• 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

Current Price Action of XRP Amid Market Decline

chest

Crypto analyst CasiTrades provides an update on XRP's price action, noting it is defending key support levels.

user avatarKenji Takahashi

Brad Smith's Message to Graduates: Embrace AI with Caution

chest

Brad Smith, Microsoft's vice chair and president, addresses the class of 2026, acknowledging their concerns about AI's impact on job opportunities and urging a balanced approach to innovation.

user avatarMaria Fernandez

Coinbase Unveils Coinbase for Agents, Empowering AI in Cryptocurrency Trading

chest

Coinbase has launched Coinbase for Agents, a tool that enables AI systems to trade cryptocurrencies and manage portfolios on behalf of users.

user avatarGustavo Mendoza

Bitcoin Enters Final Phase of Bear Market

chest

A crypto analyst has indicated that Bitcoin is in the final phase of its bear market, projecting further volatility and a potential price bottom.

user avatarRajesh Kumar

Hedgeye Introduces New Hedged Bitcoin ETF to Mitigate Risk

chest

Hedgeye has filed for a new Bitcoin ETF that aims to combine exposure to spot ETFs with an options overlay designed to reduce volatility and manage downside risk.

user avatarMiguel Rodriguez

Ethereum Open Interest Hits Record High on Binance Amid Market Uncertainty

chest

Binance has recorded a new all-time high in Ethereum open interest, signaling renewed speculative demand despite market uncertainties.

user avatarLuis Flores

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.