Embrace MiCA Webinar: Navigating Europe's New Crypto Regulation & Future-Proofing Cardano Projects

[GENERAL] Name and surname of main applicant

Andrej Solar [Sparring]

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

Entity (Incorporated)

[GENERAL] Co-proposers and additional applicants

Martin Repka

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

3

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language

No

[GENERAL] Summarize your solution to the problem (200-character limit including spaces)

Host webinars with Sparring attorneys on MiCA regulations, offering guidance, advice, and Q&A sessions.

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”

No dependencies.

[GENERAL] Will your project’s output/s be fully open source?

Yes

[GENERAL] Please provide here more information on the open source status of your project outputs

Yes, webinars will be streamed online, recorded and provided to the ecosystem.

[METADATA] Horizons

Education

[SOLUTION] Please describe your proposed solution

MiCA Webinars are an excellent tool for community engagement and education.

Accessibility: Webinars provide easy access to regulatory information and expertise, allowing wider audience participation.

Convenience: Participants can join webinars from the comfort of their own homes or offices, which makes it more convenient than attending physical events. They will also be recorded and made available for later viewing.

Cost-Effective: Hosting webinars is much more affordable than organizing in-person events, making it more effective for both the Cardano ecosystem and particular individuals/business to access valuable information without high costs.

Interactivity: Our webinars will include Q&A sessions, polls, and interactive discussions, allowing participants to engage directly with experts and ask questions in real time.

Expert Access: Featuring knowledgeable speakers and legal industry leaders otherwise vendor-locked to their clients, inaccessible to the community, offering insights and expertise that participants might not get elsewhere.

Up-to-Date Information: Allowing communities to stay informed about the latest trends, technologies, and best practices relevant to their interests or industry.

Overall, webinars are a powerful means of disseminating knowledge, encouraging interaction, and building participant camaraderie.

[IMPACT] Please define the positive impact your project will have on the wider Cardano community

Enhanced Regulatory Compliance and Risk Management:

By hosting specialized MiCA-focused legal and compliance webinars, Sparring will empower the Cardano Ecosystem to better understand and navigate the complex European regulatory environment of the crypto sector. This guidance is crucial for startups and mid-sized businesses serving or planning to serve European customers. The MiCA regulation will potentially inspire other legislators to adopt similar laws. Compliance with MiCA will check the regulatory box of many projects for the upcoming years.

Knowledge Sharing:

Webinars will be recorded and can be freely disseminated among current or future Cardano adopters

The key metrics will be the number of users downloading the templates and number of total downloads.

The insights and results will be disseminated through our Sparring website and Catalyst’s reporting channels, and other Cardano & Sparring social media channels.

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Sparring is an international law firm operating in the EU, US and UK, with a dedicated crypto focused practice.  We have a long history of providing legal support to a number of projects active on Cardano, such as Vacuumlabs, NuFi, etc. We are servicing crypto clients globally. Our client portfolio includes crypto hedge fund, DEX, DeFi financial center, wealth management platform, digital marketplace and other crypto projects, several of which operate on Cardano. See more at https://sparring.io/crypto/

[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?

• plan, promote, and hold a webinar on the general topics of MiCA regulation and its implications on the Cardano ecosystem, followed by a Q&A session.
• gather feedback and align the scope of the next webinar.

• plan, promote, and hold a second webinar on the Cardano-related particularities of MiCA regulation and its implications on the ecosystem, followed by a Q&A session.
• gather feedback and align the scope of the next webinar.

• plan, promote, and hold a third webinar on the Cardano-related particularities of MiCA regulation and its implications on the ecosystem, followed by a Q&A session.

Publish and disseminate recorded webinars

[RESOURCES] Who is in the project team and what are their roles?

Tomas Richter Urban

Head of Crypto desk of Sparring

Coming from the world of banking, finance and capital markets law, Tomas has become an expert in crypto and fintech. He gained some first hand experience serving as a chief legal officer in a prominent crypto hedge fund. Tomas leads Sparring’s Crypto and Web3 practice.

Martin Repka

Legal Mind

Raised in startups, Martin focuses on  IT law, intellectual property and corporate governance. He also assists various early stage blockchain & crypto businesses.

Andrej Solar

Senior Crypto Leal Mind

Andrej is a crypto enthusiast, and blockchain seasoned attorney. He regularly advises high-profile crypto & fintech companies. He serves as a CLO of a crypto wealth management platform on Cardano.

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources

• Milestone 1: ₳ 30,000
• 3 work-day: initial legal research
• 1 work-day: webinar prep
• 0.25 work-day: webinar + Q&A
• 0.5 work-day: feedback collection
• 0.5 work-day overhead

• Milestone 2: ₳ 30,000
• 3 work-day: follow-up legal research
• 1 work-day: webinar prep
• 0.25 work-day: webinar + Q&A
• 0.5 work-day: feedback collection
• 0.5 work-day overhead

• Milestone 3: ₳ 27,500
• 3 work-day: follow-up legal research
• 1 work-day: webinar prep
• 0.25 work-day: webinar + Q&A
• 0.5 work-day overhead

• Final Milestone: ₳ 7,500
• Publishing and social media outreach
• 1 work-day overhead - project and product management

[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

Targeted Audience: By honing in on specific subjects, these seminars will attract participants who are deeply interested in or impacted by the topic. This ensures that the audience is highly relevant and engaged, leading to more meaningful interactions and networking opportunities.

Expert Knowledge Sharing: The seminars will feature legal specialists and thought leaders who provide deep dives into niche areas. This knowledge transfer can be invaluable for attendees seeking to gain specialized insights without the need for extensive research or trial-and-error.

Efficient Resource Allocation: By concentrating resources on narrow topics, the cardano ecosystem can allocate their budget more effectively, ensuring high-quality content and presentations. This focus reduces waste and maximizes the utility of each dollar spent on the event.

Innovation and Best Practices: Such seminars facilitate the exchange of cutting-edge ideas and best practices specific to the industry. This can lead to innovations and efficiencies that participants can apply in their own work, benefiting the broader ecosystem.

Niche Networking: Participants have the opportunity to connect with peers and experts who share specific interests or challenges. This kind of networking is more beneficial than broader events because it often leads to collaborations and partnerships that address shared industry issues.