Smart Layer: Redefining Token Economy

The Web3 community's understanding of tokens is undergoing a transformation. Smart Layer upgrades tokens from mere asset properties to "programmable assets" by providing them with "functional services," opening up broader application prospects for tokens.

Smart Layer is currently conducting a points airdrop event, where completing specific tasks qualifies users for airdrops of SLN Tokens. So far, over 1 million unique wallet addresses have participated, with more than 16.4 million on-chain transactions. Users can earn points by registering, participating in social media interactions, and other methods.

It is worth mentioning that holding or interacting with the NFT series "Smart Cats" and "SmartCat Loot" can also earn points. These NFTs embody the innovative application of "smart tokens". Users can interact with Smart Cats directly in their wallets, such as feeding and cleaning, without the need to navigate to third-party websites. This design not only showcases the potential of smart tokens but also provides users with a more convenient experience.

Smart Layer integrates the concept of TokenScript and the ERC-5169 standard. TokenScript is a programming interface designed for tokenization that allows token issuers to add various information and rules to tokens, breaking through the limitations of smart contracts. The ERC-5169 standard adds the scriptURI function to token contracts, enabling tokens to carry their own logic and behavior, significantly enhancing interactivity.

This combination of technologies makes Smart Layer a bridge connecting the blockchain world and traditional network services. It provides Token issuers with the support to create and manage programmable smart Tokens, while simplifying the tokenization process of traditional network services. This innovation redefines the Token economy, making Tokens not just circulating assets, but important tools that can drive ecosystem development through the integration of rights, functions, and systems.

Smart Layer has gained the favor of numerous investment institutions, raising $12 million in funding over the past two years. Its testnet was launched on January 15, and the mainnet is expected to be released in 2025. Despite its short launch time, Smart Layer has shown immense development potential. Smart Cats has attracted a large number of users in a short period, becoming one of the popular games in the Polygon ecosystem. The recently launched public beta version of Smart Layer Launchpad has also received a large number of applications from developers in a short time.

With the emergence of the new asset paradigm of "programmable assets", we can expect it to bring more diverse application scenarios and development opportunities for Web3 in the upcoming bull market. This innovation not only expands the functional boundaries of Tokens but also injects new vitality into the entire blockchain ecosystem.