Virtual Asset, NFT Airdrop Event Consultation

Client A, as a provider of virtual asset-related services, requested legal advice to hold an event to airdrop virtual assets/NFTs by drawing lots for users.

In the case of airdrop events, even if the prize is a virtual asset/NFT, personal information processing is accompanied, so it is necessary to carefully examine when personal information is collected and provided to third parties, what information is essential, and how personal information processing policies are prepared. In addition to obtaining the consent of the information subject, methods of delivering personal information processing to users in an easy-to-understand manner while complying with legal regulations should also be considered.

Cha & Kwon Law Office is a law firm specializing in virtual assets and provides legal advice services suitable for the services that clients want to operate.