Token Security Clause Samples
The Token Security clause establishes measures to protect digital tokens from unauthorized access, theft, or misuse. It typically outlines the security protocols, such as encryption standards, access controls, and monitoring requirements, that parties must implement when handling tokens. By setting these requirements, the clause helps ensure the integrity and safety of tokenized assets, reducing the risk of loss or compromise and fostering trust in digital transactions.
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Token Security. Tokens may be subject to expropriation and or/theft. Hackers or other malicious groups or organizations may attempt to interfere with the the Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus- based attacks, ▇▇▇▇▇ attacks, smurfing and spoofing. Furthermore, because the BitBook Protocol rests on open source software and Tokens are based on open source software, there is the risk that the BitBook Protocol may contain intentional or unintentional bugs or weaknesses which may negatively affect the Tokens or result in the loss of Buyer’s Tokens, the loss of Buyer’s ability to access or control Buyer’s Tokens or the loss of any other assets in Buyer’s account. In the event of such a software bug or weakness, there may be no remedy and holders of Tokens are not guaranteed any remedy, refund or compensation.
Token Security. Equity Tokens may be subject to expropriation and or/theft. Hackers or other malicious groups or organizations may attempt to interfere with the Equity Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, S▇▇▇▇ attacks, smurfing and spoofing. Furthermore, because the Ethereum platform rests on open source software and Equity Tokens are based on open source software, there is the risk that Ethereum smart contracts may contain intentional or unintentional bugs or weaknesses which may negatively affect the Equity Tokens or result in the loss of Purchaser’s Equity Tokens, the loss of Purchaser’s ability to access or control Purchaser’s Equity Tokens or the loss of ETH in Purchaser’s account. In the event of such a software bug or weakness, there may be no remedy and holders of Equity Tokens are not guaranteed any remedy, refund or compensation.
Token Security. HILL Tokens may be subject to expropriation and or/theft. Hackers or other malicious groups or organizations may attempt to interfere with the HILL Distribution Contract, the HILL Token Contract or the HILL Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensusbased attacks, ▇▇▇▇▇ attacks, smurfing and spoofing. Furthermore, because the Ethereum platform rests on open source software and HILL Tokens are based on open source software, there is the risk that Ethereum smart contracts may contain intentional or unintentional bugs or weaknesses which may negatively affect the HILL Tokens or result in the loss of Buyer’s HILL Tokens, the loss of Buyer’s ability to access or control Buyer’s HILL Tokens or the loss of ETH in Buyer’s account. In the event of such a software bug or weakness, there may be no remedy and holders of HILL Tokens are not guaranteed any remedy, refund or compensation.
Token Security. LETCOINSHOP Tokens may be subject to expropriation and or/theft. Hackers or other malicious groups or organizations may attempt to interfere with the LETCOINSHOP Distribution Contract or the LETCOINSHOP Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, ▇▇▇▇▇ attacks, smurfing and spoofing. Furthermore, because the Binance platform rests on open source software and LETCOINSHOP Tokens are based on open source software, there is the risk that Binance smart contracts may contain intentional or unintentional bugs or weaknesses which may negatively affect the LETCOINSHOP Tokens or result in the loss of Buyer's LETCOINSHOP Tokens, the loss of Buyer's ability to access or control Buyer's LCS. LCS Tokens or the loss of BNB in Buyer's account. In the event of such a software bug or weakness, there may be no remedy and holders of LETCOINSHOP Tokens are not guaranteed any remedy, refund or compensation.
Token Security. EOS Tokens may be subject to expropriation and or/theft. Hackers or other malicious groups or organizations may attempt to interfere with the EOS Distribution Contract, the EOS Token Contract or the EOS Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus- based attacks, ▇▇▇▇▇ attacks, smurfing and spoofing. Furthermore, because the Ethereum platform rests on open source software and EOS Tokens are based on open source software, there is the risk that Ethereum smart contracts may contain intentional or unintentional bugs or weaknesses which may negatively affect the EOS Tokens or result in the loss of Buyer’s EOS Tokens, the loss of Buyer’s ability to access or control Buyer’s EOS Tokens or the loss of ETH in Buyer’s account. In the event of such a software bug or weakness, there may be no remedy and holders of EOS Tokens are not guaranteed any remedy, refund or compensation.
