Decentralised Finance (DeFi)

Legal advice on international corporate structuring.

Assessment of the anticipated project activities, requirements and objectives. Development of an efficient corporate structure, taking into account potential regulatory and compliance implications.

Basic tax planning and advice.

Company formation, establishment of the legal entities and corporate vehicles anywhere in the world, including in the US, UK, Switzerland, Singapore, Hong Kong, UAE, countries of the EU and Asia.

Drafting corporate documents. Corporate governance. Structuring the relationship between the founders and shareholders.

Structuring of international money flows and transactions between the entities of the group, drafting relevant contracts and documentation.

Opening bank accounts and accounts with payment service providers.

Advising on the anticipated fundraising activities, determination of valuation and other commercial terms of the investment transaction. Advising on the availability of different raising options and instruments.

Structuring the round of financing, development of the necessary corporate resolutions, investment instruments, investor agreements, etc.

Structuring the token private sale (presale), development of SAFTs, token warrants or other token sale instruments.

Structuring the equity offering, drafting SAFEs, share subscription agreements, convertible or other investment instruments.

Structuring mixed rounds of financing involving both equity and token offering.

Designing procedures for the AML/KYC and KYT checks, PEP and sanction screenings. Composing the list of restricted jurisdictions. Advising on the implementation of KYC software. Conducting the KYC checks, supporting potential investors.

Facilitating the round of financing, representation, negotiations, execution of the transactional documents.

Advising on the applicability of securities laws and VASP regulations, exemptions available, compliance and regulatory matters.

Assessment of the token design, advising on the tokenomics, token parameters and utility, and the manner of offering.

Review of the whitepaper, project website, documentation and other public materials relating to the token and its offering. Preparation of legal disclaimers, risk disclosure statements, legal notices for the public materials.

Legal advice and recommendations on the marketing and PR campaign.

Legal advice on and structuring of the token allocations, drafting the requisite legal agreements and documents.

Advising on the regulatory and compliance issues.

Structuring the issuance (creation) of the token.

Legal structuring and support for the public token offering, including in the form of airdrop, IEO, IDO, launchpad offering, LBP, etc. Public sale legal design, advising on the token sale terms, drafting the necessary token offering documents.

Legal advice on the token distributions.

Legal review and assessment of the products developed or provided by the project, development of comprehensive legal strategy for the products.

Regulatory assessment and analysis. Addressing legal, compliance and security issues arising in connection with the release or operation of the product.

Product legal structuring. Development of the necessary user documentation, which may include the Terms of Service, Privacy Notice, Risk Disclosure Statement, Legal Notice, etc., as applicable.

Providing instructions on the implementation of the user documentation within the products, collecting user consents, placement of disclaimers, etc.

Drafting the list of restricted jurisdictions where operating the products may pose substantial risks for the project, advising on the methods and instruments that should be employed to restrict the access, etc.

Review of the language used within the product interfaces and in the project public documentation; providing suggestions on the required amendments.

Collecting, structuring and managing the project IP.

Legal advice on structuring and managing the company’s most valuable assets.

Assessment and structuring of the cash flow within the project.

Assistance with the registration of the project trademarks.

Advice on managing project infrastructure.

Review of the project GitHub repository to identify third-party elements used in the product and assess their licensing terms. Ensure compliance with open-source licences, restructure the repository if needed to avoid third-party rights issues.

Advising on the licensing of the product source code, including on the use of semi-open licensing options like BSL 1.1 to protect against potential forks.

Structuring relationships with the project directors, officers, employees, contractors, and advisors.

Preparation of employment contracts and advising on determination of the applicable employment terms.

Drafting the contractor agreements and advising on determination of the applicable commercial terms.

Structuring token and equity incentive plans, developing token/equity allocation agreements, option agreements, etc.

Development of the employee and contractor onboarding procedures.

Payments. Payroll.

Development of the regulatory and compliance strategy for the project and products provided, including DeFi protocols, platforms, dApps, liquidity aggregators, etc.

Identifying the most suitable and efficient compliance approach to the product structuring, advising on the steps to be taken to mitigate major regulatory risks, providing recommendations on related organisational and technical aspects.

VASP, AML/CTF, securities and financial regulations compliance.

Data protection, privacy and GDPR compliance.

Government relations.

Advice on the matters relating to transitioning to a DAO.

Advice on the use of the DAO as a legal instrument for mitigating certain legal and regulatory risks and exposure.

Releasing the DeFi products via the DAO in a so-called ‘DAO launch’.

Advice on the sufficient decentralisation requirements, DAO governance mechanisms, etc. Assistance with the development of the DAO structure, including sub-DAOs and committees.

Designing and forming the necessary legal wrappers for the DAO (via daobox).