Layer3 is no longer just a task platform; it has proven itself to be a key player in the growth engine of Web3 through data and cash flow.

Web3 user growth platform Layer3 announced that, as of the 2024 fiscal year, Layer3's revenue has officially surpassed $20 million, achieving positive cash flow and profitability. This milestone performance sets a rare commercial example in the highly competitive and still-growing crypto industry.

In a context where most projects still rely on token incentives and external financing, Layer3 has taken the lead in establishing a sustainable business model, achieving rapid growth based on enterprise-level cooperative clients. Its revenue sources include: task cooperation at the protocol level, platform subscription services, and on-chain interactive data insights.

Dune charts show the amount of L3 buybacks received by the L3 platform over time. This amount is nearly $1,000,000.

Large-scale token buybacks demonstrate financial strength and long-term commitment

Layer3 also announced that the team has completed a token buyback plan amounting to several million dollars. This move not only helps optimize the token circulation supply but also reinforces market confidence in the Layer3 team's commitment and execution.

This buyback action provides solid support to the market, effectively boosting community sentiment and the trust expectations of medium- to long-term holders.

Focusing on solving Web3 user growth issues

Layer3's platform has a clear positioning aimed at addressing one of the biggest challenges faced by Web3 projects: the difficulty of acquiring and retaining high-quality users. As the core exploratory layer of Web3, Layer3 is becoming a central engine for aggregating users, applications, and multi-chain ecosystems. The platform is the second most used dApp on the Ethereum blockchain, second only to Uniswap. It has gathered over 2 million users, with monthly active paying users exceeding 30,000; it also supports over 760 popular protocols and seamlessly integrates with more than 40 mainstream blockchains. Like Google, Layer3 is reshaping the way global users explore and adopt crypto technology.

Layer3 is a strong growth engine, with leading projects like Linea, Jito Labs, and Uniswap driving user growth and loyalty through Layer3. For example, Linea achieved over 1 million users in just 6 weeks, and Jito Labs has a user retention rate exceeding 70%.

The platform assists protocols in achieving real conversion actions through a structured task system (Mission), on-chain behavior tracking, and incentive modules, such as wallet linking, staking, cross-chain activities, and governance voting. Enterprise clients can pay based on actual results, achieving efficient on-chain user growth.

Partners across mainstream ecosystems, dual validation of technology and trust

Currently, Layer3 has established partnerships with several top ecosystems, including:

• L2 public chains and technology layers: Mantle, Linea, Optimism, Arbitrum, Polygon, Base, Starknet

• Cross-chain infrastructure: LayerZero, Axelar, Across

• Protocols and application layers: Uniswap, Aave, Jito

These collaborations are mostly long-term, continuous traffic generation plans, demonstrating the key role Layer3 plays in user growth strategies and gaining widespread market recognition.

Looking to the Asian market, strengthening token economic design

Layer3 has begun to initiate strategic advancements aimed at the Asian region, including:

• Region-specific task modules

• Localized promotional activities

• Establishing strategic alliances with Asian chains and communities

The platform token $L3 will continue to play a core role in task incentives, participation thresholds, reputation points, and DAO governance. The team also plans to introduce value capture designs, including staking rewards and token burn mechanisms, to establish a healthier token economic cycle.

Co-founder Kumar stated: "We are proving that the crypto world can both uphold its mission and achieve financial stability; our profit model is a strong testament to the practical value that can be scaled."

Layer3 will continue to strengthen its global layout based on robust revenue and provide the most reliable infrastructure for long-term user growth in Web3 through a sustainable token model and task platform design.

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