Not always. The need for licensing depends on the issuance model, the status of the issuer, the nature of the instrument, and the method of attracting investors.

In some cases, involvement of licensed market participants (such as payment providers, custodians, and investment intermediaries) is required.

Building a 3D environment is only the technological layer. Once digital assets, NFTs, or payments are introduced, legal considerations arise — including intellectual property (IP), data protection, and financial regulation.

These legal risks must be addressed to prevent regulatory issues or restrictions after launch.

For small startups, a basic audit typically takes 4–6 weeks; for mid-sized companies, 8–12 weeks; and for large exchanges or platforms, 3–6 months.

Timelines depend on transaction volume, the number of systems reviewed, infrastructure complexity, and the readiness of documentation.