Smart Layer: A New Paradigm for Redefining Token Economics

The Web3 community's understanding of tokens is shifting from a purely "asset attribute" perspective to a "functional service" perspective. Smart Layer elevates the concept of "programmable assets" by endowing tokens with more functionalities, bringing broader application prospects for tokens.

The core concept of Smart Layer is to transform tokens from simple assets into intelligent tokens with diverse functionalities. In this ecosystem, users have complete usage rights to intelligent tokens, allowing them to access various third-party services through these tokens. This transformation not only enhances the scalability of assets but also opens up new development directions in areas such as Web3 gaming and loyalty programs.

Currently, Smart Layer is conducting a points airdrop event, where participants have the opportunity to receive airdrop rewards of its native Token SLN. As of now, more than 1 million unique wallet addresses have participated, with on-chain transaction volume exceeding 16.4 million. Users can earn points by completing various tasks, such as joining social media communities, referring new users, and so on.

It is worth mentioning that Smart Layer has launched an NFT series called "Smart Cats", which is not just a collectible, but a concrete practice of the smart Token concept. Holders can interact with these NFTs directly in their wallets, such as feeding, cleaning, and socializing, and earn points rewards with each interaction. This innovative design showcases the potential of smart Tokens as in-game items to connect users and project parties.

The technical foundation of Smart Layer is the combination of TokenScript and the ERC-5169 standard. TokenScript is a programming interface designed for tokenization, allowing token issuers to embed complex functions and information into tokens. ERC-5169 further standardized this concept, enabling tokens to carry their own logic and behavior.

This technological integration makes Smart Layer a bridge connecting the blockchain world and traditional network services. It not only provides Token issuers with tools to create and manage programmable smart Tokens but also simplifies the tokenization process of traditional services. This approach redefines the Token economy, making Tokens not just a circulating asset, but a multifunctional tool that can facilitate the development of the entire ecosystem.

Smart Layer has attracted the cooperation interest of multiple Web2 companies. Through TokenScript, digital assets can have their own front-end interface, greatly enhancing user experience and interactivity.

Since its launch, Smart Layer has demonstrated strong development momentum. Its NFT project Smart Cats attracted over 300,000 active wallets to participate in just 60 days, making it one of the popular games in a certain blockchain ecosystem. The recently launched beta version of the Smart Layer Launchpad received over 1,000 developer applications in 10 days, indicating the community's strong interest in this technology.

As the market's acceptance of the concept of "programmable assets" continues to grow, Smart Layer is bringing new narratives and development opportunities to Web3. This new type of asset paradigm is expected to play a significant role in the next market cycle, opening up broader space for the application of blockchain technology.