Strong framework for protecting your crypto project

[vc_row][vc_column][vc_paragraph text=”While the new crypto legislation which aims to lay down the rules of crypto assets usage is being discussed you may start your own crypto startup in more crypto friendly jurisdiction.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Steps to get your startup organized ” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”In case the loyal law on cryptocurrencies is adopted it will be one of many similar laws being enacted all over the world in order to regulate the industry.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”While we are waiting till this potentially large legislative framework’s impact is assessed there are other fundamental legal and financial issues necessary to be considered by anyone who starts new crypto business.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”If you’ve got some trading experience you may feel you’re ready to start your own crypto campaign.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Having spent some time developing a good legal and financial framework for your business you may get a more deliberate strategy for protecting your project from the outset.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Insurance against emergency” size=”medium”][vc_single_image image=”542″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Types of insurance vary from jurisdiction to jurisdiction depending on legislation.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”But wherever you start your business we do not recommend that you cut your insurance costs since getting some insurance payments in case of malfunction, distraction or accident will help you to defend assets and avoid financial implications which can be extremely harmful for starters.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”If you recruit staff it’s important to take responsibility for its security and welfare, and also to protect yourself and your finances.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Getting an appropriate business insurance not only guarantees your peace of mind but it will also save your finances in the long term.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Long-term gains’ legal protection” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”In general, crypto startups do not require any special daily costs or overheads. Nevertheless, it doesn’t mean you need to cut down on other fields. Even if this may increase your startup costs, finding a competent lawyer specializing in ICO and securities will ensure long-term benefits to your project.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”In case you are sharing ownership rights ask your lawyer to draw up an agreement on rights and duties of each owner since it will help you to solve all the disputes that may arise.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”And one more piece of advice: register your business as a LLC, this way you take full responsibility for your company.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Build confidence to increase value” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Once you have established legal framework you need to concentrate on promoting your startup and increasing you crypto’s value by means of marketing.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The crypto market is highly competitive, that’s why a unique and effective marketing strategy is indispensable.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”In addition to social media marketing, it is crucial to gain the authority in crypto communities on the Internet. Here you’ll get an opportunity to chat with other traders and companies, discuss the aims of your projects and then get some recommendations. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”As you see, launching your own crypto startup involves a lot of aspects to be considered but the legislative framework and insurance against risks are vital for the project’s success. Building on financial and legal protection, your startup has a better chance of success.”][/vc_column][/vc_row]