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<div class="mikio-article-content">
{{#seo:
                    |title= LEGION — Decimal Wiki
                    |titlemode= append
                    |keywords= LEGION, validator, Decimal
                    |description= LEGION — a validator of the Decimal blockchain
                    }}
{{Validator
| title              = LEGION
| address            = {{validator address|d0valoper17jv24mxfce42lkunjt93p3v5cx6nd3zuc8fa4s}}
| image              = validators-validator_legion.png
| caption            =
| status              = [[Validator]]
| foundation date    = February 10, 2021
| country            =
| stake              = '''5,153,406 [[DEL]]'''
| fee                = '''8%'''
| voting power        = '''5153406'''
| tokens              = [[LEGIONGAME]], [[LEGIONDOCS]]
| delegators          = '''81'''
| foundator          = Legion Group
| telegram            = {{telegram|legionDEL}}
| note                = Digital space for learning and earning from anywhere in the world.
| website =
| nocat =
}}
'''LEGION''' is a [[validator]] of the [[Decimal blockchain]] since February 10, 2021, created by [[Legion Group]].


<div class="mikio-tags">
This document will describe the idea of Legion Group, which guided us when opening the validator, and the strategies that we are already implementing based on our own experience.


We created this document so that anyone who wants to build a business with [[DecimalChain]] blockchain can understand how our validator can bring value to them or their company through this document.


In our view, this is also a contribution to the strategic development of the network: the more ready-to-use and applicable cases there are, the more new validators can join the network's development, making it stable, as they come to stake validators to improve business efficiency.


</div>
That's why we wrote a bit more than we could have written, essentially creating our own [[White Paper]] for the validator. As our company is dynamically developing, the White Paper will be updated as we add new development strategies.
'''Content'''


·LEGION
We hope that this document will be truly useful and have a positive effect on the network's development, inspiring the reader to become a part of it.


·LEGION VALIDATOR - MORE THAN JUST A VALIDATOR
== LEGION — more than just a validator ==
{{youtube|8dsYmWx6iKY|width=400|Conversation with the LEGION validator on the DecimalChain channel (RU)}}
That's the motto we chose for our "white book" ([[white paper]]) because we didn't come here to mine [[coin]]s and make [[fiat]] profit, although this goal is indeed evident for us and for anyone reading this text.


§Profit distribution
We came here to support the network and take business to a new level thanks to the growing [[issuance]] of new coins. And in order for this to happen, we need to contribute to attracting [[delegator]]s.


·LEGION VALIDATOR NETWORK DEVELOPMENT STRATEGY
Therefore, we came here to develop the network, as this is the key action we need to focus on to solve our business tasks.


·Strategy #1
Moreover, it is very important for us that our positioning in the [[Decimal community]] is so clear that any user reading this document can see the full picture and understand who we are and how our validator fits their needs.


§How it works
'''By the readers of this document, we mean several categories of people:'''
* Developers and the Decimal team, who will understand who and what serves their development.
* Potential delegators who want to understand if they will delegate their balances to us.
* Potential validators who want to determine why they should become validators or want to learn how other validators build their businesses.
* Anyone who wants to understand what this "beast" - the LEGION validator - is.


·Mathematics of network development
The Legion Validator is a strategic tool for the development of Legion Group, created to conduct business by means of the [[DEL]] [[emission]].


·Strategy #2
{{comment|'''The main goal''' of creating the validator is to generate profits that will enable the business to become self-sustainable by supporting the DecimalChain network.}}


·Strategy #3
== Profit distribution ==
* Fulfillment of [[loyalty program]] obligations.
* Payment of partner [[reward]]s.
* Advertising campaign to attract new users.
* Costs for creating and maintaining online schools and the validator.
* Salary payments to employees.
* Development of the [[Legion Group]] brand infrastructure.
* Payment for trading tournaments.
* Dividend payments to founders.
* Reward for achieving ranks (qualifications).
* Payment of commissions for issuing blockchain technology certificates.
* Payment for company's multisend and [[multisig]] transactions during client registration.
* Conducting giveaways and other promotions to promote the company.


·Strategy #4
To achieve the main goal, Legion Group sets one main task for itself — to develop the [[Decimal network]] by attracting new delegators, thereby earning commissions from their [[delegation]].


·Validator Referral Program
Thus, Legion Group is directly interested in the growth of voting power to fully cover its expenses and make the business self-sustainable.


§Share with your friend
== Development strategy of the LEGION validator network ==
To accomplish our main task, we must attract new users since we only earn commissions withheld from their delegated [[balance]]s.


·Bounty program
To put it simply, we earn income from the earnings of people who trust (delegate) their coins to us for generating new coins, while keeping them frozen in our own wallet rather than on our own [[crypto wallet|wallet]].


·Case example
The more coins people delegate, the more we earn together since we have no income without people, and people have no income without us.


·Cashback for bonding
Therefore, as a validator, we are obliged to provide a high-yield, reliable, interesting, and understandable service, ensuring the security of users' balances, while increasing people's engagement in cooperation with us.


·Secondary benefits of the validator's work for the company
Based on these ideas, Legion Group will develop the network by combining '''four strategies'''.
# Attracting new users through [[token]]s [[LEGIONGAME]].
# Attracting new users through offering to delegate [[DEL]] to the validator on favorable terms.
# Attracting new users through gifting one or multiple course levels for delegating to the validator.
# Creating a [[referral program|referral]] and [[bounty program|bounty programs]] in [[blockchain]] for financial incentives in user attraction and delegation to us.


·Userstory No. 1
== Strategy #1 ==
Attracting users through LEGIONGAME tokens.


·Userstory No. 2
LEGIONGAME tokens are a marketing tool utilized by the company during a 4-day free marathon.


·Userstory No. 3
During this time, participants can earn tokens for activities and exchange them for discounts or obtain the course for free.


·LEGION GROUP Team
The fifth day of the marathon is dedicated to introducing participants to the workings of the Decimal blockchain, its capabilities and advantages, as well as the basics of using the [[BIT.TEAM|BitTeam]] exchange.


·Legion Team
As a result of this session, participants will know:
* How to open a wallet and handle a [[seed phrase|password phrase]].
* How to make a wallet-to-wallet transaction.
* How to create a token and its purpose.
* How to delegate or undelegate any token.
* What a validator is, how it works, and the meaning of each parameter.
* How to buy or sell any network token on the BitTeam platform.


·Validator Infrastructure
At the end of the session, participants submit their wallets to the chat to receive the earned tokens, which will be distributed through a multisend transaction.


·Generating coins in the validator
'''How it works'''


·Validator Maintenance
Potential buyers come to the marathon through various advertising channels and earn LEGIONGAME tokens by attending, providing any response during the session, giving feedback after each session, and completing additional assignments from instructors.


·Official Validator Resources
A responsible employee keeps track of the number of tokens earned by participants and records the results in an Excel spreadsheet.


·Result
The compiled spreadsheet is made accessible to the participants, allowing each individual to see their rank among all the learners.


'''LEGION'''
The Legion Group team motivates everyone to earn even more tokens by organizing competitions among the activities.


'''INTRODUCTION BY THE AUTHOR'''
On the fourth day of the marathon, the most engaged participants receive the course as a gift, while their points remain with them.


This document describes the concept of the Legion Group company we were guided by when launching the validator, and the strategies that we have already implemented in our personal experience.
After the draw, the team offers to exchange the received tokens (still points in the spreadsheet) for a discount, where 1 token equals a 1% discount, but not exceeding 50% for the first level.


We have created this document so that anyone who wants to build a business with the DecimalChain blockchain could understand why our validator can become a value for the him or his company.
On the fifth session, everyone receives their tokens in their wallets, and in order to activate the discount or claim their gift, they need to delegate the tokens to the validator and pay for the first level.


In our opinion, this is also a contribution to the strategic development of the network: the more ready-made and applicable cases, the more new validators can join the development of the network, making it stable, since they came to install a validator to improve business efficiency.
'''Thanks to this system, the company achieves measurable results that enhance business efficiency:'''
* Increases the conversion of learners into customers by increasing engagement and providing the opportunity to earn tokens through a free course (by giving, we receive).
* Creates loyal potential buyers since it gives instead of taking during the initial interaction.
* Educates the attracted individuals on the basic skills of using the Decimal blockchain, who can potentially become delegators.
* Creates initial user balances through their own tokens and immediately receives them back in the form of delegated stakes (the user is already participating in the emission).


