• 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

GeeFi Introduces Staking and Referral Programs to Reward Community

chest

GeeFi has introduced a staking program with returns of up to 55% APR and a referral program that rewards users for community growth.

user avatarSon Min-ho

Bitcoin Long-Term Holders Show First Uptick in Supply Since April

chest

Bitcoin long-term holders have seen an increase in dormant supply for the first time since April, indicating a potential shift towards holding rather than selling.

user avatarAyman Ben Youssef

Vitalik Buterin Grants 256 ETH to Privacy-Focused Messaging Apps

chest

Ethereum cofounder Vitalik Buterin has donated 256 ETH, valued at approximately $600,000, to support the development of two privacy-focused messaging applications, Session and SimpleX Chat.

user avatarKofi Adjeman

Taurus Partners with Everstake for Enterprise Staking Integration

chest

Taurus has announced a partnership with Everstake to integrate enterprise staking into its custody system for institutional clients.

user avatarTando Nkube

Global Derivatives Compliance Crisis: A Costly Challenge for Financial Institutions

chest

The global derivatives market is facing a compliance crisis due to fragmented regulations post-2008 financial crisis, costing institutions 5-10% of their annual revenue.

user avatarNguyen Van Long

Google to Sell TPUs Externally, Expanding Revenue Opportunities

chest

Google is preparing to sell its 7th-generation TPUs to external companies, creating a new revenue pipeline.

user avatarSatoshi Nakamura

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.