• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Legion Announces Plans to Comply with MiCA and Provide Access to Early Fundraising

user avatar

by Giorgi Kostiuk

2 years ago

  1. A New Beginning for On-Chain Fundraising
  2. Legion's Functionality and Mission
  3. Support and the Future of Legion


    4. Legion aims to become one of the first MiCA-compliant CASPs and provide access to early fundraising and token offerings for non-accredited investors.

    A New Beginning for On-Chain Fundraising

    Today, Legion emerges to mark a new era of merit-based on-chain fundraising. The team notes that Initial Coin Offerings (ICOs) revolutionized how blockchain projects fundraise, offering equal opportunity to participate in the early stages of new projects.

    Legion's Functionality and Mission

    Legion exists for a singular purpose: to provide equal opportunity access to on-chain fundraising for new crypto projects. They achieve this mission with their investor reputation and accountability layer, as well as by providing regulatory clarity with the latest regulations.

    Raising from retail investors on-chain is the best way to build an incentive-aligned community, but it can be risky because you don’t know who your early investors are. Will they be long-term supporters? Are they real or just sniping bots? Legion’s accountability layer allows teams to assemble their retail army based on on-chain and off-chain criteria and slash the reputation of short-term actors.Legion cofounder Fabrizio Giabardo

    Support and the Future of Legion

    Legion is backed by several mission-driven founders, accelerators, and angels, having completed a $2M Seed round led by Cyber Fund with participation from AllianceDAO, Delphi Labs, and others.

    For projects, it’s all about maximizing the amount of value per dollar raised. Raising from the right mix of retail and venture capital investors is crucial for the right community.Cyber managing partner and former Lido cofounder Konstantin Lomashuk

    With this latest round, Legion is building its reputation system and accountability layer, and securing the necessary VASP/CASP licenses to facilitate pre-token fundraising rounds and token sales for non-accredited investors under MiCA.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP Whale vs Retail Spread Metric Indicates Market Shift

chest

The XRP Binance Whale vs Retail Spread metric has fallen to approximately 0.888, indicating a shift in market dynamics.

user avatarMiguel Rodriguez

XRP Price Stagnates at Resistance Level Despite Daily Gains

chest

XRP price has appreciated by 18.6% over the past day but struggles to break the 1.60 resistance level.

user avatarLuis Flores

Raoul Pal Chooses Solana Over Bitcoin at Consensus 2026

chest

Raoul Pal expressed his preference for Solana over Bitcoin at the Consensus 2026 event, citing its advantages for AI and DeFi.

user avatarArif Mukhtar

Kevin Warsh's Hawkish Approach Could Pressure Bitcoin Prices

chest

Kevin Warsh's hawkish stance on monetary policy may pressure Bitcoin prices in the short term, but his understanding of digital assets could foster long-term institutional confidence.

user avatarMaria Gutierrez

Swiss Campaign for Bitcoin Reserves Fails to Gather Signatures

chest

A campaign led by Yves Bennaim to require the Swiss National Bank to hold Bitcoin alongside gold and foreign currencies has failed to gather enough signatures for a national referendum.

user avatarAndrew Smith

AMINA Bank Becomes First Regulated Institution to Support Canton Coin

chest

AMINA Bank has become the first regulated bank in Switzerland to offer custody and trading services for Canton Coin, enhancing access to digital assets for institutional clients.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.