Therefore, we wrote a little more than we wanted to, creating, in fact, a White Paper of our own validator. Since our company is developing dynamically, the White Paper will be supplemented in case we get new development strategies. We hope that this document will be really useful and will have a positive effect on the development of the network and inspire the reader to become a part of it.
=== Network Development Mathematics ===
When we first applied LEGIONGAME tokens during a free marathon, we didn't have a validator yet. However, more than 30 out of 50 people who were on the stream opened Decimal wallets.


'''LEGION VALIDATOR - MORE THAN JUST A VALIDATOR'''
Thus, we expect to receive at least 50 to 300 delegators from each marathon who potentially can purchase [[DEL|DEL tokens]] for delegation.


This is the motto we chose for our “white paper” (“white paper”), since we are not here to mine coins and receive fiat profit, although this goal is really obvious both for us and for anyone reading this text now.
If each of them buys 100 DEL, we will receive from five to thirty thousand coins in delegation from one stream. If each of them buys 1,000 DEL, we will receive from fifty to three hundred thousand coins in delegation from one stream.


We came to support the network in order to reach a new level of doing business due to the growing issue of new coins. And in order for this to happen, we need to contribute to attracting delegates.
If we only work with this strategy, when the validator is fully filled (1,000 slots), we will receive from 100 thousand to 1 million DEL.


Thus, we came here to develop the network, as this is the key action that we need to focus on in order to solve the problems of our business.
'''This strategy is needed for us as a validator to reach the maximum number of people with two main objectives:'''
* Introduce people who don't want to learn from us to the [[Decimal ecosystem|DecimalChain ecosystem]], to generate their interest in using it, as they will be able to delegate our tokens and understand how coin mining works. Eventually, they may buy a certain amount of coins to receive new DEL tokens, participating with us in the emission, or become network coiners.
* Invest our own tokens in our validator in exchange for a discount, reducing the missed profit through an increase in potential DEL buyers.


In addition, it is very important that our positioning in the Decimal community is so clear that any user reading this document can see the full picture and understand who we are and how our validator fits his tasks.
== Strategy No. 2 ==
'''Attracting users through offering DEL delegation to the validator.'''


We expect that this document will be read by several categories of people:
The Legion Group team trusts Decimal developers, sees the project's potential for a long lifespan through the idea of integrating it into real business. Therefore, we have our own DEL tokens that work in the Legion validator.


1.Developers and the Decimal team who understand who is serving their development and for what.
Thanks to this, we can recommend this blockchain in terms of staking opportunities and obtaining fiat profits on the most favorable conditions.


2.Potential delegates who want to understand whether they will bond their funds to us.
Our validator has set an 8% commission, which is an average indicator among validators in the Decimal network. Thus, it is quite profitable to earn with us since we can provide a high coin generation percentage.


3.Potential validators who want to decide why they should become validators, or want to find out how other validators build a business.
Additionally, if an investor attracted to the validator delegates 1,000 DEL coins to us, we offer them our tokens, which they can spend on paying for the first level of our course or even obtain it for free by completing various tasks related to delegating coins to our validator.


4.Anyone who wants to understand what kind of “beast” it is is a LEGION validator.
This strategy allows us to attract the investor's attention to our company's educational products that teach blockchain technology and remote earning from anywhere in the world using a computer or smartphone.


The Legion Validator is a strategic development tool of the Legion Group company, created to ensure business through the issue of DEL. The main goal of creating a validator is to generate profits that will allow businesses to become self-sufficient by maintaining the DecimalChain network. . '''Profit distribution'''
Students who earn remotely also participate in financial literacy classes, where we suggest investing 10 percent of their profits daily into our validator.


·Fulfillment of obligations under the loyalty program.
As a result, an investor who wins the course or exchanges our token received from delegation ends up attending classes and concludes that it would indeed be very beneficial for them to invest in blockchain daily to generate profits.


·Payment of partner rewards.
== Strategy No. 3 ==
'''Attracting users through donating one or more course levels for delegation'''


·Advertising campaign to attract new users.
For our community in the Telegram channel, we organize various contests where participants can win our tokens. However, we have decided not to stop there and go further.


·The costs of creating and maintaining online schools and a validator.
During our work, we noticed that some people wonder if they will benefit from our courses and how much they actually need them.


·Hadling payroll.
Our company's validator opens the doors to our online products for such individuals without them having to purchase them from us. Instead, they can simply delegate their coins to our validator in exchange for the first or other course levels.


·Development of the Legion Group brand infrastructure.
In this way, a person starts receiving passive income from the course value, can always withdraw their coins to sell them, and completes the first level to get acquainted with us.


·Payment for traders' tournaments.
In fact, the person receives the introductory course for free (for us), but at the same time, they increase the stake of our validator, and we earn a commission from it.


·Payment of dividends to the founders.
In this strategy, there is always a risk of coin withdrawal by individuals after or during the course. However, this motivates us to create a product that people want to continue with, and for that, we always need to ensure the quality of education and customer service.


·An award for obtaining a title (qualification).
'''This strategy is good for four reasons:'''
* People don't pay anything and even receive income.
* People become familiar with our educational products.
* Our validator educates delegators while having a delegated balance.
* During the course, individuals receive rewards from the validator, and it helps determine if they will continue working with us.
* Thanks to this strategy, we can acquire customers for all the products of our company and earn even more together with them, following a WIN-WIN strategy, where both sides benefit.


·Fees for issuing certificates for blockchain technology.
== Strategy № 4 ==
'''Creating a Referral and Bounty Program for Material and Non-Material Motivations to Collaborate with the Validator'''


·Payment for multisend and multisig transactions of the company when registering clients.
Our team is convinced that building a network of partners is one of the most powerful business development tools ever invented by humanity.


·Conducting sweepstakes and other promotions to promote the company.
Each of our products has a high-income partner program, which allows satisfied users of our products to recommend us to their potential or existing partners.


To achieve the main goal, the Legion Group company sets itself one main task — to develop the Decimal network, attracting new delegates, thereby earning fees from their delegation.
Legion Validator is one of the company's products, so it also has a partner program, but it is built directly on the blockchain, which is why partner payments are made exclusively in the company's tokens.


Thus, the Legion Group company is directly interested in the growth of the voice power in order to fully cover its expenses, making the business self-supporting.
However, in the initial stages of validator development, we will focus not on the partner program, but on the bounty program (token distribution) in order to create satisfied validator users who will themselves want to share our tool with others, as they will be able to earn tokens for delegation or other needs.


'''LEGION VALIDATOR NETWORK DEVELOPMENT STRATEGY'''
And only after interacting with us, these people can decide whether to use our partner program or not.


To fulfill the main task, we must attract new users, since we earn only from the commission that is withheld from their delegated balances.
We do not build marketing based on network business principles, where rewards come from multiple levels, but only provide the opportunity to receive an instant bonus for the work done (telling — friend delegates — receives a percentage in our tokens).


To put it in simpler terms, we receive income from the income of people who trust (delegate) we need our own coins to generate new coins, while storing them not on our wallet, but freezing them on our own. The more coins people delegate, the more we earn together, since we have no income without people, and people have no income without us.
Therefore, there will be no focus on "partnership" as people can talk about us even without our focus if they like it.


Thus, as a validator, we are obliged to provide a highly profitable, reliable, interesting and understandable service, ensuring the maximum security of user balances, while increasing people's involvement in the process of cooperation with us.
This is the approach we adhere to, and even if we are wrong about whether to focus on the network, we will not change our policy, as we have not been and will not be a network project.


Based on these ideas, Legion Group will develop the network by combining four strategies.
== Validator's referral program ==
'''Reward system for work done directly on the blockchain'''


·Attracting new users through LegionGame tokens.
We have decided to pay each person who motivates another user to delegate coins to our validator. This is nothing more than work done, and any work should be paid for.


·Attracting new users through the offer to bond DEL to the validator on favorable terms.
But then the question arises: how to establish a connection, who came from whom, not based on a person's words, but through an accurate and reliable system for recognizing the partnership relationship between wallets?


·Attracting new users through the gift of one or more steps of the course for delegation to the validator.
We found a solution: to establish a connection, it is necessary to activate the wallet by sending one coin to your referral, thus establishing a connection between wallets.


