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LayerNet (NET)

Past
Total Raise: $440,000
Date: 18 Jul - 25 Jul 2024

Layernet is the first gaming Layer built on Telegram, aiming to create the next revolutionary Web3 product through a combination of gaming and AI.

On July 18, 2024, LayerNet started its IDO round on ByBit with the goal to raise $150K from it. It’s the first IDO 2.0 project on the platform.

❗️ ❗️ ❗ IMPORTANT:

 Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

LayerNet Overview

Ticker: NET
Country: N/A
Industry: GameFi
Founded: 2024
Whitelist: No
Blockchain Network: Solana, TON
KYC: No
Bounty: Yes
MVP: Yes
Type: IDO
Security Audit: No

LayerNet Review

LayerNet is a gaming layer built on Telegram, leveraging Solana's blockchain technology. It empowers Telegram's 900 million users with an optimized game-specific Rollup solution, enabling seamless, low-cost web3 gaming experiences.

💎 Highlight of LayerNet's game-specific Rollup solution on Solana:

  • Zero gas fee (Mint, transfer, trade);
  • Solana Security;
  • Telegram user base;
  • Unlimited throughout by ZK Rollup;
  • Enjoy the existing Solana ecosystem infrastructure (such as Phantom wallet);
  • Developers friendly (Build and Launch games in days utilizing LayerNet SDK).

👾 Netcoin

Netcoin is a telegram game, powered by Layernet AI, where players earn rewards by boxing against robots. In the game, players take on the role of commander, pursuing various robots from different areas to obtain multiple rewards including coins, NFT rewards, token airdrops, and more.

🗝️ Netcoin Key Activities:

  • PvE Catching: Progress through challenging tasks in the game, earning valuable items and experience.
  • Quest System: Complete daily/random quests to gather resources and explore the game.
  • Crafting Weapon: Design, craft, and upgrade your Iron Fist with unique aesthetics and abilities.
  • Daily income: You don't have to play all day - The higher your level, the more passive income.
  • Community Interaction: Join events, collaborative projects, and competitive tournaments.
  • Token airdrop: $Netcoin airdrop will be given to both players and developers to contribute to the game's ecosystem.

🤑 $NET serves as the primary utility token within the LayerNet ecosystem.

🚀 $NET Token Utility:

  • Transaction Fee Reduction: Tokens cover transaction fees, enabling smooth in-game operations.
  • Staking & Governance: Staking tokens allows participation in game governance and yields benefits.
  • Rewards: Tokens reward player engagement and achievements across various game activities.

💸 On July 18, 2024, it was announced that LayerNet’s IDO round on ByBit with the total raise of $150K was live. LayerNet is the first IDO 2.0 project on the platform. The Subscription Period of the round lasts until July 25, 2025, 10:00 UTC.

 

✅ LayerNet’s pros:

  • IDO Round on ByBit (LayerNet is the first IDO 2.0 project on ByBit);
  • Huge user base (over 1M users);
  • Good SMM coverage;
  • Great Growth Marketing performance.

 

❌ LayerNet’s cons: 

  • High Monthly Token Average Inflation Rate (3.43%);
  • Has no Security Audits;
  • Only Tier 3 partners;
  • Has no investments from backers;
  • Search Engine Optimization is absent;
  • Weak Marketing Infrastructure;
  • Below-the-average Influencer Marketing performance;
  • Has no clear roadmap;
  • Team is anonymous.

LayerNet Token Economy

Total Raise: $440,000
Total Supply: 800,000,000
Private/Pre-sale: 15,000,000 (1.88%)
Public Sale: (0%)
Fully Diluted Valuation (FDV): $8,000,000
Initial Circulation Supply: $2,821,500 (35.27% of FDV)

LayerNet Token Sale (ICO & IDO) Rounds

IEO: Jul 2024 Past

Price: $0.01
Tokens for sale: 15,000,000
Raise: $150,000
Lock-Up: 100% Unlock at TGE

LayerNet Token Release Schedule

layernet vesting

LayerNet Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  24 Jul 2024 Upgrade

LayerNet News

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