Stork Raises $4.7M, VitaDAO Founders Launch ‘BIO’

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 crew: “The platform plans to develop into MiCA compliant and supply funding entry to non-accredited buyers. By rating buyers by advantage (on-chain and off-chain popularity), somewhat than net-wealth, Legion says groups can construct larger high quality communities, and short-term holders are disincentivized.”