Creation of referral and bounty programs on the blockchain for financial motivation in attracting users.
We have prepared a partnership program instruction to provide you with a ready-made solution:
{{quote start}}
'''Tell a friend about our validator'''
* Open a wallet for them and teach them how to use the console.
* Send them one coin, establishing a connection with them on the blockchain through a transaction.
* Help them buy coins on the BitTeam exchange and send them to their wallet.
* Teach them how to delegate to our validator from their wallet.
* Send the validator owners a link to the friend's transaction and write the transaction amount.
* Receive our LEGIONGAME tokens in an amount of 10% of the invitation in tokens.
{{quote end}}


'''Strategy #1'''
Thus, our referral program already includes the work of training a novice by a more experienced DecimalChain user.


Attracting users through LegionGame tokens.
The LEGIONGAME token exchange rate is 1 to 10, where one DEL token equals 10 LEGIONGAME tokens. Therefore, the referral payout in DEL tokens is equal to 1% of the amount deposited by the referral.


LegionGame tokens are a marketing tool that the company uses for a 4-day free marathon. During this time, students can earn tokens for activities and exchange them for discounts or get a course for free.
== Bounty program ==
'''Bounty program''' is an opportunity to perform actions for which the company pays with its own tokens that users can use at their discretion.


The fifth day of the marathon is dedicated to introducing students to the work of the Decimal blockchain, its capabilities and advantages, as well as the basics of using the BitTeam exchanger.
'''Bounty can work in several ways:'''
* Reward for subscribing and commenting on channels and social networks of the validator or the Legion Group company itself.
* Giveaways of discounts on courses.
* Distribution of free access to the first stage of paid courses, provided that a certain amount of DEL is delegated to the validator.


As a result of this lesson, students know:
The bounty program aims to attract attention to our products and increase the loyalty of unfamiliar people who may purchase full products after interacting with us.


1.How to open a wallet and handle a passphrase.
We have already described the third option in general terms when introducing strategy #3, which is essentially a bounty, as the company earns solely from commissions without receiving payment for the course.


2.How to make a transaction from a wallet to a wallet.
== Case example ==
The entire course consists of four modules and costs 130,000 rubles.
* The first stage (module) of the course costs 6,000 rubles.
* The second stage (module) of the course costs 20,000 rubles.
* The third stage (module) of the course costs 40,000 rubles.
* The fourth stage (module) of the course costs 130,000 rubles.


3.How to create a token and why it is needed.
Thus, a person assembles the course like a constructor, and to move on to the next stage, they need to compensate for the difference between the current payment and the next stage.


4.How to bond or de-bond any token.
We propose delegating 300 DEL coins to the validator. With the value of one DEL coin at 17 rubles, the delegator will need to spend 5,100 rubles instead of paying 6,000 rubles at the organization's cash register.


5.What is a validator, how it works and what each parameter means.
At the same time, the coins are stored in their electronic wallet, belong to them, and generate new coins while they learn.


6.How to buy or sell any network token on the BitTeam platform.
This bounty program introduces a person to the first part of the course and the quality of services that they may like, and they will purchase the remaining stages because they see the course from the inside. In addition, with a small amount, they can check the profitability of the validator and, if they like it, increase their balance in the future.


At the end of the lesson, students drop their wallets into the chat to receive the earned tokens which they will receive in a multisend transaction. . ''How it works''
Such a way of getting to know us can create loyalty not only to the validator and courses but also to other company offers, as a person may like the interaction with the company as a whole rather than a specific product.


Potential buyers come to the marathon through various advertising channels and earn LegionGame tokens for attendance, any response during the lesson, feedback after each lesson, additional tasks from teachers.
We believe that this method will ensure future earnings but already from loyal, rather than "cold" customers.


The responsible employee keeps records of the number of tokens earned by the students and records the result in an Excel table.
== Delegation cashback ==
[[Cashback|Cashback services]] are widespread in the market and provide the opportunity to get back a portion of the money spent on purchases.


The generated table is available to students, and everyone sees what place he occupies among all students. The Legion Group team motivates everyone to earn even more tokens by arranging a competition of activities.
We do not consider this a way of earning, but we think that implementing such a service will increase loyalty to our company.


On the fourth day of the marathon, the first places receive the course as a gift as the most involved students, while their points remain with them.
We have decided that if a person delegates coins to us or constantly increases the delegated balance, they will receive a one-time payment for their trust when reaching a certain amount of coins.


After the draw, the team offers to exchange the tokens received (the points are still in the table) for a discount1( token = 1% of discount, but not more than 50% for the first step).
* By delegating from 1,000 to 4,999 DEL, the delegator receives 600 LegionGame tokens.
* By delegating from 5,000 to 9,999 DEL, the delegator receives 1,000 LegionGame tokens.
* By delegating from 10,000 to 19,999 DEL, the delegator receives 1,500 LegionGame tokens.
* By delegating from 20,000 to 50,000 DEL, the delegator receives 2,000 LegionGame tokens.
* By delegating from 50,000 to 100,000 DEL, the delegator receives 3,000 LegionGame tokens.
* By delegating from 100,000 to 500,000 DEL, the delegator receives 7,000 LegionGame tokens.
* By delegating from 500,000 to 1,000,000 DEL, the delegator receives 10,000 LegionGame tokens.


In the fifth lesson, absolutely everyone receives their tokens to wallets, and in order to activate the discount or pick up their gift, they need to delegate tokens to the validator and pay for the first step.
In total, through the cashback program, it is possible to earn 25,100 tokens, which is equivalent to 2,510 DEL, and this gives the right to receive a full trading course for free by delegating 1,000,000 DEL. As soon as the delegated balance reaches a new milestone, the person receives a bonus for achieving a higher balance.


Thanks to such a system, the company gets results that increase business efficiency:
{{comment|'''For example:''' A person delegated 6,000 DEL and received 1,000 LEGIONGAME tokens, then they liked our validator and decided to add another 4,000 DEL. Their balance reached 10,000 DEL, and for this, they receive 1,500 LEGIONGAME tokens.}}


·Increases student-to-client conversion by improving engagement and creating an opportunity to earn tokens on a free course (by giving, we get),
This program is not intended as motivation to purchase the entire course. To obtain the full course, one would need to invest 17 million rubles (with the course costing between 166,000 to 300,000 rubles).


·Creates potential loyal buyers, as it gives (not takes) when meeting first.
However, during the process of increasing the balance in our validator and receiving dividends of up to 10% per month, the delegator has the opportunity to learn trading or gift the course to another individual.


·Teaches the people involved in the courses the basic skills of using the Decimal blockchain by their potential delegates.
== Secondary benefits of working as a validator for the company ==
By secondary benefits, we mean the positive side effects of validator development, apart from generating income from commissions.


·Creates the first user balances at the expense of its tokens and immediately receives them back in the form of delegated stakes (the user is already participating in the issue).
The validator essentially serves as an investment offering from Legion Group, expanding the company's target audience categories.


'''Mathematics of network development'''
Moreover, through the validator, people will become familiar with other company products, and other company products will introduce their users to the validator, creating a system where one product sells another.


When we first applied LegionGame tokens at the free marathon, we didn't have a validator yet. However, more than 30 people out of 50 who were on the stream created Decimal wallets.
Next, let's discuss how deploying the validator opens up the opportunity to create a mutually beneficial ecosystem.


Thus, we expect that we will receive at least 50 to 300 delegates in each marathon who can potentially purchase a DEL token for delegation.
'''User Story #1'''


If each of them buys 100 DEL, then we will get from five to 30 thousand coins in delegation from one stream. If each of them buys 1,000 DEL, then we will receive from 50 to 300 thousand coins in delegation from one stream. If we work only according to this strategy, then with full occupancy of seats in the validator (1,000 seats) we will get from 100 thousand to 1 million DEL.
Vasily is looking for ways to earn money online and comes across an advertisement for a free cryptocurrency trading marathon. He attends the marathon, completes it, and earns tokens there. During the fourth session, he decides that he enjoys it and wants to purchase a discounted course using tokens.


We need such a strategy as a validator to reach the maximum number of people with two main goals: ·Introduce people who do not want to study with us to the DecimalChain ecosystem in order to arouse their interest in using it, since they will be able to delegate our tokens and understand how coin mining works. In the future, they can buy a certain number of coins for themselves in order to receive new DEL tokens by participating in the issue with us, or become coiners of the network. ·Invest your own tokens in your validator in exchange for a discount, reducing the lost profit through an increase in the number of potential DEL buyers.
To receive the discount, he needs to attend the fifth session, where he will be introduced to DecimalChain and learn how to use the BitTeam exchange.


