Legion launches token using Sekuritance as compliance partner

economictimes.indiatimes.com:

Legion Network to launch a new LGX token on the Binance Smart Chain (BSC) on February 17. The new blockchain aims to bring tokens, NFTs, P2E games and metaverse together in a single super application. The IDO will be occurring on the new Sekuritance Portal. ‍An initial DEX offering or IDO refers to the launching of a cryptocurrency on a decentralized exchange (DEX). In an IDO, a blockchain project makes a coin's first public debut on a DEX in order to raise funding from retail investors.

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The contributing currencies include Tether compatible with the Ethereum (USDT ERC-20), USD Coin compatible with the Ethereum (USDC ERC-20), and Binance USD (BUSD). All are the dollar pegged stablecoins. The legion ecosystem includes five products including Bluemoon — a collaborative NFT Marketplace; Arcadia- a play to earn platform; Empower- a watch to earn platform; Rewards — a giveaway platform; and Bizpad — a Web3 software. The Legion token (LGX) will be the core of the entire Legion network ecosystem. Legion token holders will earn rewards and get premium access to all of their platforms by staking and then locking away the token for a certain period. Legion Network’s IDO will be released at a public price of $0.075 per token and will be publicly launched on the app at a price of $0.15 a token. There are a total 4.67 million tokens (4,666,666) available in the sale. The LGX token will be available to acquire on PancakeSwap right after TGE (Token Generation Event). Legion Network is planning to expand trading options with plans to include other