Does a smart contract undeployed on Mainnet qualify as business asset?

Select jurisdiction

Brazil
  • Brazil

Brazil

The validation of the smart contract necessarily passes through its presence on the
Mainnet, which allows transactions with monetary value or equivalent. Outside the Mainnet it
is just the cost that can be classified as an intangible asset.

We are a virtual law firm for web3 matters.

NO LEGAL ADVICE

Meet the team behind WEB3LEX.