Hacker News new | ask | show | jobs
by verdverm 1735 days ago
You should look into your investors' security laws. For example, if you have US investors, you probably need to comply with US securities laws. This venture would fall under the Howey Test here. Using blockchain will not alleviate your legal requirements. IANAL, YMMV

You're far more likely to find a lawyer who knows how to structure this outside of the crypto space. Also, even if you do something with a blockchain, you will still likely have IRL legal and regulatory processes to abide by, at which point the blockchain is redundant and extra work.

I looked into CRE with blockchain with a very successful RE lawyer and we opted not to once the governmental burden was understood. Real Estate seems like one of the more difficult industries to move over because of how many laws, jurisdictions, processes, and existing paper / pdfs there are.

1 comments

I really appreciate your advice and explanation. I will delve deeper into the regulatory frameworks to see if it is feasible to execute it. Thanks buddy.