Layer Protocol

Layer Protocol

TBA
15,773 Views
The decentralized reputation protocol for the global sharing economy, built on the blockchain.

Even the bigger players in the sharing economy today have no way of knowing a new user's value before their first transaction. Bad actors moving from one service to the next one are a huge expense in the industry, and these costs get passed on to other users through increased fees.

There is currently no way of sharing user reputation data between asset sharing companies. Why would Airbnb even give away their user reputation data to competitors or let's say Uber? While more than 72% of the US population has used at least one sharing economy service, the number for Uber or Airbnb is less than 25%, meaning there is a vast amount of reputation data shared on all sides, and it can drive down operation costs significantly.

Layer Protocol aims to resolve the issue, and will first be adopted by Spin, a stationless e-scooter platform. Live in over 50 markets in the US with over 1M rides in less than a year. Layer Protocol will be Spin's base layer for reputation and rewards. Users will be rewarded when their reputation increases.
7.7
TOTAL SCORE
6.5
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Dates: TBA
Whitelist/KYC: Whitelist + KYC
Country: Switzerland
Token info
Ticker: LRX
Platform: Ethereum
Token Type: ERC725
Available for sale: 400,000,000 LRX (40%)
Financial
ICO Price: 1 LRX = 0.0375 USD
Hard cap: 15,000,000 USD
August 15th 2018
Core<br /> <br /> <br /> ERC-725 Compatibility: Finalize requirements and design of the identity protocol to make it compatible with ERC-725;<br /> <br /> Tooling: Test environments, tools, integration, smart contract versioning, and establishment of deployment practices.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> Benchmarks: Performance tests of potential Layer Node architectures to determine the best system design moving forward.
September 1st 2018
Core<br /> <br /> <br /> Asset Provider Identity Interface: Smart contracts and unit tests for an asset providers to push an identity onto the blockchain.<br /> <br /> <br /> Utilities<br /> <br /> <br /> Asset Provider Python SDK: Wrappers around smart contract methods, including package manager support.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> Datastore: Local temporary store when retrieving data from the network.
September 15th 2018
Core<br /> <br /> <br /> User Claim of Identity: Interfaces and unit tests for users claiming an identity. This allows users to link multiple identification properties.<br /> <br /> <br /> Utilities<br /> <br /> <br /> SDK: Interfaces for the identity protocol.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> Containerization: Package Layer Nodes in a Docker container for easy deployment.
October 1st 2018
Core<br /> <br /> <br /> Identity Challenge on Claim: ERC 725 compatibility, and permissioned access to necessary public methods on contracts;<br /> <br /> Reputation Data: Models / interfaces for reputation data by provider category.<br /> <br /> <br /> Utilities<br /> <br /> <br /> SDK: Reputation data model and methods.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> Discovery: Ability for node discovery starting with a seed node, followed by other peer nodes.
October 15th
Core<br /> <br /> <br /> Scoring Interface: Asset provider can score a user based on an identity hash.<br /> <br /> <br /> Utilities<br /> <br /> <br /> Identity Signing: Start backend to hold/serve/publish public keys for signing an identity, including private keys for verification.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> Host Seed Node: Internal seed node to discover other Layer Nodes;<br /> <br /> Peer Connectivity: Identify all Layer Nodes are active on the network at any given time. This will eventually be used for maintaining quality of service.
November 1 2018
Core<br /> <br /> <br /> Provider Reputation Score (PRS): The ability for asset providers to retrieve PRS for users.<br /> <br /> <br /> Utilities<br /> <br /> <br /> Identity Signing: Complete.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> Caching: Layer Nodes cache structure to optimize future computation of scores.
November 15th 2018
Core<br /> <br /> <br /> Provider Reputation Score (PRS): Complete PRS, along with unit tests, and deploy to Testnet.<br /> <br /> <br /> Utilities<br /> <br /> <br /> Identity Signing Tool: To aid development, this tool helps developers sign user identities for use throughout the protocol.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> PRS Computation: Layer Nodes compute PRS from transactions and provider category processing.
December 1 2018
Core<br /> <br /> <br /> Provider Reputation Score (PRS): Optimize PRS read/writes for computation and storage utilization.<br /> <br /> <br /> Utilities<br /> <br /> <br /> SDK: Integrate remaining features to Layer SDK for asset providers and Layer Nodes.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> Layer Reputation Scores (LRS): Begin computation algorithms.
December 15th
Core<br /> <br /> <br /> Scoring Release: Release of scoring to the Testnet.<br /> <br /> <br /> Utilities<br /> <br /> <br /> Layer SDK: Unit tests, documentation and packages for Testnet release.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> Layer Reputation Scores (LRS): Unit tests for LRS algorithms.
January 1st
Core<br /> <br /> <br /> Identity Signer Update: Identity signers can contribute additional identifiers to user identities, and perform an “identity check”.<br /> <br /> <br /> Utilities<br /> <br /> <br /> Publish Second SDK: We will provide a complete SDK in another language.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> Reputation Score Signing: Nodes have to sign computation results for them to be valid.
January 15th
Core<br /> <br /> <br /> Layer Nodes Stake: Smart contracts to manage staking of Layer Nodes.<br /> <br /> <br /> Utilities<br /> <br /> <br /> Sample Application: Start demo application that based on developed SDKs.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> Staking: Running a valid node will require a LRX stake to be put up;<br /> <br /> Testing and Optimization: Continual optimization of Layer Nodes around performance, gas costs, and security.
February 1st 2018
Core<br /> <br /> <br /> Identity Match API: The API matches two identities without user claim by trusted identity signer. This fixes the issue of unclaimed identities lacking data, or users repeatedly signing up to perform bad behavior.<br /> <br /> <br /> Utilities<br /> <br /> <br /> Sample Application: Complete, open source, and deploy a sample application for viewing data on Layer Protocol.<br /> <br /> <br /> Layer Nodes<br /> <br /> <br /> Testing and Optimization: Continual optimization of Layer Nodes around performance, gas costs, and security.
Screenshots taken on 12 Aug 2018
Euwyn Poon
Co-Founder
Participates in a number of projects
Derrick Ko
Co-Founder
Participates in a number of projects
Z Cheng
CTO & Co-founder
Participates in a number of projects
Galen Danziger
External CTO
Participates in a number of projects
Patrick McLain
External DevOps
No participating data

