Breaking
December 13, 2024

Layer3 Co-founder Brandon Kumar on building a user-centric crypto engagement platform News Desk | usagoldmines.com

CryptoSlate’s SlateCast recently welcomed Brandon Kumar, co-founder of Layer3, to discuss the platform’s mission to revolutionize crypto engagement through user-owned value. Joined by CryptoSlate’s Editor-in-Chief Liam “Akiba” Wright and CEO Nate Whitehill, Kumar shared insights into Layer3’s business model, future goals, and the broader trends shaping the crypto industry.

Redefining User-Owned Value

Layer3’s core mission centers on “user-owned value,” a concept that flips the traditional advertising model. Kumar explained,

“When a user is spending time on Layer3, they’re actually able to earn, in addition to discovering and finding protocols relevant to their needs and interests.”

Unlike traditional platforms like Google or Facebook, which monetize user attention for corporate profit, Layer3 ensures users share the economic value generated from their activity.

By fostering this shift, Layer3 provides users with a more direct connection to protocols and projects within the crypto ecosystem. Kumar elaborated,

“What we’re trying to basically convey is this notion of a user who spends time but also earns economic value while being advertised to.”

The Journey from Traditional Finance to Crypto

Kumar’s background in traditional finance significantly shaped his approach to Layer3. He previously worked at Accolade Partners, a prominent alternative asset manager, where he gained experience in venture capital and technology investments.

“We looked at what was happening in crypto venture and said it resembles a lot of what was happening in the 80s and 90s within traditional venture capital,” Kumar noted.

This unique perspective allowed Kumar to recognize the potential of the crypto space early on. He emphasized that his financial experience taught him the importance of robust business models and defensibility. “Understanding business models and dispassionately thinking about them was essential,” he said, adding that the experience helped him make strategic choices in Layer3’s growth.

How Layer3 Drives Engagement and Supports DAOs

Layer3’s business model operates as a two-sided marketplace. On one side, large layer-one (L1) and layer-two (L2) ecosystems like Optimism and Arbitrum seek to attract users and developers. Conversely, users look for meaningful ways to engage with on-chain protocols. Layer3 bridges this gap.

“Our business model is a two-sided marketplace. We work with these ecosystems to help them reach, acquire, retain, and engage users on-chain,” said Kumar.

For users, Layer3’s platform offers more than just “quests” for rewards. Instead, it provides a holistic experience that includes trading, prediction markets, and on-chain engagement opportunities.

Additionally, Layer3’s role extends into supporting Decentralized Autonomous Organizations (DAOs). “We’re one of the more active participants in our customers’ DAOs,” Kumar stated, highlighting their significant role as a delegate in Optimism and Arbitrum. The platform aims to create meaningful on-chain engagement rather than superficial activity.

Navigating Regulatory Uncertainty

Regulatory uncertainty is one of the most significant challenges for Layer3—and the entire crypto industry. “Pace of innovation is significantly hindered,” Kumar explained, referencing the burden of compliance faced by U.S.-based crypto startups. “Your lawyers basically have a heavy hand in the type of product that you’re building,” he added, alluding to the complications of navigating regulations.

Kumar also acknowledged the role of Operation Choke Point 2.0, in which U.S. banks have reportedly restricted banking services for crypto firms.

“What the banking system did was basically make it such that you couldn’t maintain payroll,”

Kumar said, recounting the experience of other founders in the space.

What’s Next for Layer3?

Looking ahead, Layer3 aims to expand its operations into three core verticals: distribution, trading, and a skunkworks division focused on cutting-edge development at the intersection of AI, conversational finance, and crypto. “We’re restructuring the company across three verticals,” Kumar explained, outlining how the platform will cater to its growing user base while exploring emerging market trends.

Layer3 also plans to introduce a proprietary token to facilitate revenue-sharing and user incentives. “A percentage of the fees that we generate is automatically used to buy back the L3 token,” Kumar noted, adding that the token will play a critical role in aligning incentives across stakeholders.

Future Trends: Mobile, Speculation, and New User Behavior

Kumar foresees two major narratives dominating the next crypto cycle: mobile-first development and the “TikTok-ification” of capital markets. “This will be the mobile era,” he said, hinting at an ongoing acquisition of a mobile trading platform that will mark a pivotal moment for the space.

