Supporting Logion >>>ID 3354<<< in the Polkadot Crowdloan — auctions 53–59

Here’s Why and How…

What is Polkadot?

Polkadot is a groundbreaking blockchain platform designed to enhance the scalability, interoperability, and security of other networks. It enables cross-blockchain transfers of any type of data or asset, not just tokens, allowing different blockchains to communicate and share information seamlessly.

What is Logion?

Logion is a pioneering platform at the nexus of blockchain technology and Human. Positioned to protect the rights associated with any token on any chain in the digital economy, Logion offers a transparent, efficient, and risk-mitigated legal framework that safeguards token holder interests and ensures regulatory compliance.

Logion’s Contribution to the Polkadot Ecosystem

Logion is not just another blockchain project; it’s a vision for the future. Our significant contributions to the Web3 community include:

• Providing a real legal and economic framework for digital assets, ensuring that they are not just digital representations but have tangible value and significance in the real world.
• Serving as a RegTech that could join sandbox programs for regulation of decentralized environments worldwide, ensuring that our platform remains at the forefront of regulatory innovation.

What’s a Crowdloan?

A crowdloan is a unique mechanism on the Polkadot network that allows projects to crowdsource DOT tokens to secure a parachain slot. By participating in a crowdloan, supporters can bond their DOT to the Polkadot network, increasing their favorite project’s chances of winning a parachain slot. It’s a way for the community to show their support for projects they believe in, ensuring their success and growth within the Polkadot ecosystem.

Why should you support Logion?

• A Visionary Project: Logion is redefining the digital economy by bridging the gap between blockchain technology and RWA economy.
• Connected to the Real World: Logion is strategically positioned to capitalize on the vast opportunities presented by the web3 and the real economy.
• Real Customers: Logion already has solid partnerships, proving its viability and potential for growth.
• Regulatory Compliance: As a regtech, Logion is at the forefront of regulatory innovation, ensuring that our platform remains compliant with global standards.

Logion Supporters and Partners: Wallonie Entreprendre, Agence Wallonne à l’exportation (AWEX), Primal Capital, Harbour Industrial, International Union of Judicial Officers…

Recent Achievements

A strategic partnership between iTraceiT and Logion is forging new grounds in legal traceability within the diamond industry.

Since September, Logion has been actively engaging with EY/FABERNOVEL, thanks to the initial collaboration initiated by Arthur De la Brunière.

Token certification implementations using the Astar Network chain, by harnessing the power of the ink! smart-contract language and the PSP34 standard.

What is the Logion Token?

The Logion Token (LGNT) is the native cryptocurrency of the Logion network. It plays a crucial role in facilitating transactions, ensuring network security, and incentivizing participants. Within the Logion network, the LGNT token is used for various purposes, including transaction fees, staking, and governance. It’s an integral part of the ecosystem, ensuring smooth operations and user participation.

Logion’s Offer to Participate in the Crowdloan — starting from Wednesday October 25th

The Logion — LGNT Token is valued at $0.05. Without any discount, supporters receive 84 LGNT for every DOT they contribute. Additionally, Logion is offering attractive bonuses:

• 80% Bonus: 151 LGNT/DOT for 5000 DOT or more contributed from a single Polkadot address.
• 50% Bonus: 126 LGNT/DOT for 1000 DOT contributed from a single Polkadot address.
• 35% Bonus: 113 LGNT/DOT for 500 DOT contributed from a single Polkadot address.

• 20% Bonus: 101 LGNT/DOT within the first 50k DOT slot for crowdloan contributions.
• 15% Bonus: 97 LGNT/DOT between 50–100k DOT slot for crowdloan contributions.
• 10% Bonus: 92 LGNT/DOT between 100–150k DOT slot for crowdloan contributions.
• 5% Bonus: 88 LGNT/DOT between 150–200k DOT slots for crowdloan contributions.

Note:
- Bonuses are not cumulative. The most advantageous will be selected.
- 20% unlocked on TGE

Photo by Markus Winkler on Unsplash

For all contributors over 100 DOT, a NFT will be distributed. Keep it carefully, as it will give you more rights (booster) in decisions process within the Logion governance. Considering the recent update below, it could be very useful.

… a decentralized incubator, financed by the community’s treasury. This project will transfer real management responsibility to the stakeholders. For this role, they will be rewarded according to their involvement. (Extract from the Logion white paper)

How to Participate in the Crowdloan via Polkadot.JS Web Application

1. Visit the Polkadot.JS web application.
2. Navigate to Network > Parachains.
3. Click on the “Crowdloan” tab.
4. Select Logion from the list of projects (ID3354)
5. Click on “+Contribute” and enter the amount of DOT you wish to contribute.
6. Follow the on-screen instructions to complete your contribution.

Participating in the Crowdloan via Nova Wallet

Nova Wallet is a next-generation wallet application designed for the Polkadot and Kusama network ecosystems. It boasts an impressive user interface and is both secure and open-source. With support for over 70+ networks and 230+ tokens, it’s a comprehensive tool for anyone involved in the Polkadot ecosystem.

Here’s how you can participate in the crowdloan using the Nova Wallet:

1. Download Nova Wallet: If you haven’t already, download the Nova Wallet app from the App Store or Google Play.
2. Access the Crowdloan Feature: Once you’ve set up your wallet, navigate to the “Crowdloans” section. This feature allows you to contribute to all Polkadot crowdloans on the blockchain without any limitations.
3. Choose a Parachain: Browse through the available parachains and select “Logion” from the list.
4. Contribute & Get Rewards: Decide the amount of DOT you wish to contribute. Remember, you’ll get back your contributed tokens, and if the parachain wins a slot, you’ll receive additional rewards after the auction.
5. Track Your Contributions: The Nova Wallet allows you to track all your contributions and see when you’ll receive back your tokens.

Participating in the Crowdloan via Bifrost

Provide LSD for 9+ blockchains and beyond, dedicated layer-1 built on Substrate with XCM for cross-chain staking.

Follow their X (formerly Twitter) channel!

https://twitter.com/BifrostFinance

More Information and Contact

All the useful information are available starting from our website: https://logion.network

For a deeper understanding of Logion and its vision, read the Logion white paper. (Updated)

If you have any further questions, please send us a message at team@logion.network.

You can also join our Telegram chat, where you can actively discuss all current updates, and get support from our team.