Layer3

Layer3 is a protocol layer for a decentralized $1 trillion attention economy. It bridges different blockchain ecosystems and allows users to gain benefits from their activities across multiple decentralized applications (DApps). It offers a seamless cross-chain identity, which allows users to be integrated across a multitude of blockchains and ecosystems without fragmentation of their experiences.

Project Goals and Objectives

The Layer3 Foundation aims to support the adoption of community-governed governance over its protocols and further develop ecosystem floor space. It seeks to create omnichain infrastructure of distribution, identity, and incentives. Layer3 has processed 120 million transactions across 500+ ecosystems, enabling millions of users with adoption and global impact across interconnected, decentralized networks.

Tokenomics

Layer3’s tokenomics model seeks to maximize an incentivized ecosystem in the blockchain space by leveraging deflationary tokens, activity-based rewards, utility and staking. This fosters a self-sustaining ecosystem in which the price of tokens correlates with user engagement and the network achieving scale, creating a win-win situation for both the project and its community members.

ICO Information

The project completed five rounds of funding to date, totalling $17.5 million; the tokens were sold in Token Launch as well as Launchpool. L3 is currently trading at $0.099, giving the project a market cap of around $47.76 million. Notable investors include Electric Capital, 6MV, Balaji Srinivasan, and ParaFi Capital, pondering confidence in Layer3's potential to spearhead innovation within decentralized finance and blockchain ecosystems.

Technology Features

Layer3 aggregates access to reward and liquidity across 30+ blockchains. With its interoperable credential infrastructure, users can easily manage their identities while unifying user profiles on all leading platforms to provide a better experience. This technological infrastructure promotes user engagement and provides persistent motivation for users to interact with the Layer3 platform, which leads to growth and adoption.

Team and Leadership

The Layer3 team consists of experts in blockchain technology, finance, and community development. This holistic approach is made possible through the design of their leadership team, which is dedicated to realizing the project’s vision of a decentralized, incentivized, and interconnected ecosystem. Together with their rich experience and vision, the team works tirelessly towards the mission of Layer3 to grow and scale sustainably through new blockchain use cases.

Roadmap

Layer3 has some trajectories on its roadmap for growth in terms of reach which further enhances the ecosystem. This can be in the form of new quests being released, new chains being integrated or a whole host of new ways to enhance the user experience. Since the roadmap is well-defined with regards to building up a community, and continuing to build and adapt the platform, this is a strong indication that the project and, once again, the platform will be around in the long term.