Blockchain lawyers for blockchain projects. We offer you expert legal advice for the implementation of distributed ledger technology in companies and public administrations.
Crypto businesses need lawyers who understand the blockchain
Benefits of blockchain technology
The blockchain is set to be revolutionary in businesses. Its main benefits include the following:
- The immutability of the information (it is almost impossible to modify the information on the network);
- Distributed custody (no one owns 100% of the network, as different users store different nodes of the network containing up-to-date copies of the information);
- The resilient nature of the network (blockchain is somehow fault-tolerant because if any part of the blockchain fails, the network can continue to work with the latest available version of the information);
- It offers trust between strangers (as it works on the basis of the participants’ consensus on the content of the information);
- There are a multiplicity of applications and uses for this technology, such as digital identity, cryptocurrencies, asset tokenisation, smart contracts, NFTs, metaverse, etc.
Find out about our legal services
As lawyers specializing in blockchain technology, in Algoritmo Legal we offer you the following services:
- Legal advice on cryptoassets and tokens. Learn about the legal obligations in terms of advertising, stock market, consumer rights, etc. involved in creating and launching a currency token, utility token or security token on the market. If you are looking to obtain financing for your company through an ICO, we will prepare the white paper and guide you through the entire process.
- Preparation of whitepapers. We design and draft the white paper for the cryptoasset provider acting as a public issuer of a token.
- Compliance with regulations on the prevention of money laundering and terrorist financing. If you intend to operate in Spain as a crypto-exchange or electronic wallet custodian, we offer you legal advice on the preparation of all the necessary documentation required by the Bank of Spain, including the design of the compliance plan and the manual for the prevention of money laundering and the financing of terrorism in order to register your company as a provider of virtual currency exchange services for fiat currency and/or a provider of electronic wallet custody services.
- Creation and commercialisation of NFTs or non-fungible tokens. We carry out the legal study of NFT projects. We advise you during the process of tokenisation of art works, whether physical or digital, and of any other digitally represented asset such as images, videos or music. We take care of all the contractual aspects of the operation. In addition, we assist you in the process of selling the token in auction houses and NFT buying and selling platforms, and in the management of royalties.
- Advice on the creation of decentralised autonomous organisations (DAOs) for the holding of NFTs or the management of other digital assets through a smart contract that defines the rules of their operation.
- Crypto scams. If you have been the victim of a scam or other crime by individuals or companies operating in the crypto world, we can help you.
- Cryptocompliace. We design criminal compliance plans for companies that use cryptoassets in their business models and help them prevent the commission of cryptocrimes that can be committed within these organisations.
- Tokenization of real estate and other assets. As blockchain lawyers, we advise you throughout the entire process of asset tokenization that you wish to implement.
- Legal advice related to cryptocurrency exchange platforms, token marketplaces and the metaverse. We study the terms and conditions of platforms, marketplaces and metaverses. We draft the contracts that bind crypto-platforms and metaverses with users, as well as design contracts between people interacting within metaverses and those who sell and buy properties in such virtual environment.
- Claims arising from poor execution or scheduling of a smart contract and manipulation of oracles. After studying your case thoroughly, we will design the appropriate procedural strategy adapted to your particular situation.
- Legal claims in the metaverse. We advise you if you have been a victim of intellectual property infringement or trademark infringement, etc.
- Advice on the creation of meta-insurance for meta-risks. This service is especially useful for insurance companies and insurance brokers.
- Second opinion: Looking for a second opinion on a complex or controversial issue? We can help you.
What do we guarantee as blockchain lawyers?
- Personal, transparent and professional service.
- Guaranteed technical knowledge and experience.
- Absolute confidentiality.
- Although we are based in Spain, we can help you if you are anywhere else in the world.
- Permanent contact with your blockchain lawyers.
Successful cases
- Legal advisors responsible for the legal viability of the smart will project of the companies Mi Legado Digital and Tuilli, admitted to the Spanish financial sandbox in 2021 and validated by the Spanish General Directorate of Insurance and Pension Funds.
More information in: https://www.abogadosdeblockchain.com/en