what's legion?
Legion is a merit-based, MiCA-compliant crypto fundraising platform designed to democratize access to early-stage token investments by replacing traditional ICOs with a fairer, transparent system. It leverages on-chain capital formation, mechanism design, and decentralized reputation to allocate tokens based on user merit scores derived from on-chain activity, social engagement, and GitHub contributions, ensuring bots and insiders are minimized. Key innovations include a two-phase sale structure—merit-based followed by FCFS—integrated with major exchanges for immediate liquidity, and compliance features to support sustainable project growth. Legion targets emerging Web3 projects seeking efficient fundraising while positioning retail investors for high-potential opportunities, as seen in its oversubscribed YieldBasis sale that attracted $195M in deposits. Notable partnerships include Kraken for co-hosted launches, VanEck and Brevan Howard as investors, and integrations with ecosystems like Curve Finance, enhancing its role in on-chain capital markets.
Legion added to Coinbase roadmap; hired CT Lead for ICO strategy and tokenomics.
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ethereum
Added to Coinbase listing roadmap.
hired @WazzCrypto as CT Lead to shape ICO strategy and tokenomics messaging
Explored as a potential ICO platform for TroveMarkets alongside Sonar, though TroveMarkets ultimately chose not to use either platform.
Terminated curator programs on 2025-12-29, removing all curators from the platform.
Processed a public token sale for Solstice ($SLX) that ended with 666 wallets pledging $923K total against a $4M hard cap target, with full refunds now available through the platform.
Received over 600 applications for participation as of December 23rd, 2025.
Pre-sale scheduled for December 22, 2025 at approximately 12:34 GMT.
Featured in CoinMarketCap's 2025 Crypto Wrapped report as one of five innovative launchpads that powered standout launches in 2025, highlighted for its reputation-first allocation mechanism.
Solstice sale allocations will be based on Legion Score, Flares ranking, and Xeet leaderboard ranking, with the sale expected around Dec 22.
Solstice Finance (SLX) community sale launches on Legion platform next week.
Platform announces expansion beyond football into NFL, NBA, and additional sports, with token sale allocations scheduled for distribution on Dec 20th. (IDs: 2000617446202626352, 2000612914965733393)
Football dot Fun reports $90M+ trading volume with strong week-1 and month-1 retention metrics. The ICO sale payment will be conducted in USD1 on the Legion platform. (IDs: 2000576374675747275, 2000581163891450150)
Football dot Fun ($FUN) ICO opens Dec 16 at 1pm UTC through Dec 18 at 1pm UTC with $60M FDV, $3M softcap target, 50% unlock at TGE and 50% 6-month linear vesting, with Kraken listing at launch and $30M annualized revenue reported.
Co-founder Fabrizio confirmed as speaker for ETHDenver 2026.
Footballdotfun ($FUN) ICO launches on Legion platform Dec 16 via Kraken partnership (second Kraken launch after $YB), with allocation determined by Legion score and additional criteria to be published. The project received investment from Base's Ecosystem Fund and generated $10M revenue in the past 3 months.
SportFUN ($FUN) ICO is conducting on the launchpad with a $5M hardcap. Previous platform launch YieldBasis delivered 4x returns from launch.
Platform faces allegations of allowing rugs on multiple projects, specifically TEN and Almanak, with claims that Legion insists on projects using the same market maker.
Legion sale for Tria is 66x oversubscribed, as the crypto card platform reports 50K users and over $20M in transactions in its first 3 months. (ID: 1999478311110738385)
Millions of Almanak tokens were claimed in a single block and immediately dumped during the token launch, raising concerns about the platform's distribution mechanism and fairness to long-term supporters.
Equity sales feature launches on the platform in Q1 2026.
Sport.fun reports $10M+ revenue, $30M+ deposits, 20,000+ paying users with 71% week1 retention, and ranks as #1 consumer app on Base in Q3. NFL launches on the platform with NBA coming next as part of multi-sport expansion.
The $FUN token sale features a merit-based allocation system using Legion Score rather than first-come-first-serve, with Sport.fun team assigning allocations based on Legion Score and additional criteria to be published soon.
Almanak completes TGE after raising at $90M FDV on the platform, now trading at $46M FDV representing approximately 49% decline from ICO valuation.
$FUN token from Sport.Fun launches on December 16th, 2025 on the platform and Kraken exchange, following $90M in trading volume on Base.
Receives investment from Coinbase Ventures' Base Eco Fund.
Serves as the reward distribution platform for Almanak airdrop portal launching tomorrow, with pre-market price at $0.09.
