Legion & Cookie3: Evolution of Onchain Fundraising

SEP 19, 2025 • 67 Min

Disclosures: This podcast is strictly informational and educational and is not investment advice or

Join José Maria Macedo as he co-hosts with Matt O’Connor from Legion and Filip Wielanier from Cookie3 to explore “Attention Capital Markets” – revolutionizing token distribution by linking social influence with capital commitment. Fresh off Legion’s funding from VanEck and Brevan Howard, discover how they’re moving beyond airdrops to merit-based investing that rewards genuine community builders.

Legion: https://legion.cc
Cookie3: https://www.cookie3.com

🎯 Key Highlights

▸ Legion’s funding: VanEck and Brevan Howard backing crypto innovation
▸ Attention Capital Markets: Linking mind share with financial commitment
▸ Cookie3’s attribution tech: Measuring on/off-chain value creation
▸ Merit-based token distribution vs “whoever pays most”
▸ Almanac case study: 400% oversubscribed using attention metrics
▸ Retail investor access beyond accredited gatekeeping
▸ IPO/ICO convergence on-chain infrastructure
▸ Data-driven distribution with Web2 sophistication
▸ Fighting airdrop farmers with genuine supporter identification
▸ SEC progress toward disclosure-based regulation
▸ Creator monetization through tokenized influence
▸ Mobile-first social trading infrastructure

💡 Subscribe for more crypto & AI insights! 🔔

🧠 Follow the Alpha

▸ Matt’s Twitter: https://x.com/mattytokenomics
▸ Filip’s Twitter: https://x.com/fwielanier

🔗 Connect with Delphi

🌐 Portal: https://delphidigital.io/
🐦 Twitter: https://x.com/delphi_digital
💼 LinkedIn: https://www.linkedin.com/company/delphi-digital/

🎧 Listen on

Spotify: https://open.spotify.com/show/62PR1RigLG2YN5Pelq6UY9?si=18ac7ccf36ab4753&nd=1&dlsi=50105fd66e6c4124
Apple Podcasts: https://podcasts.apple.com/us/podcast/the-delphi-podcast/id1438148082
Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q

Timestamps

00:00 – Introduction and Legion funding announcement
01:15 – Matt O’Connor: TradFi to crypto token design
03:00 – Filip Wielanier: Cookie3’s attribution mission
04:30 – Capital attribution in Web3 vs Web2
07:30 – Attention Capital Markets explained
09:00 – MicroStrategy analogy: Money where mouth is
11:00 – Almanac presale implementation
13:30 – Legion scoring and merit-based selection
16:00 – Current ICO problems
17:30 – Merit-based investing vision
21:00 – IPO/ICO convergence outlook
25:00 – Market effectiveness through tokenization
28:45 – Information markets and creator influence
32:30 – SEC regulatory progress
37:00 – Regulation compliance concerns
40:30 – Retail protection vs access
43:00 – Project funding selection problems
45:30 – Pseudonymous contributors vs VCs
48:00 – “Nanny state” and risk-taking
52:30 – Cookie3 roadmap
54:30 – Proof of humanity considerations
55:30 – Cooperative network ownership
58:00 – Platform locations
59:30 – Closing thoughts

Disclaimer

This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.

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