Legal Case Study of a Web3 Startup

24/08/2023 54 min Temporada 1 Episodio 16
Legal Case Study of a Web3 Startup

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Episode Synopsis

In this edition, we explore legal intricacies with Orrin Campbell, the founder of QSTN, a web3 alternative to Google Forms. He is joined by Ruslan Usmanov, the founder & managing partner at tx.legal and an expert in web3 law. Together, they tackle the pressing legal questions that every startup founder faces.📌 Topics we discussed:00:00 Intro1:04 Introduction to Guest 12:51 Introduction to Guest 23:48 Compliance status of QSTN4:57 AI-generated legal documents, such as primary policy user agreements7:08 Distinction between cryptocurrency and virtual credits8:20 Trends in the United States business landscape10:28 Differences between patent and intellectual property law11:54 Current trends in patent law in Web 3 among major players15:17 Value in selling or licensing QSTN patents18:09 Acquiring patents for your business and selling them to interested parties in Web 2 or Web 320:51 Recommendations for launching a web3 startup in an offshore jurisdiction23:32 QSTN's registration location27:13 QSTN's experience operating within the United States33:33 Determining if virtual credits can be considered securities36:25 Handling user data in accordance with local data laws37:51 How business architecture can reduce risks associated with data misuse41:31 Does QSTN need a money transmitter license to accept fiat?45:35 Offering redeemable sikaproof as rewards that unlock phones under MSB regulations46:35 Should a Web 3 startup provide legal documents to assist users with tax filing?48:08 Is it wise for international web3 startups to liaise with local financial agencies to ensure compliance?53:27 Key takeaways from the entire interview54:14 Legal and compliance advice for web3 startupsFollow XFOUNDERS:Website: https://is.gd/B7kQ0rTelegram: https://t.me/XFounders_EN Medium: https://medium.com/@XFounders Linkedin: https://www.linkedin.com/company/x-fo...XFounders is a bootcamp for ambitious founders backed by Polygon, Avalanche, dYdX, AWS, ICP, Mastercard and many more.P.S. ⚡️ Our offline bootcamp is fast approaching⚡️📆 September 1 - October 2, 2023📍 Antalya, Turkey➡️ Apply through the website: https://is.gd/B7kQ0r

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