The $FUN token will list on Kraken exchange immediately following its ICO on the platform.
Announces upcoming $FUN token sale on platform for Football.fun and Sport.fun, a sports prediction market app on BASE with $10m revenue, date to be announced.
Community Tier allocation completes with 511 new investors receiving allocations for Superform sale, while Public Tier reaches 99% of target ahead of December 10 10am ET close.
Presents at Solana Breakpoint conference in Abu Dhabi on December 12 at 12:25pm on the topic of "onchain IPOs" under the internet capital markets track.
Community sale reaches $2M target and oversubscribes past hard cap, with sale deadline extended to December 8 (community tier) and December 10 (public tier) due to user participation issues and a UI bug fix completed.
Community Tier for Superform UP sale extends to December 7 with 215k wallets now whitelisted including 15k+ Legion accounts, and the sale reaches 50%+ filled with over $1m committed.
Launches Value-Add Score system to track user contributions through staking, holding, and LP activities, currently live for yieldbasis participants with expansion to other projects planned.
Nominated as one of 10 protocols for "protocol of the year" in a CT community poll organized by @Defi_Warhol, with the grand prize being an opinion leader becoming brand ambassador for 1 year.
Legion serves as a backer for the Superform UP token Community Sale curated by cookie.fun.
Team member presents at Solana Breakpoint mainstage on December 12th in Abu Dhabi, covering tokenization and Solana's positioning to bring tokenized equity mainstream.
Community Sale for UP token launches with two-tier structure: Community Tier December 4-6 and Public Tier December 4-8, with pre-sale KYC and wallet connection requirements.
Makina token sale on Legion platform completes with $5.4M deposited from 1,030 applicants, reaching 3.6x oversubscription against $1.5M target.
Legion has not yet conducted its Token Generation Event and is expected to TGE in 2026.
Tria token sale on Legion platform reached 66x oversubscription.
The second community sale on Cookie DAO x Legion launchpad for Superform's UP goes live on December 4.
COOKIE token sale is active on Legion Launchpad with tokens to be distributed directly on the platform. VOOI airdrop registration deadline is 4 hours away requiring connection of EVM wallet, Telegram and X accounts.
Makina ($MAK) token sale on Legion platform ends December 1 at 22:00 JST and has reached 266% oversubscription.
Community accuses TEN Protocol of exit scam after -90% crash post-TGE, with airdrop participants unable to sell before the drawdown occurred.
VOOI token sale is active on Legion platform.
football.fun will be launched on Legion.
TEN Protocol sale on Legion reached 5.6x oversubscription and launched November 27th on Kucoin, MEXC, and Gate exchanges but experienced -80% price drop at launch due to liquidity issues, currently trading at ~$3M market cap with $20M FDV.
Superform $UP community sale goes live December 4 on Cookie launchpad powered by Legion, offering guaranteed allocations at preferential terms to top Superform community members, Cookie capital mindshare Snappers, and COOKIE stakers.
Makinafi ICO on Legion records 200% oversubscription approximately 20 hours after launch with $75M FDV and $1M fundraising target. The project's pre-launch Season 0 reached $94M TVL in 48 hours, with TGE scheduled for Q1 2026 featuring 25% unlock plus 9-month linear vesting.
The Makinafi sale is now live on Legion (restricted for U.K. and U.S. persons). Legion operates as a MiCA-first, reputation-based launchpad with a Kraken partnership.
VOOI announces official tokenomics with 7.5% allocated for initial airdrop at ~$0.02/point based on $112.5M minimum FDV, with a 6-month vesting period.
Makinafi sale launches on Legion next Tuesday at 8 AM EST/1 PM UTC.
Ten Protocol sale on Legion records 5.6x oversubscription with TGE coming soon. Ten Protocol reports 500M testnet transactions and trust from 60+ global banks.
VOOI launches as the first project on Cookie Launchpad with over $20B cumulative trading volume, over $6B monthly volume, and ranks as a top 3 pre-TGE project globally.
VOOI sale completes with 1300% oversubscription in under 30 minutes on Legion, raising $6M against $500k target at $125M public FDV with 100% TGE vesting. Dual-farming bonus runs until Dec 5 for trading VOOI and Aster pairs.
Legion sale completes with $66.7M oversubscription, with Tria receiving backing from Arbitrum and Polygon while pushing out new app features.
Top 10 Legion users by capital mindshare receive $6,250 guaranteed allocation in VOOI launchpad sale through Cookie.
The previous YB sale recorded 98x oversubscription. VOOI receives backing from YZi Labs and Echo (acquired by Coinbase), offering 15% allocation bonus to Cookie Snappers and 5% to $COOKIE stakers.