'''Strategy #2'''
After the fifth session, Vasily will confidently be able to delegate tokens to the validator and join the validator's channel and chat. In this way, he becomes not only a student but also part of the community. Throughout the course or trading process, he can increase his balances if he likes the idea of DecimalChain.


Attracting users through the offer to bond DEL to the validator
A similar case has occurred in the past, but we didn't have a validator at that time, so the person delegated 100 DEL coins to someone else. After the news about the validator's launch, he bought more coins and delegated them to us.


The Legion Group team trusts Decimal developers, sees the potential for a long life of the project due to the idea of integrating it into a real business, so it has its own DEL tokens that work in the Legion validator. Thanks to this, we can recommend this blockchain in terms of the possibility of stacking and obtaining fiat profit on the most favorable terms.
'''User Story #2'''


Our validator has set a fee of 8%, which is the average of validators in the Decimal network, so it is quite profitable to earn with us, since we can give a high percentage of coin generation.
Vasily is looking for ways to earn money online and comes across an advertisement for a free cryptocurrency trading marathon. He attends the marathon, completes it, and earns tokens. However, during the fourth session, he decides that trading is not for him, he doesn't have enough money for it, or for some other reason.


In addition, if an investor attracted to the validator bonds more than 1,000 DEL coins to us, we give him our tokens, which he can spend to pay for the first stage of our course. Or even get it for free when performing various tasks on delegating coins to our validator.
But Vasily has earned tokens and wants to transfer them to his wallet. To do this, he attends the fifth session, where he learns about the Decimal ecosystem, gets sold on the idea, and learns how to use the BitTeam exchange.


This strategy allows us to attract the investor's attention to our company's educational products that teach people blockchain technology and remote earnings from anywhere in the world using a computer or smartphone. Students who earn remotely are also present at financial literacy classes, where we offer them to invest 10 percent of their profits in our validator every day.
Later on, Vasily might be interested in trying passive income from staking and decides to buy DEL tokens and delegate them to our validator, earning 9-10% per month.


Thanks to this, an investor who has won the course or exchanged our token received for delegation gets to classes where he comes to the conclusion that it will really be very useful for him to invest in the blockchain every day to make a profit. .
{{comment|These two examples illustrate the path a customer takes when simply searching for ways to earn money online. They might have been specifically interested in trading, but in the end, they discover passive income on the latest generation blockchain.


'''Strategy #3'''
Perhaps you might even feel inspired to create your own token for various reasons.


Attracting users by donating one or more steps of the course for delegation
This case works as a sieve that filters out both target and non-target clients.


For our community in the telegram channel, we are creating various contests in which you can win our tokens, but we decided that we would not stop there and go further.
If Vasily enjoys trading, the validator becomes a place for him to invest future profits. If Vasily doesn't enjoy trading, the validator becomes a place for him to invest his money. We assist him with future investments and provide him with the opportunity to earn coins through mining instead of trading.}}


During our work, we have seen that there are people who think about whether they will get a result from our courses and in general how much they need it.
'''User Story #3'''


The validator of our company shows this category how to use our on;ine products not buying them from us, but simply delegating coins in exchange for the first or other steps of the course.
A person who learns about Legion joins the validator's channel and chat, where token giveaways or other bounty programs, such as darts tournaments or dice games, are regularly held.


Thus, a person begins to receive passive income from the cost of the course, can always withdraw his coins to sell them, and passes the first stage to get acquainted with us.
People win tokens and can gain access to discounted courses or receive rewards for delegation. In this way, they come to the validator but can also try our courses. In this case, the validator acts as a lead generator, creating loyal users of our products.


In fact, a person receives an introductory course for free (for us), but at the same time he increases the stake of our validator, and we receive a commission from this. In this strategy, there is always a risk of a person withdrawing coins after or during the course, but this motivates us to create a product that we want to go further, and for this we always need to monitor the quality of training and customer service.
== LEGION GROUP team ==
[[File:YPxZ62Tk-fg.jpg|400px|'''Konstantin Medvedev''', Director of Development, founder of Legion validator|thumb|right]]
The Legion Group team is involved in the development of educational products that allow people to earn from anywhere in the world, regardless of age and education.


''This strategy is good for four reasons''
However, according to the company's roadmap, Legion Group will transform into the Legion ecosystem, which will consist of the Education Department (Legion Group) and the Service Department (Legion Service).


1.User pays nothing and even receives income.
The Legion Validator is precisely a part of Legion Service, so the validator is administered by the Legion Group team.


2.User gets acquainted with our educational products.
=== Legion validator team ===
* '''Konstantin Medvedev''', Director of Development, Founder. {{telegram|medvedev_legiongroup}}, {{instagram|medvedev_legiongroup}}
* '''Vladimir Alexandrov''', Financial Director, Founder. {{telegram|Vladimir_best}}, {{instagram|valexsandrov}}
* '''Ilsur Galimov''', Marketing Director, Founder. {{telegram|crocodile7777}}, {{instagram|ilsur.galimoff}}
* '''Maxim Simankov''', Operations Director, Founder. {{telegram|BTC174Pro}}
* '''Vladimir Skornyakov''', Technical Director, Founder. {{telegram|SkornyaK_BTC}}


3.Our validator trains them if there is a bonded balance.
== Validator infrastructure ==
Infrastructure refers to the equipment on which the software for maintaining the Decimal network is installed.


4.During the course, a person receives awards from the validator and determines whether he will work with us.
Being a validator is a very responsible task, as it involves the trust of delegators and the safeguarding of their balances.


5.Thanks to this strategy, we can get a client for all the products of our company and earn even more with him according to the WIN-WIN strategy, or, in other words, when both sides win.
That is why, to ensure the reliability of the Legion Validator, we use powerful dedicated servers in data centers in Finland and Germany, as well as several penalty protection servers.


'''Strategy #4'''
The presence of penalty protection servers minimizes the risk of penalties for our validator. As soon as our server goes offline, the penalty protection server activates, and our validator continues to support the network.


Creation of referral and bounty programs for material and non-material motivations of cooperation with the validator Our team is confident that building a network of partners is one of the strongest business development tools that humanity has ever invented.
Our servers are serviced and updated by technical specialists, which makes our work highly stable and comfortable for earning, while also reducing the risk of receiving a penalty to 1% of the balance.


Each of our products has a highly profitable affiliate program, which allows satisfied users of our products to recommend us to their potential or current partners.
It is not possible to completely eliminate the possibility of a penalty, but we do everything to make delegation to us as safe as possible.


The Legion validator is one of the company's products, so the validator also has an affiliate program, but it is built directly on the blockchain. Because of this, partner payments are made exclusively in the company's tokens. However, at the initial stages of the validator's development, we will focus not on the partner program, but on the bounty program (token distribution) in order to create satisfied validator users who themselves will want to share our tool with other people, since they will be able to earn tokens for delegation or other needs.
== Coin generation in the validator ==
Our validator charges an 8% commission for the work performed. This means that our validator retains 8% of the emission received by the delegator. The validator team earns only from the coin generation fees.


And only after interacting with us, these people can decide whether to use the affiliate program or not.
'''The profitability in our validator depends on two parameters:'''
* The share of our validator from the total number of delegated coins.
* Your share of the delegated coins in our validator.


We do not build marketing on the principle of a network business, where rewards come from several levels, but only give the opportunity to get an instant bonus for the work done (told - a friend delegated - received a percentage in our tokens).
In any case, you can expect around 0.33% per day from the delegated balance. The more you delegate, the more you start to earn, as increasing the delegation balance increases both our balance and your share in our validator.


Therefore, there will be no focus on the “affiliate program”, since people will be able to talk about us even without our focus, if they like it. This is exactly the approach we adhere to, and even if we are mistaken about whether to focus on the network, we will not change our policy, since we have not been and will not be a network project.
== Validator maintenance ==
The maintenance is carried out by the DecimalPro team, which, at the time of writing this whitepaper, has never received any penalties and already has experience as a validator in the MINTER network.


'''Validator Referral Program'''
Since working with the validator is new to us, we have completely entrusted the maintenance to professionals who help us gain positive experience.


