Legion + Kraken dual platform issuance has launched new offerings.

The last joint issuance of $YB was oversubscribed by 78 times, with an average increase of 4 times.

The subscription for the new project @footballdotfun will open on December 16.

Public offering end date: December 18

FDV: $60 million

Let's discuss the logic behind this "dual pursuit."

1/ Why did Legion + Kraken choose http://Sport.Fun?

http://Football.Fun is a popular application on Base that allows users to trade football stars like meme coins.

The data doesn't lie.

Cumulative trading volume exceeds $90 million

Over 20,000 paying users

The key is that these numbers are achieved without token incentives, reflecting genuine user participation.

Now, it is about to rebrand as http://Sport.Fun, expanding beyond football into more fields like the NFL and NBA.

Its evolution path is clear:

▌ Validate product model in the football market

▌ Launch in the NFL market (pre-sale of $1.8 million, $2 million trading volume on the first day)

▌ Launch in the NBA market in Q1 2026

▌ Subsequent expansion to F1, cricket, tennis.

This is not a simple horizontal replication, but rather the construction of a foundational 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?

Previously, I mentioned a bold theory—Legion is essentially a semi-official launchpad for Kraken.

Kraken's IPO timeline is already clear.

Targeting Q1 2026 for listing

Latest valuation at $20 billion

At this time point, Legion's role is not only as a token issuance platform but also as a user acquisition engine before Kraken's IPO, as well as a tool for revenue diversification and building an ecological moat.

Let's look at Legion's operational data.

YieldBasis was oversubscribed by 78 times on Legion

Deposits exceeded $195 million

67,000 applicants

What is the logic behind this success rate?

Quality screening mechanism > Capital competition model

Long-term value judgment > Short-term speculative arbitrage

Reputation score distribution > First-come, first-served purchasing

The more profound industry significance lies in:

First, the $60 million FDV is a direct challenge to the "low MC high FDV" model. http://Sport.Fun's choice of a relatively conservative valuation means more upside potential is left for the secondary market.

Second, this is a large-scale validation of a merit-based distribution mechanism. It is no longer about speed or capital amount, but rather on-chain activity, community contribution, and long-term holding records.

Finally, this is a deep integration experiment between traditional CEX and emerging DeFi infrastructure. Kraken's compliance advantages + Legion's innovative distribution mechanism + http://Sport.Fun's consumer-grade application.

3/ How to participate?

Take action now:

▌ Register on Legion and complete KYC - https://legion.cc/

▌ Start building your Legion Score

▌ Prepare funds and make a deposit

Experience http://Sport.Fun now

Considering that the NBA has a viewer base of 600 million in China, once the NBA market launches, http://Sport.Fun will be ignited in the Chinese market.

Participate now, and you will be a pioneer.

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