The Evolution of Passive Income: Legion Ventures

Contents

The Evolution of Crypto Investing
Opportunity Cost
The Legion Ventures NFT Collection
Tiers
Utility
Minting Prerequisites
TL;DR
FAQ

The Evolution of Crypto Investing

Launchpads

It’s no secret that, in the world of cryptocurrency, launchpads are a dime a dozen. Partly because of this oversaturation, and partly because of the stale and outdated tokenomics of these launchpads, their users are often dealt the weakest hand when it comes to IDOs and early-stage investments.

Community VCs

Legion Ventures 2.0

Investment DAOs

Opportunity Cost

We’ve analyzed 10 launchpads: Seedify, Oxbull, Red Kite, Trustpad, Blokpad, Paid, GameFi, Solanium, BullPerks, and EnjinStarter. Below are the findings based on this raw data:

  • 13 require tokens worth under $4000
    - 9 are lottery based
    - 3 are FCFS
    - 1 provides a guaranteed allocation of $39-$48 (based on a $100,000 allocation and 1000 wallets)
  • 7 require tokens worth between $4000 and $8000
    - 3 are lottery based
    - 1 is FCFS
    - 3 are guaranteed
  • 6 require tokens worth between $8000 and $12000
    - 2 are lottery based
    - 4 are guaranteed
  • 30 require tokens worth over $20000
    - 1 is lottery based
    - 2 are FCFS
    - 27 are guaranteed

The Legion Ventures NFT Collection

The Legion Ventures NFT Collection is, in part, devolving ownership of Legion Ventures to the most important member; you, our community.

Tiers

  • Mints: 600 (500 for sale + 100 in Treasury)
  • Value: 1.5 ETH
  • Allocation: $200
  • Method: FCFS
  • Chance of entry: 20%
  • Pool: 20%
  • Mints: 300 (250 for sale + 50 in Treasury)
  • Value: 3 ETH
  • Allocation: $400
  • Method: FCFS
  • Chance of entry: 25%
  • Pool: 25%
  • Mints: 200 (150 for sale + 50 in Treasury)
  • Value: 4.5 ETH
  • Allocation: $600
  • Method: FCFS
  • Chance of entry: 33%
  • Pool: 30%
  • Mints: 100 (50 for sale + 50 in Treasury)
  • Value: 8 ETH
  • Allocation: $1000
  • Method: FCFS
  • Chance of entry: 50%
  • Pool: 25%
  • Requirements: You don’t need an NFT to participate
  • Allocation: $50
  • Pool: 5%
  • Method: Lottery
  • Loyal community members will be prioritized based on previous investments
  • The Treasury will be used for community giveaways, partnerships, marketing, and the like.

Utility

1. Seed/Strategic/Private investment opportunities

We’re dedicated to funding projects in their early stages that we deem can have a significant impact on their respective niche.

  • If you hold Tirones, you are eligible for a $200 maximum contribution on a FCFS (First Come, First Served) basis. Your chances of getting into the deal are 20% — meaning 1 out of 5 Tirones holders will be able to contribute.
  • If you hold Principales, you are eligible for a $400 maximum contribution on a FCFS basis. Your chances of getting into the deal are 25% — meaning 1 out of 4 Principales holders will be able to contribute.
  • If you hold Centurions, you are eligible for a $600 maximum contribution on a FCFS basis. Your chances of getting into the deal are 33% — meaning 1 out of 3 Centurions holders will be able to contribute.
  • If you hold Primus, you are eligible for a $1,000 maximum contribution on a FCFS basis. Your chances of getting into the deal are 50% — meaning 1 out of 2 Primus holders will be able to contribute.
  • For all tiers: The individual allocation will increase linearly with the total allocation (if the total allocation doubles, then the individual allocation doubles as well)
  • 100 of our most active members (either in previous deals or in our Discord/Telegram/Twitter community) will have the opportunity to invest $50.
  • The ticket value ($50) won’t increase linearly with the total allocation, it will be fixed.
  • The number of tickets (people that can contribute $50) will increase proportionally with the total allocation.
  • If the total allocation were to be $200,000, then we will have 200 winners.
  • The remaining $20,000 will go to the other NFT holders
  • If there’s anything left after the first 2 rounds, it will become available to the public on an FCFS basis. (the individual allocation/wallet will be determined on a deal by deal basis)

2. Tradeable Allocations

Legion Ventures NFT Marketplace

The Legion Ventures NFT Marketplace will allow you to trade either full or partial allocations that you’ve bought into through Legion Ventures.

  1. The Legion Ventures NFTs will be traded on OpenSea for now.
  2. Only the allocations will be tradeable on our marketplace.
  3. There are different fees for Legion Ventures NFT trading and for Legion Ventures allocations trading.
  4. You’ll be able to connect directly with your wallet to our marketplace.
  5. Anyone will be able to buy allocations, no NFT required.
  6. Only if you have an allocation from LV you’ll be able to sell it, either full or partially and again, no NFT required.
  • For the Legion Ventures NFTs: 5% per trade to Legion Ventures + 2.5% to Opensea
  • For the Legion Ventures allocations: 5% per trade to Legion Ventures
  • You can sell your NFT on OpenSea
  • You can buy partial or full allocations from our NFT Marketplace
  • You can sell partial or full allocation on our NFT Marketplace
  • You can only sell locked allocation
  • The tokens received at TGE will not tradeable on our marketplace
  • You can buy our NFT on OpenSea
  • You can buy partial or full allocations from our NFT Marketplace
  • You can sell partial or full allocations you previously bought from LV
  • You can sell partial or full allocations you bought using our NFT Marketplace
  • You can only sell locked allocation
  • The tokens received at TGE will not tradeable on our marketplace

3. Yearly Dividends

Legion Ventures Crypto Fund

The utility of our NFT Collection doesn’t stop at tradeable allocations and high-quality early-stage investment opportunities.

  • 20% will go to the NFT holders pro-rata
  • 20% to the LV team
  • 10% management fee
  • 50% will be reinvested to grow the fund further with the goal of creating a perpetually growing fund, and, consequently, more valuable NFTs.

Minting Prerequisites

We’re launching a brand new Legion Ventures website with a Web3 wallet login feature.

  • After logging in, you’ll be presented with the NFT sale which will open at a specific time (TBA). The exact date and hour will be timely communicated on Discord, Telegram & on our website.
  • Purchase the NFT through the website and it will be immediately delivered to your connected wallet.
  • The NFTs will be minted on Ethereum (ERC20)
  • You’ll be able to buy them using ETH.
  • The Legion Ventures NFTs will be further traded on Opensea

TL;DR

The current early-stage crypto investing landscape has grown stale and is plagued by problems across the board due to the nature of launchpad investing.

FAQ

What’s the utility of Legion Ventures NFTs?

Join The Legion Ventures Community

Telegram Community RO | Twitter |Telegram Community EN | Website

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Legion Ventures

Legion Ventures

307 Followers

A community driven venture capital that enables conventional retail investors to invest in early stages alongside the professionals and major players.