The system of remuneration for the work done directly in the blockchain
== Official validator's resources ==
* Official channel: {{telegram|legionDEL}}
* Validator's chat: {{telegram|Legiondelchat}}
* Validator's website: currently under development and will be part of the Legion Group website


We decided that we will pay each person who motivates another user to delegate coins to our validator. This is nothing more than the work done, and any work should be paid.
== Conclusion ==
We have created the first version of our "whitepaper" that is intended to help the reader understand who we are and what tasks we solve with the help of the validator.


But then the question arises: how to establish a connection, who came from whom, not from the words of a person, but according to an accurate and reliable system for recognizing the partner connection between wallets? We have found a solution: to establish a connection, you need to activate the wallet by sending one coin to your referral, establishing a connection between the wallets.
This document will be supplemented with our experience so that every reader can replicate our case and increase the efficiency of their business or build their business with us.


We have prepared the instructions for the affiliate program to give you a ready-made solution:
The validator opens up opportunities for us to connect our company's products and develop it both in terms of audienceand commission earnings.


Share with your friend
Our team welcomes suggestions for editing and expanding the first version of the "whitepaper" to ensure that every line is clear.


·Create a wallet for him and teach him how to use the console.
If you want to make a proposal, establish a partnership with us, or simply ask a question, you can contact us through the official resources or any team member.


·Send him one coin by establishing a connection with him in the blockchain through a transaction.
{{author|LEGION Validator Team}}


·Help him buy coins at the BitTeam exchange and send them to his wallet.
== Notes ==
 
{{references}}
·Teach us how to delegate to our validator from your wallet.
<br clear="all">
 
{{interwiki|ru=LEGION}}
·Send the validator owners a link to a friend's transaction and write the amount in the transaction.
[[Category:Validators]]
 
·Get our LegionGame tokens in the amount of 10% of the invitation in tokens.
 
Thus, our referral program already includes the work of training a beginner by a more experienced DecimalChain user. The rate of the LegionGame token is one to 10, where one DEL token is equal to 10 LegionGame tokens. Thus, the referral payout in DEL tokens is equal to 1% of the amount deposited by the referral.
 
Bounty program
 
The bounty program is an opportunity to perform actions for which the company pays with its own tokens, which the user can use at his discretion.
 
Bounty can work in several ways
 
·A reward for subscribing and commenting on the channels and social networks of the validator or the Legion Group company itself.
 
·Raffles of discounts on courses.
 
·Distribution of free access to the first stage of paid courses - provided that a certain number of DELS are delegated to the validator.
 
The bounty program is aimed at attracting attention to our products and increasing the loyalty of unfamiliar people who can buy full-fledged products after meeting with us.
 
We have already described the third option in general terms earlier, when we introduced strategy No. 3, which is, in fact, a bounty, since the company earns exclusively from the commission, without receiving payment for the course.
 
''Case example''
 
1.The entire course of four modules costs 130,000 rubles.
 
2.First stage (module) the course costs 6,000 rubles.
 
3.Second stage (module) the course costs 20,000 rubles.
 
4.Third stage (module) the course costs 40,000 rubles.
 
5.The fourth stage (module) the course costs 130,000 rubles.
 
Thus, a person collects a course as a constructor, and in order to move to the next step, he needs to reimburse the difference between the current payment and the next step.
 
We suggest bonding 300 DEL coins to the validator. At the cost of one DEL coin of 17 rubles, the delegate will need to spend 5,100 rubles, instead of paying 6,000 rubles to the organization's cash desk.
 
At the same time, the coins lie on his electronic wallet, belong to him and generate new coins while he is studying. Such a bounty program introduces a person to the first part of the course and the quality of services that he may like, and he will buy the rest of the steps, as he will see the course from the inside. In addition, with a small amount, he can check the profitability of the validator and, if he likes it, further increase the balance. This way of getting to know us can create loyalty not only to the validator and courses, but also to other offers of the company, since a person may not like this or that product, but interaction with the company as a whole. We believe that this method will ensure earnings in the future, but already on loyal, and not on “cold” customers.
 
'''Cashback for bonding'''
 
Cashback services are very common on the market and make it possible to return some of the money from the purchase back. We do not consider this a way of earning money, but we think that the introduction of such a service will increase loyalty to our company. We decided that if a person delegates coins to us or constantly increases the delegated balance, then when a certain number of coins is reached, he receives a one-time payment for trusting us.
 
1.Bonding from 1,000 to 4,999 DEL to us, the delegate receives 600 LegionGame tokens.
 
2.Bonding from 5,000 to 9,999 DEL to us, the delegate receives 1,000 LegionGame tokens.
 
3.Bonding from 10,000 to 19,999 DEL to us, the delegate receives 1,500 LegionGame tokens.
 
4.Bonding from 20,000 to 50,000 DEL to us, the delegate receives 2,000 LegionGame tokens.
 
5.Bonding from 50,000 to 100,000 DEL to us, the delegate receives 3,000 LegionGame tokens.
 
6.Bonding from 100,000 to 500,000 DEL to us, the delegate receives 7,000 LegionGame tokens.
 
7.Bonding from 500,000 to 1,000,000 DEL to us, the delegate receives 10,000 LegionGame tokens.
 
In total, you can earn 25,100 tokens for the cashback program, which equals 2,510 DEL, and this gives you the right to receive a full-fledged trading course for free, delegating 1,000,000 DEL. As soon as the bonded balance reaches a new mark, the Person receives a bonus for achieving a higher balance.
 
For example: A person delegated 6000 DEL and received 1000 LEGION GAME Tokens, Then he liked our validator and decided to add another 4000 DEL. His balance has reached 10,000 DEL and for this he receives 1,500 LEGIONGAME Tokens
 
This program is not a motivation to buy a course: to get a full course, you need to invest 17 million rubles (with a course cost from 166,000 to 300,000 rubles).
 
However, in the process of increasing the balance in our validator, receiving dividends up to 10% per month, the delegate has the opportunity to learn trading or give a course to anyone.
 
Secondary benefits of the validator's work for the company
 
By secondary benefits, we mean positive side effects from the development of the validator, except for the purpose of generating income from the fee.
 
The validator, in fact, is already an investment offer from the Legion Group company, and its work expands the categories of the company's target audience. In addition, through the validator, people will get acquainted with other products of the company, and other products of the company introduce their users to the validator, which creates a system in which one product sells another. Next, let's talk about how deploying a validator opens up the opportunity for us to make an ecosystem that sells each other.
 
Userstory No. 1
 
Vasily is looking for how to make money on the Internet, and sees an advertisement about a free marathon for trading cryptocurrencies. He comes to the marathon, passes it, earns tokens there. In the fourth lesson, he decides that he likes everything and wants to buy a course with a discount in the form of tokens.
 
To get a discount, he needs to come to the fifth lesson, where he will be introduced to DecimalChain and taught how to use the BitTeam exchanger.
 
After the fifth lesson, Vasily will confidently be able to delegate tokens to the validator and get into the validator's channel and chat. Thus, he becomes not only a student, but also a part of the community, and already in the process of completing a course or trading, he will be able to increase his balances if he likes the idea of DecimalChain. Such a case took place, but then we did not have a validator, so the person delegated 100 DEL coins not to us. After the news about the validator's opening, he bought more coins and has already delegated them to us.
 
''Userstory No. 2''
 
Vasily is looking for how to make money on the Internet, and sees an advertisement about a free marathon for trading cryptocurrencies. He comes to the marathon, passes it, earns tokens there, and in the fourth lesson decides that trading is not for him/he does not have enough money for it/something else.
 
But Vasily has earned tokens and wants to take them to his wallet. To do this, he comes to the fifth lesson, where they tell him about the Decimal ecosystem, sell the idea itself and teach him how to use the BitTeam exchanger. Next, Vasya may get hooked on the idea of trying passive income from mining, and he buys a DEL and sends it to us in the validator at 9-10% per month.
 
These two examples show the path that a client goes through, just looking for where to make money on the Internet. Or he could have been looking specifically for trading, and in the end he learned about passive income on the latest generation blockchain. Maybe Vasya will even have a desire to create his own token for one reason or another. Such a case works like a sieve through which it filters out target and non-target customers. If Vasya liked trading, then the validator becomes for him a place where he invests future profits. If Vasya did not like trading, then the validator becomes for him a place where he invests his money, and we help him with investing in the future and give him the opportunity to earn on mining coins instead of trading.
 