VOOI claim application link goes live, requiring users to connect wallet, Telegram, and X accounts to participate. Almanak TGE anticipated soon.
The previous Legion sale (YB token) achieved 4x returns for presale buyers. Cookie cSnappers receive $618,750 worth of Vooi airdrop at $112.5M FDV, scaling to $1,237,500 at 2x FDV and $1,856,250 at 3x FDV.
Tria token launch scheduled for Q4 2025 with $100-200M target valuation after completing its sale on the platform.
The Makina sale launches on November 25th.
VOOI launches as the first project on Cookie Launchpad via Legion on Nov 17 at 1PM UTC with $112.5M FDV, $1.25M raise, and 100% unlock at TGE.
Legion announces Makina as its next token sale, with Makina reporting $94M in TVL before launch.
Legion's Score serves as an eligibility criteria system used to determine participation in token sales, mentioned in the context of use for Kraken.
The Tria token sale on Legion has finished with final numbers of 4,500 applications and $66.7M in commitments at 66x oversubscription.
Tria token sale on the platform reaches $67M in commits with 67x oversubscription, significantly higher than the previously reported $12M at 20x oversubscription.
Makina presale will take place on the Legion platform.
Intuition TGE launches on November 5 at 10AM UTC, with $TRUST tokens claimable directly through the Legion app.
Intuition raises over $3M through community sales on Legion and CoinList combined.
Tria token sale goes live on Legion and reaches 20x oversubscription within one hour, raising $12M with such high demand that the platform page goes down.
Legion achieves $1.2M revenue during closed beta and attracts $17M in applications for the token sale.
Legion token pre-sale goes live for Tria Platinum users, with MON Ventures participating in the sale.
$AZTEC offers OTC trading on Legion at $410M valuation, with expected TGE at $600M+.
Polymarket offers OTC trading at a $9M fully diluted valuation.
Tria operates two live campaigns on MindoAI and Cookie platforms, with the Legion sale date confirmed as November 4th.
Tria achieves listing on Kaito platform.
Makinafi, an infrastructure platform for operators to run onchain strategies, launches an ICO on Legion.
Tria, launching on Legion November 3rd, secured $12M funding and generated $15M transaction volume plus $1.2M revenue in closed beta, with backing from Polygon, Ethereum Foundation angels, EigenLayer angels, and UAE Royal Family.
The project actively recruits a product manager to lead its product team.
Tria partners with Nozomi Network for its community round, offering two sale tiers at $100M FDV (30% TGE unlock) and $200M FDV (60% TGE unlock) with 2-month cliff and 6-month vesting, expanding allocation criteria to include Legion score users, top 50 cSnappers, and mystery communities beyond card holders.
Lit Protocol TGE launches October 30 at 12AM UTC with $LITKEY token claiming available directly in the Legion app.
Tria sale goes live on Legion November 3rd, with priority allocation for Tria Premium Card holders.
Most recent sale was 100x oversubscribed with $200M in deposits; VanEck and Kraken back the project.
Tria will conduct a sale on Legion within a few days.
MegaETH Labs TGE launches in approximately 2 days on Legion platform.
Almanak's raise on Legion was approximately 400% oversubscribed.
Almanak launched via Legion public sale at $90M FDV, with project TVL expanding from $15M to $165M in recent months.
Echo acquired for approximately $400m. Legion may pioneer token-based approach rather than equity route.
Competitor launchpad Echo has been acquired.
CryptoRank data shows Legion's all-time high ROI at 4.12x, with competitor launchpads echo and MetaDAO achieving 24.15x and 12.44x respectively.
Legion operates as a syndicate providing funding for projects building on the Base ecosystem.
Major token unlock scheduled for November 15. 1.5M YB tokens staked in YB/crvUSD pool.
Users are eligible for Monad airdrops. (ID: 1978796382862389305)
Legion announces partnership with Kraken exchange, with team members discussing the ultimate vision of the collaboration beyond the existing trading relationship.
Legion platform allocated $YB tokens at $0.2, which traded at approximately $1.6 in premarket, delivering 8x returns for participants.
Binance Earn offers 10% APY for YB token staking and WBTC/cbBTC pair yields 35% APR.
Users report 7-day USDC withdrawal restrictions on Legion platform. YieldBasis permalocking feature requires 4-year initial lock followed by permalock option in 2 transactions, yielding NFT rewards.
Yieldbasis TVL cap increases from $30M to $150M post-TGE, with oversubscription rounds totaling nearly $800M demand split between 192x on Legion platform and 272x on Binance Wallet.