Legion, describing itself as a “merit-based ICO platform,” has emerged from stealth and introduced a $2 million elevate from founders, accelerators and angels. Backers embody Cyber Fund, AllianceDAO, Delphi Labs, CoinGecko, Mike Dudas, Alex Svanevik, Peter Smith, Maggie Love, Jon Wu, Ryan Watkins and LongHash. Based on the group: “The platform plans to turn into MiCA compliant and supply funding entry to non-accredited buyers. By rating buyers by benefit (on-chain and off-chain popularity), moderately than net-wealth, Legion says groups can construct increased high quality communities, and short-term holders are disincentivized.”
