Token warrants and simple agreement for future tokens

Token warrants are a form of a derivatives which allow the holder of a token warrant (“Warrant Holder”) to acquire certain blockchain based digital assets of a company (“Tokens”) of the issuing company (“Issuer”) at a pre-agreed price on or prior to the specified expiration date (“Token Warrants”). The Token Warrants provide the Warrant Holder with a right, but not an obligation, to exercise such warrants at certain pre-agreed terms and conditions. Upon the Warrant Holder exercising its right to obtain the Tokens pursuant to the Token Warrants, the Issuer must mint new Tokens equal to the number of Tokens the Issuer has committed to issue to the Warrant Holder.