Layer3 is a prominent Web3-focused platform designed to enhance community-driven engagements through an omnichain identity and distribution protocol. Founded in 2021, Layer3 strives to innovate how users interact with decentralized applications by offering gamified experiences and user quests. It is headquartered in New York, and has raised approximately $21.2 million in funding, which includes a significant $15 million Series A round raised in 2024. The platform was co-founded by prominent figures in the Web3 space and operates in the burgeoning blockchain and cryptocurrency industry.
| Attribute | Information |
|---|---|
| Founding Date | 2021 |
| Headquarters | New York, USA |
| Founders | Not publicly disclosed |
| Revenue | Not publicly available |
| Profits | Not publicly available |
| Key Investors | ParaFi, Greenfield |
| Industry | Blockchain, Cryptocurrency |
| Number of Employees | Information not available |
Layer3 was conceptualized during the Web3 revolution as a solution to the increasing demand for decentralized user engagement platforms. Launched in 2021, it quickly gained attention in the blockchain community for its innovative approach to user acquisition through gamified experiences. The platform initially offered curated quests and learning opportunities in decentralized finance (DeFi) and non-fungible tokens (NFTs), enabling users to earn governance tokens by performing tasks. Layer3 attracted investment from venture capital firms in its early years, marking its presence as a significant entity in the Web3 space.
Layer3’s business model is centered around user engagement in the Web3 ecosystem through gamified interactions and quests. Key achievements include:
Layer3 continues to dominate the market by providing a platform that enhances interactions in the blockchain space via innovative tools. The company leverages a strategic approach to engage users, employing partnerships with leading blockchain exchanges to improve market visibility. Equipped with its fully functional omnichain protocol, Layer3 provides a robust infrastructure for decentralized applications. Currently, it is focusing on expanding its market share by capitalizing on its innovative identity and distribution technologies. Its competitive advantage lies in its comprehensive quest system that not only educates but also rewards users, fostering a unique community-driven developmental model.
Layer3 stands as a beacon of innovation in the Web3 arena, pioneering ways to engage and retain crypto enthusiasts and new users alike. Its strategic funding and subsequent expansions have equipped it to make a lasting impact in the blockchain industry. Looking ahead, Layer3 aims to strengthen its platform offerings, providing even more robust community interactions and scalable solutions. As the tech landscape evolves, Layer3’s commitment to fostering blockchain literacy and participation positions it well for continued growth in an increasingly decentralized world.