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Jumper sets September 29 for JUMP token sale on Legion

Jumper has scheduled its first independent capital raise for the JUMP token, opening a three-day window on the Legion platform starting September 29 at 13:00 UTC. The offering, which concludes on October 2, marks the company's shift toward a decentralized governance model despite strict geographic participation limits.

Jumper sets September 29 for JUMP token sale on Legion

Eligible participants may submit pledges through Legion, though the company warns that a pledge does not guarantee an eventual token allocation. Final distribution amounts will depend on total demand and the platform’s internal selection process. If requests significantly exceed the available supply, Legion may adjust individual allotments to broaden participation. Jumper emphasizes that the JUMP token represents a path for users and contributors to influence the project's growth, noting that the company carries no equity.

The sale imposes rigorous geographic restrictions, explicitly excluding residents of the United States, the United Kingdom, Russia, Iran, Syria, North Korea, and Cuba. Within the European Union, access is limited to fewer than 150 eligible individuals per member state. These hurdles persist even as Jumper scales its operations, reporting over $41 billion in lifetime transaction volume and a user base exceeding 100,000 monthly active users. CEO Marko Jurina is currently steering the firm toward an expanded product suite that includes yield-bearing protocols, perpetual futures, and tokenized real-world assets.

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