Bringing justice to the Blockchain Space?
LEGION is the latest and “greatest” meme coin which was in making after the so-called direct threat of Anonymous group to Elon Musk, which at present we can’t verify independently, but surely there are some links as per our preliminary analysis.
On their official website, Legion team states the following:
“The ever uncertain world of blockchain has been more of hot breeding ground for not so legit projects lately that literally took life savings from countless number of people, newbie and experienced alike. Be it not so legit projects in the space or some erratic tweets from so-called genius, billionaires; in the end we the small traders have suffered the most. So the birth of Legion.
The very value that legion is built on is to giving back to the community and stop this epidemic of not so legit projects in the blockchain space.”
After exploring a little, I was thrilled to understand their concept. They want to somehow help/donate to the people who bear a loss in not so legit & rugged projects and people who lost money due to the whole Elon Musk tweet fiasco. Although it is not clear yet how they are gonna pull it through, but in this decentralized blockchain era one can easily prove if he/she has actually bear a loss from a rug/not so legit projects.
They have a mechanism for fee redistribution which looks pretty solid and might attract investors. Every transaction attracts a 2% burn of LEGION eventually decreasing the supply and making LEGION more scarce. Another 2% airdropped to the holders. The rest 1% of the 5% will be utilized for the purpose we mentioned in the previous paragraph for donation to people made loss in not so legit projects and tweet manipulations.
Roadmap of Legion looks exciting. In stage 1 itself, they are gonna start their donation drive for people who made loss in not so legit projects. It will be exciting to see that happening. In the later stages, they will be coming up with their own tool for analysing projects and checking their credibility before they go live. That is something we are looking forward to. We are in need of such a tool which could guide newbie more efficiently.
The tokenomics is as follows:
Tokens apart from Community Sale (80%) are locked for at least a month.
If you’re on a mission to get to the moon, our latest pick LEGION (CCC:LEGION-USD) might help you fly there.
You can follow them on:
Website: LegionForJustice.com
Twitter: @LegionTokenTeam
Telegram: @LegionForJustice
YouTube: Channel URL
Sub-Reddit: r/LegionForJusticeFam
