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