Crypto Legal Protection
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A crypto law firm opportunity focused on providing reputation management and identity protection services for individuals whose identities are being used on blockchain-based platforms like BitClout.
Key Points:
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Core Service Offering:
- Police blockchain platforms to protect client identities
- Handle reputation management for clients
- Ensure unauthorized use of identity is addressed
- Potentially issue tokens as part of service structure
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Market Need:
- Addresses growing problem of unauthorized identity use on blockchain platforms
- Protects against reputation exploitation
- Serves as legal protection since blockchain technology "can't be put back in the bottle"
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Business Model Elements:
- Law firm would charge for ongoing protection services
- Could operate as a hybrid legal/talent agency service
- Focus on preventative measures and active monitoring
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Value Proposition:
- Clients don't have to personally monitor these platforms
- Professional legal protection against identity misuse
- Expertise in navigating blockchain-specific legal challenges
- Handles enforcement and takedown requests
The opportunity exists because even if specific platforms like BitClout pivot, the open-source nature of blockchain means similar platforms can easily emerge, creating ongoing demand for these services.
54:01 - 54:57
Full video: 01:17:16EB
Ethan Brooks
Writer for The Hustle, specializing in journalism and research. He writes a weekly newsletter for business owners in Austin.
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