Bahzad Ali
@bahzad
1221 Following
542 Followers
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Announcing Legion 🪽
Legion emerges from stealth with a promise: we will democratize access to early-stage investments.
Here’s how ICOs were dethroned and how we’ll even the playing field for all investors 🧵👇
👉 1/ In 2014, a visionary young programmer named @vitalik.eth announced an ambitious ICO: Ethereum.
Anyone, anywhere in the world, could participate, he said, by sending in a small amount of #bitcoin.
👉 2/ Orange coin flowed, Ethereum went live, and this ICO possibly became the fairest, most open, and most successful community-based fundraising model in history.
In a word, ICOs freed early-stage capital markets from the Silicon Valley Citadel.
👉 3/ Suddenly, baristas, Uber drivers, and mechanics found themselves on equal footing with turtle-neck-wearing VCs.
This revolution in early-stage funding had an unforeseen side effect, too… 6 replies
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