Secure Funding and Avoid Legal Pitfalls: Advice for Blockchain Companies

• Lisa Rubin, a blockchain attorney with Paul Hastings, recently discussed legal misconceptions the industry still holds at 0xpo Crossroads in San Francisco.
• Kathleen Breitman of Tezos discussed how the Tezos blockchain has used a proof-of-stake mechanism since its inception at Web Summit in Lisbon.
• Clay Robbins, Soona Amhaz, Sarah Guo, and Alex Strzesniewski discussed raising venture money even during Crypto Winter at 0xpo Summit in San Francisco.

As the cryptocurrency and blockchain industry continues to mature and evolve, there is a need for legal advice and guidance to ensure companies in the space are compliant with all relevant regulations. Recently, Lisa Rubin, a blockchain attorney with Paul Hastings, sat down with Decrypt’s Jason Nelson at 0xpo Crossroads in San Francisco to discuss legal misconceptions the industry still holds. Rubin stressed the importance of understanding the risks associated with launching a project in the blockchain space, as well as being aware of the potential legal issues that may arise, such as money laundering and securities law.

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. Breitman also noted that Tezos was one of the first projects to use a proof-of-stake consensus mechanism, which has since become a popular alternative to proof-of-work systems.

Finally, at 0xpo Summit in San Francisco, Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock joined Decrypt’s Jason Nelson for an extensive panel on raising venture money even during Crypto Winter. The panelists discussed the challenges of raising money in a bear market and strategies to combat them, such as focusing on fundamentals, networking, and being patient. They also noted that the bear market has caused investors to be more discerning and selective when it comes to investing in new projects.

Overall, the industry’s need for legal advice and guidance has become increasingly important. As the space continues to evolve, it’s crucial for companies to seek out legal counsel in order to ensure compliance and success. In addition, the bear market has caused investors to be more selective, so it’s important for companies to pay attention to fundamentals and have a long-term vision in order to secure the necessary funding.

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