Layer3 L3 Price

What is Layer3 (L3)?

Layer3 is an innovative omnichain distribution and identity network designed to enhance user experience across multiple blockchain platforms. It aims to transform how value is shared and how user identities are recognized, enabling ecosystems to reward users directly for their contributions.

Tokenomics of Layer3 (L3)

Layer3 has a total supply of 3,333,333,333 L3 tokens. Its tokenomics include:

• Layered Staking: Users can stake L3 tokens to earn passive yield and additional governance tokens (such as OP and ARB). The rewards are proportional to the amount staked.
• Burn Mechanisms: Communities can buy and burn L3 tokens to access the Layer3 network for posting quests, deploying incentives, and obtaining unique CUBE credentials. These credentials verify users’ achievements across blockchains and help target specific incentives.

How Does Layer3 Work?

Layer3 addresses the challenge of fragmented user attention across various blockchain networks by providing:

• CUBEs (Credentials to Unify Blockchain Events): These credentials create a unified identity for users across different platforms.
• Incentives: The network uses an omnichain distribution protocol that encourages user participation, allowing projects to grow their user base effectively.

Founders of Layer3

Layer3 was co-founded by Dariya Khojasteh and Brandon Kumar. Dariya, a former iOS developer and marketing agency founder, has been in the crypto space since 2016. Brandon, with his background in cryptographic asset management, previously helped scale a $500M crypto fund at Accolade. Together, they aim to improve accessibility and user experience in the crypto world.

Where to Buy Layer3 (L3)

L3 tokens will be available for trading on several exchanges, including OKX, Bybit, Bitget, Kucoin, Kraken, and Gate.io.

Layer3’s Impact and Growth

Layer3 has raised $21 million from notable investors like ParaFi and Electric Capital, allowing it to expand its reach globally, engaging users in over 120 countries. The platform has seen remarkable user activity, with over 20 million paid omnichain credentials minted and 120 million quests completed.

Conclusion

Layer3 is redefining how value is distributed and identities are managed in the blockchain space. By creating a transparent, permissionless environment for users to earn and participate, Layer3 stands out as a pioneering platform set to lead the future of blockchain interaction.

What is unique about Layer3 (L3)?

Layer3 is unique for its omnichain distribution and identity network that combines layered staking rewards, burn mechanisms, and CUBE credentials to create a seamless experience for users across multiple blockchain ecosystems.

Who are the founders of Layer3 (L3)?

Layer3 was co-founded by Dariya Khojasteh, a former iOS developer and marketing agency founder, and Brandon Kumar, who has extensive experience in cryptographic asset management and previously scaled a $500M crypto fund at Accolade.

Who are the backers/investors of Layer3 (L3)?

Layer3 has secured $21 million in funding from prominent investors, including ParaFi and Electric Capital, helping it expand its reach to a global user base in over 120 countries.

Where can I buy Layer3 (L3)?

 Bybit, Gate.io, MEXC, Bitget, Coinbase