Crypto Securities Regulation | Web3 Foundation, Linklaters, Signum Capital | Web3 Wednesdays Ep. 18

Web3 Wednesdays

Jan 4 2023 • 42 mins

Crypto securities regulation is complex. Where should new web3 projects look for guidance on the do's and don't's of digital asset issuance?

We dig in on where massive projects, like Polkadot, are working with regulatory agencies to come to reasonable middle ground on securities classifications. Panelists include:

Angie Dalton, CEO and Founder of Signum Growth Capital (“SGC”), a registered broker dealer member of FINRA. The firm provides M&A advisory services and engages in placements of both private and public company securities. SGC strives to be at the forefront of emerging technologies and new economies in the metaverse, especially mass-market applications underpinned by blockchain protocols, new video game models, art, music and social networks – all things Culture Meets Crypto. SGC serves as the Lead Advisor to the Web3 Foundation, headquartered in Switzerland, and to ARK Invest, headquartered in St. Petersburg, Florida. Ms. Dalton serves on the Corporate Board of esports company FaZe Clan (FAZE-NASDAQ). An affiliate of SGC is an investor in Epic Games.

Daniel Schoenberger, Chief Legal Officer at the Web3 Foundation, the organization behind Polkadot and a number of other web3-forward grant programs and contributions.

Josh Klayman, Head of Blockchain and Digital Assets over at Linklaters.

These participants played a major role in advising or executing arguments around Polkadot’s recent communications with the SEC, which culminated in Polkadot declaring that it had morphed from a security into a software. They each represent deep foundational knowledge around the definition of securities within the digital asset space and what the space needs to move forward.

Angie's Twitter: https://twitter.com/daltonan
Daniel's LinkedIn: https://www.linkedin.com/in/daniel-schoenberger-9107836
Josh's Twitter: https://twitter.com/josh_blockchain
Sam's Twitter: https://twitter.com/SamPeurifoy
Kapital DAO's Twitter: https://twitter.com/KapitalDAO

--------

Listen on Buzzsprout: https://www.buzzsprout.com/2006743/11974930

Watch on YouTube: https://youtu.be/D-fzE4PXZG8

--------

0:00 - Intro
1:15 - Angie, Daniel, & Josh's Backgrounds
5:25 - What is Polkadot?
8:10 - What is a Security? Why Care?
12:45 - Implications of Polkadot's Classification
17:50 - The "Morphing Security/Software"
23:15 - Reactions from Regulators
28:52 - Parallels with Web2
35:00 - Builders Can Meet the SEC in the Middle
36:58 - Impact on Gaming
40:52 - Advice for New Builders

--------

Sam is the CEO of Playground Labs, a web3 venture studio, and  he is a Partner & Head of Interactive at Hivemind Capital, a crypto-focused multi-strategy fund. Follow him on Twitter @SamPeurifoy. Web3 Wednesdays are sponsored by the Kapital DAO, the leading provider of web3 asset management SaaS tools.

The views expressed here are those of the individuals quoted and are not the views of the authors' employers or affiliates. Certain information contained in here may have been obtained from third-party sources, including from portfolio companies of funds managed by the authors' employers or affiliates. While taken from sources believed to be reliable, the authors have not independently verified such information and make no representations about the enduring accuracy of the information or its appropriateness for a given situation. In addition, this content may include third-party advertisements; the authors have not reviewed such advertisements and does not endorse any advertising content contained therein.

--------

#nfts #blockchain #crypto #web3 #smartcontract #gaming #nftgaming #playtoearn #venturecapital #gamedevelopment