Loomlay LAY Price

What is Loomlay (LAY)?

Loomlay ($LAY) is a decentralized, no-code platform launched in December 2024, operating on both the Base (Layer-2 Ethereum) and Solana blockchains. It empowers users to build, customize, and manage autonomous AI agents without coding expertise, facilitating collaborative AI-driven solutions for Web3 applications. The $LAY token, with a total supply of 1 billion, powers the ecosystem, enabling agent runtime, plugin monetization, marketplace payments, and governance. Each AI agent operates with its own ERC-4337 wallet, tokenized as an NFT, allowing owners to capture value through trading fees and service payments, as noted on CryptoRank.

The platform’s architecture includes an Agent Builder for creating AI agents with specific goals, a Plugin System supporting 18 plugins (e.g., Brian4chan, CoinGecko, Raydium, DeFiLlama), and a Collaboration Layer for agent-to-agent (A2A) interactions. Loomlay supports 13 AI models, including ChatGPT, DeepSeek V3, LLAMA 3, and Gemini, with plans for users to monetize custom models via the marketplace. A Plugin Builder, announced on X, will allow developers to convert APIs into plugins, enhancing modularity. The platform’s Trenches application and integration with tokens like $SEKOIA and $VIRTUALS drive community engagement, with a 30% airdrop of the total supply targeting AI community members until February 11, 2025. No hacks have been reported, but challenges include sustaining adoption, managing price swings, and competing with platforms like Virtuals.

Use cases include AI-driven trading bots, content creation, and DeFi automation, with trading on DEXs like Uniswap V3 (Base), Raydium (CLMM), and Aerodrome SlipStream. Loomlay’s vision is to democratize AI development, fostering a collaborative Web3 ecosystem where AI agents generate tangible value, potentially reshaping AI-blockchain integration.

What is unique about Loomlay (LAY)?

Loomlay’s no-code platform enables anyone to create tokenized AI agents as NFTs, supporting 13 models and 18 plugins for trading, DeFi, and content creation. Its dual-chain (Base/Solana) deployment, A2A collaboration layer, and 30% airdrop to the AI community, combined with a Plugin Builder, make it a versatile AI-DeFi innovator.

Who are the founders of Loomlay (LAY)?

The founders of Loomlay are Anonymous, as no specific individuals are named in available sources. The project is led by a decentralized team, with community-driven development and KOL support from figures like @SeniorDeFi and @hmalviya9 on X.

Who are the backers/investors of Loomlay (LAY)?

No specific backers or investors are disclosed. Loomlay relies on community-driven funding through airdrops (30% of supply) and token sales, with support from exchanges like MEXC, Uniswap, and Raydium. Community enthusiasm on X and integrations with Trenches and tokens like $VIRTUALS drive growth, but institutional backing is not documented.

Where can I buy Loomlay (LAY)?

 Uniswap V3 (Base), SushiSwap V3 (Base)