Legion Network, a new blockchain ecosystem that combines NFTs, Metaverse, Play2Earn, and Watch2Earn all within a gamified mobile platform, has announced the launch of their $LGX token on the TrustSwap Launchpad beginning February 17th, 2022 at 5PM UTC.
We Are Legion
Legion Network is the first blockchain ecosystem that combines the best services of the industry into one “SuperApp”. They already have a mobile app with over a million downloads and games you can play today!
The Legion ecosystem consists of:
- Bluemoon: the world’s first collaborative NFT Marketplace with an integrated social metaverse
- Arcadia: a GameFi / PlayToEarn platform with an arcade of competitive games
- Legion Rewards: Community engagement platform that allows users to earn NFT’s, Crypto, & Prizes
- Empower: Watch2Earn Platform with high quality courses on Legion Network and other Blockchain projects
The Legion Network has been built as a community-centered platform offering a myriad of opportunities for everyone including working, playing, learning, and earning. Legion allows users to enjoy active communication and collaboration between developers, creators, entrepreneurs, and influencers. The community can participate to earn weekly rewards or enjoy the Learn to Earn concept on the Empower Academy.
A Collaborative NFT Platform and Metaverse
Bluemoon is the first collaborative NFT marketplace with an integrated social metaverse where users are able to transact in the metaverse as well as swap, rent, and showcase their NFTs. The platform has a gamification feature that unlocks additional perks and benefits by interacting on the marketplace.
Legion network is also launching a fully developed VR metaverse. Users are able to purchase the VR rooms and showcase their NFT’s inside the metaverse.
Contests can be created by brands, influencers, and entrepreneurs to request and crowd source NFT’s for new creative concepts including ad visuals, brand identity, and community engagement.
Empower Academy is an online learn-and-earn education platform with a myriad of seminars and lectures structured in a clear and concise way. Users will be able to apply to list their own online courses, workshops, and podcasts with additional gamification features.
Arcadia and Legion Rewards are state-of-the-art features where members will be rewarded for taking part in gaming contests and for completing tasks.
Daily Challenge is a skills based platform where users have 5 turns to compete for the top 20 places and winners will share from the prize pool. There are currently 5 games in Arcadia and more will be added every month.
You can download the app now and start practicing your skills.
The $LGX Utility Token
The $LGX token will be at the core of Legion Network’s entire ecosystem. Legion token holders will earn rewards and get premium access to all of their platforms by staking the $LGX token. This creates a real use case for the token as well as increasing demand in the long term.
Token Utilities include:
- Lower transaction fees for Bluemoon
- Access to additional Bluemoon features
- In-game purchases on Legion Arcadia with LGX
- Revenue from in-game purchases and ads will be used to buy back LGX
- Staking rewards
- Higher tiers for Legion Launchpad (Launching 2022)
More use cases will be added as the ecosystem expands.
Staking $LGX
There are several staking ranks for the LGX token ranging from ‘Silver’ to ‘Legend’. Below is a rundown of each rank and the perks it opens to you.
- Silver: (10k LGX Staked) — Arcadia: 10 turns on Daily Challenge
- Gold: (50k LGX Staked) — Arcadia: 30 turns in Daily Challenge, Access to Bizpad, Level 1 on Legion Launchpad
- Platinum (100k LGX Staked) — Arcadia: Unlimited turns on Daily Challenge, Access to Bizpad, Level 2 on Legion Launchpad
- Diamond: (500k LGX Staked) — Arcadia: Unlimited turns on Daily Challenge, Access to Bizpad, Level 3 on Legion Launchpad, Additional Bluemoon perks, 1 feature on Legion Rewards
- Legend (1M LGX Staked) — Arcadia: Unlimited turns on Daily Challenge, Access to Bizpad, Level 4 on Legion Launchpad, Additional Bluemoon perks, 3 features on Legion Rewards, VIP Member Pass
A Mission to Change the World
So how is Legion empowering creatives and changing the world? By developing this blockchain-based ecosystem to connect people and help them unleash their potential using cutting-edge technologies. Currently, only a small percentage of individual creators earn from NFTs, including private collectors, speculators, and Decentralized Autonomous Organizations (DAOs). But the field is wide open and there is huge scope and potential.
Legion Network has a vision to introduce new categories of NFT buyers into the picture including renowned brands, celebrities, influencers, and game developers, to collaborate and engage with their audiences generating art and boosting popularity.