Userstory No. 3 A person who finds out about Legion gets into the validator's channel and chat, where token draws or other bounty programs, such as darts or dice tournaments, take place on a regular basis. People win tokens and can access courses at a discount or for delegation. Thus, they came to the validator, and they can try our courses, and in this case the validator is a lead generator that creates already loyal users of products.
 
'''LEGION GROUP Team'''
 
The Legion Group team develops educational products that allow people to earn money from anywhere in the world, regardless of age and education.
 
However, according to the company's roadmap, Legion Group will turn into the Legion ecosystem, which will include the education department (Legion Group) and the service department (Legion Service). The Legion validator is just part of the Legion Service, so the validator is administered by the Legion Group team.
 
'''Legion Team'''
 
First and last name: Konstantin Medvedev Position: Director of Development, Founder Contact in telegram: @medvedev_legiongroup Instagram: @medvedev_legiongroup
 
First and last name: Vladimir Alexandrov Position: CFO, Founder Contact in telegram: @Vladimir_best Instagram: @valexsandrov
 
First and last name: Ilsur Galimov Position: Marketing Director, Founder Contact in telegram: @crocodile7777 Instagram: @ilsur.galimoff
 
First and last name: Maxim Simankov Position: Chief Operating Officer, Founder Telegram contact: @btc174pro
 
First and last name: Vladimir Skornyakov Position: Technical Director, Founder Contact in telegram: @skornyak_btc
 
'''Validator Infrastructure'''
 
Infrastructure is the hardware on which the software is installed to maintain the Decimal network. Being a validator is a very responsible thing, since it is about the trust of delegates and the preservation of their balances. That is why, to ensure the reliability of the Legion validator, we use powerful dedicated servers in data centers in Finland and Germany and several penalty protection servers.
 
The presence of protection servers reduces the risk of receiving fines by our validator as much as possible. As soon as our server shuts down, the protection server turns on, and our validator continues to support the network.
 
Our servers are maintained and updated by technical specialists, which makes our work as stable and comfortable as possible for earnings, and also reduces the risk of receiving a fine of 1% of the balance.
 
It will not be possible to eliminate the fine until the end, but we are doing everything to make delegation to us as safe as possible. . '''Generating coins in the validator'''
 
Our validator charges a fee of 8% for the work done. This means that our validator holds 8% of the issue. which the delegate receives. The validator team earns only on fees from coin mining.
 
The profitability in our validator depends on two parameters:
 
1.The share of our validator from the total number of delegated coins.
 
2.Your share of the bonded coins in our validator.
 
In any case, you can focus on 0.33% per day of the delegated balance. The more you delegate, the more you start to receive, because thanks to the increase in the delegation balance, our balance and your share in our validator grow.
 
'''Validator Maintenance'''
 
The service is handled by the DecimalPro team, which at the time of writing the “white paper” had never received fines and already had experience as a validator in the MINTER network.
 
Since working with the validator is new to us, we have completely entrusted the service to professionals who help us get a positive experience. . '''Official Validator Resources'''
 
Official Channel: legionDEL
 
Validator Chat: Legiondelchat
 
Validator website: currently under development and will be part of the Legion Group website
 
'''Our results'''
 
We have created the first version of our white paper, which is designed to help the reader form an idea of who we are and what tasks we solve with the help of a validator.
 
This document will be supplemented by our experience so that everyone who reads can repeat our case and improve the efficiency of their business or build their business with us.
 
The validator gives us the opportunity to connect our company's products and develop it both from the point of view of the audience and from the point of view of earning on commission. Our team accepts suggestions for editing and supplementing the first version of the “white paper” so that every line is clear.
 
If you want to make a suggestion, create a partnership with us or just ask a question, you can contact us through the official resources or any member of the team.
 
 
<div style="clear:both">
 
 
 
</div>
 
</div>

Latest revision as of 15:56, 4 June 2024

LEGION
DecimalChain validator
File
File


Status:
Validator
Net address:
Address of the Validator in the Decimal network d0valoper17jv24mxfce42lkunjt93p3v5cx6nd3zuc8fa4s
Foundation date:
February 10, 2021


Foundator:
Legion Group
Stake:
5,153,406 DEL
Fee:
8%
Tokens:
LEGIONGAME, LEGIONDOCS
Voting power:
5153406
Delegators:
81





Telegram:
Telegram legionDEL
Note:
Digital space for learning and earning from anywhere in the world.

LEGION is a validator of the Decimal blockchain since February 10, 2021, created by Legion Group.

This document will describe the idea of Legion Group, which guided us when opening the validator, and the strategies that we are already implementing based on our own experience.

We created this document so that anyone who wants to build a business with DecimalChain blockchain can understand how our validator can bring value to them or their company through this document.

In our view, this is also a contribution to the strategic development of the network: the more ready-to-use and applicable cases there are, the more new validators can join the network's development, making it stable, as they come to stake validators to improve business efficiency.

That's why we wrote a bit more than we could have written, essentially creating our own White Paper for the validator. As our company is dynamically developing, the White Paper will be updated as we add new development strategies.

We hope that this document will be truly useful and have a positive effect on the network's development, inspiring the reader to become a part of it.

LEGION — more than just a validator

Conversation with the LEGION validator on the DecimalChain channel (RU)

That's the motto we chose for our "white book" (white paper) because we didn't come here to mine coins and make fiat profit, although this goal is indeed evident for us and for anyone reading this text.

We came here to support the network and take business to a new level thanks to the growing issuance of new coins. And in order for this to happen, we need to contribute to attracting delegators.

Therefore, we came here to develop the network, as this is the key action we need to focus on to solve our business tasks.

Moreover, it is very important for us that our positioning in the Decimal community is so clear that any user reading this document can see the full picture and understand who we are and how our validator fits their needs.

By the readers of this document, we mean several categories of people:

  • Developers and the Decimal team, who will understand who and what serves their development.
  • Potential delegators who want to understand if they will delegate their balances to us.
  • Potential validators who want to determine why they should become validators or want to learn how other validators build their businesses.
  • Anyone who wants to understand what this "beast" - the LEGION validator - is.

The Legion Validator is a strategic tool for the development of Legion Group, created to conduct business by means of the DEL emission.

The main goal of creating the validator is to generate profits that will enable the business to become self-sustainable by supporting the DecimalChain network.

Profit distribution

  • Fulfillment of loyalty program obligations.
  • Payment of partner rewards.
  • Advertising campaign to attract new users.
  • Costs for creating and maintaining online schools and the validator.
  • Salary payments to employees.
  • Development of the Legion Group brand infrastructure.
  • Payment for trading tournaments.
  • Dividend payments to founders.
  • Reward for achieving ranks (qualifications).
  • Payment of commissions for issuing blockchain technology certificates.
  • Payment for company's multisend and multisig transactions during client registration.
  • Conducting giveaways and other promotions to promote the company.

To achieve the main goal, Legion Group sets one main task for itself — to develop the Decimal network by attracting new delegators, thereby earning commissions from their delegation.

Thus, Legion Group is directly interested in the growth of voting power to fully cover its expenses and make the business self-sustainable.

Development strategy of the LEGION validator network

To accomplish our main task, we must attract new users since we only earn commissions withheld from their delegated balances.

To put it simply, we earn income from the earnings of people who trust (delegate) their coins to us for generating new coins, while keeping them frozen in our own wallet rather than on our own wallet.

The more coins people delegate, the more we earn together since we have no income without people, and people have no income without us.

Therefore, as a validator, we are obliged to provide a high-yield, reliable, interesting, and understandable service, ensuring the security of users' balances, while increasing people's engagement in cooperation with us.

Based on these ideas, Legion Group will develop the network by combining four strategies.

  1. Attracting new users through tokens LEGIONGAME.
  2. Attracting new users through offering to delegate DEL to the validator on favorable terms.
  3. Attracting new users through gifting one or multiple course levels for delegating to the validator.
  4. Creating a referral and bounty programs in blockchain for financial incentives in user attraction and delegation to us.

Strategy #1

Attracting users through LEGIONGAME tokens.

LEGIONGAME tokens are a marketing tool utilized by the company during a 4-day free marathon.

During this time, participants can earn tokens for activities and exchange them for discounts or obtain the course for free.

The fifth day of the marathon is dedicated to introducing participants to the workings of the Decimal blockchain, its capabilities and advantages, as well as the basics of using the BitTeam exchange.

