-
SAFT vs. Token Warrant: Choosing the Right Instrument for a Seed-Stage Crypto Raise
In the dynamic world of Web3 and cryptocurrency, raising seed funding requires more than just an innovative idea; it demands the right legal toolkit. Traditional equity isn’t always a suitable fit for projects whose primary value lies in a future decentralized protocol and its native token. Against this backdrop, two popular instruments have emerged: the SAFT…
-
Play-to-Earn (P2E) or Gambling in Disguise? Key Legal Risks for Developers
The Play-to-Earn (P2E) model has revolutionized the gaming industry. Projects like Axie Infinity and The Sandbox have shown the world that gamers can do more than just spend time and money; they can own digital assets, earn real-world value, and influence the development of game universes. This tectonic shift has unlocked immense opportunities, but with…
-
What is Know Your Customer (KYC) and why is it essential for cryptocurrency exchanges?
What is KYC?The “Know Your Customer” (KYC) process mandates that financial institutions identify and verify the identities of their clients, as well as understand the nature of their business activities. Traditional KYC involves due diligence measures, ongoing checks, and monitoring as clients use the firm’s services. It’s crucial in finance because criminals use various strategies…
