Legion plans to launch the compliant rights sales feature in the first quarter of next year, promoting the "Token as Rights" model

2025-12-12 08:47:39

Foresight News: The co-founder of token sales platform Legion, Matt OConnor, stated at the Solana Breakpoint conference that Legion will launch multiple Solana ICO projects within the next 60 days and plans to introduce a compliant rights sale feature in the first quarter of next year, providing a compliant pathway from seed rounds to public token offerings. Matt OConnor pointed out that the traditional dual-capital structure of “equity + tokens” has caused approximately $250 billion in value destruction over the past five years, leading to VC protection of equity holders while token holders suffer. Legion aims to promote the “Tokens as Equity” model, enabling on-chain native equity issuance, granting token holders cash flow, governance rights, and trading rights, thereby integrating ICOs with IPOs.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes

Reward
1
1
Repost
Share

Comment

0/400

MaDevelopmentDevelopme

· 2025-12-17 02:39

Legion, you need to list on more exchanges. How can a project with a market cap of tens of thousands be the decision-maker? First, get yourself to a 100 million market cap.

View OriginalReply0

GateNewsBot

Data: In the past 24 hours, the entire network has been liquidated for a total of $324 million, with long positions liquidated for $245 million and short positions liquidated for $78.2539 million.

3m ago

Data: BTC drops below $91,000

1h ago