Legacy Token
LGCT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Legacy Token (LGCT) is an educational utility token issued by Legacy Network AG for its Web3 EdTech platform, Legacy Academy. While the project features a fully doxxed leadership team based in Liechtenstein and capped tokenomics with deflationary burn mechanisms, it suffers from critical technical, market, and security weaknesses. The project's development is largely closed-source with static public code repositories. Furthermore, LGCT faces near-zero daily trading liquidity, severe community engagement decline following corporate communication freezes, and an unverified audit profile. A qualifying red-flag event is established under Security and Audit History: "BitMart hostile delisting announced on December 29, 2025; KuCoin hostile delisting on January 14, 2026; Gate US hostile delisting on January 14, 2026." These hostile exchange delistings, combined with an unrecovered drawdown exceeding 75–90%, pose substantial structural and market risks.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Legacy Token (LGCT)
Legacy Token (LGCT) is an educational utility and incentive token issued by Legacy Network AG, a corporate entity headquartered in Ruggell, Liechtenstein. Operating within the Web3 EdTech platform Legacy Academy, the token utilizes a Learn-to-Earn (L2E) model and a subscription buyback-and-burn mechanism. LGCT is deployed across multiple blockchain networks, including Ethereum, BNB Smart Chain, Base, Polygon, and VeChain under the contract address 0xd38b305cac06990c0887032a02c03d6839f770a8. The project is managed by a public executive team, including CEO Fabio Martinetti and COO Dominic Haas.
The token has a maximum capped supply of 300,000,000 LGCT with approximately 106,139,448 tokens in circulation. Its distribution schedule includes a 20-month cliff for team allocations and a 10-year linear vesting period for marketing and community allocations. Governance remains centralized under the issuing corporate entity without an active decentralized autonomous organization (DAO) framework. Furthermore, the protocol's blockchain development is primarily closed-source and lacks public repository commit velocity, with no verified smart contract audit report from recognized security auditing firms.
LGCT has experienced substantial market and counterparty disruptions. After reaching an all-time high of approximately $2.18 to $2.20 on April 21, 2025, the token underwent an unrecovered drawdown exceeding 75% to 90%. Market liquidity and community sentiment further deteriorated following a December 2025 security incident and subsequent corporate communication freeze. The token subsequently faced hostile delistings from centralized exchanges, including BitMart on December 29, 2025, followed by KuCoin and Gate US on January 14, 2026, leading to near-zero daily trading volume and severe secondary market liquidity constraints.
