Mycelium definition
Examples of Mycelium in a sentence
Mycelium and its affiliates or licensors will not be liable to Participant for any direct, indirect, incidental, special, consequential or exemplary damages (including damages for loss of profits, goodwill, use, or data), even if a party has been advised of the possibility of such damages.
Tokens – Mycelium Wallet Tokens are a software product created, stored, and distributed to the Participant by means of the bitcoin blockchain as colored coins, granting the SARs related to Mycelium SIA.
Tokens are subject to the fluctuation of the BTC currency against the USD for which Mycelium accepts no responsibility.
Mycelium, its affiliates or licensors do not guaranty in any way that the value of Tokens and/or SIA’s stock will increase, nor that Tokens can be sold to any third party at any time.
It is Participant’s duty to keep the information related to Tokens ownership as well as preferred bitcoin account, and email address, that Mycelium has on file, valid and updated.
Participant must report any changes in Tokens ownership or bitcoin account to Mycelium immediately.
In case the private key is lost, or wallet is not backed up by Participant, Mycelium has no control over the Mycelium Tokens and will not be liable for the loss.
All money raised through Sale Event will be exclusively used for development and marketing purposes of Mycelium Wallet Project.
In the event of SIA’s IPO Mycelium shall have a right to repurchase Participant’s Tokens and corresponding SARs at Tokens’ Nominal Value equal to the Tokens’ purchase price during Sale Event in the USD based on BTC to USD official exchange rate at the time of the Sale Event closing.
The nature of relationship between Mycelium and Participant is that of independent contractors.