By
Nick Todorov
December 7, 2020
4 Min Read
We are thrilled to announce the launch of LimeLegal, a joint venture between LimeChain and Progressive Lawyers. The launch marks the beginning of a new chapter for LimeChain and reflects our strong belief that the blockchain industry needs comprehensive solutions to tackle the challenges that lie ahead.
We launched LimeChain just over three years ago. At the time we knew deep down that blockchain would be a big deal, that it would provide a paradigm shift in the way people conduct business, carry out transactions, and view the world in general. Trusting our instincts, we’ve been working tirelessly through crypto summers and crypto winters, supporting our partners and building a business in а turbulent environment.
Over the past three years, we’ve witnessed numerous highs and lows in the blockchain space, but one thing has become clear – the technology is here to stay, especially with COVID, political and economic uncertainties acting as catalysts and accelerators for the blockchain adoption.
From the outset, we knew that blockchain adoption would not come easily. We anticipated that the nascent technology would encounter numerous unexpected challenges along the way. We now know that legal poses one such challenge.
Having worked on over 80 projects in the past three years, we know from firsthand experience how legal can hinder innovative products from going mainstream and deterring traditional businesses from adopting crypto as a medium of exchange and blockchain as a business layer. Being entrepreneurs ourselves, it hurts us to see brilliant ideas going to waste and brilliant people being discouraged by such hurdles.
LimeChain has always taken a holistic approach to solve challenges. We believe that taking the harder path is worth it as it allows us to better serve the needs of our customers. The launch of LimeLega continues our efforts to do so.
LimeLegal is a legal advisory firm that provides solutions related to the legal implications for businesses operating in the Fintech and Blockchain space.
We support businesses and entrepreneurs all the way through, from performing due diligence on the best jurisdiction based on their business goals to providing assistance in acquiring all the necessary licenses and certificates while being their trusted advisor in the journey of achieving their business goals.
Our belief is that technological advancements will drive human progress forward, and the people to achieve that are the entrepreneurs and the business leaders.
In order to turn their vision into reality, they need not only to have a firm grasp of the technological landscape but also to understand the legal implications that this technology brings.
To provide the most comprehensive legal solutions the team at LimeLegal comprises lawyers, legal advisors & technologists with vast experience in Fintech & Blockchain. Having the right mix of legal & technological expertise is what makes LimeLegal superior to traditional legal firms.
LimeLegal is a joint venture between LimeChain and ProgressiveLawyers. With this partnership we bridge law and tech bringing the best of both worlds.
LimeChain is a Blockchain & DLT solution company. We help businesses in the area of digital transformation and blockchain enablement. Our services range from product development and consulting to Blockchain & DLT Education for both business and technical audiences. Our products and solutions are backed by Ethereum Community Fund, ETH Prize, and Maker DAO. The company’s flagship product is EtherLime – a dev suite for Ethereum. LimeChain is a contributor to multiple initiatives including Baseline protocol, Hyperledger, and many others. The company has over +80 completed projects with clients varying from startups to Fortune 100 companies
Progressive Lawyers is committed to delivering efficient and cost-effective legal services to its clients across the globe by providing strategic legal advice in key industry sectors such as FinTech and Blockchain, Real Estate and Construction, Energy and Natural resources, Technology and Innovation. The company provides superior legal services inherent to general corporate matters, mergers, and acquisitions, as well as equity events, IP and E-commerce, AML/KYC, Data protection, GDPR, corporate tax issues, etc. Progressive Lawyers covers also all aspects of the dispute resolution including pursuing or defending litigation, arbitration, and alternative dispute resolution mechanisms. The company has successfully consulted projects involving investments in excess of millions of euros and has achieved a success rate in all dispute resolution proceedings exceeding 80%.
