
Zhang Lei
Drafted token sale terms, vesting schedules and compliance frameworks affecting unlock timelines
Authored and negotiated the legal documentation underpinning the COCOS token sale, including the purchase agreements, investor representations and the structured vesting schedules for team and foundation allocations. These legal instruments set enforceable timelines for token releases and penalties for non-compliance, directly shaping the market supply path over multi-year horizons. Designed regulatory compliance frameworks and coordinated jurisdictional assessments to align token distribution practices with local securities and commodity rules in multiple markets. Concrete compliance decisions—such as restricting certain sales by geography or applying accredited-investor filters—changed the accessible investor base and thereby the liquidity profile for the token in affected regions. Implemented escrow, multisig custody and lock-up mechanisms embedded in legal contracts and operational procedures. The combination of contractual lock-ups and technical custody reduced the immediate circulating supply following major allocation events and provided verifiable claims used by exchanges and auditors when evaluating listing readiness. Advised on dispute resolution mechanisms and governance clauses that pertained to treasury disbursements and foundation authority. These legally binding governance choices influenced how treasury funds could be disbursed for ecosystem incentives, which in turn affected medium-term token supply expectations and market confidence.
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