Legion
16 employees on LinkedIn Β· 3 known investors
Legion operates a crypto token sale platform that ranks participants by a reputation metric called Legion Score, based on onchain activity, wallet history, social presence, community contributions, and developer experience. Projects use the score to allocate token sales when demand exceeds supply, aiming to distribute tokens to active participants rather than the wealthiest bidders.
Also known as Legion Β· legion.cc
Founders & leadership
Investors Β· 3
Company profile
researched Aug 2026Legion (legion.cc) operates a crypto fundraising platform that connects token projects with retail investors, allocating participation rights on the basis of a reputation measure the company calls the Legion Score rather than purely on capital committed. The score is composed of sub-scores for onchain activity, developer work, social presence, value add and proof of humanity, and higher scores translate into larger allocations in a sale.
The platform positions itself around three claims: curation, reputation-based access and regulatory compliance. Legion states that it accepts only the top 2-3% of projects it reviews, that it operates under MiCA with consumer-protection, market-abuse-prevention and anti-money-laundering controls in place, and that it typically works with projects close to token listing so that allocations become tradable relatively soon after a sale. Its site reports cumulative platform activity of more than 30 compliant sales, over 350,000 verified users and more than $450 million in committed capital or demand, and lists recent pre-ICO sales including Yield Basis, Giza and Sport.fun with sale targets in the $0.5-1 million range.
Business model
Legion runs a two-sided marketplace: token-issuing founders raise capital through compliant sales hosted on the platform, and verified retail investors receive allocations sized by their Legion Score. The site does not disclose fee structure or pricing.
Traction
The company reports more than 30 completed compliant sales, over $450 million in capital committed or demand, and over 350,000 verified users. Recent listed sales include Yield Basis (sale target around $1 million, roughly $1.95-2 million committed), Giza (approximately $1-1.5 million sale target and committed funds) and Sport.fun. Figures are self-reported and the site's displayed numbers are internally inconsistent in places.
Latest developments
The company's homepage carries an announcement of a partnership with the exchange Kraken. No date or terms for the partnership are given in the available sources.
βΈFull profile β market position, technology, go-to-market, geography, risks & controversies
Market position
Legion presents itself as an alternative to conventional token launch mechanics, emphasising curation, regulatory compliance under MiCA and merit-based allocation. Sources do not identify named competitors or market share.
Differentiators claimed on the company's site are reputation-weighted allocation rather than first-come or capital-weighted access, heavy project curation (top 2-3% of reviewed deals), MiCA-aligned compliance covering consumer protection, market abuse and AML, and a focus on projects near listing to shorten time to liquidity.
Technology
Core technology is the Legion Score, a reputation model that aggregates onchain activity, developer contributions, social presence, value add and proof-of-humanity signals into an allocation-determining score, layered on top of a sale-hosting platform with identity verification for participants.
Go-to-market
The platform recruits investors directly through open sign-up and score calculation, marketing itself to builders, developers, commentators and active crypto users, and sources issuers through a selective review process that admits a stated 2-3% of reviewed projects. It also publicises exchange and industry partnerships, including one announced with Kraken.
Two groups: crypto founders seeking to raise capital ahead of a token listing, and retail crypto investors β described by the company as builders, developers, thought leaders and active traders β who want day-one allocations in token sales.
Geography
Not disclosed in the sources; the MiCA compliance claim implies activity oriented toward the European Union regulatory regime.
Risks & controversies
No controversies are reported in the available sources. Key uncertainties are that essentially all quantitative claims are self-reported by the company, that some sale figures shown on its own site conflict with one another, and that the business depends on token-sale regulation such as MiCA.
Compiled by commissioned research from 6 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 1
launches, deals, and filingsLegion's website carries an announcement banner for a partnership with Kraken. No further terms are stated on the site.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 6
primary sources listed
- Legionlegion.cc Β· web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Legion do?
- Onchain capital formation platform giving retail investors merit-based allocations in curated pre-ICO and token sales.
- Who are Legion's investors?
- Legion's investors include Coinbase Ventures, LongHash Ventures, Mirana Ventures.