As a result of this session, participants will know:

  • How to open a wallet and handle a password phrase.
  • How to make a wallet-to-wallet transaction.
  • How to create a token and its purpose.
  • How to delegate or undelegate any token.
  • What a validator is, how it works, and the meaning of each parameter.
  • How to buy or sell any network token on the BitTeam platform.

At the end of the session, participants submit their wallets to the chat to receive the earned tokens, which will be distributed through a multisend transaction.

How it works

Potential buyers come to the marathon through various advertising channels and earn LEGIONGAME tokens by attending, providing any response during the session, giving feedback after each session, and completing additional assignments from instructors.

A responsible employee keeps track of the number of tokens earned by participants and records the results in an Excel spreadsheet.

The compiled spreadsheet is made accessible to the participants, allowing each individual to see their rank among all the learners.

The Legion Group team motivates everyone to earn even more tokens by organizing competitions among the activities.

On the fourth day of the marathon, the most engaged participants receive the course as a gift, while their points remain with them.

After the draw, the team offers to exchange the received tokens (still points in the spreadsheet) for a discount, where 1 token equals a 1% discount, but not exceeding 50% for the first level.

On the fifth session, everyone receives their tokens in their wallets, and in order to activate the discount or claim their gift, they need to delegate the tokens to the validator and pay for the first level.

Thanks to this system, the company achieves measurable results that enhance business efficiency:

  • Increases the conversion of learners into customers by increasing engagement and providing the opportunity to earn tokens through a free course (by giving, we receive).
  • Creates loyal potential buyers since it gives instead of taking during the initial interaction.
  • Educates the attracted individuals on the basic skills of using the Decimal blockchain, who can potentially become delegators.
  • Creates initial user balances through their own tokens and immediately receives them back in the form of delegated stakes (the user is already participating in the emission).

Network Development Mathematics

When we first applied LEGIONGAME tokens during a free marathon, we didn't have a validator yet. However, more than 30 out of 50 people who were on the stream opened Decimal wallets.

Thus, we expect to receive at least 50 to 300 delegators from each marathon who potentially can purchase DEL tokens for delegation.

If each of them buys 100 DEL, we will receive from five to thirty thousand coins in delegation from one stream. If each of them buys 1,000 DEL, we will receive from fifty to three hundred thousand coins in delegation from one stream.

If we only work with this strategy, when the validator is fully filled (1,000 slots), we will receive from 100 thousand to 1 million DEL.

This strategy is needed for us as a validator to reach the maximum number of people with two main objectives:

  • Introduce people who don't want to learn from us to the DecimalChain ecosystem, to generate their interest in using it, as they will be able to delegate our tokens and understand how coin mining works. Eventually, they may buy a certain amount of coins to receive new DEL tokens, participating with us in the emission, or become network coiners.
  • Invest our own tokens in our validator in exchange for a discount, reducing the missed profit through an increase in potential DEL buyers.

Strategy No. 2

Attracting users through offering DEL delegation to the validator.

The Legion Group team trusts Decimal developers, sees the project's potential for a long lifespan through the idea of integrating it into real business. Therefore, we have our own DEL tokens that work in the Legion validator.

Thanks to this, we can recommend this blockchain in terms of staking opportunities and obtaining fiat profits on the most favorable conditions.

Our validator has set an 8% commission, which is an average indicator among validators in the Decimal network. Thus, it is quite profitable to earn with us since we can provide a high coin generation percentage.

Additionally, if an investor attracted to the validator delegates 1,000 DEL coins to us, we offer them our tokens, which they can spend on paying for the first level of our course or even obtain it for free by completing various tasks related to delegating coins to our validator.

This strategy allows us to attract the investor's attention to our company's educational products that teach blockchain technology and remote earning from anywhere in the world using a computer or smartphone.

Students who earn remotely also participate in financial literacy classes, where we suggest investing 10 percent of their profits daily into our validator.

As a result, an investor who wins the course or exchanges our token received from delegation ends up attending classes and concludes that it would indeed be very beneficial for them to invest in blockchain daily to generate profits.

Strategy No. 3

Attracting users through donating one or more course levels for delegation

For our community in the Telegram channel, we organize various contests where participants can win our tokens. However, we have decided not to stop there and go further.

During our work, we noticed that some people wonder if they will benefit from our courses and how much they actually need them.

Our company's validator opens the doors to our online products for such individuals without them having to purchase them from us. Instead, they can simply delegate their coins to our validator in exchange for the first or other course levels.

In this way, a person starts receiving passive income from the course value, can always withdraw their coins to sell them, and completes the first level to get acquainted with us.

In fact, the person receives the introductory course for free (for us), but at the same time, they increase the stake of our validator, and we earn a commission from it.

In this strategy, there is always a risk of coin withdrawal by individuals after or during the course. However, this motivates us to create a product that people want to continue with, and for that, we always need to ensure the quality of education and customer service.

This strategy is good for four reasons:

  • People don't pay anything and even receive income.
  • People become familiar with our educational products.
  • Our validator educates delegators while having a delegated balance.
  • During the course, individuals receive rewards from the validator, and it helps determine if they will continue working with us.
  • Thanks to this strategy, we can acquire customers for all the products of our company and earn even more together with them, following a WIN-WIN strategy, where both sides benefit.

Strategy № 4

Creating a Referral and Bounty Program for Material and Non-Material Motivations to Collaborate with the Validator

Our team is convinced that building a network of partners is one of the most powerful business development tools ever invented by humanity.

Each of our products has a high-income partner program, which allows satisfied users of our products to recommend us to their potential or existing partners.

Legion Validator is one of the company's products, so it also has a partner program, but it is built directly on the blockchain, which is why partner payments are made exclusively in the company's tokens.

However, in the initial stages of validator development, we will focus not on the partner program, but on the bounty program (token distribution) in order to create satisfied validator users who will themselves want to share our tool with others, as they will be able to earn tokens for delegation or other needs.

And only after interacting with us, these people can decide whether to use our partner program or not.

We do not build marketing based on network business principles, where rewards come from multiple levels, but only provide the opportunity to receive an instant bonus for the work done (telling — friend delegates — receives a percentage in our tokens).

Therefore, there will be no focus on "partnership" as people can talk about us even without our focus if they like it.

This is the approach we adhere to, and even if we are wrong about whether to focus on the network, we will not change our policy, as we have not been and will not be a network project.

Validator's referral program

Reward system for work done directly on the blockchain

We have decided to pay each person who motivates another user to delegate coins to our validator. This is nothing more than work done, and any work should be paid for.

But then the question arises: how to establish a connection, who came from whom, not based on a person's words, but through an accurate and reliable system for recognizing the partnership relationship between wallets?

We found a solution: to establish a connection, it is necessary to activate the wallet by sending one coin to your referral, thus establishing a connection between wallets.

We have prepared a partnership program instruction to provide you with a ready-made solution:

Tell a friend about our validator

  • Open a wallet for them and teach them how to use the console.
  • Send them one coin, establishing a connection with them on the blockchain through a transaction.
  • Help them buy coins on the BitTeam exchange and send them to their wallet.
  • Teach them how to delegate to our validator from their wallet.
  • Send the validator owners a link to the friend's transaction and write the transaction amount.
  • Receive our LEGIONGAME tokens in an amount of 10% of the invitation in tokens.


Thus, our referral program already includes the work of training a novice by a more experienced DecimalChain user.

The LEGIONGAME token exchange rate is 1 to 10, where one DEL token equals 10 LEGIONGAME tokens. Therefore, the referral payout in DEL tokens is equal to 1% of the amount deposited by the referral.

Bounty program

Bounty program is an opportunity to perform actions for which the company pays with its own tokens that users can use at their discretion.

Bounty can work in several ways:

  • Reward for subscribing and commenting on channels and social networks of the validator or the Legion Group company itself.
  • Giveaways of discounts on courses.
  • Distribution of free access to the first stage of paid courses, provided that a certain amount of DEL is delegated to the validator.

The bounty program aims to attract attention to our products and increase the loyalty of unfamiliar people who may purchase full products after interacting with us.

We have already described the third option in general terms when introducing strategy #3, which is essentially a bounty, as the company earns solely from commissions without receiving payment for the course.

Case example

The entire course consists of four modules and costs 130,000 rubles.

