Mankun Lawyer | Web3 Project "Amulet": The Legal Documents That Cannot Be Ignored

Many Web3 project parties are busy with technology and financing before launching, but they neglect the foundational construction of legal documents. It is only after issues arise that they turn back to find lawyers to "make up documents," which not only addresses the symptoms rather than the root cause, but sometimes even cannot be remedied. In today's article, we will discuss: What legal documents does a Web3 project need to prepare? What are the uses of these documents? What happens if they are missing? Why must they be customized? What can lawyers actually help you with? And, what unique services can we at Mankun provide in this regard. What legal documents do you actually need? Different project types have slightly varying core documents, but 99% of Web3 platforms cannot avoid the following categories: Why are these documents important? These documents are not meant to be "good-looking," nor are they for show; they are a layer of firewall that you must have in place before going live: Preventing users from retaliating: Without an agreement, once a black swan event occurs, if users claim you did not inform them of the risks, it will be very difficult for you to prove otherwise; Compliance interfaces require: fiat payment providers, cloud service providers, Token issuance platforms, which will check if you have these documents; Basic review items for investors: without these documents, institutional investors will not dare to enter the market; Regulatory spot checks must include: especially in jurisdictions such as Hong Kong, Singapore, Dubai, and the EU, the first step of regulatory review is these texts; Preventing order jumping and plagiarism: the agreement can also design IP protection, prohibit secondary use, authorization restrictions, and other anti-plagiarism mechanisms. What will happen if these documents are missing? Regulated as undisclosed, misleading, and illegal financial activities; in case of disputes, the platform finds it difficult to be exempt from liability or claim limited compensation; refused integration or forced delisting by upstream partners (such as payment interfaces, cloud services); identified as posing risks of securities issuance in the Token secondary market or strategy profit-sharing; in severe cases, it may also be classified as a high-risk service website and blacklisted. Why can't these documents be "copied from a template" or "generated by AI"? Many projects take shortcuts, casually copying a set of protocols from other projects or letting AI generate a template to go online, resulting in: The template logic does not match your own business, with content full of loopholes; risk warnings are insufficient, and users can retaliate at any time; legal references are not suitable (for example, GDPR applies to Europe, but you have only Asian users); more frighteningly, the document you are using may have already been sued, and you are completely unaware; the core of legal documents is not "whether there is" but "whether it is correct" + "whether it can hold up in court." What can a lawyer really do for you? As a top-tier Web3 practical lawyer, what we provide is not "documents", but "solutions": Clarify your business structure and risk points (compliance, user behavior, regulatory boundaries); draft all internal and external documents, including but not limited to user agreements, Token agreements, white paper disclosures, risk control statements, etc.; embed clauses such as anti-money laundering (AML), KYC, non-security disclaimers, etc., to enhance regulatory resilience. Assist in designing the "signing mechanism" to ensure legal validity (e.g., click to agree, on-chain record); Provide supporting legal opinions and compliance statements to meet the requirements of third-party/regulatory/bank connections. What is different about the Mankiw Law? We are not lawyers who create "one-size-fits-all templates"; what we provide are truly "customized texts for projects that can be put on the blockchain, can interact, can explain, and can be litigated." Familiar with various business models of Web3, no need for repeated explanations; deeply track Web3 compliance policies in regions such as Hong Kong, Singapore, Cayman, Dubai, the EU, and the USA; years of real project experience in Token issuance, trading platforms, AI+Web3, RWA, etc.; able to provide supporting suggestions for your text landing scenarios, such as UI design tips, compliance of page structure, and risk control of registration paths. We know that you are not doing it "to show it to the lawyers", but rather to "launch it, raise funds, list it, negotiate partnerships, and sign investors". Every word we say is "practical + risk-averse". Conclusion: Before the launch, make sure to cover this legal document responsibility well. Technology runs fast, but regulation catches up even faster; no matter how new the business is, it must adhere to the legal bottom line. Don't wait until something goes wrong to supplement the documents. By then, not only will you need to supplement the legal texts, but you'll also have to deal with user claims, account freezes, regulatory fines, and even criminal risks. Every word and every page before going live is a contract between you and the world. This "contract" is the first firewall of your Web3 product. If you are preparing to launch a project, issue tokens, go overseas, or raise funds, feel free to chat. Clearly outlining the rules is the beginning of your long journey.

Original Author: Lawyer Shao Jiadian