No matter if it's Web2 or Web3, the internet is born for information, and the attention caused by information overload has become an important resource that everyone competes for in Web2. In this world, attention has become the most valuable commodity, and Layer3's goal is to completely change our perception of attention. Now let's introduce a project called Layer3 that tokenizes attention through tokens.

1/ Project Introduction

@layer3xyz is the first attention tokenization protocol, creating a decentralized infrastructure for attention tokenization, releasing over $500 billion in user value through user online identity, content consumption, and monetary incentive layers. Using the full-chain identity and distribution protocol task distribution project, projects cooperating with it will directly distribute to users through Layer3, similar to Galaxy, aiming to unlock tokenized value for users.

2/ Financing and Team Background

Layer3 recently completed a $15 million Series A financing, co-led by @paraficapital and @greenfield_cap, with top-tier Tier 1 venture capital firm @ElectricCapital and institutions such as Lattice, Immutable, Tioga, LeadBlock, and Amber also participating in the investment. Previously, it completed a $3.7 million strategic round of financing in 2022 and a $2.5 million financing in 2021, with a total fundraising amount exceeding $21 million. The team members of Layer3 are excellent. Its co-founder and CEO Dariya Khojasteh graduated from the University of Southern California, and the other co-founder Brandon Kumar previously served as Vice President of Accolade Partners and graduated from George Washington University.

3/ Product Introduction

Layer3's product has reached a historic high on users and social media. According to DappRadar data, it has reached 100 million interactions, with 4.3 million users, and has established new partnerships with Robinhood, Linea, and others. The platform enables seamless token exchange and bridging of assets across mainstream blockchains; users can add wallets from multiple different chains to their user profiles, customize wallet labels and colors, and more easily and orderly verify various tasks, which include on-chain and off-chain operations. Specific requirements need to be reviewed, and after completing the task requirements, users will be rewarded with CUBE, which can be viewed in their own Reward interface along with points and CUBE data.

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