Crypto regulation

Who Will Regulate Your Crypto and How

The past two weeks have seen a flurry of proposed regulatory activity in cryptocurrency. Governments around the world are making a sustained push for regulation similar in form and scope to regulations in more traditional financial markets. Many are now wondering who will regulate my crypto, and how do they plan to regulate it? Who

NFT Contracts

NFT Contracts

Recently we have been drafting and reviewing NFT (non-fungible token)-related contracts for our clients. Some of our projects involved operating agreements for NFT companies and their owners. Others involved contracts for NFT companies with their investors or consultants. And because NFTs are intellectual property, we have also been involved in registering trademarks and preparing agreements

Legal Issues With DAO Entity Formation

People all over the world have started or joined a DAO (decentralized autonomous organization) without thinking about the potential legal entity ramifications in the DAO’s structure. These foundational issues need to be discussed and determined by DAO organizers, developers, members, and investors. “Jurisdictional arbitrage” is an emerging term of art used to describe this process

Questions Lawyers Ask When Starting a DAO

Advancements in technology have given rise to new quasi-business organizations known as Decentralized Autonomous Organizations (DAOs). DAOs are fluid and often international in scope. They are minimally regulated in some jurisdictions, with most jurisdictions still wrestling with preliminary regulatory questions. Many people join DAOs and form DAOs without a strong grasp of the potential legal

What IP Rights Are Present in NFTs

What IP Rights are Present in NFTs?

Harris Bricken attorneys Jonathan Bench and Fred Rocafort sat down again to discuss Non-fungible Tokens (NFTs) and the legal issues common to their creation and transfer. Check out the last conversations HERE and HERE. A transcription of this talk can be found below. NFTs inherently contain some copyright rights in digital information, but they do not automatically confer

China and Web3

Looking to Score: Web3 and Soccer

In a sign of Web3’s mainstreamization, companies in the space are sponsoring soccer teams. For readers not familiar with the topic, soccer sponsorships are a really big deal. Spain’s Real Madrid gets €70 million a year from Emirates to display the airline’s name on their shirts. The Dubai-based airline, by the way, sponsors three other

Dao Entities

Key Considerations for a DAO Legal Entity Type

We have been writing and making videos discussing some of the legal basics around DAOs, such as the various DAO legal entity types and governance. DAOs seeking to register a legal entity encounter challenges. These challenges are present because many of the current options for legal entity structures were designed for centralized operations — which

NFT Legal Do's and Don'ts

NFT Legal Do’s and Don’ts

Harris Bricken attorneys Jonathan Bench and Fred Rocafort sat down again to discuss Non-fungible Tokens (NFTs) and the legal issues common to their creation and transfer. Check out the last conversation HERE. A transcription of this talk can be found below. When dealing with NFTs, pay attention to the relevant contracts, whether they are smart contracts or traditional

Lawyer's Perspective: What is an NFT

A Lawyer’s Perspective: What is an NFT?

Harris Bricken attorneys Jonathan Bench and Fred Rocafort sat down to discuss Non-fungible Tokens (NFTs) and the legal issues common to their creation and transfer. A transcription of this talk can be found below. NFTs (non-fungible tokens) are digital assets, defined by Merriam-Webster as “a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain,