- A New Beginning for On-Chain Fundraising
- Legion's Functionality and Mission
- Support and the Future of Legion
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.
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.
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.
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