Layer3: Leading the Future of Crypto Attention & Identity

Key Takeaways
  • Layer3 aligns attention across multiple chains, empowering users to gain value from their contributions.
  • CUBEs unify identity and activity across chains, solving the fragmented onchain identity issue.
  • Projects issue value through points or tokens, rewarding user contributions even before token networks launch.
27-07-2024 Shubham Sahu
Layer3: Leading the Future of Crypto Attention & Identity

Introducing Layer3 Innovative Platform For User-Owned Future

Layer3 stands as the premier omnichain attention and identity infrastructure, trusted by leading ecosystems and users across 150 countries. The L3 token is crafted to synchronize attention across various chains and networks, acting as a unifying element that allows users to gain value from their contributions. It is poised to drive the future of incentives and identity.

Join Layer3 and explore the expansive Layer3 universe as it redefines how protocols and users can mutually benefit from the emerging attention economy.

What is Layer3?

Layer3 is an innovative infrastructure designed to align attention across multiple chains and networks. It serves as a unifying power, allowing users to accrue value from their contributions. Unlike traditional platforms, it decentralizes the control of online identity, content interfaces, and monetary incentives, putting the power back into the hands of the users. It's the first protocol in crypto to commoditize the world's most valuable resource “attention”.

Mission and Vision of Layer3

Layer3 aims to decentralize the monetization of attention, creating an open identity, incentive, and interface network owned by participants. By doing so, it seeks to unleash an unprecedented $500B+ in value issuance to users, challenging the current centralized models controlled by tech giants.

Layer3 envisions a future where identity, incentives, and interfaces are decentralized and user-owned. The value generated by this combination will accrue to the users, empowering them to benefit directly from the attention they provide. The platform aims to create an ecosystem where both users and projects can thrive, unlocking unprecedented growth and value creation.

Features of Layer3

Layer3 offers a range of features that make it a game-changer in the crypto space:

1. Omnichain Identity (CUBEs):  CUBEs are multichain credentials that unify identity and activity across different chains. Over 10 million CUBEs have been minted since four months of its launch, providing a solution to the fragmented on-chain identity issue. A user-owned KYC credential is also on the horizon.

2. Perpetual Incentives:  Projects can issue value to users through points or tokens, making Layer3 an attractive platform for ecosystems like Linea, Base, and Gnosis. This system allows users to earn rewards from their contributions, even before token networks are launched.

3. Unified Interface:  The platform offers a single app where users can explore, earn, build their identity, and trade. This user-friendly interface enhances the overall experience, making it easier for users to engage with various protocols and ecosystems.

4. Decentralized Ownership:  By decentralizing identity, incentives, and interfaces, Layer3 ensures that the value generated accrues to the users. This user-owned model fosters a thriving community and a sustainable growth ecosystem.

Layer3 Raised $15 Million Funding

Layer3 has announced a $15 million Series A funding round co-led by ParaFi and Greenfield Capital, with participation from several other investors. This brings their total funds raised to $21.2 million, including previous rounds in 2021 and 2022.

Layer3 addresses the challenges of attention and distribution in the crypto space by creating an omnichain identity and distribution protocol. This system aggregates user activity across multiple chains and dApps, enabling targeted token distribution based on various criteria. The platform has attracted over 3 million unique users and supports 25 different blockchains.

Layer3's innovative approach has garnered praise from industry leaders and significant investment from Web3 gaming leaders and venture capital firms. The platform aims to revolutionize on-chain value distribution by making it easier for projects to reach and retain users, ultimately decentralizing the attention economy.

Layer3 Listing

Layer3 ($L3) will be listed on OKX with the L3/USDT trading pair on July 30, 2024, at 10:00 AM. This listing allows users to trade $L3 tokens directly against USDT on the OKX platform, enhancing accessibility and liquidity for the Layer3 cryptocurrency.

Layer3 IEO

Layer3 ($L3) will hold its IEO from July 30 to August 6, 2024, via Bybit's launchpad. A total of 21.2 million $L3 tokens will be available for sale, representing 0.64% of the total supply of 3,333,333,333 tokens. The IEO aims to raise $2,120,000, with each $L3 token priced at 0.1 USDT. 

Conclusion

Layer3 is ready to redefine how attention and identity are going to be handled in the crypto sphere. Through decentralizing these core elements, it provides users and projects with the ability to achieve massive growth and value addition. From a user’s perspective, they want to own their data and be rewarded for it, while from a project perspective, they want to have a place where they can build a community, Layer3 offers the tools to do so.

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Also Read: VanEck Hints At Introducing a Spot In Solana ETF

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