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Layer3 - Series A
Overview
About Layer3 - Series A
Layer3, a token distribution protocol, has raised $15 million in a Series A funding round ahead of its token launch and airdrop in the coming months. ParaFi and Greenfield Capital co-led the round, with Electric Capital, Immutable, Lattice, Tioga, LeadBlock, Amber and others participating, Layer3 said Wednesday. The project began raising funds for the round in April and closed it in May.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2018 | 99 | [email protected] | ||
| Fund | Germany | 2018 | 13 | -- | ||
| Fund | United States of America | 2018 | 78 | -- | ||
| Corporate | Australia | 2018 | 7 | -- | ||
| Fund | United States of America | 2021 | 52 | -- | ||
| Fund | Luxembourg | 2019 | 17 | -- | ||
| Fund | United Kingdom | 2020 | 11 | [email protected] | ||
| Fund | Hong Kong | 2017 | 72 | [email protected] |
Founders & Team
Peter Ng
Brandon Kumar
Dariya Khojasteh
Company Profile / Project Introduction
Layer3 is a token distribution protocol that enables projects to distribute their tokens to attract and retain users. Layer3 essentially unifies user activity across multiple blockchains and applications, enabling protocols to distribute tokens more effectively. Layer3 is also working on a new AI-enabled protocol for optimizing token distribution strategies, slated to launch later this year. Kumar said the AI-enabled protocol will unlock new ways for projects to issue and distribute tokens and make Layer3 more personalized for the end consumer.