Cha & Kwon Law Offices provided legal advisory services to Company A which aims to develop a new NFT business utilizing a blockchain platform. Our firm provided comprehensive legal advice ranging from issues related to existing financial regulations to establishing a pioneering platform, as requested by the company.

Since a platform business constitutes an ecosystem in which numerous users and service providers form various relationships, legal review with experts is essential from the business conception stage. Furthermore, if the NFT platform contains elements related to the traditional financial sector, additional considerations may be needed to determine whether it violates relevant regulations.

A significant amount of thorough review and preliminary work is fundamental to applying ideas and technologies to businesses in practice. Consult with Cha & Kwon Law Offices to have any questions on the blockchain platform business answered by attorneys with expert knowledge of the ecosystem and legislation of the industry.