Legion Raises $2M for Merit-Based ICO Platform
Legion, a MiCA-compliant CASP, is revolutionizing on-chain fundraising by providing equal access to non-accredited investors. This marks a new era of merit-based fundraising in the crypto world.
Legion aims to address the flaws of traditional ICOs by offering regulatory clarity and an investor reputation layer. This ensures that retail investors have the same opportunities as VCs when it comes to investing in new crypto projects.
The founding team, experienced in on-chain fundraising, is backed by mission-driven investors like Cyber Fund and AllianceDAO. With a $2M seed round, Legion is developing its reputation system and securing licenses to facilitate token sales for non-accredited investors under MiCA.
Investing in on-chain fundraises with Legion allows retail investors to customize their allocations and join an organic, die-hard community of supporters. Each user is assigned a Legion Score based on their support for projects, reducing bot activity and incentivizing long-term engagement.
For more information about Legion and your Legion Score, visit their website or contact co-founder Matt O’Connor at hello@legion.cc.