Choosing a Token-friendly Country and Registering a Token Company
Stage 3. Token Initial Issuance and Distribution
What’s the purpose of this task?
You will need these legal works to define legal status of your token and legal requirements for its issuance and distribution.
Why do I need to complete this task? What will it allow me to do?
This will help you to:
• Define whether your token is a utility, payment, asset-backed, security, or governance token
•
Clarify the regulatory and legal requirements for issuing and distributing your token
• Prepare a
Token Cap Table and a Token Distribution Plan
When do I need it? When is the best time to do it?
Before you start publishing any token-related documentation (e.g. White Papers, Tokenomics, etc.).
How should I do it? Are there any best practices?
A detailed token legal analysis should be prepared to understand the legal qualification of tokens in different markets and any relevant regulatory restrictions of token distribution in those markets.
What’s important to remember for this stage?
As token regulations differ from country to country, it's recommended to focus first on the country where most of your investors and token holders are expected to come from, and with consideration of whether a token company will be registered.
How much time does it usually take?
This can usually be completed within 1 to 2 weeks, however actual times vary depending on individual project requirements.
Prices for this task start from USD $1500
Prices for add-ons are indicative only. Final prices vary and are set by service providers from the Legal Nodes Network.
Add-ons are only available with a monthly plan from Legal Nodes.
Legal Nodes does NOT provide legal services. Instead, we provide Virtual Legal Officers to orchestrate your legal workload and manage relationships with your service providers. Plans start from $499 per month and gives you access to the Legal Nodes Network of service providers and add-ons, including this one!
