• 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

a year 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

US Music Festivals Continue to Operate Without Crypto Integration

chest

US music festivals like Vibe Fest and Vibes Music Festival are not integrating crypto technologies.

user avatarTomas Novak

Coinbase Set to Launch Perpetual-Style Futures for Altcoins

chest

Coinbase will introduce US perpetual-style futures for altcoins starting December 15, allowing traders to hold positions indefinitely.

user avatarKenji Takahashi

Challenges Ahead for Sui ETF Approval

chest

The SEC's review process poses significant challenges for the approval of the Sui ETF.

user avatarMaya Lundqvist

Potential Benefits of Grayscale's Sui ETF

chest

Grayscale's submission of an S1 registration statement for a Sui ETF is a formal request to create a publicly traded fund. If approved, this ETF would provide several key benefits, including accessibility for retirement accounts, enhanced legitimacy for institutional trust, and increased liquidity for SUI trading.

user avatarKaterina Papadopoulou

New Vaults Launching on Solana for Real-World Asset Yields

chest

Plume is onboarding five established Nest vaults to the Solana ecosystem, backed by major traditional finance names.

user avatarLeo van der Veen

Leveraging Real-World Asset Yields on Solana

chest

An exciting development for Solana users as Loopscale plans to launch a feature allowing users to leverage their Nest vault tokens for potential greater returns, while also increasing associated risks.

user avatarLi Weicheng

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.