He also sees growing engagement from younger generations, with Gen Z’s financial habits shaped by platforms like Robinhood, sports betting apps, and crypto-native products. “Speculation of everything” will be a core theme of the next cycle, as 24/7 real-time markets become the norm, driven by crypto-native tools.

Conclusion

The SlateCast episode with Brandon Kumar provided deep insights into the evolution of user-owned value, Layer3’s ambitious plans for crypto engagement, and the role of regulation in shaping the industry’s future. By aligning user incentives with on-chain engagement and creating multi-product offerings, Layer3 aims to redefine Web3 participation.

As regulatory frameworks develop and more crypto-native projects seek to engage users directly, Layer3’s approach to user-owned value and multi-channel engagement may offer a blueprint for the next era of decentralized growth.

The post Layer3 Co-founder Brandon Kumar on building a user-centric crypto engagement platform appeared first on CryptoSlate.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Early Bitcoin investor jailed for falsely reporting crypto gains in $4M BTC sale Florence Muchai | u...
Bitcoin holds strong above $100k as corporate executives offload stocks Shraddha Sharma | usagoldmin...
Lithium Registers as an Official Company in California and Offers a Pre-Sale Price of $0.2 with a La...
Bitcoin Whales and DeFi Enthusiasts Align: This Blockchain Could Be the Next Big Thing Cryptopolitan...
President Trump’s economic and diplomatic decisions are purely based on vibes, not national interest...
Broadcom stock rallied on strong Q1 FY2025 AI projections Enacy Mapakame | usagoldmines.com
3-Year Peak: Chainlink Rally Fueled By Historic Open Interest Levels Christian Encila | usagoldmines...
Cardano Foundation regains social media control amid governance turmoil Oluwapelumi Adejumo | usagol...
Mark Cuban says ignoring crypto cost his friend Kamala Harris the US election Jai Hamid | usagoldmin...
Gate.io dismisses breach rumors as token hits new ATH Florence Muchai | usagoldmines.com
Hyperliquid (HYPE) trades near all-time high as DeBridge deposits to its native DEX open Hristina Va...
Dogecoin Price Slump Looms, Analyst Points To Only One Lifeline Jake Simmons | usagoldmines.com
Texas Fixin’ to Start Strategic Bitcoin Reserve, Great News for $STARS Meme Coin Tracker Which Just ...
Solana emerges as fastest-growing ecosystem for developers globally Oluwapelumi Adejumo | usagoldmin...
Topology Ventures Led by Casey Caruso Raises $75M Tanzeel Akhtar | usagoldmines.com
SwapSpace Launches Mobile App to Enable Seamless Crypto Swaps Anytime, Anywhere KEY Difference Wire ...
Whales and institutions are accumulating defi tokens on Ethereum – Here’s what they’re buying Floren...
Real Bitcoin (BTC) dominance falls against other proof-of-work coins Hristina Vasileva | usagoldmine...
Bitcoin to hit $160k by 2025, predicts Matrixport Ashish Kumar | usagoldmines.com
China’s Xi Jinping says no to attending Trump’s inauguration. As he should Jai Hamid | usagoldmines....
DOGE’s Elon Musk is in a fix with the SEC and Gensler: ‘Oh Gary, how could you do this to me?’ Flore...
Australia’s Biggest Pension Fund Makes Historic $17M Bitcoin Investment, A National First Ronaldo Ma...
Expert Eyes $35 XRP Price, Says Holders To Become ‘Filthy Rich’ Christian Encila | usagoldmines.com
Gate io denies hacking rumors amid its GateToken rally to new ATH Oluwapelumi Adejumo | usagoldmines...
Eigen Foundation pledges 1% of EIGEN token equaling $8M to support Ethereum development Oluwapelumi ...
WazirX hack victims to see relief soon? On-chain data sparks hope Ashish Kumar | usagoldmines.com
