We make law simple

We help you with legal aspects of token model, cryptocurrencies, blockchain technologies, conducting ICO, smartcontracts, platform creation, terms & conditions, whitepapers, corporate structuring and compliance of business model.

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Token model

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Smart Contracts

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Thinking through and designing your token model is one of the first crucial steps in building up a successful ICO and business. Well-designed token models have utility in a network beyond a simple store of value or indication of ownership.

Often tokens are seen solely as technological tools used in the operations of a platform. There is however a legal side to the token. The token will determine the following:

  • • Which law applies to it and where disputes must be settled;

  • • What is the best jurisdiction to establish your business;

  • • What permissions or licenses are required;

  • • How is your business taxed.

We have the expertise to mitigate your risks and to craft the best-suited solution for your idea.



Blockchain provides trust. The technology removes the need to create trust for transactions via third parties. This has opened countless opportunities for new business models based on a ‘trustless’ system. Bitcoin and cryptocurrencies are the first applications of blockchain technology.

The Blockchain is the future and Oblicity has the expertise, know-how and will to help you design, develop and deploy your innovative or disruptive blockchain idea. We can provide quality legal support, regardless of whether you are creating an investment fund, a loan exchange market or any other business based on blockchain technology.



Whitepapers are crucial in ICOs. To get people to support your idea, you first need to make sure they understand and believe in it. The most used and most effective way to explain your business plan or token model to potential supporters is through a whitepaper. This was the way Satoshi first introduced Bitcoin in 2008 and how Vitalik introduced Ethereum in 2013 and has since been adopted as the best practice for introducing projects in the blockchain community.

A strong whitepaper entails not only technical and business aspects but also shows a good understanding of the legal questions involved. The whitepaper has to be written in an understandable manner, so the reader can easily follow your idea.

Our people are experienced in drafting a solid, understandable and efficient whitepaper. Among others, our team has contributed to whitepapers of highly successful projects like Agrello, Everex and Qtum.



Smart contracts have a potential to make lawyers world understandable to people without legal training. Smart contracts, if crafted in a proper way, allow you to formalize legally binding multi-party agreements in an easier manner and quicker than traditional contracts. However, smart contracts have to work in the real world; they carry real-world obligations and give real-world rights.

Oblicity is closely working together with Agrello and other smart contract service providers. Our lawyers have a good understanding of smart contracts and how they can utilised in real business.



Estonia is creating a borderless digital society for global citizens as the first country to offer e-Residency. E-Residency is a transnational digital identity that anyone in the world can apply for to obtain access to a platform built on inclusion, legitimacy, and transparency. E-residents then have access to EU business environment and can use Estonian public e-services through their digital identity. The primary reason e-residents are joining this community is to run a trusted location-independent EU business online with all the tools needed to conduct business globally.

Why do you want to have your business in Estonia?

  • • Join one of the most advanced digital societies;

  • • Growth is incentivized with 0% corporate tax on reinvested profits;

  • Membership of the EU, NATO, OECD and eurozone provides advantages and stability;

  • • Low startup and maintenance costs;

  • • Minimal bureaucracy and a clear tax framework;

  • • Minimal corruption in a transparent business environment;

  • • Trade in euros to mitigate the risk of currency fluctuations.

In our team, we have Estonian top legal experts who can take you through the process of getting e-residency and opening EU business with all required registrations and licenses. We make Law simple.

We are the first legal team
to accept Bitcoin



Rene Lauk
Rene has mostly gained his legal experience working as legal counsellor for Estonian government. Rene teaches law at Tallinn University of Technology. His specialty is business law and international trade law. In addition to the law degree, he is a trained diplomat and therefore, together with Teddi, responsible for negotiations.
Margus Poola
Margus is specialized in private law and has long work experience as an attorney at law in Estonian top law firm LEXTAL. He has also been teaching law at Tallinn University of Technology over the years. In addition to that he has experience in finance and his spear time he writes code – quite a unique combination of skills!
Addi Rull
A lawyer by profession, with expertise in data protection law, copyright law, and intellectual property valuation. Addi has been actively involved at Tallinn University of Technology, defining the future of law and technologies that focus on smart contracts and applied AI. He is also an editor of “The Future of Law and e-technologies” (2016, Springer).
Teddi Rull

Teddi is best known for his entrepreneurial experience gained as founding member at Valtech and as a lawyer at White & Case international law firm. Teddi’s expertise covers areas in mergers and acquisitions, antitrust and IP cases. He plays a crucial role on the team as an expert negotiator.


Tim Frost
Marek Herm