• 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

Crypto Analyst Predicts Bitcoin Price Rally to $150,000

chest

Crypto analyst Crypto Lens predicts Bitcoin price could reach $150,000 by February next year, outlining scenarios for a potential rally.

user avatarKenji Takahashi

Zcash Founder Discusses Ironwood Upgrade for Trustless Supply Verification

chest

Zooko Wilcox discusses the Ironwood upgrade for Zcash, which will allow users to independently verify the circulating supply trustlessly from the first block of activation.

user avatarMaria Fernandez

Analyst Predicts Nvidia Stock to Surge to $350

chest

Analyst Ananda Baruah from Loop Capital Markets predicts Nvidia stock will surge to $350, driven by the company's growing AI tech infrastructure, potentially yielding a 68% return for investors.

user avatarGustavo Mendoza

Dogecoin Exhibits Promise for Significant Surge.

chest

Dogecoin is trading at 0.0085, but technical analysis suggests it may be entering a critical setup for a potential breakout and significant price increase.

user avatarRajesh Kumar

Mastercard Introduces Agent Pay for AI to Revolutionize Micropayments

chest

Mastercard has introduced a new protocol called Agent Pay for AI, enabling AI agents to make micropayments on the Polygon blockchain.

user avatarMiguel Rodriguez

New Allegations Surface Against Cardano's Charles Hoskinson

chest

New allegations surface against Cardano's founder Charles Hoskinson, linking significant ADA transactions to him during the 2021 market rally, raising questions about transparency and governance.

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.