Avalanche (AVAX) locks in $250M private sale round ahead of Avalanche9000 upgrade Hristina Vasileva ...
Ethereum: Analysts Eye $4,100 Target As ETH Reclaims Key Support Level Rubmar Garcia | usagoldmines....
IQ launches decentralized autonomous AI agents for conversational trading execution Liam 'Akiba' Wri...
Microsoft debuts Phi-4, a new generative AI model – Here’s the package Florence Muchai | usagoldmine...
Russian Police Arrest 300 in Raid on ‘International Crypto Call Center Scammers’ Tim Alper | usagold...
How A Strategic Bitcoin Reserve Will Impact Texas, Its Economy And Taxpayers Rachel Wolfson | usagol...
Pro-Crypto Rep. French Hill Chosen to Lead House Financial Services Committee Shalini Nagarajan | us...
Bitcoin Price Near $100K: Kraken Faces $5.1M Fine and Texas Pushes Bitcoin Reserve Bill Arslan Butt ...
Bitcoin and Ether ETFs Combined See $870M Daily Inflows Amid Investor Confidence Shalini Nagarajan |...
Solana Ecosystem Outpaces Ethereum in Terms of New Crypto Developers: Report Sujha Sundararajan | us...
Binance Leads with $21.6 Billion in Deposits in 2024, Outpacing Top 10 Exchanges Combined Ruholamin ...
Bank of England Demands Firms to Disclose Crypto Exposure by March 2025 Ruholamin Haqshanas | usagol...
Former Grayscale CEO Joins Tokenization Platform Securitize Tanzeel Akhtar | usagoldmines.com
Key Leader in Digital Euro Efforts Resigns to Quash German Bias Claims Shalini Nagarajan | usagoldmi...
U.S. Judge Slams FDIC for Redacting Crypto ‘Pause Letters’ in Coinbase-Backed FOIA Lawsuit Ruholamin...
Solana Price On The Rise: Key Resistance At $235 Could Spark Major Breakout Ronaldo Marquez | usagol...
Bitcoin ETFs break $4 billion in inflows during first weeks of December Liam 'Akiba' Wright | usagol...
Crypto Proponent French Hill Takes Charge of Key U.S. Finance Committee Vijay Gir | usagoldmines.com
What Is the FDIC Hiding? Coinbase’s Legal Fight Uncovers Red Flags Qadir AK | usagoldmines.com
CHILLGUY Meme Coin Secures Licensing Deal with Philip Banks Qadir AK | usagoldmines.com
Crypto Prices (Dec 13, 2024): This is What Is Happening in the Crypto Market Today! Shrishesh Tanksa...
$4.26 Billion in Bitcoin and Ethereum Options Expires Today: What’s Next for Crypto? Mustafa Mulla |...
Ripple Price To Moon Soon? How Gaming and A.I on XRP can Fuel Massive Rally Anjali Belgaumkar | usa...
Dogecoin Network Hit by DogeReaper Exploit: What Went Wrong? Elena R | usagoldmines.com
Bitcoin Returns Above $100,000 As Monthly Inflows Hit $80 Billion Keshav Verma | usagoldmines.com
Crypto News | Trump reaffirms plans to do ‘something great with crypto’ under new administration Lia...
Crypto News | Australia’s ASIC fines Kraken operator Bit Trade $5M for regulatory breaches Oluwapelu...
Crypto News | Binance dominates 2024 with $21.6 billion deposits and record 250 million users Oluwap...
Crypto News | AVAX rises 10% after Avalanche Foundation raises $250M in preparation for blockchain u...
Crypto News | Ethereum supply squeeze and ETF demand set stage for $5,000 breakout Oluwapelumi Adeju...
Crypto News | Microsoft may be open to Ethereum ETFs despite voting against Bitcoin reserves Assad J...
Crypto News | Robinhood Crypto marks milestone year with $38 billion in assets and European expansio...
Crypto News | Crypto advocate French Hill takes helm of House Financial Services Committee Assad Jaf...
Crypto News | Regulated exchanges dominate Bitcoin trading volumes Andjela Radmilac | usagoldmines.c...
Crypto News | Texas lawmaker proposes state-managed Bitcoin reserve for financial stability Assad Ja...
Ripple Minted 13 Million RLUSD Stablecoin Across XRP, ETH Network Mustafa Mulla | usagoldmines.com
