❓FAQ

1. What is Legion Ventures?

  • Legion Ventures is a Web3.0 Investment & OTC Platform that democratizes investment access for retail traders.

2. What is Legion's circular economy model?

  • Legion's circular economy involves revenue-share payouts, deflationary buy-backs, and rewards & incentive programs.

3. How is the Legion Community Fund governed?

  • The Community Fund is governed by NFT holders through the Council.

4. What is the role of Legion's NFT Collection?

  • The NFT Collection provides exclusive access to high-quality allocations, discounted fees, revenue share, and governance rights.

5. What is the utility of the $LEGION token?

  • $LEGION is used to pay transaction fees, reduce platform fees, and earn rewards and passive income.

6. Can users trade allocations on Legion's platform?

  • Yes, users can trade allocations on Legion's OTC marketplace for liquidity and flexibility.

7. What are the benefits of Legion's NFT tiers?

  • NFT tiers include Primus, Centuri, Principa, and Tirones, each offering unique benefits and privileges.

8. How can users join Legion's Council?

  • To join the Council, users must hold at least 1 NFT, lock a minimum of 0.1% of the total $LEGION supply, and be eligible for a voting process.

9. How does Legion handle loss coverage in the Community Fund?

  • The Community Fund can cover losses from unsuccessful investments, ensuring responsible fund management.

10. How does the Legion DAO handle proposals?

  • The DAO, governed by NFT holders, proposes changes and initiatives in the community's best interest.

11. How can users stake $LEGION tokens?

  • Users can stake $LEGION tokens to unlock extra discounts on platform fees and become eligible for revenue share.

12. How many NFTs are in the Legion Collection?

  • The Legion NFT Collection consists of 600 unique NFTs across four tiers.

13. How does Legion handle the burning mechanism for $LEGION tokens?

  • Using $LEGION tokens to pay fees automatically burns the tokens, contributing to a continuous deflationary mechanism.

14. What is the expected date for Legion's Token Generation Event (TGE)?

  • The TGE is expected in May.

Last updated