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antonosika

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Aug 9th, 2014
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  1. Future Delivery Contract
  2. For the Alleged Future Cryptocurrency "Ethereum"
  3.  
  4. This agreement entered today, the 10th of August 2014, between
  5. The Long Party, antonosika, signature fingerprint of record 71A1EC4E1B6C7DD853FD856C86AC5789F93ED2E7
  6. The Short Party, Mircea Popescu, undersigned as 6160E1CAC8A3C52966FD76998A736F0E2FB7B452
  7.  
  8. For the purpose that the Long Party shall deposit in Short Party's Bitcoin address 1JPvucRfu3ZzEvfBUQTJwsxMrZjeTqD6zR the sum of 3 BTC no later than 11th of August 2014, midnight GMT ; And that the Short Party shall deliver to the Long Party in a manner to be agreed upon thence the sum of 15`000 ETH coins on March 15th, 2015, before midnight GMT, provided that the direct buyers of the alleged future cryptocurrency Ethereum are delivered the ETH as promised ; and that ETH trades in total value of at least 100 BTC at reputable markets prior to the date of delivery.
  9.  
  10. If the provided requirements are not fulfilled, delivery is postponed 1 (one) month.
  11.  
  12. Delivery will further be postponed 1 (one) month at a time until ETH is trades in total value of at least 100 BTC at reputable markets before the latest date of delivery.
  13.  
  14. If the scheduled release of the alleged future cryptocurency Ethereum is delayed, the Long Party may choose to recieve a public traded contract that has equivalent value of holding ETH provided that such a contract trades in total value of at least 100 BTC on a reputable market.
  15.  
  16. The Short Party may choose to deliver to the Long Party the worth 15'000 ETH in BTC at the date of delivery, provided that the Short Party gives notice about this 1 (one) week in advance ; and that ETH (or an equivalent contract) trades in total volume 15'000'000 ETH on reputable markets. The worth of the delivery in BTC is decided by the 1 week average price for 1 ETH-equivalent and accounting for the exchange fee that the Long Party would have to pay to aquire 15'000 ETH (or equivalent contract) with BTC - taken as the exchange fee on the largest exchange trading ETH and BTC.
  17.  
  18. If delivery would be postponed after March 15th, 2016, midnight GMT, the contract is instead expired.
  19.  
  20. This contract may be extinguished by signed agreement among the parties prior to March 15th, 2016.
  21.  
  22. The Long Party will recognize assignments of this contract, but only if such assignments are integral, signed by the current holder and registered through confirmed notification in #bitcoin-assets on Freenode.
  23.  
  24. This contract is a matter of public record and serves as an invoice for Long Party's payment.
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