• 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

Regulatory Developments Could Impact Shiba Inu's Future

chest

Recent discussions about the CLARITY Act and SEC decisions may significantly influence Shiba Inu's price and market sentiment.

user avatarAyman Ben Youssef

Kazakhstan's Trade Growth and Strategic Shift for 2026

chest

Kazakhstan's Ministry of Trade and Integration reports significant growth in trade turnover and exports, with a focus on high-value goods and domestic production.

user avatarTando Nkube

US Crypto Regulatory Landscape Under Discussion

chest

During a recent interview, Binance CEO Richard Teng emphasized the importance of regulatory clarity for the US crypto market, stating that any regulation would be better than none.

user avatarKofi Adjeman

BinanceUS Plans Expansion in the US Market

chest

BinanceUS is exploring expansion in the US to enhance product offerings for American customers.

user avatarNguyen Van Long

Binance Sees Massive Inflow of XRP Amid Market Dynamics

chest

Binance absorbed a massive inflow of over 31 million XRP in a single day, raising questions about potential short-term supply dynamics.

user avatarSatoshi Nakamura

Crypto Market Experiences Sharp Decline Amid Geopolitical and Economic Concerns

chest

The cryptocurrency market faced a significant downturn, with Bitcoin dropping below $65,000 as traders reacted to US trade policy changes and geopolitical tensions.

user avatarJesper Sørensen

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.