Quote from: zasad@ on Today at 10:30:18 AM

Quote from: plasmid on May 09, 2024, 11:50:44 AM

Quote from: zasad@ on May 08, 2024, 12:06:28 PM

SEC regulation has just begun, and therefore if your business operates in the United States, you will have to go through a lot of consultations with lawyers. But this will not provide guarantees, because most of the conflicts have not yet been eliminated and the SEC interprets some things in its own way, although the courts think otherwise.
I don’t know why your project needs cryptocurrency?
If you are not ready to spend money on lawyers, then you can use any available services and NFTs.

Good to know zasad@, thanks for chiming in.

As to why project needs cryptocurrency, it ultimately boils down simplifying content distribution & subsequent tracking, and eventually rewarding, but in a decentralized manner.

There are 2 main public contribution channels in the platform, one is education the other is entertainment. Dopalearn is essentially combining the two to deliver the experience AKA "edutainment".

Here is an example:

Lets say you're a music school and you authored a lesson package to teach children how to play the piano. We want the author to be able to mint a few thousand copies of the lesson package (based on the licensing agreement with us) and list it for sale on their website. Anyone (including our customers) should be able to purchase the training from them directly (i.e. their website), and use/launch it with Dopalearn. The only association we have with this school is the licensing agreement which includes the mechanism that makes their content compatible with Dopalearn and some other stuff. Now what role will our token play in all of this? Our license agreement with these schools will require them to list our token as a optional form of payment for the training (along side the other forms such as VISA). This is done for two reasons, 1. those who have earned the coin from the other contribution channels can use our token to purchase the training 2. we stay in compliance because these schools will have to use our exchange to convert their coins into fiat.

In a nutshell, anyone that earns the token and wants to convert it to fiat at our exchange will be required to provide their details so we can issue them tax forms (1099/T4A, etc) at the end of the year.

I’ll ask again, why do you need this unnecessary adventure?
If you have the option of paying through VISA, then add the option of paying with cryptocurrencies through a partner.

Your example is not entirely successful, because those who are looking for or taking piano lessons are completely far from the topic of cryptocurrencies and they do not need your tokens.
You are overcomplicating the project with unnecessary services.

"Our license agreement with these schools will require them to list our token as a optional form of payment for the training (along side the other forms such as VISA)."