• 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

First Brands Faces Legal Challenges as Former Director Invokes Fifth Amendment

chest

First Brands faces legal challenges as a former finance director plans to invoke the Fifth Amendment during deposition amid a federal criminal investigation into the company's financial practices.

user avatarElias Mukuru

Nardello & Co Engaged to Unravel First Brands' Financial Mismanagement

chest

Creditors of First Brands have hired Nardello & Co to investigate the company's off-the-books financing practices that contributed to its bankruptcy.

user avatarDiego Alvarez

Supreme Court to Hear Arguments on Trump's Tariff Policies

chest

The US Supreme Court will hear arguments regarding the legality of tariffs imposed by President Trump on November 3, 2025.

user avatarKenji Takahashi

Analysts Warn of Potential Downtrend in 2026

chest

Analyst known as CryptoCon shared a telling chart, cautioning investors expecting a bullish trend to prepare for disappointment. He advised that the market is currently overheated, and investors should brace for a potential downtrend in 2026.

user avatarMaria Fernandez

Tether Diversifies Investments Beyond Bitcoin

chest

Tether is expanding its investment portfolio by increasing reserves in gold and acquiring a stake in Liverpool.

user avatarGustavo Mendoza

Legislative Landscape: GENIUS Act and CLARITY Act

chest

The ongoing debate surrounding the GENIUS Act and CLARITY Act highlights the tension between consumer protection and the need for decentralized innovation in the cryptocurrency sector.

user avatarRajesh Kumar

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.