Please give a warm welcome to @legiondotcc, the latest team joining Superteam Black. Legion is a fundraising platform for compliant token sales, helping projects allocate tokens to investors based on merit rather than speed. Each user receives a Legion Score built from their onchain history, allowing teams to prioritize people who can genuinely add value instead of whoever runs the fastest bot. Legion has run sales in partnership with platforms including Kraken and Bybit. The team is led by co-founders @fabrizio_builds and @matty_, with @0xEvgeniy leading operations. They’ve raised $7M across two rounds. The $5M extended seed was led by VanEck and Brevan Howard Digital, with participation from GSR, Kraken, Coinbase Ventures, and others. Their earlier $2M seed round included Delphi Ventures, Alliance DAO, Cyber Fund, and angels including Alex Svanevik, Mike Dudas, and Ryan Watkins. The two most recent notable raises on Legion were Squid, which reached its $2.2M hard cap with over $26M committed, and Solstice Finance, which raised approximately $362K.

Tokenization is the most misunderstood word in finance right now. > BlackRock tokenized a money market fund > Figure tokenized its own equity > Someone tokenized a Pokemon card, or a flat in Dubai, or an Anthropic SPV When 10 people say "tokenization," they mean 10 different things. Some of these tokens can be traded by anyone. Some require KYC or a whitelist. Some are available to the US. Some aren't. Some can't be traded at all. Some protect token holders if the issuer goes bankrupt. Others screw token holders in that case. That's why you're confused. In this video, I'm breaking down: - Why tokenization matters: it's the same evolution that took us from paper to electronic records, now one step further - Why a Pokemon card, a house, and a share of stock all tokenize completely differently, and why the laws governing each asset decide how - The two types of tokenization: receipt-based, where the token is a claim on an asset held somewhere else, and native, where the token *is* the record of ownership - Why native is the one to watch: Figure filed with the SEC, the same filing you'd make for an IPO, to issue tokens that are literal shares of the company Chapters: 00:00 Introduction 00:35 Why tokenization matters 02:32 Why it means 10 different things 05:21 What it really means to tokenize an asset 07:38 Receipt-based vs. native tokenization Follow me and hit the bell so you don't miss the next one.

My story inside TheRepublic started with this very post. Back then, I was complaining that it was almost impossible for a non-major influencer to get an allocation. After some time of actively participating in the platform’s life, I received a community allocation in the @squidrouter sale! Yes, they had just stopped accepting applications and the team was only preparing to review them - yet I already got approved! You might say it’s a bear market right now and allocations are being given to everyone, but these guys were oversubscribed 26 times over the target! Big thanks to @James_Gets_It , who listened to my criticism back then and invited me to the platform. Onward and upward - so come join us!

We reviewed 1360 applications on @legiondotcc over the weekend, for the Squid Public Sale If you're thinking of participating in an ICO in the future, here are my tips for making the best application possible 📝