AltLayer, the avant-garde infrastructure project, is paving the way for Web3 applications by providing a cutting-edge rollup solution through its Rollup-as-a-Service (RaaS). The project is currently allowing users to participate in the testnet and receive NFTs on Galxe.
Understanding AltLayer:
What is AltLayer? AltLayer stands as a sophisticated platform uniquely designed for application developers, aiming to enhance and integrate execution layers. Considered a unique synthetic layer, AltLayer brings many new enhancements, allowing developers to maximize resources. With its multi-chain and multi-virtual machine design, AltLayer supports both Ethereum Virtual Machine (EVM) and WebAssembly (WASM).
AltLayer's Website: Explore AltLayer
Key Features and Innovations: One notable aspect is that AltLayer is not constrained by a single L1 or L2 but operates as a modular extension solution that can connect to all EVM and WASM-compatible blockchains. This powerful technology optimizes application performance and extends integration capabilities across various platforms.
Noteworthy Achievements: On February 17, 2022, AltLayer successfully raised a funding round of $7.2 million, with participation from investment funds such as Polychain Capital, Jump Crypto, and Breyer Capital. Renowned individual investors like Gavin Wood and Ryan Selkis also contributed. AltLayer recently achieved the MVB Season VI award from Binance, joining other notable projects like Cashmere and ZKCross.
Upcoming Airdrop and NFT Giveaway: AltLayer plans to conduct an airdrop for early platform users and distribute NFTs from Galxe in Q3 or Q4 of this year.
Guide to Joining AltLayer's Testnet:
Step 1: Follow AltLayer on Twitter, retweet their posts, and join their Discord community.
Step 2: Faucet the following tokens: ETH Sepolia here, MSEQ here, MSNFT here.
Step 3: Deposit and withdraw the tokens from Step 2 here.
Step 4: Visit Galxe to verify completed tasks and claim AltLayer's NFTs.
Join launchpool : https://www.binance.com/en/support/announcement/introducing-altlayer-alt-on-binance-launchpool-farm-alt-by-staking-bnb-and-fdusd-8415d71c5cce481fb8bdec3651972366
