BlockArray - Pre-Sale Registration & Whitelist

This is an "Inital Token Offering" - Tokens issued by BlockArray are utility tokens: meaning they are used to gain acccess to the private and public blockchain, can be used as a "Proof of Stake" to host Master Nodes, and should not be construed as a form of ownership/equity holding/security in BlockArray or its affiliates.

We "BlockArray" or "Issuer of BlockArray Token" : Token "ownership" acts as the licensor of the system, which includes the underlying protocol, as well as the associated rights; (ii) the token holder acts as the licensee, who receives those rights (or a portion of those rights) in order to use the underlying protocol and the overall system; and (iii) any associated rights provided to each token holder are accomplished through the initial issuance of the tokens (akin to negotiating a software licensing contract between two parties).

BlockArray retains all rights of the underlying protocol, use or ownership of the token does not explicitly or implicitly grant any ownership, profit sharing, revenue sharing, etc with the underlying protocol and/or network. This is specific to the ethereum blockchain only and may not be extended to any other "network" "blockchain" "protocol" either public or private that we may participate in or operate.

ERC-20 tokens SHALL be able to exchange or receive new issuance in accordance to their holdings to any new networks, blockchains, so long as those are public in nature.Staking of tokens may require additional KYC/Documentation in order to provide services to businesses.