Cris: What does a blockchain lawyer do?
Tamara Rogers, Pithia, Inc.: A blockchain lawyer -- who may be in private practice or in-house counsel -- will look at all of the aspects of blockchain technology and how they intersect with law. Some of that might be the really basic corporate law situations, like forming a company that is a startup. A lot of blockchain companies right now are in the startup phase. The blockchain lawyer may be working on founders agreements and initial investment / seed-round agreements that take into account tokens and providing tokens as opposed to providing equity. So that is a new twist on the traditional startup lawyer job. Another big thing that blockchain lawyers are having to pay attention to is the regulatory atmosphere around all things blockchain. So ICOs (Initial Coin / Currency Offerings) have gotten a lot of press because they are being constantly scrutinized as to whether or not they are a security. A blockchain lawyer, if they are advising a startup or a company that wishes to do an ICO, needs to be well-versed in the law around that or have a connection to a securities lawyer who is. Cris: And just on that point, it seems like it would be extra difficult because all of this is being made up on a daily basis. So for you to be well-versed in all of this, it seems especially challenging. Tamara: It is. (from episode 10 of the Connect To Fans podcast) Comments are closed.
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March 2021
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