• Fintech lawyer Lisa Rubin discussed the importance of seeking legal advice before launching a crypto company.
• The Crypties 2022: Highlight Reel was held in December 2022 at Art Basel in Miami.
• Kathleen Breitman talked about Tezos‘ proof-of-stake mechanism and NFT gaming at Web Summit in Lisbon.
Fintech Lawyer: Crypto Companies Need to Seek Legal Advice Before Launch
With the crypto industry growing at a rapid pace, it is becoming increasingly important for crypto companies to seek legal advice before launching. Lisa Rubin, a blockchain attorney with Paul Hastings, sat down with Decrypt’s Jason Nelson at 0xpo Crossroads in San Francisco on November 3 to discuss legal misconceptions the industry still holds.
Rubin noted that many crypto companies fail to plan ahead and think through the legal implications of their product. She stressed the importance of seeking legal advice early on and making sure that the company is compliant with all relevant laws and regulations. Rubin also warned against tokenizing real-world assets without proper legal advice, as this could lead to serious legal consequences.
In December 2022 at Art Basel in Miami, Decrypt Studios held the inaugural Crypties awards gala. With emcee Josh Ostrovsky („The Fat Jewish“) and presenters from a range of crypto projects, statuettes were awarded in nine categories. The evening was sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.
At Web Summit in Lisbon, Tezos co-founder Kathleen Breitman discussed how the Tezos blockchain has used a proof-of-stake mechanism since its inception, her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming with Decrypt’s Stephen Graves onstage.
The final panel of the day was a discussion about raising in a bear market, featuring Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, and Andrew Kiguel of Conviction and AngelBlock. They discussed the challenges of fundraising in a bear market and how to ensure the sustainability of a project.
It is clear that the crypto industry is growing exponentially and the need for legal advice is becoming more and more important. Companies must do their due diligence and seek legal advice before launching their projects, as this could save them from potential legal issues down the line. Finally, events such as the Crypties, Web Summit and 0xpo Crossroads provide valuable insight into the industry, and allow industry participants to network and gain knowledge.