In Episode 39 of Chain Reactions, we’re joined by Fabrizio, co-founder of Legion, to explore one of the most misunderstood truths in crypto: capital formation is the killer application for blockchain.
We go deep on the broken incentives in today’s launchpad meta, how Legion is flipping the script with reputation-based fundraising, and why public token sales can, and should, outperform traditional IPOs. Fab also shares his personal story, from growing up on food stamps to working with Rolls Royce to becoming one of the most respected operators in web3 fundraising.
We also dig into:
This one’s packed with insight for founders, investors, builders, and anyone who thinks crypto should aim higher.
Timestamps
00:00 – Intro and Fabrizio’s background: from geoscience to crypto
06:00 – Falling in love with DeFi Summer
08:00 – The broken incentives in launchpads and token listings
11:30 – Why Legion was founded and what it solves in capital formation
15:00 – What is Legion and how the reputation score works
20:00 – Regulatory tailwinds and the bet on MiCA and Project Crypto
24:00 – Vetting process for Legion deals and what curation looks like
28:00 – Business model and why Legion only wins if the project wins
30:30 – Cookie3, attention markets, and fronting capital as commitment
34:00 – Deep dive into Legion Score and future roadmap
40:00 – Projects launched: Pulse, Almanac, and beyond
42:30 – Legion’s vision to take on IPO-level scale
45:00 – Community, storytelling, and the future of tokenized fundraising
48:00 – Moving beyond CT through partnership marketing
49:00 – Rapid fire: underrated and overrated tactics, top projects, and lessons
52:00 – Fab’s biggest founder learning and advice to others building in Web3
57:00 – Founders reflect: Blake and Polina’s takeaways
58:30 – What’s next for Legion and key dates to watch