# NewOrder Monthly Report 6 #project-catalyst #monthly-report **Previous Report**: [[NewOrder Monthly Report 5]] **Date Written**: 20th May 2023 **Dates Covered**: 20th April 2023 - 20th May 2023 ## Background The work in this proposal is outsourced to the team of attorneys at Tevetoglu Legal. They work with the guidance of littlefish Foundation to investigate these subjects: 1 - Legal status of LFF Action NFTs 2 - Legal status of earning through Project Catalyst 3 - Legal frameworks for Decentralized Organizations 4 - Legal framework for tokens and coins 5 - Legal status of smart contracts 6 - Legal status of real world-asset backed tokens and coins 7 - Legal status of the data stored in blockchains 8 - Crowdfunding through ICO-ITO and Crypto Assets  9 - Taxation of crypto assets 10 - AML/KYC Regulations 11 - Legal meaning and status of whitepapers 12 - Intersection of Intellectual Property and BlockChain 13 - Metaverse and Law ![[NewOrder - Modules#Key Milestones and expected deliveries:]] ## Progress this month ### Module 1: Legal Research Read about this module here: [[NewOrder - Modules#**Module 1: Legal Research**]] The legal team has finished work on **1 - Legal status of LFF Action NFTs**. The status is under review. We've provided feedback to the team about the work, and they are now integrating it into their research. We will then publish it on our now gitbook based knowledge base, along with a shorter Medium article version, and an even shorter tweetstorm to follow. Here's the work: https://docs.google.com/document/d/1oJflHnYkVsSCMnFtKs-Yb5m6IzpXfDog/edit We've also provided the legal team with the research specification for the next topic: 4 - Legal frameworks for tokens and coins. You can find it [here](https://littlefishdao.notion.site/Research-Specification-Legal-framework-for-tokens-and-coins-7b301431bd3941eeb854e5eab6c64766). ### Module 2: Consultation and Educational Workshops Read about this module here: [[NewOrder - Modules#**Module 2: Consultation and Educational Workshops**]] We will hold the third workshop after the 4th research piece is finished. It will include both NFTs and FTs research topics.