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Smart Layer introduces Programmability assets, creating new opportunities for Web3.
Smart Layer introduces the concept of Programmability for Web3, bringing new opportunities.
The Web3 community's understanding of tokens is shifting from a purely "asset attribute" perspective to a "functional service" perspective. Smart Layer is transforming tokens into "Programmable assets" by endowing them with more functionalities, opening up new imaginative spaces for the application scenarios of tokens.
In the Smart Layer ecosystem, users can access various third-party services through "smart tokens." This functional token not only enhances the programmability of assets but also brings innovative opportunities to areas such as Web3 gaming and loyalty programs.
Currently, Smart Layer is conducting a points airdrop activity, where completing specified tasks can earn opportunities for the airdrop of SLN tokens. According to statistics, more than 1 million unique wallet addresses have participated, with on-chain transaction volume exceeding 16.4 million.
Participants can earn points in various ways, including joining official social media and referring new users. Among them, a notable task is related to the NFT series "Smart Cats" and "SmartCat Loot". These NFTs can earn points not only through holding but also by interacting with them to earn extra points.
"Smart Cats" as a representative of smart tokens showcases the potential of Programmability in assets. Users can interact directly with these digital cats in their wallets, such as feeding, cleaning, and socializing. This interaction not only increases user engagement but also provides new ideas for future blockchain games and digital asset management.
The core technology of Smart Layer is based on TokenScript and the ERC-5169 standard. TokenScript is a programming interface specifically designed for tokens, allowing token issuers to add various functions and rules to the tokens without the limitations of smart contracts. The ERC-5169 standard further enhances the token's Programmability, enabling it to carry its own logic and behavior.
This combination of technologies makes Smart Layer a bridge connecting the blockchain world and traditional network services. It not only provides token issuers with the tools to create and manage smart tokens, but also simplifies the tokenization process for traditional network services. This innovation is expected to reshape the token economy, making tokens not just a circulating asset, but a functional tool capable of driving the development of the entire ecosystem.
Several well-known investment institutions have expressed interest in Smart Layer, investing a total of 12 million dollars over the past two years. The testnet for Smart Layer went live in January this year, with the mainnet expected to launch in 2025. Although the launch time has not been long, Smart Layer has already demonstrated great development potential. For example, Smart Cats attracted over 300,000 active wallets in just 60 days, becoming one of the popular projects in the Polygon ecosystem.
With the in-depth development of the concept of "Programmability assets", we can expect that in the next bull market, this new asset model will bring more diverse application scenarios and development opportunities to Web3.