In Episode 39 of *Chain Reactions*, we’re joined by Fabrizio, co-founder of [Legion](https://legion.cc/), to explore one of the most misunderstood truths in crypto: capital formation is the killer application for blockchain.

We go deep on the broken incentives in today’s launchpad meta, how Legion is flipping the script with reputation-based fundraising, and why public token sales can, and should, outperform traditional IPOs. Fab also shares his personal story, from growing up on food stamps to working with Rolls Royce to becoming one of the most respected operators in web3 fundraising.

We also dig into:

- How Legion is building a two-sided marketplace for reputation and allocation
- What founders get wrong when preparing for a TGE
- Why attention markets, not airdrops, are the real unlock
- What it means to grow beyond CT and take on IPO-scale distribution
- And what’s coming next in Legion 2.0 (hint: it’s big)

This one’s packed with insight for founders, investors, builders, and anyone who thinks crypto should aim higher.

Mint and listen at [pods.media/myosinxyz](https://pods.media/myosinxyz)