Legion: The Return of ICOs

Legion aims to bring back ICOs and improve on the current market structure. The current market structure involves raising significant amounts of venture capital, running points programs or incentives, negotiating with centralized exchanges, and engaging with market makers. However, this system lacks community involvement and accountability, leading to poor outcomes for retail investors and hindering project growth. Legion aims to solve these issues by providing regulatory compliance, handling KYC, and ensuring investor reputation and accountability. This allows projects to distribute tokens to a valuable community and build a strong network from the early stages. Legion is focused on market and crypto assets regulation, particularly in the European Union (EU). The main goal of Legion is to ensure appropriate disclosure and investor protection in the crypto market. They aim to remove information asymmetry and make crypto assets more accessible. Legion is aligned with the Mika regulation, which allows projects from anywhere to raise funds from European citizens. The Legion score is a reputation-based metric that maximizes value add per dollar raised. It considers factors such as social influence, developer activity, on-chain activity, and endorsements. The ultimate vision for Legion is a world where projects are born and raised on the platform, with widespread community involvement and decentralized decision-making. José's Twitter: https://x.com/ZeMariaMacedo Fabrizio's Twitter: https://x.com/D0itdifferent Matt's Twitter: https://x.com/mattyTokenomics Chapters 00:00 Introduction to Legion and the Goal of Bringing Back ICOs 05:07 The Current Market Structure and its Issues 12:18 The Importance of Community Involvement and Accountability in ICOs 17:01 The History of ICOs and Why They Went Away 23:47 Issues with ICOs and How Legion Solves Them 30:23 MECA and Regulatory Compliance in ICOs 30:52 Market and Crypto Assets Regulation 39:38 Legion and Mika 40:37 The Legion Score 51:37 The Importance of Community 54:16 The Vision for Legion Disclosures This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.