Founders

First, no legal advice. Second, it depends. Now legalese aside, let’s dive into your questions 👇

1. What defines a centralized vs. decentralized project?

No one really knows. An important SEC official dropped the term “sufficiently decentralized” in a 2018 speech, and ever since, law firms have been using it to sell legal opinions to token issuers.

I do recommend reading this memo on the YFI token launch by a brilliant US lawyer. It dives deep into the concept of decentralization:

https://metalex.substack.com/p/why-yfi-are-not-investment-contracts

Public request to emerging crypto founders:

What are your top legal challenges?

We will build to solve them for you at: https://www.skala.io/crypto-startups.

What we already have (✅) and upcoming features (🛠):

— Offshore incorporation (BVI, Panama, UAE) ✅
— Fundraising templates (SAFT, Token Warrants, Public Token Sale Terms) ✅
— Crypto-specific legal templates ✅
— Integration with banks 🛠
— Integration with crypto accountants 🛠

If you have any legal questions, start here:

Public request to emerging crypto founders:

What are your top legal challenges?

We will build to solve them for you at: https://www.skala.io/crypto-startups.

What we already have (✅) and upcoming features (🛠):

— Offshore incorporation (BVI, Panama, UAE) ✅
— Fundraising templates (SAFT, Token Warrants, Public Token Sale Terms) ✅
— Crypto-specific legal templates ✅
— Integration with banks 🛠
— Integration with crypto accountants 🛠

If you have any legal questions, start here: https://warpcast.com/buzko/0xa04b9c7f

building skala.io, partner at buzko.legal

i wish we had this last year lol, would’ve saved us so much 💰and 🧠