Lack of history Sample Clauses

Lack of history. Company, Diamante Blockchain GMBH and its affiliates are a start-up entities with no operating history. They will be subject to all of the business risks and uncertainties associated with any new business, including the risk that Company, Company, Diamante Blockchain GMBH or any its affiliates will not achieve the planned intention. Competitive market. Company, Diamante Blockchain GMBH and its affiliates will be operating in a highly competitive market. A number of entities will compete with Company, Diamante Blockchain GMBH and its affiliates to make the types distributed ledger networks that Diamante Blockchain GMBH plans to make. There are no assurances given that the competitive pressures Company, Diamante Blockchain GMBH and its affiliates face will not have a material adverse effect on their business, financial condition, and results of operation. Also, as a result of this competition, Company, Diamante Blockchain GMBH and its affiliates may not be able to hire the best talents on the market. Dependence on the success of the token/coin sale. Company sells DIAM Tokens/coins to prospective purchasers to generate proceeds allowing Diamante Blockchain GMBH develop and deploy Diamante Net. The amount of the funds raised directly affects the possibility and rapidness of Blockchain GMBH's development. The willingness of prospective third parties to DIAM Tokens/coins on Diamante Net not only depends on Diamante Blockchain GMBH being successful in developing Diamante Net but also on general conditions on the markets. If fewer proceeds are generated in the sale of DIAM Tokens/coins than expected, Diamante Net may not or slower be developed by Diamante Blockchain GMBH than currently planned which may have an impact on Company's, Diamante Blockchain GMBH's and its affiliates' business, financial situation, cash flow, and results of operations. Misconduct of employees and of third parties. Misconduct by employees or of third-party service providers could cause significant losses to Company. Employee misconduct may present unacceptable risks and unauthorized development activities (which, in either case, may result in unknown and unmanaged risks or losses). Losses could also result from actions by third-party service providers, including, without limitation, failing to provide its services with reasonable care. In addition, employees and third-party service providers may improperly use or disclose confidential information, which could result in litigation or serio...
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