Developers can crowdsource their design concepts such as creating new skins and weapons for their players. The greatest aspect of this is that all of these developers can benefit from NFT technology and work without fear of anyone stealing their ideas and creations.
Meet The Team
Legion Network Token Offering Details
Legion Network’s $LGX token will be released at an IDO price of $0.075 via the TrustSwap Launchpad and the Sekuritance portal. Legion Network will be performing a subsequent public launch on their app at $0.15. The $LGX token will be available to acquire on PancakeSwap right after TGE. Over 2022, Legion Network will work with partners to expand trading options with plans to include other centralized exchanges and DEXs.
Tokenomics
Secure Launch Process
To ensure a smooth launch, the Legion Network team has agreed to:
1) Have their domain fully SSL certified one week prior to the launch date.
2) Have their domain protected by Cloudflare and share the proof with TrustSwap prior to the launch date.
3) Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
4) Add no less than $200,000 of liquidity immediately upon DEX listing.
5) Distribute tokens to launchpad participants within one hour of exchange listing using a token distributor like disperse or multisender.
6) Lock liquidity within 3 hours of listing for no less than 60 days.
7) Provide the timeline for token distributions and distribute tokens within a one-hour window of the agreed-upon time.
8) Lock 75% or more of team & dev fund tokens for a minimum of thirty days on http://team.finance/ within 6 hours of funding DEX liquidity.
9) Have at least one community moderator on each social platform (Twitter, Telegram, etc.) actively available 24 hours a day for the first 7 days following the launch.
Participation and Allocation
Anyone staking at least 4,000 SWAP is eligible to apply to participate in the IDO round of the Legion Network $LGX token offering granted that individuals (and entities) meet jurisdictional restrictions.
Tokens will be split up among $SWAP stakers proportionately based on their allocation multipliers. For example, a “10” Allocation Multiplier (as seen below) will get you ten times more allocation than a “1” Allocation Multiplier. The more $SWAP you stake, the higher your allocation. There are a total of 50 allocation tiers. Click here for a comprehensive list.
“Swap Score” is the average amount of SWAP staked in your wallet over 60 days. As seen below, long-term stakers are rewarded with higher allocations.
Your “Staked Swap” and “Swap Score” is based on the combined total of SWAP staked between all supported networks (ETH, MATIC, AVAX, BSC) from the same wallet address.
Learn More About Legion Network
To learn more about Legion Network, click the links below:
Step-By-Step Guide
1. On February 17th, 2022 at 5pm UTC, the application window will open and remain open for 24 hours. During this time, go to the TrustSwap Launchpad at https://dashboard.trustswap.com/app/launchpads and click on the blue “Start” button to apply.
NOTE: The SWAP snapshot will be taken at 5 PM UTC on February 18th, 2022. 24 hours after the Launch event begins.
2. Complete all of the steps listed, including uploading all of the necessary KYC documents.
3. The portal will close after 24 hours. Following its close, there will be a waiting period of up to 48 hours as the Legion Network team finalizes internal processes.
4. Upon the success of your application, you will receive an email confirming the maximum amount you are allowed to contribute to the token offering. Within 24 hours, you have the opportunity to send these funds. After 24 hours, your position will be given to the next in line and you will lose it. Only payments in USDC/USDT are accepted on Ethereum (ERC20), BSC (BEP20), and Matic.
5. DEX listing details will be announced soon.
What should I do to prepare for the token offering?
- Based on the requirements set for a guaranteed allocation, stake your $SWAP tokens here before the snapshot on 2/18/2022 at 5PM UTC.
- Take a photo of your government issued ID card (Passport, Drivers License, or any other form of government issued ID card that has your photo in it).*
- Take a selfie of yourself holding the ID card along with a note that reads: “Legion 2022”.*
- Make sure to follow the TrustSwap Announcement channel for updates and confirmations.
- Submit your details and documents at any point during the 24 hour window at https://dashboard.trustswap.org/app/launchpads.
*Note: Steps 2 and 3 are not necessary if you have an active registry with Sekuritance KYC. You can save time by pre-registering at portal.sekuritance.com.
Who Can Participate in the $LGX Token Offering?
Anyone not domiciled in the USA or UN-sanctioned countries can participate in the Legion Network token sale.
Disclaimer: Launchpad dates are subject to change. This is not an endorsement, partnership or an offer for investment by TrustSwap. Legion Network is using the TrustSwap Launchpad as a customer, with specific requests as to how they need their launch to operate. TrustSwap is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.
