🚀 Layer3: Unlocking the $1 Trillion Attention Economy 🌐
🚀 Let's dive into key features and potential of $L3 in this captivating thread! 🧵👇
1️⃣ Introduction: Layer3 is a groundbreaking protocol aiming to unlock the $1 trillion attention economy by creating a liquid market for attention, powered by novel identity and incentives infrastructure. It stands out as the only attention infrastructure across the EVM, Solana, and Cosmos ecosystems. Since its launch, Layer3 has facilitated over 96 million interactions across 545 ecosystems in more than 150 countries.
2️⃣ Technology: Layer3 operates as a Layer 3 protocol built on top of existing Layer 2 solutions. It offers enhanced scalability, interoperability, and customization, allowing developers to create application-specific blockchains tailored to their needs. Examples of Layer 3 protocols include Orbs, Arbitrum Orbit, and zkSync Hyperchains.
3️⃣ Whitepaper Analysis: Layer3’s whitepaper emphasizes community-driven governance and interactive education, with users completing Quests to earn CUBEs (digital badges) while learning about crypto in an engaging way. The Layer3 Foundation fosters community-led governance and aims to advance blockchain technology. L3 token holders gain voting rights and rewards through staking. Layer3’s design ensures both beginners and crypto veterans can learn and discover through practical experiences and real rewards. The project prioritizes scalability, customization, and seamless communication between blockchain networks. The recent $20 million funding round led by ParaFi Capital and Greenfield One highlights investor confidence in Layer3.
4️⃣ Use Case: Layer3’s primary use case is interactive crypto education. Users complete Quests, earn CUBEs, and gain valuable knowledge. The L3 token enables voting and unlocks rewards through staking.
5️⃣ Team and Leadership: Layer3’s co-founders are Dariya Khojasteh (CEO) and Brandon Kumar (COO). Ehsan Abbaszadeh leads growth, and Yahya El Asmar contributes to the team.
6️⃣ Partnerships: Layer3’s is backed by leading investors in the industry like ParaFi, Electric Capital, Lattice, Third Prime , Sandeep Nailwal , Balaji Srinivasan.
7️⃣ Security and Audits: Layer3 protocols have been audited by two separate firms Sherlock and ThreeSigma in phase 1 and 2.
8️⃣ Tokenomics: Layer3 has a total supply of 3333.33 million and circulating supply 371.01 million L3 tokens, with an initial airdrop of 5% of the total supply and a community allocation of 51%. Token utility includes staking, governance, and access to incentives and launchpad projects.
9️⃣ Exchanges: L3 is listed on various exchanges like Bitget, Bybit, Gate.io, KuCoin, MEXC, Uniswap and many more.
🔟 Conclusion: Layer3’s innovative approach to crypto education, combined with its attention-focused infrastructure, positions it as a promising project. As it continues to evolve, its impact on the crypto space remains exciting. 🚀🌐
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