Layer3 is a leading token distribution platform with over 3M active users on board. It allows crypto startups to create more efficient token distribution strategies by implementing various on-chain and social web3 quests to attract new users and build a robust community around its product.
Layer3 crypto protocol is powered by the native $L3 token, which is designed to grant access to the DAO votings and some exclusive tools on the platform.
In 2022, the company closed a $3.7M Strategic funding round from Electric Capital, ParaFi, Sandeep Nailwal, and others.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| Medium | 4.07x | 28 | ||
| High | 5.04x | 19 | ||
| N/A | 81.06x | 17 |