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Announcing $21M in total funding & more — Layer3

July 27, 2024
in Web3
Reading Time: 3 mins read
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Thrilling replace: Layer3 has secured $21M in whole funding. Led by ParaFi and Greenfield, we not too long ago closed a $15M Collection A spherical. The brand new elevate follows a beforehand unannounced strategic spherical of $3.7M in 2022 and $2.5M spherical in 2021.

The most important worth creation occasion within the historical past of the online has been the monetization of consideration — till now. Our mission is to unleash an unprecedented $500B+ in worth issuance to customers by decentralizing this mannequin.

We’re fixing the twin downside of consideration and distribution in crypto:

Consideration, the foreign money of the web, is monopolized by centralized tech behemoths.

The decentralized protocols difficult this method face main distribution hurdles.

Layer3’s omnichain identification and distribution protocol creates an unequalled flywheel impact, the place crypto customers flip their consideration to new tasks whereas being rewarded for onchain exercise.

Arbitrum, Base, Celo, Gnosis, Linea, Uniswap, and greater than 100 different crypto groups are utilizing Layer3’s distribution infrastructure. The platform has served over 3M distinctive customers up to now throughout 25 completely different blockchains together with the EVM, Solana, and Cosmos.

Later this 12 months, the Layer3 Basis will launch the L3 token, together with a brand new AI-enabled protocol for optimizing distribution methods.

New Each day Provide: Free Fuel on Polygon

We wish to assist extra folks develop into energetic onchain. So declare your free every day gasoline on Polygon, powered by the brand new Each day Presents characteristic on Layer3. Claims reset each 24H.

With Each day Presents, CUBE holders can now earn personalised airdrops for onchain exercise day by day. Quickly, we plan so as to add the next to Each day Presents:

Boosted rewards for L3 stakers

Improved personalization out of your exercise

Discovery in further pockets apps by way of Daylight

Declare your Each day Presents

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Tags: 21MAnnouncingFundingLayer3total
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