  • The first stage (module) of the course costs 6,000 rubles.
  • The second stage (module) of the course costs 20,000 rubles.
  • The third stage (module) of the course costs 40,000 rubles.
  • The fourth stage (module) of the course costs 130,000 rubles.

Thus, a person assembles the course like a constructor, and to move on to the next stage, they need to compensate for the difference between the current payment and the next stage.

We propose delegating 300 DEL coins to the validator. With the value of one DEL coin at 17 rubles, the delegator will need to spend 5,100 rubles instead of paying 6,000 rubles at the organization's cash register.

At the same time, the coins are stored in their electronic wallet, belong to them, and generate new coins while they learn.

This bounty program introduces a person to the first part of the course and the quality of services that they may like, and they will purchase the remaining stages because they see the course from the inside. In addition, with a small amount, they can check the profitability of the validator and, if they like it, increase their balance in the future.

Such a way of getting to know us can create loyalty not only to the validator and courses but also to other company offers, as a person may like the interaction with the company as a whole rather than a specific product.

We believe that this method will ensure future earnings but already from loyal, rather than "cold" customers.

Delegation cashback

Cashback services are widespread in the market and provide the opportunity to get back a portion of the money spent on purchases.

We do not consider this a way of earning, but we think that implementing such a service will increase loyalty to our company.

We have decided that if a person delegates coins to us or constantly increases the delegated balance, they will receive a one-time payment for their trust when reaching a certain amount of coins.

  • By delegating from 1,000 to 4,999 DEL, the delegator receives 600 LegionGame tokens.
  • By delegating from 5,000 to 9,999 DEL, the delegator receives 1,000 LegionGame tokens.
  • By delegating from 10,000 to 19,999 DEL, the delegator receives 1,500 LegionGame tokens.
  • By delegating from 20,000 to 50,000 DEL, the delegator receives 2,000 LegionGame tokens.
  • By delegating from 50,000 to 100,000 DEL, the delegator receives 3,000 LegionGame tokens.
  • By delegating from 100,000 to 500,000 DEL, the delegator receives 7,000 LegionGame tokens.
  • By delegating from 500,000 to 1,000,000 DEL, the delegator receives 10,000 LegionGame tokens.

In total, through the cashback program, it is possible to earn 25,100 tokens, which is equivalent to 2,510 DEL, and this gives the right to receive a full trading course for free by delegating 1,000,000 DEL. As soon as the delegated balance reaches a new milestone, the person receives a bonus for achieving a higher balance.

For example: A person delegated 6,000 DEL and received 1,000 LEGIONGAME tokens, then they liked our validator and decided to add another 4,000 DEL. Their balance reached 10,000 DEL, and for this, they receive 1,500 LEGIONGAME tokens.

This program is not intended as motivation to purchase the entire course. To obtain the full course, one would need to invest 17 million rubles (with the course costing between 166,000 to 300,000 rubles).

However, during the process of increasing the balance in our validator and receiving dividends of up to 10% per month, the delegator has the opportunity to learn trading or gift the course to another individual.

Secondary benefits of working as a validator for the company

By secondary benefits, we mean the positive side effects of validator development, apart from generating income from commissions.

The validator essentially serves as an investment offering from Legion Group, expanding the company's target audience categories.

Moreover, through the validator, people will become familiar with other company products, and other company products will introduce their users to the validator, creating a system where one product sells another.

Next, let's discuss how deploying the validator opens up the opportunity to create a mutually beneficial ecosystem.

User Story #1

Vasily is looking for ways to earn money online and comes across an advertisement for a free cryptocurrency trading marathon. He attends the marathon, completes it, and earns tokens there. During the fourth session, he decides that he enjoys it and wants to purchase a discounted course using tokens.

To receive the discount, he needs to attend the fifth session, where he will be introduced to DecimalChain and learn how to use the BitTeam exchange.

After the fifth session, Vasily will confidently be able to delegate tokens to the validator and join the validator's channel and chat. In this way, he becomes not only a student but also part of the community. Throughout the course or trading process, he can increase his balances if he likes the idea of DecimalChain.

A similar case has occurred in the past, but we didn't have a validator at that time, so the person delegated 100 DEL coins to someone else. After the news about the validator's launch, he bought more coins and delegated them to us.

User Story #2

Vasily is looking for ways to earn money online and comes across an advertisement for a free cryptocurrency trading marathon. He attends the marathon, completes it, and earns tokens. However, during the fourth session, he decides that trading is not for him, he doesn't have enough money for it, or for some other reason.

But Vasily has earned tokens and wants to transfer them to his wallet. To do this, he attends the fifth session, where he learns about the Decimal ecosystem, gets sold on the idea, and learns how to use the BitTeam exchange.

Later on, Vasily might be interested in trying passive income from staking and decides to buy DEL tokens and delegate them to our validator, earning 9-10% per month.

These two examples illustrate the path a customer takes when simply searching for ways to earn money online. They might have been specifically interested in trading, but in the end, they discover passive income on the latest generation blockchain.

Perhaps you might even feel inspired to create your own token for various reasons.

This case works as a sieve that filters out both target and non-target clients.

If Vasily enjoys trading, the validator becomes a place for him to invest future profits. If Vasily doesn't enjoy trading, the validator becomes a place for him to invest his money. We assist him with future investments and provide him with the opportunity to earn coins through mining instead of trading.

User Story #3

A person who learns about Legion joins the validator's channel and chat, where token giveaways or other bounty programs, such as darts tournaments or dice games, are regularly held.

People win tokens and can gain access to discounted courses or receive rewards for delegation. In this way, they come to the validator but can also try our courses. In this case, the validator acts as a lead generator, creating loyal users of our products.

LEGION GROUP team

Konstantin Medvedev, Director of Development, founder of Legion validator

The Legion Group team is involved in the development of educational products that allow people to earn from anywhere in the world, regardless of age and education.

However, according to the company's roadmap, Legion Group will transform into the Legion ecosystem, which will consist of the Education Department (Legion Group) and the Service Department (Legion Service).

The Legion Validator is precisely a part of Legion Service, so the validator is administered by the Legion Group team.

Legion validator team

Validator infrastructure

Infrastructure refers to the equipment on which the software for maintaining the Decimal network is installed.

Being a validator is a very responsible task, as it involves the trust of delegators and the safeguarding of their balances.

That is why, to ensure the reliability of the Legion Validator, we use powerful dedicated servers in data centers in Finland and Germany, as well as several penalty protection servers.

The presence of penalty protection servers minimizes the risk of penalties for our validator. As soon as our server goes offline, the penalty protection server activates, and our validator continues to support the network.

Our servers are serviced and updated by technical specialists, which makes our work highly stable and comfortable for earning, while also reducing the risk of receiving a penalty to 1% of the balance.

It is not possible to completely eliminate the possibility of a penalty, but we do everything to make delegation to us as safe as possible.

Coin generation in the validator

Our validator charges an 8% commission for the work performed. This means that our validator retains 8% of the emission received by the delegator. The validator team earns only from the coin generation fees.

The profitability in our validator depends on two parameters:

  • The share of our validator from the total number of delegated coins.
  • Your share of the delegated coins in our validator.

In any case, you can expect around 0.33% per day from the delegated balance. The more you delegate, the more you start to earn, as increasing the delegation balance increases both our balance and your share in our validator.

Validator maintenance

The maintenance is carried out by the DecimalPro team, which, at the time of writing this whitepaper, has never received any penalties and already has experience as a validator in the MINTER network.

Since working with the validator is new to us, we have completely entrusted the maintenance to professionals who help us gain positive experience.

Official validator's resources

  • Official channel: Telegram legionDEL
  • Validator's chat: Telegram Legiondelchat
  • Validator's website: currently under development and will be part of the Legion Group website

Conclusion

We have created the first version of our "whitepaper" that is intended to help the reader understand who we are and what tasks we solve with the help of the validator.

This document will be supplemented with our experience so that every reader can replicate our case and increase the efficiency of their business or build their business with us.

The validator opens up opportunities for us to connect our company's products and develop it both in terms of audienceand commission earnings.

Our team welcomes suggestions for editing and expanding the first version of the "whitepaper" to ensure that every line is clear.

If you want to make a proposal, establish a partnership with us, or simply ask a question, you can contact us through the official resources or any team member.

© LEGION Validator Team
This article was created by independent participant of the Decimal network.

Notes

  1. ↑ 1.0 1.1 1.2 Instagram belongs to Meta, a recognized extremist organization in Russia.


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