wbnns.base.eth 🔵
@wbnns
I've worked in crypto for 12 years, talking to builders and founders weekly. A recurring issue is the lack of legal/regulatory clarity. This uncertainty keeps many top web2 devs from building onchain -- it’s just easier to stay in web2. Here are the tough questions people are asking: 1. What defines a centralized vs. decentralized project? 2. Best jurisdiction to incorporate a crypto startup? 3. Does D&O insurance cover crypto startups? Other must-have policies? 4. How to minimize legal fees as a pre-revenue startup without cutting the wrong corners? 5. Key traits in a legal advisor for crypto? 6. Beyond securities risk, what legal pitfalls should founders watch? 7. Is a foundation required to launch a governance token? 8. What makes an ERC-20 or ERC-721 a security? 9. What makes someone a token issuer? Do all tokens have one? 10. What should I do? We need risk-averse standards and answers to these questions to bring the world onchain.
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Vinay Vasanji
@vinayvasanji.eth
cc @buzko great set of questions to cover in /legal
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Roman Buzko
@buzko
Solid list, working on it 🫡
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