Juristically speaking, contracts are the lifeblood of any business. Crypto startups are no different. Right from incorporation they need to enter into a multitude of agreements for internal as well as external functioning. They must enter into contractual relations both with natural persons (employees, partners, directors, promoters etc.) as well as juristic entities (third parties, service providers, creditors, customers etc.) in order to clarify their rights and obligations in light of applicable laws.

Well-designed contracts must strike a delicate balance between long-term goals and day-to-day conveniences. They must not only foresee, and guard against, extant legal risks, but also have a keen eye on emerging regulatory developments in the space.