The Innovation Firm

When

December 8, 2017
12:00 - 1:30 PM

Where

300 Technology Square, 8th Floor
Cambridge, MA 02139

Legal Considerations for Blockchain Innovations and ICOs

IP Protection and Accelerated Capital Formation in the Emerging Blockchain Driven Economy

On Friday, December 8, 2017, Giovanna Fessenden, Of Counsel at Hamilton Brook Smith Reynolds and Stephen Galebach of Galebach Law will present on the "Legal Considerations for Blockchain Innovations and ICOs."  

Startups, developers and investors took notice over the past year as ICOs (Initial Coin Offerings) emerged at center stage as a novel, accelerated path of capital formation in the context of the rapidly growing blockchain economy.  ICOs are creating considerable momentum in the blockchain innovation wave.  This year alone, companies have raised approximately $1.5 billion using an ICO or similar token based fundraising scheme.  Will your company benefit from an ICO?  The presentation will cover how new blockchain technology may be optimally designed to:

(a) create value in innovative ways that are ripe for IP protection;
(b) enable monetization and capital formation via token sales and other means; and
(c) minimize risk in the complex regulatory environment of US securities and commodity futures law, as well as regulatory environments in other jurisdictions worldwide.    

The presentation will cover the risks and advantages of ICOs and alternative capital formation paths that companies, and especially startups, should consider as they navigate the universe of blockchain development.  

Giovanna Fessenden has expertise in protecting blockchain innovations for her clients.  She will discuss how a company that may be considering an ICO can obtain a solid foundation for its intellectual property rights.  Giovanna will also delve into what makes a strong technical white paper that details the company's technology and innovations.  She will also discuss some of the intellectual property risks/benefits for deploying blockchain innovations. 

Stephen Galebach advised a recently completed ICO that featured the first known published legal opinion letter on the inapplicability of the securities laws to the particular tokens being sold.  Stephen will speak about the Supreme Court’s Howey test as applied to real world examples to determine whether an ICO represents an offering of securities and thus falls under SEC regulatory jurisdiction. 

Attendees at this event will learn about:

  • What are the IP strategies for protecting blockchain innovations?
  • What are the potential open source licensing issues for decentralized apps using the major blockchain platforms?
  • What alternative paths are possible for monetization of new blockchain developments?
  • How can a company benefit from an ICO or blockchain technology?
  • Is an ICO worthwhile to your company?
  • When does an ICO fall within SEC regulation?

 
Join us for a networking lunch, presentation and lively Q&A, 12:00 – 1:30 PM at MassBio’s office, 300 Technology Square, 8th Floor, Cambridge, MA 02139.  Click here to register!

Giovanna H. Fessenden
Of Counsel
Hamilton Brook Smith Reynolds

Giovanna’s practice focuses in all areas of intellectual property law with an emphasis on open source software compliance, software related agreements, and patents relating to the following: block chain technology, search engines / ad serving systems, video compression / codecs, trusted computing and encryption, cryptocurrency wallets, digital currency, analytics systems, router firmware, OVS technologies, video on demand (VOD) systems, VoIP and video conferencing systems, social media software, database and storage systems, recommendation systems, integrated development environments (IDEs), compilers and interpreters, iPhone™, Android™ and tablet applications, CT imaging technologies, wearable computing technologies, and semi-conductor manufacturing systems. More...

 

Stephen H. Galebach
Galebach Law Office

Stephen Galebach has 30 years of experience serving the legal needs of technology companies.  His work has spanned the gamut from litigation to contracts, and corporate transactions, to IP advice and securities law (including IPO Manager for Boston’s Genuity Inc., Verizon’s Internet subsidiary, when it did the largest US Internet IPO before Facebook).  Prior to establishing his law practice in the Boston area, he was Senior Special Assistant to the US Attorney General, a White House legal advisor, an associate at Covington & Burling, and law clerk to Judge Wilkey on the DC Circuit.  He graduated from Harvard Law School in 1979 and was Note Editor of the Harvard Law Review.

