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Legion + Kraken have launched another joint offering.
The previous joint offering, $YB, was oversubscribed 78 times, with an average increase of 4 times.
The new project, @footballdotfun, will open for subscription on December 16th.
Public offering end date: December 18th
FDV: $60 million
Let's discuss the logic behind this "two-way race."
1/ Why did Legion + Kraken choose http:/Sport.Fun?
http:/Football.Fun is a popular application on Base, allowing users to trade football stars like they would meme coins.
The data doesn't lie.
Cumulative trading volume exceeds $90 million
Over 20,000 paying users
Crucially, these numbers are entirely free of token-incentivized manipulation; they represent genuine user participation.
Now, it's about to rebrand as http:/Sport.Fun, expanding beyond football to include NFL, NBA, and other fields.
Its evolution path is clear:
▌Football Market validates product model
▌NFL Market launch ($1.8 million pre-sale, $2 million in trading volume on the first day)
▌NBA Market launch in Q1 2026
▌Subsequent expansion to F1, cricket, and tennis.
This isn't a simple horizontal replication; it's building an underlying protocol for the financialization of sports assets.
Each new sport = new user base + independent liquidity pool + vertical prediction market
2/ Why did http:/Sport.Fun choose Legion + Kraken?
I previously made a bold claim—Legion is actually a semi-official launchpad for Kraken.
Kraken's IPO timeline is already clear.
Targeting a Q1 2026 IPO
Latest valuation: $20 billion
At this juncture, Legion's role extends beyond a token issuance platform; it serves as a user acquisition engine for Kraken's pre-IPO journey, a revenue diversification tool, and a key element in building its ecosystem moat.
Let's examine Legion's operational data:
YieldBasis was oversubscribed 78 times on Legion
Deposits exceeded $195 million
67,000 applicants
What's the logic behind this success rate?
Quality screening mechanism > Funding race model
Long-term value judgment > Short-term speculative arbitrage
Reputation points allocation > First-come, first-served
The deeper industry implications are:
Firstly, the $60 million FDV directly challenges the "low MC, high FDV" model. http:/Sport.Fun Choosing a relatively conservative valuation means more upside potential is left to the secondary market.
Secondly, this represents a large-scale validation of the merit-based allocation mechanism. It's no longer about speed or capital; it's about on-chain activity, community contribution, and long-term holding records.
Finally, this is a deep integration experiment between traditional CEXs and emerging DeFi infrastructure. Kraken's compliance advantages + Legion's innovative allocation mechanism + http:/Sport.Fun consumer-grade applications.
3/ How to Participate?
Take action now:
▌Register on Legion and complete KYC - legion.cc
▌Start building your Legion Score
▌Prepare funds and pre-deposit
Experience it now http:/Sport.Fun Considering the NBA has a 600 million viewer base in China, once the NBA Marketplace launches, http:/Sport.Fun it will be explosive in the Chinese market.
Participate now, and you'll be a pioneer.

Football.Fun
@footballdotfun
At SDF, we’re about to hit one of our most important milestones yet: the upcoming sale of our native ecosystem token, $FUN.
After carefully reviewing how to launch the token in a way that reflects our principles of product-first execution and aligned incentives, we chose to

What?
Dual-platform release is quite strong

Airdrop Aggregator
Channel.SubscribedNum 75360
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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