 4 major participating groups in the Filecoin Network. These groups are critical to the network’s creation, development, growth, and maintenance. This allocation is written into the protocol itself and the Filecoin blockchain’s Genesis block. Allocations are vested for multiple years. 70% to Filecoin Miners (Mining block reward) for providing data storage service, maintaining blockchain, and more. 15% to Protocol Labs (Genesis) for research, engineering, deployment, business development, marketing, distribution, and more. 10% to Investors (Genesis) for funding network development, business development, partnerships, support, and more. 5% to Filecoin Foundation (Genesis) for long-term network governance, partner support, academic grants, public works, community building, et cetera.
Token Distribution. The Buyer accepts and agrees that an ERC20 AVX will be transferred to his/her ETH Wallet once the payment is made. Once the final blockchain solution is developed, tested, and successfully verified, a self-sufficient blockchain, which is the mainnet will be launched and tokens will be available for swap or migration on a 1:1 basis.
Token Distribution