 

Overview

When

December 8, 2017
12:00 - 1:30 PM

Where

300 Technology Square, 8th Floor
Cambridge, MA 02139

IP Protection and Accelerated Capital Formation in the Emerging Blockchain Driven Economy

On Friday, December 8, 2017, Giovanna Fessenden, Of Counsel at Hamilton Brook Smith Reynolds and Stephen Galebach of Galebach Law will present on the "Legal Considerations for Blockchain Innovations and ICOs."  

Startups, developers and investors took notice over the past year as ICOs (Initial Coin Offerings) emerged at center stage as a novel, accelerated path of capital formation in the context of the rapidly growing blockchain economy.  ICOs are creating considerable momentum in the blockchain innovation wave.  This year alone, companies have raised approximately $1.5 billion using an ICO or similar token based fundraising scheme.  Will your company benefit from an ICO?  The presentation will cover how new blockchain technology may be optimally designed to:

(a) create value in innovative ways that are ripe for IP protection;
(b) enable monetization and capital formation via token sales and other means; and
(c) minimize risk in the complex regulatory environment of US securities and commodity futures law, as well as regulatory environments in other jurisdictions worldwide.    

The presentation will cover the risks and advantages of ICOs and alternative capital formation paths that companies, and especially startups, should consider as they navigate the universe of blockchain development.  

Giovanna Fessenden has expertise in protecting blockchain innovations for her clients.  She will discuss how a company that may be considering an ICO can obtain a solid foundation for its intellectual property rights.  Giovanna will also delve into what makes a strong technical white paper that details the company's technology and innovations.  She will also discuss some of the intellectual property risks/benefits for deploying blockchain innovations. 

Stephen Galebach advised a recently completed ICO that featured the first known published legal opinion letter on the inapplicability of the securities laws to the particular tokens being sold.  Stephen will speak about the Supreme Court’s Howey test as applied to real world examples to determine whether an ICO represents an offering of securities and thus falls under SEC regulatory jurisdiction. 

Attendees at this event will learn about:

  • What are the IP strategies for protecting blockchain innovations?
  • What are the potential open source licensing issues for decentralized apps using the major blockchain platforms?
  • What alternative paths are possible for monetization of new blockchain developments?
  • How can a company benefit from an ICO or blockchain technology?
  • Is an ICO worthwhile to your company?
  • When does an ICO fall within SEC regulation?

 
Join us for a networking lunch, presentation and lively Q&A, 12:00 – 1:30 PM at MassBio’s office, 300 Technology Square, 8th Floor, Cambridge, MA 02139.  Click here to register!

Presenter Bios

Giovanna H. Fessenden
Of Counsel
Hamilton Brook Smith Reynolds

Giovanna’s practice focuses in all areas of intellectual property law with an emphasis on open source software compliance, software related agreements, and patents relating to the following: block chain technology, search engines / ad serving systems, video compression / codecs, trusted computing and encryption, cryptocurrency wallets, digital currency, analytics systems, router firmware, OVS technologies, video on demand (VOD) systems, VoIP and video conferencing systems, social media software, database and storage systems, recommendation systems, integrated development environments (IDEs), compilers and interpreters, iPhone™, Android™ and tablet applications, CT imaging technologies, wearable computing technologies, and semi-conductor manufacturing systems. More...

 

Stephen H. Galebach
Galebach Law Office

Stephen Galebach has 30 years of experience serving the legal needs of technology companies.  His work has spanned the gamut from litigation to contracts, and corporate transactions, to IP advice and securities law (including IPO Manager for Boston’s Genuity Inc., Verizon’s Internet subsidiary, when it did the largest US Internet IPO before Facebook).  Prior to establishing his law practice in the Boston area, he was Senior Special Assistant to the US Attorney General, a White House legal advisor, an associate at Covington & Burling, and law clerk to Judge Wilkey on the DC Circuit.  He graduated from Harvard Law School in 1979 and was Note Editor of the Harvard Law Review.

 

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