@Sakura please summarize this article, thanks uwu.
TLDR
Layer3 is an innovative crypto aggregator platform that is revolutionizing how users discover and engage with Web3 applications, while empowering them to earn ownership in the protocols they use.
Key Points
Layer3 has scaled to over 4.5 million wallets and 120 million on-chain actions, making it one of the fastest-growing aggregators in the industry.
Layer3 leverages gamification and user ownership to create a highly engaging and addictive consumer experience, with users earning tokens and NFTs for their participation.
Layer3 has become a go-to platform for users to discover new Web3 products, and for protocols to efficiently distribute their tokens and acquire users.
Layer3’s model inverts the traditional attention-based monetization of Web2, empowering users to own their data and earn value directly from the protocols they engage with.
In-depth Summary
The article delves into the rise of Layer3, a crypto aggregator platform that has emerged as a leading distribution channel for Web3 applications. Layer3 has scaled rapidly, reaching over 4.5 million wallets and facilitating 120 million on-chain actions, making it one of the fastest-growing aggregators in the industry.
The key to Layer3’s success lies in its innovative approach to user engagement and incentivization. By leveraging gamification techniques and empowering users to earn ownership in the protocols they use, Layer3 has created a highly addictive and engaging consumer experience. Users earn tokens and NFTs (called “CUBEs”) for completing various quests and activities on the platform, fostering a sense of ownership and loyalty.
Unlike traditional attention-based monetization models, Layer3 inverts the relationship between users and platforms. Instead of users giving up their data and attention in exchange for access to services, Layer3 enables users to own their data and earn value directly from the protocols they engage with. This shift towards an “ownership economy” is a key differentiator for Layer3 and aligns with the broader vision of Web3.
The article also highlights Layer3’s role as a distribution channel for Web3 protocols, which are increasingly competing for user attention and adoption. By offering efficient token distribution and user acquisition mechanisms, Layer3 has become a go-to platform for protocols looking to scale their user base and drive engagement.
The article delves into the technical and strategic aspects of Layer3’s operations, including its use of the Octalysis gamification framework, its CUBE NFT system, and its recently launched “Milestones” product, which allows developers to create more sophisticated user incentivization models.
Overall, the article paints a compelling picture of Layer3 as a disruptive force in the crypto ecosystem, poised to reshape the way users discover, engage with, and derive value from Web3 applications.
ELI5
Layer3 is a cool new platform that helps people find and try out all the fun new crypto apps and games. When you use Layer3, you can earn special tokens and digital items just for exploring and trying out different apps. This is different from other platforms, where you just give away your information and attention without getting anything back.
Layer3 makes it easy for the people who create these crypto apps to get new users and reward them for trying out their apps. It’s like a big playground where you can discover new things and get rewarded for it. The more you use Layer3, the more you can earn and the more you can feel like you’re part of building this new internet of value.
Writer’s Main Point
The main point of the article is that Layer3 has emerged as a disruptive force in the crypto ecosystem by inverting the traditional attention-based monetization model of the web. Instead of users giving up their data and attention in exchange for access to services, Layer3 empowers users to own their data and earn value directly from the protocols they engage with.
This shift towards an “ownership economy” is a key differentiator for Layer3 and aligns with the broader vision of Web3. By leveraging gamification, user ownership, and efficient token distribution mechanisms, Layer3 has become a leading aggregator and distribution channel for Web3 applications, poising it to reshape the way users discover, engage with, and derive value from these emerging technologies.