The success of an Initial Coin Offer (ICO) depends on different factors. One such important factor is the legal assessment of the project. Despite the fact that the blockchain industry is unregulated, it is important to be sure that your project is not breaking any law. ICO legal advisor provides services that assist blockchain and ICO projects in avoiding any legal issues that can compromise the entire project. The platform helps ICO projects protect their interests and the interests of its investors.
Services Offered By ICO Legal Advisor
The platform offers the services below:
1. White Paper Legal Assessment
The team will prepare the terms and conditions of your white paper. The platform also offers the legal assessment of the entire whitepaper and gives advice related to the legal issues and risks of the project. Courts, investors, and regulators rely on the whitepaper to understand how the token will work and ICO Legal Advisor coordinates its processes with the technical team and advisors to come up with a functioning business and token model.
2. Token Model Review
The platform will give you a legal assessment and a complete review of the token model adopted by your ICO project. This ensures that your project complies with existing law and regulations. The team will also suggest remedies for any potential issues.
3. Regulatory And KYC/AML Aspects Evaluation
ICO Legal advisor will conduct a security check to ensure your ICO complies with all possible regulations that are in force. The platform also verifies if the issuing of your new coin needs any prior authorization from any financial authority. The platform also verifies if your token will be considered as a payment token, utility token, or asset token. The ICO Legal Advisor also provides a legal review of the KYC model adopted by the ICO.
4. Terms And Conditions Of The Token Sale Agreement
The platform will assist you to draft your terms and conditions and the token sale agreement that will be used in your ICO project. The team takes into account all the relevant jurisdictions and applicable laws for the private or public token sale.
5. Intellectual Property Protection
The ICO Legal Advisor team assists ICO projects with their global registration and the protection of their new and existing intellectual properties including domain names, trademarks, copyright, trade secrets, and patents to ensure the enforcement of any possible intellectual property right.
6. Company Structure And Tax Evaluation
The team at ICO Legal Advisor will help you evaluate the most appropriate company structure for your project. The team further advises on the possible tax treatment of the company chosen for the ICO project, the founders, and any other subject holding the tokens issued with the ICO.
7. Company Setup
The team will assist you with the incorporation, administration, and management of the company to make it possible to run the ICO project. The platform through its partners will also help with the ICO project tax declarations, accounting, insurance, domiciliation services, insurance services, payroll, and payments.
8. GDPR Compliance
The team at ICO Legal Advisor checks if the ICO project complies with the General Data Protection and Regulation (GDPR) requirements.
9. Legal Opinion
The team provides clients with legal opinion and due diligence regarding the ICO project compliance with the local and international law regulations.
10. ICO And Commercial Agreements
The team will assist you in the drafting and review of all the ICO related agreements including financial, employment, and advisory agreements.