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Legion, a merit-based on-chain crypto fundraising platform aimed at reshaping early-stage crypto investments, has successfully launched on Arbitrum, the leading Ethereum Layer 2 network, and Solana, a public blockchain and open source that supports smart contracts, including non-fungible tokens and various decentralized applications. To celebrate its launch, Legion launched an NFT giveaway event.
Legion Launches Tensorians NFT Giveaway
In an October 31 blog post, Legion confirmed the launch of a non-fungible token giveaway to celebrate its launch on the Solana blockchain network. The new merit-based fundraising company plans to offer ten Tensorians, a famous collection of non-fungible tokens including a limited supply of 10,000 NFTs hosted exclusively on the Solana blockchain network.
🚨 Tensorian Gift! 🚨
Legion scores are now live, including chain scores and unique achievements in EVM and Solana.
To celebrate, we are giving away TEN Tensorians.
Details 👇 pic.twitter.com/NRUcroJtiS
– LEGION (@legiondotcc) October 31, 2024
Legion is a new blockchain-based fundraising platform launching on October 30, 2024. The platform uses blockchain technology to enable projects to raise capital while allowing investors to evaluate and support projects based on their deserved. It leverages blockchain technology to provide a transparent and efficient way for projects to raise capital while ensuring that investors can evaluate and support projects based on their merit.
By prioritizing merit, Legion strives to revive the collaborative spirit of the early ICO boom. This new fundraising model will allow projects to gain engaged communities rather than just large portfolios, venture capitalists to access high-quality deal flow, and retail investors to take advantage of early-stage opportunities. Legion has a proprietary reputation system, Legion Score, allowing investors to showcase their non-monetary contributions to projects, allowing founders to choose from a pool of value-driven investors.
Legion fundraising platform receives warm welcome
Legion has already received a warm reception among the crypto and NFT communities, with many users eager to see the platform redefine fundraising on Solana. The merit-based fundraising platform has launched a campaign to market this new platform. Legion requires users to visit its website to generate their Legion score. The fundraising platform requires users to share their scorecards on X or Farcaste to increase scores.
Looking forward to seeing @legiondotcc redefine fundraising on Solana! 🔥 Proof of Work Meets a Game Changer in Community-Driven Investing!
– czverse.𝕏⚔️ (@czverse) October 30, 2024
Earlier this week, Inifinex, an upcoming decentralized exchange platform being developed by Synthetix, managed to raise over $67 million through a similar on-chain fundraising model. The NFT platform prepared an NFT sales event, which was launched and concluded on Monday, attracting the participation of notable venture capitalists, angel investors, and members of the NFT and crypto communities.
We are excited to announce the completion of our $67.70 million Patron Sale with the support of leading founders, foundations, funds and communities in the onchain ecosystem.
Infinex is ushering in the next phase of our industry, the “post-CEX era.” pic.twitter.com/MVxrObVrbn
-Infinex (@infinex_app) October 28, 2024
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