Result
The game launched on schedule
The client received a multi-jurisdiction map of requirements and a ready package of licence agreements.
The client’s task
The startup was preparing to launch a blockchain game with in-game assets and planned to operate in several countries. It needed to understand which licensing requirements applied to the game and its tokens in each jurisdiction, and to prepare a contractual framework for partners and users.
Challenges and risks
- Different requirements for gaming and digital assets in each country
- Risk of in-game tokens being classified as financial instruments
- No ready-made licence agreements for a multi-jurisdiction model
What we did
- Advised on the laws of several countries
- Drafted licence agreements for users and partners
- Protected the client’s interests in negotiations with counterparties
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