LAOS

LAOS is a Layer 1 blockchain to create smooth digital assets across blockchains. It allows users to mint and manage assets across various platforms including Ethereum and Polygon by reducing congestion and minimizing gas fees. This seeks to enhance the scalability and decentralization of the blockchain ecosystem without relying on bridges.

Project Goals and Objectives

LAOS is designed to simplify the process of making and managing digital assets on the numerous blockchain ecosystems without bridges or native gas fees. In most simple terms, it does so to reduce traffic congestion on existing liquid chains, enhance scalability, and mint bridgeless tokens, for interoperability between other compatible blockchains like Ethereum and Polygon, and others.

Tokenomics

LAOS token serves an application in the ecosystem with functions such as governance, stake, and transactions. Token holders serve as governance voters, taking part in future blockchain design decisions. LAOS users can also stake tokens and operate as validators, ensuring that the blockchain runs smoothly, and help mint tokens from supported blockchains without the need for a bridge.

ICO Information

From 11-15 July 2024, tokens were available for LAOS at the token price of €0.075 in the ICO. They raised almost €299,999.99 selling about 4 million LAOS tokens in the Initial coin offering (ICO). The minimum ICO purchase was € 100 and maximum was € 5000. This is a massive step forward to expand the LAOS ecosystem.

Technology Features

Core technology features: bridgeless connectivity enables minting on Ethereum and any other EVM chains without native gas costs. Assets can also change and evolve dynamically with the purpose. To leverage the incumbent asset metadata extension, NFTs can be extended across blockchains, greatly enhancing their capabilities.

Team and Leadership

Freeverse, a team of blockchain and digital asset experts, is developing the LAOS project. The team had previously built award-winning technologies and existing startups. Together they have created the Layer 2 solution for partners, from Cupra to Hyperreal, and now they are the right person to ensure the success of the LAOS project.

Roadmap

The ICO closing and the LAOS listing in July 2024 and Q3 2024 for the launch of the mainnet are important milestones in the LAOS project roadmap. In Q4 2024, governance features will be added that will give value to holders. The roadmap additionally includes plans for ecosystem growth and partnerships to further enhance LAOS’ blockchain offerings through 2025 and beyond.