Legacy Project - An Electronic Legacy Protocol

[LegacyProject]

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

[necromastery]

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

It looks like starting from the ground up, in the telegram group, only 5 members joined. But you are serious about this project right? The information you are currently displaying is really very short, even on the website it looks like nothing but a few sentences, so when will the full information be released?

[iphone5s]

What kind of joke this? There isn't much information about the project they are doing and maybe it is too soon of what they will plan. But it's best if the team is not ready you should make a design first before creating a thread.

[proDissc]

Well it is very strange project I think - LEG tokens will remain locked on the wallet until the death is authenticated by a certified oracle and the beneficiaries themselves. What??

[the rise]

The information is very short but the purpose of this project looks interesting in the future, if the team is serious about carrying out this project, there will be many people interested in using legacy services, but currently there is not much information, I want to see it in full

[TimeTeller]

The information is very short but the purpose of this project looks interesting in the future, if the team is serious about carrying out this project, there will be many people interested in using legacy services, but currently there is not much information, I want to see it in full

This is my first time seeing a mission like this for a blockchain project.
But we need to see more of the details as it seems they are just in the early stage of development.
And also, since they will ask KYC on this platform, they should also disclose the team members working on this project.
To trust their services, they need to be transparent also with their team and development.
This is actually nice concept if they can materialize this project.