Digital Asset Crypto Lawyer Tutorial Page
Education Topics for Web3 Trial Attorneys
Goals for Crypto Business Lawyers
Represent blockchain / cryptocurrency businesses. This involves:
Blockchain Legal Advice
General Counsel legal advice. Acting as a lawyer for corporate officers solving crypto legal issues.
Adding Value
Increasing the value of the crypto business to investors, for mergers, and acquisitions.
Reducing Risk
Anticipating and Preventing Problems. Reducing the risk of crypto businesses.
FINTECH
General Counsel
Offer general counsel legal services for cryptocurrency and blockchain businesses. Some small and medium sized businesses choose not to have an in-house legal department but rather employ lawyers with experience across multiple businesses. This is “fractional general counsel.” Either way, the lawyer should use his specialized experience to solve the problems of the business. Find, hire, and manage outside counsel to solve the remaining challenges, all to benefit the client.
Crypto
Company Formation
Investors and Government Regulators look at the document filings of the client when judging the business. The quality of the business documents directly affects the value of the business. The documents drafted by the lawyers will affect how how the business client fares when “crypto winter” storms threaten.
Common errors are made when a business is formed. Employees download “form” documents thinking they are all the same, only to later have the business in serious trouble.
IMMEDIATE-FAST IMPROVEMENTS
SPACs – Special Purpose Acquisition Corporations
Crypto Business
Licenses
Operating
Agreements
Stock
Certificates
DAO Decentralized Autonomous Organization “legal wrappers,” corporate structure, and formation.
Articles of Incorporation (a.k.a. Certificates of Formation a.k.a.
Articles of
Organization)
Licenses for Individuals (SEI, Series 7, Series 3, Series 57,
Series 63,
Series 65)
By-Laws
Add Value
for Investors
Reduce Risk
Businesses that are up and running should increase their worth and avoid legal risks
New Customer / Investor Applications
Custom Contracts
PIIAA - Proprietary Information and Invention Assignment Agreement
SAFT – Simple Agreement for Future Tokens
Founder's Agreement
SAFE – Simple Agreement for Future Equity
Tokenization
of
Real World Assets
AML - KYC - KYT Anti-Money Laundering - Know Your Customer
NCA - Non-Compete Agreement (Covenant Not to Compete, or Restrictive Covenant)
NDA - Non Disclosure Agreement (Confidentiality Agreement)
SEC Securities and Exchange Commission - CFTC Commodity Futures Trading Commission - Compliance
Recovering Scammed or Stolen Crypto
Crypto EXCHANGE ISSUES ADDRESSED
Security Token Offering (“STO”)
Initial Exchange Offering (“IEO”)
Decentralized Finance (“DeFi”) Tokenization
Real Estate & Real World Asset ("RWA") Tokenization
International Offerings, IPO
NFT - Digital Collectables
ATS - Alternative Trading System - Registration - Compliance
Token Letter – Legal opinion letter to list a crypto token on an exchange
HOW TO DIFFERENTIATE YOUR SERVICES
Superior experience in quality and quantity should mark your difference.
Investor Funding SEcured
Crypto businesses typically complete several funding rounds. Part of the jopb of the general counsel is to help increase funding amounts, smooth the transaction process, lead the client to legal compliance, and deal with the problems that arise.
