How is Minting defined in a legal contract?
- Minting means the act of using any machine or device to authenticate. Seen in 2 SEC filings.
- Minting means the process by which [organization] creates Points and credits such Points to a [organization's] Master Account. Seen in 1 SEC filing.
- Minting means utilizing any machine or device to authenticate data, add any block, or record any information or data on any blockchain. Seen in 1 SEC filing.
- Minting means the act of creating an NFT using a specific technology. Seen in 1 SEC filing.
- Minting means the process of creating new tokens under certain conditions. In this context, new Property Tokens are created whenever a new property is offered for sale. Seen in 1 SEC filing.
- Minting means a primary mint on a specific type of blockchain. Seen in 1 SEC filing.
Please note, all organisation-specific names have been replaced by [organization] and all references to specific legal clauses have been replaced by [clause] for the purpose of this summary.
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Minting means the process using certain technology to create, authenticate, and record new blockchain tokens or NFT entities.
Relevant Contract Types
Relevant Circumstances
- When a company wants to launch its own cryptocurrency
- When a company wants to make use of blockchain technology within their services
Relevant Sectors
Genie Definition 2
- Minting means creating and crediting Points to an [organization's] Master Account under certain pre-defined conditions.
Relevant Contract Types
Relevant Circumstances
- When a company wants to implement or update a points system for customers
- When rewards or points are being used as part of a promotional campaign
Relevant Sectors
Minting means the process using certain technology to create, authenticate, and record new blockchain tokens or NFT entities
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