Title: Legion Coin [LEGN] {Scrypt} Masternodes Announcement and swap to new Chain Post by: graveyard1987 on March 19, 2019, 11:08:39 AM LEGN - Legion Electronic Gambling Network Legion Coin is an open source, peer-to-peer, decentralized cryptocurrency designed for the regulated online gambling industry. The global online gambling market is anticipated to generate revenues of more than $74 billion by 2023, growing at a CAGR of approximately 10% during 2017-2023. The Legion team would like to tap into this market by creating a secure and fun environment to play online casino type games, while using cryptocurrencies as payments. The Legion Electronic Gambling Network is in the development phase and looking forward to bringing these products and services to it's users: • Online Betting • Online Casino • Online Lottery The primary platform will be on Desktop application. Mobile applications will be considered as a future development. Legion Coin is run on the Scrypt algorithm and was chosen for the ability to provide fast, secure, peer-to-peer transactions. The Scrypt algorithm also allows for blocks to be "mined/minted" through Proof of Stake (Pos) and Masternodes (MN). A masternode is a server on a decentralized network. It is utilized to complete unique functions in ways ordinary nodes can’t. It can be used for features like direct send / instant transactions or private transactions. Legion Coin History Legion Coin began May 21, 2018 as a community driven coin to takeover previously dead coins and absorb those previous investors and community members. That stage is over and the team pushes forward with a solid use case for the project. The coin specs have limited the team to what can be done for future developments and the team has decided to facilitate a fork to different blockchain while keeping the Scrypt algorithm. The major changes being made are coins specs and increase of Masternode collateral. In order to facilitate these changes, the Legion team asks to swap old Legion coin for new coins on a new blockchain. Swap Details Swap will begin March 17th to April 7th. No coins will be swapped after April 7th. No exceptions. Swap will be 2:1 For every 2 Legion coins you have now will be swapped for 1 new Legion coin. i.e. if you have 10000 Legion now, you will swap for 5000 new Legion coin. Swap process on our discord server. Note: the swap deadline has been moved up to March 31st 2019, please do get you swaps in by this date and swaps later would not be considered. (reason being that 80% of the swaps have already been completed) Coin Distributioin Our new chain will have a max supply 100000000 or 100 mil. We have pre-mined 30 mil and funds are allocated as such: 5mil to each founder ( x3 ) 5mil for swap 10mil for dev / exchanges / marketing (This dev wallet will be held as PoS and not be put into MN. It will only build upon itself by staking ) Masternodes Masternode collateral will be changed to 100k per node. We are already in discussion with listing on a MN hosting platform if you don't want to host nodes on your own vps. After swap is complete we will also be targeting exchanges. We will not have any pre-sales or "ICO" This project has been community driven since the start and we will continue to be the same. OTC sales have not been discussed, but may be considered. Coin Specs Name: Legion Ticker: LEGN Max Supply: 100m Premine: 30% = 30m Confirmations: 10 Block Time: 60 sec Algo: Scrypt MN/POS Reward: 70% / 30% POS Maturity: 1 hours Block 1 = premine Block 2 to 100000 = 40 COIN 28 MN / 12 stake Block 100001 to 200000 = 30 COIN 21 MN / 9 stake Block 200001 to 300000 = 25 COIN 17.5 MN / 7.5 stake Block 300001 to 400000 = 20 COIN 14 MN / 6 stake Block 400001 to 500000 = 15 COIN 10.5 MN / 4.5 stake Block 500001+ = 10 COIN 7 MN / 3 stake MN collateral = 100K Wallets and Source Wallet - https://github.com/Legioncrypto/Legion-Core/releases/tag/v1.0.0.1 Source - https://github.com/Legioncrypto/Legion-Core Community Discord - https://discord.gg/qnkGYeX Twitter - https://twitter.com/Legioncoin1 Telegram - https://t.me/LEGNcoin Exchanges www.altmarkets.io - https://altmarkets.io/trading/legnbtc Block explorer to be up soon Title: Re: Legion Coin [LEGN] {Scrypt} Masternodes Announcement and swap to new Chain Post by: ICOEthics on March 19, 2019, 03:01:03 PM Hello,
DO you a website? Whitepaper? Team with a profile? Please post links. Title: Re: Legion Coin [LEGN] {Scrypt} Masternodes Announcement and swap to new Chain Post by: graveyard1987 on March 20, 2019, 07:24:36 PM Hello, DO you a website? Whitepaper? Team with a profile? Please post links. website is being built, will contain the team profile in it, Whitepaper to follow for the time being you can connect with us at our discord Title: Re: Legion Coin [LEGN] {Scrypt} Masternodes Announcement and swap to new Chain Post by: drwoo on March 20, 2019, 08:41:25 PM Shouldn't you rather give priority to a mobile application or do most people use these applications on a desktop?
Title: Re: Legion Coin [LEGN] {Scrypt} Masternodes Announcement and swap to new Chain Post by: graveyard1987 on March 21, 2019, 06:16:38 PM Shouldn't you rather give priority to a mobile application or do most people use these applications on a desktop? We will be looking in to mobile applications, once we finish our swap and launch on exchanges, it should be in our roadmap Title: Re: Legion Coin [LEGN] {Scrypt} Masternodes Announcement and swap to new Chain Post by: drwoo on March 21, 2019, 07:24:57 PM Shouldn't you rather give priority to a mobile application or do most people use these applications on a desktop? We will be looking in to mobile applications, once we finish our swap and launch on exchanges, it should be in our roadmap Are we still talking about 2019 for the mobile application or will that be a lot later, maybe like next year? Title: Re: Legion Coin [LEGN] {Scrypt} Masternodes Announcement and swap to new Chain Post by: graveyard1987 on March 22, 2019, 03:50:22 PM Shouldn't you rather give priority to a mobile application or do most people use these applications on a desktop? We will be looking in to mobile applications, once we finish our swap and launch on exchanges, it should be in our roadmap Are we still talking about 2019 for the mobile application or will that be a lot later, maybe like next year? looking at 2019 Title: Re: Legion Coin [LEGN] {Scrypt} Masternodes Announcement and swap to new Chain Post by: AmoreJaz on March 23, 2019, 03:14:53 AM you have no presale or ico but you are selling masternodes, right?
how much is the cost per masternode in BTC? or only people in your discord channel will have the chance to know such cost? and waiting what new features are we gonna see on your gambling website? with tough competition, you should offer something different to the gambling community Title: Re: Legion Coin [LEGN] {Scrypt} Masternodes Announcement and swap to new Chain Post by: graveyard1987 on March 23, 2019, 06:59:21 PM you have no presale or ico but you are selling masternodes, right? how much is the cost per masternode in BTC? or only people in your discord channel will have the chance to know such cost? and waiting what new features are we gonna see on your gambling website? with tough competition, you should offer something different to the gambling community We havent been selling masternodes, but we can consider selling MN's OTC Title: Re: Legion Coin [LEGN] {Scrypt} Masternodes Announcement and swap to new Chain Post by: graveyard1987 on March 30, 2019, 02:38:02 PM The swap deadline has been moved up to 31st March 2019, please get your swaps in by then
Title: Re: Legion Coin [LEGN] {Scrypt} Masternodes Announcement and swap to new Chain Post by: viverdebtc on March 24, 2020, 05:08:07 PM There is faucet?
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