Radix Plans $37M Endowment Fund, Fetch.ai Starts San Francisco Innovation Lab

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 embody Cyber Fund, AllianceDAO, Delphi Labs, CoinGecko, Mike Dudas, Alex Svanevik, Peter Smith, Maggie Love, Jon Wu, Ryan Watkins and LongHash. In accordance with the crew: “The platform plans to change into MiCA compliant and supply funding entry to non-accredited traders. By rating traders by advantage (on-chain and off-chain popularity), moderately than net-wealth, Legion says groups can construct greater high quality communities, and short-term holders are disincentivized.”