- Legion Emergence
- Goals and Approach
- Support and Future
Legion aims to be one of the first MiCA-compliant CASPs and provide access to early fundraising and token offerings for non-accredited investors.
Legion Emergence
Today, Legion marks the beginning of a new era of merit-based on-chain fundraising. ICOs revolutionized the fundraising methods for blockchain projects, offering equal opportunities for early-stage participation and creating some of the strongest communities in crypto, such as LINKMarines, ThorChads, and ETH maxis.
Goals and Approach
Legion exists for a singular purpose: to provide equal opportunity access to on-chain fundraising for new crypto projects. The organization achieves this mission with its investor reputation and accountability layer, as well as through regulatory clarity offered by the latest laws. These features ensure that for teams using Legion, the risk-to-reward ratio of raising from retail users on-chain is competitive with similar mechanisms from venture capitalists.
Support and Future
Legion is backed by a group of mission-driven previous founders, accelerators, and angels, completing a $2M Seed round led by Cyber Fund with participation from AllianceDAO, Delphi Labs, CoinGecko, Mike Dudas, Alex Svanevik, Peter Smith, Maggie Love, Jon Wu, Ryan Watkins, LongHash, 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.