John Deaton Highlights SEC’s ‘Bullying Tactics’ With Elon Musk and Crypto Cases Debashree Patra | us...
The Game Awards 2024: Major announcements for the year 2025 Noor Bazmi | usagoldmines.com
XRP Bull Flag Breakout Could Lead Price To $4, Analyst Says Keshav Verma | usagoldmines.com
Donald Trump’s World Liberty Financial Adds $1M LINK and $246K AAVE Qadir AK | usagoldmines.com
Texas Bitcoin Reserve Strategy: How the New Bill Aims to Revolutionize State Finance Qadir AK | usag...
Astro Bot wins The Game of the Year title along with the Best Direction award Noor Bazmi | usagoldmi...
Cardano (ADA) Uptrend Faces Hurdles: Will Bulls Break the Barrier? Aayush Jindal | usagoldmines.com
Crypto vs. Banks: Trump’s Plan to Eliminate the FDIC Vijay Gir | usagoldmines.com
XRP Price Prediction For December 13 Anjali Belgaumkar | usagoldmines.com
Nuclear energy is inevitable as AI electricity demand continues to grow, Japan’s top utility advisor...
Don’t Miss the Best Crypto Presale of December 2024—Early Investors Are Already Cashing In Cryptopol...
Memecoin Supercycle Becomes Reality: Why Vantard is Cleaning Up Cryptopolitan Media | usagoldmines.c...
Sell Bitcoin When This Happens, Warns Analyst—Here’s What to Watch For Samuel Edyme | usagoldmines.c...
XRP Price Sets Stage for Bullish Continuation: What’s Next? Aayush Jindal | usagoldmines.com
Ukraine to Legalize Crypto in 2025, but Here’s the Catch Nidhi Kolhapur | usagoldmines.com
President Trump Vows to ‘Do Something Great With Crypto,’ Aims to Position U.S. as Global Head Shaya...
BlackRock Suggests 1-2% Bitcoin Allocation in Portfolios, Comparing Its Risk Profile to Tech Giants ...
Time to Buy LINK? Chainlink Open Interest Soars to All-Time High Chandan Gupta | usagoldmines.com
Nano Labs Boosts Bitcoin Holdings To 360 BTC Worth  $36.22 Million  Nidhi Kolhapur | usagoldmines.co...
Bitcoin’s Potential Price Surge to $108K: Will a Dip to $74K Follow? Anjali Belgaumkar | usagoldmin...
Time to Sell XRP? Crypto Whale Dumps $95.5M on Coinbase Chandan Gupta | usagoldmines.com
Grayscale Launches Investment Products for Lido DAO and Optimism  Nidhi Kolhapur | usagoldmines.com
3.3 Trillion SHIB Leaves Exchanges, Are Whales Buying? Chandan Gupta | usagoldmines.com
Big Breaking: SEC’s Gensler Threatens Elon Musk with Charges Unless He Settles in 48 Hours Anjali B...
Bitcoin May Face ‘Demand Shocks’ In 2025 Due To Growing Institutional Interest: Report Ash Tiwari | ...
Bitcoin Price Struggles at $100K: Is The Rally Losing Steam? Aayush Jindal | usagoldmines.com
Ethereum Price Aims Higher: A Smooth Path To $4,000 and Beyond? Aayush Jindal | usagoldmines.com
BlackRock Suggests 1-2% Bitcoin Allocation in Portfolios, Comparing Its Risk Profile to Tech Giants ...
Shiba Inu Burns 17M Tokens – Could a Parabolic Rally Be Next? Joel Frank | usagoldmines.com
Key Indicators Signal Bitcoin’s Next Move: Should Investors Brace For A Market Shift? Samuel Edyme |...
Google and Harvard debut dataset with 1m public domain books for AI training Enacy Mapakame | usagol...
Travala Token (AVA) surges 300% following CZ’s endorsement and Binance’s early investment Nellius Ir...
MicroStrategy wins Bitcoin miners’ approval for convertible note strategy Jai Hamid | usagoldmines.c...
Chainalysis extends Solana support to cover Pump.fun memecoins Nellius Irene | usagoldmines.com
Japanese Lawmaker Asks Government to Create National Bitcoin Reserve Tim Alper | usagoldmines.com
Shiba Inu Price Rebounds Toward $0.00003, Taking 69% Of All Holders Back Into The Green Scott Mather...
Rep French Hill to lead House Financial Services Committee, promises to look into crypto debanking i...
Hacker Exposes $DOGE Flaw, Puts the Network at Risk Victor | usagoldmines.com

Leave a Reply