SmartOne has designed the LEGAL token as the solution to this misalignment of the crypto and legal communities.
Designed to bridge the gap between these two sectors, LEGAL addresses the lack of access to the legal sector currently experienced by crypto communities and at the same time, creates the foundations for a legal tech ecosystem based around the SmartOne network and platform.
By enabling access to the SmartOne network, LEGAL brings crypto communities and the legal sector together. Organisations use their tokens to buy legal services and expertise that are offered via the platform. They will be able to pick their teams and select specific automated products or services that they know have been designed to serve the crypto community.
The network itself offers a marketplace within which service providers and clients can meet and engage. It also brings researchers, developers, financial institutions, regulators and investors together for the first time into one crypto-focused ecosystem.
Supported by the SmartOne network and the underlying SmartOne Foundation, the ecosystem will facilitate further legal tech development by providing an environment that puts financial institutions in touch with research teams; investors with developers and service providers with clients.