LayerZero Logo

LayerZero (ZRO)

Past
Total Raise: $293,300,000
Date: 16 Nov - 01 Feb

LayerZero, an omnichain interoperability protocol, streamlines communication for dApps across multiple blockchains. With Ultra-Light Nodes and smart contracts, it ensures secure and cost-effective cross-chain swaps, bridges, and liquidity transfers.

Backed by prominent investors and experienced founders, the project's high optimism signals its potential to positively impact the crypto landscape. Recently securing $293 million in LayerZero token private rounds, the project boasts a $3 billion valuation. 

The business model involves revenue from transfer fees and potential proprietary decentralized exchanges.

❗️ ❗️ ❗ IMPORTANT:

Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 80+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

LayerZero Overview

Ticker: ZRO
Country: Canada
Founded: 2021
Whitelist: n/a
Blockchain Network: Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, Avalanche, etc.
KYC: n/a
Bounty: Yes
MVP: Yes
Type: IDO
Security Audit: Yes

LayerZero Review

LayerZero is an innovative omnichain interoperability protocol designed to facilitate trustless and efficient communication between decentralized applications across multiple blockchains. Through its Ultra-Light Nodes and smart contract-driven infrastructure, the project enables secure and cost-efficient interaction between different blockchains, fostering cross-chain swaps, bridges, liquidity transfers, and omnichain tokens.

To enhance the developer experience with LayerZero transactions, the team introduced LayerZero Scan, a blockchain explorer, consolidates all LayerZero transaction details—message origins, destinations, and confirmations—across multiple blockchains, offering users a unified platform for tracking their activity. 

The LayerZero ecosystem, though currently small, boasts promising projects like Stargate, demonstrating the protocol's potential. At its core, LayerZero facilitates true decentralized network communication while prioritizing security and cost reduction. Stargate, LayerZero's first DEX and bridge, is a successful liquidity transfer protocol that exemplifies the platform's capability to facilitate seamless cross-chain liquidity transfers.

There are a growing number of startups that are being built on the LayerZero chain. Besides Stargate, some of the most notable projects include Rage TradeAngle ProtocolRadiant CapitalHashflowOmni X and others. 

Led by experienced founders, including Bryan Pellegrino, Ryan Zarick, and Caleb Banister, LayerZero Labs benefits from their proven track record in online fantasy sports, predictive AI, and blockchain-related startups.

What is LayerZero Valuation?

As of the latest update, LayerZero has successfully raised $293 million in private rounds, achieving a valuation of $3 billion. Notable investors, including Sequoia Capital, Binance Labs, A16z, and other Tier 1 contributors, underscore the project's high optimism and potential positive impact on the broader cryptocurrency landscape.

The tokenomics of LayerZero coin ($ZRO) have not been revealed yet, but upcoming airdrops are planned for the community.

LayerZero Labs prioritizes security and has commissioned over 35 audits of its smart contracts. 

LayerZero Token Economy

Total Raise: $293,300,000
Total Supply:
Private/Pre-sale: (0%)
Public Sale: (0%)
Fully Diluted Valuation (FDV):
Initial Circulation Supply: (0% of FDV)

LayerZero Token Sale (ICO & IDO) Rounds

Seed: 01 Mar - 01 Apr

Price: N/A
Tokens for sale: N/A
Raise: $2,000,000
Lock-Up: N/A
Private: 01 Nov - 16 Nov

Price: N/A
Tokens for sale: N/A
Raise: $6,300,000
Lock-Up: N/A
Private: 25 Apr - 25 May

Price: N/A
Tokens for sale: N/A
Raise: $30,000,000
Lock-Up: N/A
Private: 01 Mar - 30 Mar

Price: N/A
Tokens for sale: N/A
Raise: $135,000,000
Lock-Up: N/A
Private: 18 Jun - 18 Jul

Price: N/A
Tokens for sale: N/A
Raise: N/A
Lock-Up: N/A
Private: 10 Feb - 10 Mar

Price: N/A
Tokens for sale: N/A
Raise: N/A
Lock-Up: N/A
Private: 04 Mar - 04 Apr

Price: N/A
Tokens for sale: N/A
Raise: $120,000,000
Lock-Up: N/A

LayerZero Funds and Backers
(3/37)

Submit
Coinbase Ventures logo
Coinbase Ventures
Score: Very High
11 numbers of
investment
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tiger global management
Tiger Global Management
Score: Medium
7 numbers of
investment
Read More
Sequoia Capital Logo
Sequoia Capital
Score: Very High
6 numbers of
investment
Read More
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LayerZero Influencers
(3/6)

Submit
DoubleTop
Score: High
5 numbers of
investment
Read More
Top 7 ICO logo
TOP 7 ICO
Score: Medium
4 numbers of
investment
Read More
CryptoDiffer Logo
CryptoDiffer
Score: High
2 numbers of
investment
Read More
View All

LayerZero Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  28 Nov 2023 Upgrade

LayerZero Team

Bryan Pellegrino
Bryan Pellegrino
CEO & Co-Founder
Ryan Zarick
Ryan Zarick
CTO & Co-Founder
Caleb Banister
Caleb Banister
Co-Founder
Ari Litan
Ari Litan
Strategic Advisor

LayerZero News

LayerZero Airdrop & Retrodrop & Bounty

Airdrop (Retrodrop)
LayerZero Logo
funds
Start Date:
01 Apr 2022
End Date:
01 Feb 2024
Difficulty:
Hard
Winners:
N/A
Rewards:
N/A

Description

LayerZero has emerged as a promising solution to the interoperability challenge, facilitating seamless communication and asset transfers between disparate blockchains.

While the project doesn't currently have its own token, its impressive fundraising of $293.3 million from renowned investors like Binance Labs and Andreessen Horowitz strongly suggests the potential for a token launch in the future. This anticipation has fueled excitement within the crypto community, with many eagerly awaiting the announcement of a potential, retrospective LayerZero airdrop (aka Retrodrop).

The LayerZero team hasn't officially detailed the criteria for retrodrop eligibility. However, maintaining consistent engagement with LayerZero-based protocols and active participation in social media activities could enhance the likelihood of receiving $ZRO tokens.

Drawing from insights gained from previous airdrops and our extensive research, actively utilizing Stargate, exploring other LayerZero dApps, and participating in guild initiatives are just a few of actions. recommended by our team.

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