SAFT definition
SAFT means an instrument containing a future right to receive units of Tokens, similar in form and content to this SAFT, purchased by Investors prior to the Company’s completion of the Milestone for the purpose of funding the Company’s and Blockstack’s organizational expenses for five years after the date of this SAFT.
SAFT means an agreement containing a future right to Tokens, similar in form and content to this Agreement.
SAFT means an agreement containing a future right to units of Tokens purchased by Purchasers, similar in form and content to this agreement, which a significant portion of the amount raised under the SAFTs will be used to fund the Company’s development of a decentralized blockchain-based computer network (the “[Network]”) that enables [describe the end goal, function and utility of the proposed Network].
Examples of SAFT in a sentence
The Foundation acknowledges and agrees that in the event of any dispute arising under the terms of a SAFT or any other agreement entered into between the Foundation and any Purchaser related to the valuation of the Locked Crypto or the contribution of the Locked Crypto as contemplated under the terms of the SPA, the Foundation will have no claims against the Company, its officers, directors, employees, affiliates, and authorized representatives, of any nature whatsoever.
Enter the number and type of Crypto subject to SAFT terms or other agreements restricting transfer.
More Definitions of SAFT
SAFT means the Simple Agreement for Future Tokens between a Subscriber and the Token Issuer, the form of which is included in the exhibit section of the Memorandum, through which the Token Issuer grants the Subscriber the future right to receive Tokens.
SAFT means an agreement containing a future right to units of Tokens purchased by Purchasers, similar in form and content to this agreement, which a significant portion of the amount raised under the SAFTs may be used to fund the Company’s development of a decentralized application (the “Application”) running on the Ethereum blockchain that enables the Company’s PROPS ERC-20 tokens to be used as rewards for content creators and other digital media contributors that are participating in the PROPS ecosystem.
SAFT means Simple Agreement for Future Tokens.
SAFT means an agreement containing a future right to units of Tokens purchased by Purchasers, similar in form and content to this agreement.
SAFT means an instrument containing a future right to Tokens, similar in form and content to this instrument, purchased by investors for the purpose of funding the Company’s business operations. References to “this SAFT” mean this specific instrument.
SAFT means this Agreement and/or such other agreements entered into by the Company and/or the Project Group containing a future right to units of Tokens, similar in form and content to this Agreement, which a significant portion of the amount raised under all SAFTs will be used to fund the Project.
SAFT means an agreement containing a future right to Tokens in a Qualifying Token Sale.