Not the most attractive section of the playbook, but only by addressing these points, your Polkadot Hub will be poised to operate within the boundaries of the law, ensuring longevity and reducing potential legal risks.
While planning, consider the following:
- Location selection and local regulation, especially business, property and people related, but don’t forget to consider local crypto regulation
- Liability and insurance, make sure you are covered
- User agreements, decide on what is the most adequate form of partnerships to pursue (i.e. membership agreements, daily passes - pay per use, …)
- Event regulation, understand financial reporting and tax obligations
- Data protection, consider Privacy and Personal Information local requirements
- Health and Safety, conduct a thorough risk assessment
- Branding and Intellectual property, make sure you secure necessary permissions or licences to use the Polkadot brand