Legion, which describes itself as a “meritocratic ICO platform,” has come out of stealth to announce $2 million in funding from founders, accelerators, and angel investors. Investors include Cyberfund, AllianceDAO, Delphi Labs, CoinGecko, Mike Dudas, Alex Svanevik, Peter Smith, Maggie Love, John Woo, Ryan Watkins, LongHash, and others. According to the team, “The platform will be MiCA compliant and provide access to investments to non-accredited investors. By ranking investors by merit (on-chain and off-chain reputation) instead of net worth, Legion says the team will be able to build a higher-quality community and will disincentivize short-term holders.”
