Legion Network, the first super app to create an accessible blockchain ecosystem, today announced its partnership with SHIELD, the global risk intelligence company, to strengthen its defenses against fraudsters as part of its commitment to provide users a fair and reliable trading environment.
Legion Network provides an easily accessible platform for crypto enthusiasts to exchange, learn, and collaborate with like-minded community members. Users can buy over 80 cryptocurrencies in over 160 countries, trade NFTs and earn tokens. Partnership will see Legion Network leverage SHIELD Device Intelligence solution to strengthen its fraud prevention capabilities and ensure a reliable and fairer platform for its users.
A unique aspect of the Legion Network ecosystem is Legion Arcadia, a gaming platform where players can participate in daily challenges to win crypto and NFT prizes. Platform users can also organize and participate in contests for prizes, as well as receive trophies for high levels of engagement. This meant that fraudsters could potentially speed up their earning process by using jailbroken devices, cloning apps and installing auto-clickers. They could also create multiple accounts to increase their chances of winning prizes in user-run contests. This creates an unfair playing field for other participants, which damages user trust and the integrity of the platform.
Legion Network uses SHIELD Risk Indicators to identify when and what malicious tools and techniques are being used, identifying fraudsters trying to gain unfair advantages by winning sweepstakes or daily contests. The platform also uses SHIELD ID to accurately detect devices linked to multiple accounts. These solutions therefore enable Legion Network to create safer communities of users.
Operating in the blockchain industry comes with expectations for the highest privacy standards, so it’s essential that SHIELD’s device intelligence can identify real users without the need for personally identifiable information (PII). ) and other traditional KYC measures. Supercharged with technology from SHIELD, Legion Network can provide its users with the most trusted platform for their crypto needs and continue its global growth.
Athar Ahmed, CEO of Legion Networksaid “At Legion Network, we believe crypto is for everyone, and our mission is to empower our users to connect, collaborate and engage with like-minded crypto enthusiasts at large. SHIELD’s risk intelligence has become an indispensable part of our fraud prevention strategy and has helped us ensure that we are focusing our efforts on creating the best possible ecosystem for genuine users.
Justin Lie, Founder and CEO of SHIELD, commented, “Crypto is an extremely fast-paced industry where trust is of paramount importance. We are honored to work with Legion Network to protect its platform and its users from fraud and abuse. By prioritizing the security of its systems, Legion Network is well positioned to take the crypto world by storm and drive continued growth globally.
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About the Legion Network
Legion Network, the first super app to integrate industry-leading services into an accessible blockchain ecosystem, has announced its official launch. Being the first of its kind, the super app aims to revolutionize the crypto space by offering a variety of services ranging from crypto wallets, NFT, Play to Earn, Watch To Earn, Launchpads, Rewards and more. Legion Network aims to allow users of all experience levels to become well acquainted with the new benefits of blockchain technology.
SHIELD is the world’s leading risk intelligence company helping global organizations like inDrive, Alibaba, Mobile Premier League (MPL), TrueMoney and Maya stop fraud, build trust and drive growth. We combine AI and explainable machine learning algorithms to help all online businesses stay ahead of new and unknown frauds.
With offices in San Francisco, Miami, London, Berlin, Jakarta, Bangalore, Beijing, Singapore, we are rapidly delivering on our mission to build trust around the world.