Crypto fundraising and tokenomics are evolving, and Legion co-founder Matt O’Connor offers his insights into the changing landscape.

In the 10th episode of Off the Block, O’Connor discusses his transition from researcher to builder and explains how Legion is addressing flaws in modern token launches through merit-based, onchain fundraising.

The conversation explores why the industry is moving away from the “low float, high fully diluted valuation” trap, what differentiates Legion’s approach to investor selection, and how the blurring lines between equity and tokens are shaping the next phase of capital markets. The episode closes with a look at the future of tokenization, from the return of compliant public offerings to the need…