Discover Legacy Project - An Electronic Legacy Protocol

Project description

The Legacy Project is a layer 2 protocol built on the Polkadot blockchain which enables the authentication of death and the triggering of the terms of a will defined for the distribution of cryptocurrencies owned by the deceased on exchange platforms and wallets decentralized to his beneficiaries. The protocol only connects to decentralized platforms to ensure the reliability of inter-block connections that will be used to retrieve cryptocurrencies stored in multiple locations. A KYC process is required for the beneficiaries to register. They will also be asked in addition to an official oracle to act the death of the testator.

Usability

To use the Legacy protocol, any legatee will have to stake LEG tokens to unlock the service. It means that the service is free as the LEG tokens will be part of the Legatee’s assets.

Network Value

The more Legatees enter the network, the more LEG tokens will be staked and so the value will increase.

DeFi projections

The Legatee will be able to collateralize his assets in order to take advantage of the DeFi.


Contact us:
contact@legacyproject.io
https://legacyproject.io

Join us:
https://t.me/joinchat/HhgY2rATwhiKoWt9