Smart Layer is a programmable blockchain-based service network that facilitates the execution of token logic. Also, it enables decentralized, scalable, and secure complex interactions with various systems and tokens.
You might like: Hong Kong Prepares for Spot Crypto ETF
What is Smart Layer?
By leveraging blockchain technology, it offers an integration layer that enables reliable token logic and facilitates a tokenized web with limitless integration potential. Smart Layer serves as an interface that allows token code to be executed in digital environments, managing the accounting, issuance, cancellation, or termination of tokens. This means that Smart Layer not only paves the way for limitless integration but also provides privacy and security.
Why Do We Need Smart Layer?
Smart Layer is necessary for a more dynamic, integrated, and user-powered internet. It stands as a deployable service container that uses TokenScript to allow tokens to provide new APIs without service network redeployment, is designed for high traffic, and uses encryption and secure computation for privacy.
What are the Core Objectives of Smart Layer?
- Increased Information: Executable tokens can carry more complete asset information, which helps with price discovery.
- Increased Utility: Executable tokens carry both front-end and back-end, and carry both on-chain and off-chain functions.
- Increased Integration: Executable tokens have more malleability and can be more easily integrated into other systems, leading to increased value the more they are used.
What is the Smart Layer Network?
It is more than just blockchain-based assets. Also, they are gateways, integration units, and tradable rights that can shape the future of the web. As we continue to explore and understand their capabilities, we will likely see a transition toward a more integrated, decentralized, and user-centric digital world.
What is a Smart Token?
A Smart Token is a programmable blockchain-based asset that encompasses business logic, providing complex interactions in an independent, interoperable format with various systems and other tokens. Traditional blockchain tokens enabled ownership without a custodian and mandatory transaction rules.
$SLN Coin Tokenomics
- Investors: 25%
- Team: 20%
- Rewards: 20%
- DAO: 34%
- Early Users: 1%
The DAO allocation will be used for development grants, programs, and marketing, which will be decided by SLN holders through governance.
Smart Layer Founders
It was founded in 2017 by Victor Zhang, Weiwu Zhang, and James Brown. Since then, they claim to be on their way to creating a fully integrated web where tokens serve as integration points between Web2 and Web3.
Smart Layer Investors
When we look at their investors, we see a lot of very large firms. These include giants such as the Ethereum Foundation and Polygon.
Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.