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Crypto VC Legion Ventures Delivers on NFT Utility
February 02, 2022 7:58 AM EST | Source: MediaR3
Bucharest, Romania--(Newsfile Corp. - February 2, 2022) - Community-driven venture capital firm Legion Ventures has announced their NFT collection which blends unique art with a leap forward in the realm of NFT utility.
Legion Ventures
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Legion Ventures was founded in March of 2021 with the goal of democratizing access to early-stage venture capital opportunities within the blockchain ecosystem. Since its inception, the team, along with their growing community, have invested in 100+ early-stage crypto startups and have invested more than $6.7m with an average return of 1200%.
The next step for Legion Ventures is its natural evolution from a community-driven VC firm to an NFT-powered investment DAO.
Their NFT collection grants access to future private and seed sale allocations and, notably, a profit-sharing mechanism through the Legion Ventures Crypto Fund.
Every NFT holder will receive a pro rata share of 20% of the profits from their professionally managed crypto fund, whilst 50% of the profits will be distributed back to the fund. Their goal is to create a self-sustaining and perpetually growing source of passive income for all members of their investment DAO.
In addition to this source of passive income, those who acquire allocation in the early-stage investment opportunities will be able to trade their allocations to anyone, whether they hold an NFT or not, through their upcoming automated OTC marketplace.
Anomander, the founder of Legion Ventures, commented on the upcoming launch of the Legion Ventures NFT collection:
"The evolution of Legion Ventures into an investment DAO is a remarkable milestone in the Legion Ventures journey. Our professionally managed crypto fund is on a mission to prove that crypto funds are the best way to deploy capital in the blockchain world, come bull or bear."
The Legion Ventures community is accessible on Telegram, Discord, and Twitter.
Contact:
Name: Legion Ventures
Email: hello@legion.ventures
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/112482