#ICOReview Denaro is a versatile payment solution that enable users to store
INTRODUCING
DENARO
"Shop online or offline using multi-crypto debit card"
This DNO Token Purchase Agreement (Agreement) contains the terms and conditions that govern use of the ERC20 compatible Denaro token smart contract (the Denaro Smart Contract); and purchase of the ERC20 compatible Denaro tokens distributed on the Ethereum blockchain (DNO Token); and is an agreement between you or the entity that you rightfully and legally represent (Buyer) or (you) and Cryptoshine Limited, a company duly registered and existing under the laws of Republic of GB (Cryptoshine Limited). Buyer, Cryptoshine Limited are herein referred to individually as a Party and collectively, as the Parties.
NOW, THEREFORE, in consideration of the mutual representations, warranties and agreements contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Cryptoshine Limited and Buyer hereby agree as follows:
The hand-picked Denaro team are a collective powerhouse of blockchain enthusiasts and are tenured specialists in each of their respective areas of expertise. Their skills and attributes work cohesively toward their commitment to delivering a solution that will act as a cornerstone in cryptocurrency development and change the world for the better.
DNO TOKEN MAY HAVE NO VALUE. BUYER ACKNOWLEDGES AND ACCEPTS
THAT IT MAY LOSE ANY AND ALL AMOUNTS PAID. Buyer has carefully reviewed, acknowledges, understands and assumes the following risks, as well as all other risks associated with DNO Token (including those not discussed herein), all of which could render DNO Token lost, worthless or of little value:
Purchase Price Risk. The purchase price Buyer pays for DNO Token depends upon the actions of all other users sending ETH to the Denaro Smart Contract during the same period. Everyone sending ETH during the same period receives the same price. It is possible for other buyers to send in a large amount of ETH after Buyer has made a payment, and therefore dramatically increase the price Buyer and everyone else pays per DNO Tokenreceived.
NOW, THEREFORE, in consideration of the mutual representations, warranties and agreements contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Cryptoshine Limited and Buyer hereby agree as follows:
The hand-picked Denaro team are a collective powerhouse of blockchain enthusiasts and are tenured specialists in each of their respective areas of expertise. Their skills and attributes work cohesively toward their commitment to delivering a solution that will act as a cornerstone in cryptocurrency development and change the world for the better.
DNO TOKEN MAY HAVE NO VALUE. BUYER ACKNOWLEDGES AND ACCEPTS
THAT IT MAY LOSE ANY AND ALL AMOUNTS PAID. Buyer has carefully reviewed, acknowledges, understands and assumes the following risks, as well as all other risks associated with DNO Token (including those not discussed herein), all of which could render DNO Token lost, worthless or of little value:
Purchase Price Risk. The purchase price Buyer pays for DNO Token depends upon the actions of all other users sending ETH to the Denaro Smart Contract during the same period. Everyone sending ETH during the same period receives the same price. It is possible for other buyers to send in a large amount of ETH after Buyer has made a payment, and therefore dramatically increase the price Buyer and everyone else pays per DNO Tokenreceived.
There are no guarantees as to the price of DNO Token purchased by Buyer and no guarantees that the price per DNO Tokendetermined each period by the market will be equal to or higher in the subsequent periods of the Denaro Distribution Period. There is the possibility that the price per DNO Tokenin subsequent periods of the Denaro Distribution Period falls below the price paid by initial buyers of DNO Token during the Denaro Distribution Period.
Cryptoshine Limited reserves the right to change the duration of the Denaro Distribution Period for any reason, including, without limitation, bugs in the Denaro Smart Contract or the unavailability of the Website or other unforeseen procedural or security issues.
Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the Denaro Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive DNO Token the same day Buyer sends ETH.
Ethereum Blockchain. The Ethereum blockchain is prone to periodic congestion during which transactions can be delayed or lost. Individuals may also intentionally spam the Ethereum network in an attempt to gain an advantage in purchasing cryptographic tokens. Buyer acknowledges and understands that Ethereum block producers may not include Buyer’s transaction when Buyer wants or Buyer’s transaction may not be included at all.
Ability to Transact or Resell. Buyer may be unable to sell or otherwise transact in DNO Token at any time, or for the price Buyer paid. By using the Denaro Smart Contract or by purchasing DNO Token, Buyer acknowledges, understands and agrees that.
DNO Token may have no value, there is no guarantee or representation of liquidity for DNO Token, and the Cryptoshine Limited Parties are not and shall not be responsible for or liable for the market value of DNO Token, the transferability and/or liquidity of DNO Token and/or the availability of any market for DNO Token through third parties or otherwise.
Token Security. DNO Token may be subject to expropriation and/or theft. Hackers or other malicious groups or organizations may attempt to interfere with the Denaro Smart Contract or DNO Token in a variety of ways, including but not limited to malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing.
Furthermore, because the Ethereum platform rests on open source software and DNO Token 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 DNO Token or result in the loss of Buyer’s DNO Token, the loss of Buyer’s ability to access or control Buyer’s DNO Token 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 DNO Token are not guaranteed any remedy, refund or compensation.
Cryptoshine Limited reserves the right to change the duration of the Denaro Distribution Period for any reason, including, without limitation, bugs in the Denaro Smart Contract or the unavailability of the Website or other unforeseen procedural or security issues.
Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the Denaro Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive DNO Token the same day Buyer sends ETH.
Ethereum Blockchain. The Ethereum blockchain is prone to periodic congestion during which transactions can be delayed or lost. Individuals may also intentionally spam the Ethereum network in an attempt to gain an advantage in purchasing cryptographic tokens. Buyer acknowledges and understands that Ethereum block producers may not include Buyer’s transaction when Buyer wants or Buyer’s transaction may not be included at all.
Ability to Transact or Resell. Buyer may be unable to sell or otherwise transact in DNO Token at any time, or for the price Buyer paid. By using the Denaro Smart Contract or by purchasing DNO Token, Buyer acknowledges, understands and agrees that.
DNO Token may have no value, there is no guarantee or representation of liquidity for DNO Token, and the Cryptoshine Limited Parties are not and shall not be responsible for or liable for the market value of DNO Token, the transferability and/or liquidity of DNO Token and/or the availability of any market for DNO Token through third parties or otherwise.
Token Security. DNO Token may be subject to expropriation and/or theft. Hackers or other malicious groups or organizations may attempt to interfere with the Denaro Smart Contract or DNO Token in a variety of ways, including but not limited to malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing.
Furthermore, because the Ethereum platform rests on open source software and DNO Token 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 DNO Token or result in the loss of Buyer’s DNO Token, the loss of Buyer’s ability to access or control Buyer’s DNO Token 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 DNO Token are not guaranteed any remedy, refund or compensation.
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Original Posted By : Argiyan
Profile BtcTalk : https://bitcointalk.org/index.php?action=profile;u=1031949
Eth Address : 0x6a95D0C986f2F8028Cb97376EE4F22bd4353dBB5
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