Risk of Software Weaknesses Sample Clauses

Risk of Software Weaknesses. The token smart contract concept, the underlying software application and software platform (i.e. the Ethereum, Bitcoin blockchains) are still in an early development stage and unproven. There are no representations and warranties that the process for creating the Tokens will be uninterrupted or error-free. There is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of the cryptocurrency and/or the Tokens.
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Risk of Software Weaknesses. You understand and accept that the underlying Software, the Xxxx Exchange, the Smart Contract System and other involved software and technology and technical concepts and theories used for providing the Services are still in an early development stage and unproven, while there is no warranty that the process for receiving, use and ownership of Crypto Assets will be uninterrupted or error-free and there is an inherent risk that the Software and related technologies and theories could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of Crypto Assets. The Company cannot be held accountable for any related losses.
Risk of Software Weaknesses. The token smart contract concept, the underlying software application and software platform (i.e. the Ethereum, Bitcoin blockchains) are still in an early development stage and unproven. There are no representations and warranties that the process for creating the Tokens will be uninterrupted or error-free. There is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of the cryptocurrency and/or the Tokens. SPEED SHOPPER | Token Sale Agreement | P a g e 37
Risk of Software Weaknesses. The token smart contract concept, the underlying software application and software platform (i.e. the Ethereum blockchains) are still in early development stages and are unproven. There are no representations and warranties that the process for creating the Tokens will be uninterrupted or error-free. There is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of the cryptocurrency and/or the Tokens. или пользователей. Компания не намерена и не имеет возможности выступать в качестве цензора для тщательного изучения любых программ и веб-сайтов, которые используют Токены в этих целях. Таким образом, любые виды наказания, штрафы, санкции, репрессивные меры и иные меры регулирования, предпринимаемые любыми органами государственной власти, могут более или менее напугать или удержать существующих или потенциальных пользователей от использования Токенов и владения ими и, следовательно, могут оказать существенное негативное влияние на перспективы Токенов. 1.8. Риски, возникающие при налогообложении. Классификация Токенов с точки зрения налогообложения неясна. Покупатель должен обратиться за налоговой консультацией по вопросам приобретения, хранения, передачи и использования Токенов, которые могут привести к неблагоприятным налоговым последствиям для покупателя, включая, в числе прочего, удержание налогов, перечисление налогов, налоги на добавленную стоимость, налог на прибыль и аналогичные налоги, сборы, пошлины и прочие требования о сборах и налоговой отчетности. 2.4.
Risk of Software Weaknesses because GNO Tokens, OWL Tokens, the OWL Token Generation Interface and the Smart Contract are based on the Ethereum blockchain infrastructure, any malfunction, breakdown or abandonment of the Ethereum blockchain may have a material adverse effect on any of the foregoing. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the foregoing, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum blockchain. The smart contract concept, the underlying software application and software platform (i.e. the Ethereum blockchain) is still in an early development stage and unproven. There is no warranty or assurance that the process for creating the OWL Tokens will be uninterrupted or error-free and there is an inherent risk that the software could contain defects, weaknesses, vulnerabilities, viruses or bugs causing, inter alia, the complete loss of GNO Tokens used to generate the OWL Tokens and/or the OWL Tokens themselves.
Risk of Software Weaknesses. You understand and accept that the underlying Software, the Xxxx Exchange, the Smart Contract System and other involved software and technology and technical concepts and theories are still in an early development stage and unproven, why there is no warranty that the process for receiving, use and ownership of Crypto Assets will be uninterrupted or error-free and why there is an inherent risk that the Software and related technologies and theories could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of Crypto Assets. You agree not to hold the Company accountable for any related losses. § Crypto Asset Risks: Any Crypto Asset may change or cease to operate as expected, which may result in the Crypto Asset being canceled, lost, or otherwise losing all or most of its value. The Company may suspend or cease to support, transfer, or trade any Crypto Asset on the Services at any time, at its sole discretion. Any Crypto Asset may lose all or most of its value owing to several factors, including, but not limited to, the Company’s termination or suspension of support, legislative or regulatory activity, changes to its characteristics, or market factors or manipulation. The Company will notify you by e-mail, unless restricted by law or regulation, of any cessation of support at least 30 days in advance so that you may withdraw the Crypto Asset in question from your Wallet. If you do not withdraw the Crypto Asset from your Wallet, the Crypto Asset may be lost. § Regulatory Risk: You understand and accept that the blockchain technology allows new forms of interaction. There is a possibility that certain jurisdictions will apply existing regulations, or introduce new regulations addressing blockchain technology–based applications, which may be contrary to the current setup of the Smart Contract System and which may, inter alia, result in substantial modifications of the Smart Contract System and/or the Xxxx Exchange, and/or the business model of the Company, including its termination and the loss of Crypto Assets. § Risk of Abandonment / Lack of Success: You understand and accept that the Xxxx Exchange may be abandoned for a number of reasons, including, but not limited to, lack of interest from the public, lack of funding, or lack of commercial success or prospects (e.g. caused by competing projects).
Risk of Software Weaknesses. The technology of crypto-assets and the underlying software applications and software platforms such as the smart contract systems and other involved software and technology and technical concepts and theories are still in an early development stage and unproven and out of our control or influence. There is no guarantee or warranty that the process for receipt, use and ownership of any cryptographic blockchain-based digital information units will be uninterrupted or error-free and there is an inherent risk that the software and related technologies and theories could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of any cryptographic blockchain-based digital information units, in particular but not limited to Crypto-Assets, Funds or any value of any cryptographic blockchain-based digital information units even if the software and systems deployed and under our control function correctly. Many of these technologies or software applications required for the sale, transfer or holding of crypto-assets are neither released by a software manufacturer nor in any other way certified by a central entity such that there would be a person or entity that could be held liable for such defects. You should further note that even professionally developed and/or certified software – which is deployed on the 1T Platform or which you may use to access the 1T Platform (such as your internet browser) – may have vulnerabilities that are neither known by its developers nor its users and thus be subject to hacks or attacks. 1T Netherlands uses custom security certificates issued by third parties (certificate authorities) that will be displayed in certain certified browsers (such as Google Chrome) and that are widely regarded as a security enhancing feature but ultimately cannot guarantee that the security certificates displayed on any of the 1T Platform are valid or correct. Always keeping your mobile application, your internet browser and the underlying operating systems up to date helps to mitigate certain risks and vulnerabilities; but even if a specific security issue is known, it may take a certain period of time until such vulnerability will be addressed and a corresponding software update is available.
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Risk of Software Weaknesses. The Contributor understands and accepts that the underlying software application, any software used for the contribution procedure including the relevant web interface (“Contribution Software”), the Smart Contract System and other involved software and technology and technical concepts and theories are still at an early development stage and unproven. Therefore, there is no warranty that the process for receiving, use and ownership of Tokens and/or any benefits arising from this ownership will be uninterrupted or error-free and which is why there is an inherent risk that the software and related technologies and theories could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of the Contribution Amount, Tokens and/or futures profits (if any).
Risk of Software Weaknesses. The User understands and accepts that the Platform is still in development stage and unproven, why there is no warranty that the process for the actual transferring of cryptocurrencies to the Platform, DAA or other related Services will be uninterrupted or error-free and why there is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of stored cryptocurrencies;
Risk of Software Weaknesses. You understand and accept that the underlying software application and software platform (i.e. the bitcoin and ethereum blockchain) is still in an early development stage and unproven, why there is no warranty that the Services will be uninterrupted or error-free and why there is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of Products.
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