Token Security. CASE Tokens may be subject to alienation and / or theft. Hackers or other criminal groups or organizations may attempt to cause harm in various ways, including, but not limited to, malware attacks, DoS attacks, coordinated attacks, smurfing and spoofing. In the event of software errors or irrecoverable shortcomings, the holders of CASE Tokens are not guaranteed any legal protection, refund or compensation.
Token Security. The MOM Tokens may be subject to expropriation and or/theft. Hackers or other malicious groups or organizations may attempt to interfere with the MOM Distribution Contract or the MOM Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, ▇▇▇▇▇ attacks, smurfing and spoofing. Furthermore, there is the risk that smart contracts may contain intentional or unintentional bugs or weaknesses which may negatively affect the MOM Tokens or result in the loss of Buyer’s MOM Tokens, the loss of Buyer’s ability to access or control Buyer’s MOM Tokens, or the loss in Buyer’s account. In the event of such a software bug or weakness, there may be no remedy and holders of the MOM Tokens are not guaranteed any remedy, refund, or compensation.
Token Security. XRM Tokens may be subject to expropriation and/or theft. Hackers or other malicious groups or organizations may attempt to interfere with the XRM Token, the XRM Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus- based attacks, ▇▇▇▇▇ attacks, smurfing and spoofing. Furthermore, because the Ethereum platform rests on open source software and XRM Tokens are based on open source software, there is the risk that Ethereum smart contracts may contain intentional or unintentional bugs or weaknesses which may negatively affect the XRM Tokens or result in the loss of Buyer’s XRM Tokens, the loss of Buyer’s ability to access or control Buyer’s XRM Tokens or the loss of ETH in Buyer’s account. In the event of such a software bug or weakness, there may be no remedy and holders of XRM Tokens are not guaranteed any remedy, refund or compensation.
Token Security. MtCoin TOKENs may be subject to expropriation and or/theft. Hackers or other malicious groups or organizations may attempt to interfere with the MTCOIN Distribution Contract, the MtCoin TOKEN Contract or the MtCoin TOKENs in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus- based attacks, ▇▇▇▇▇ attacks, smurfing and spoofing. Furthermore, because the Ethereum platform rests on open source software and MtCoin TOKENs are based on open source software, there is the risk that Ethereum smart contracts may contain intentional or unintentional bugs or weaknesses which may negatively affect the MtCoin TOKENs or result in the loss of ▇▇▇▇▇’s MtCoin TOKENs, the loss of ▇▇▇▇▇’s ability to access or control ▇▇▇▇▇’s MtCoin TOKENs or the loss of ETH in Buyer’s account. In the event of such a software bug or weakness, there may be no remedy and holders of MtCoin TOKENs are not guaranteed any remedy, refund or compensation.
Token Security. Upthinity Tokens may be subject to expropriation and or/theft. Hackers or other malicious groups or organizations may attempt to interfere with the Upthinity Distribution Contract, the Upthinity Token Contract or the Upthinity Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, ▇▇▇▇▇ attacks, smurfing and spoofing. Furthermore, because the Ethereum platform rests on open source software and Upthinity Tokens are based on open source software, there is the risk that smart contracts may contain intentional or unintentional bugs or weaknesses which may negatively affect the Upthinity Tokens or result in the loss of Buyer's Upthinity Tokens, the loss of Buyer's ability to access or control Buyer's Upthinity Tokens or the loss of BTC, ETH, LTC in Buyer's account. In the event of such a software bug or weakness, there may be no remedy and holders of Upthinity Tokens are not guaranteed any remedy, refund or compensation.