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Linera Logo

Linera (N/A)

Past
Total Raise: $12,000,000
Date: 29 Jun 2022 - 17 Aug 2023

Linera is a high-performing L1 blockchain optimized specifically for building real-time Web3 applications by separating the role of proposing the block creation from the actual transaction validating while integrating parallel transaction processing to deliver cheaper and quicker transactions on its chain. 

Since its foundation in 2021, Linera crypto project has managed to raise over $12M from a few top tier investors like a16z, Tribe Capital, and some others. 

❗️ ❗️ ❗ 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.

Linera Overview

Ticker: N/A
Country: N/A
Founded: 2021
Whitelist: Yes
Blockchain Network: Linera Blockchain
KYC: Yes
Bounty: No
MVP: Yes
Type: Equity
Security Audit: n/a

Linera Review

Linera is a highly productive L1 blockchain network tailored for real-time applications. It aims to deliver users a secure network with predictable performance and the highest decentralization by implementing significant changes in the approach to validating transactions:

  • Parallel transaction processing: Unlike the classic, “Etehreum’s” linear transaction processing model, Linera organizes its transactions into smaller chains and allows node runners to validate all microchains simultaneously. This brings an unlimited scalability potential, delivering users predictable fees costs and transaction speed on the network;
  • Separating block creation and validation: By implementing a micro chain, Linera separates the process of proposing new blocks from validating them, allowing users to independently propose the blocks within Linera chain, and only then validate transactions via node runners. 
  • Wasm smart contract execution environment: Being designed with a focus on security, scalability, and language independence, Linera integrated WebAssembly (Wasm) execution environment, instead of EVM - the most popular execution environment in the industry. 

Read more about Linera's technology in its docs.

🪙 Linera token: Despite the release of its whitepaper, the CoinLaunch team hasn’t found any info on the potential Linera token, and subsequently its airdrop or token sale. However, since it is an L1 blockchain with a confirmed delegated Proof of Stake consensus model, it is almost inevitable for the project to release its own token. 


Nevertheless, as the network is still in an alpha testnet, open for developers only, we doubt that the Linera mainnet, and subsequent token are set to be launched anytime soon. But, it is always better to prepare for a potential Linera airdrop as early as possible, which is why we prepared for you a set of the most notable pros and cons of the Linera crypto project:

✅ Linera pros:

  • Interesting concept and design of the product;
  • Very high SMM, and PR scores;
  • High Growth Marketing, and SEO performance;
  • Above the average Marketing Infrastructure, and Influencer Marketing scores;
  • Decent network of top-tier funds backing the project;
  • Linera’s core team members have prolonged work experience in Facebook, TokenSoft, and Yuga Labs.

❌ Linera cons:

  • No product publicly released yet;
  • Layer 1 and Layer 2 blockchain aren’t meta in the current market state;
  • No security audit yet;
  • No info on potential token release and airdrop;
  • Weak network of partners.

Linera Token Economy

Total Raise: $12,000,000
Total Supply:
Private/Pre-sale: (0%)
Public Sale: (0%)
Fully Diluted Valuation (FDV):
Initial Circulation Supply: (0% of FDV)

Linera Token Sale (ICO & IDO) Rounds

Seed: Jun 2022 Past

Price: N/A
Tokens for sale: N/A
Raise: $6,000,000
Lock-Up: N/A
Private: Aug 2023 Past

Price: N/A
Tokens for sale: N/A
Raise: $6,000,000
Lock-Up: N/A

Linera Funds and Backers
(3/6)

Submit
tribe
Tribe Capital
Score: Medium
11 numbers of
investment
Read More
a16z logo
Andreessen Horowitz (a16z)
Score: Very High
11 numbers of
investment
Read More
7 numbers of
investment
Read More
View All

Linera Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  02 Feb 2025 Upgrade

Linera Team

Mathieu Baudet
Mathieu Baudet
Founder
Danny Greene
Danny Greene
Head of Ecosystem Marketing
Nick Ruzicka
Nick Ruzicka
Head of Business Development

Linera News

Linera Roadmap

2022

Founded in 2021 by Mathieu Baudet, former researcher at Libra/Novi and co-author of the FastPay academic paper. Raised $6 MM in seed fundraising in 2022 led by a16z crypto.

2022-2023

Released whitepaper in 2022. Invited to give research talks at the Science of Blockchain Conference ‘22 (Stanford) as well as Aptos Labs and Chainlink Research in 2023.

2023

Made initial SDK available for testing in 2023 and launched the first Linera Developer School program, a four-week program for developers to learn Linera’s new multi-chain programming paradigm and build on the SDK.

2023-2024

Raised an additional $6 million investment round, for a total of $12 million to date in seed funding. The round was led by Borderless Capital, with participation from Laser Digital Ventures, DFG, Cadenza, Block1, Eterna Capital, MH Ventures, Matrixport, L2IV, ArkStream, Flow Traders, GSR Markets, and OWC, with continued support from a16z crypto, Tribe Capital, and Cygni Capital, who participated in the initial seed round.

Q1 2024

Launched our devnet, enabling developers to begin experimenting with Linera’s microchains architecture. We’ve already seen fantastic dApps being built, like ResPeer, a peer-to-peer content publishing platform that allows authors to publish content and earn credits, which can be used to purchase digital assets in the marketplace.

Q4 2024

Next, we’re preparing for the launch of our testnet in late 2024, which will introduce key features such as our first web wallet browser extension and a token faucet, as well as offer incentives for users who actively engage with the network. 

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