Advisors (8)

Shayne Coplan
Founder & CEO of TokenUnion
Participates in a number of projects
Michael Ma
General Partner at Liquid 2 Ventures
Participates in a number of projects
Dmitry Grishin
Co-founder of Grishin Robotics, Mail.ru (DST), one of Russia's largest internet companies
No participating data
Josh Fraser
Co-founder of Origin Protocol
Participates in a number of projects
Matthew Liu
Co-founder of Origin Protocol
Participates in a number of projects
Gee Chuang
Co-founder of Ink Protocol and Listia
Participates in a number of projects
Kenzi Wang
General Partner at AU21, a blockchain fund
Participates in a number of projects
David Chen
Former Partner at Lightspeed
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Active
LERN360
LERN360 is a blockchain-powered, AI-enhanced decentralized learning platform that offers multilingual, skill-based education and incentivizes learners and educators with tokenized rewards. The platform transforms global education through verifiable and accredited micro-credentials, smart learning, and learn-to-earn models.
Active
tokenforge
Tokenforge is a Germany-based infrastructure provider for the compliant tokenization of Real-World Assets (RWA). Since 2021, it has launched over 30 TokenSuite instances across five EU jurisdictions, fully aligned with MiCAR, eWpG, MiFID II, and national frameworks. The core product, TokenSuite, is API-first and modular, integrating KYC/KYB, e-signatures, custody, payments, and other regulated third-party services. Built under BaFin oversight, tokenforge integrates blockchain technology with traditional financial infrastructure. TokenSuite includes regulated services such as KYC, custody, payments, and registrar functions, ensuring compliance across different jurisdictions. The infrastructure will be expanded with EchoLayer, a decentralized network layer that enables cross-platform asset interaction, affiliate programs, and shared market access. Complementing this, IRIS is an AI-powered insights engine in development, designed to provide advanced analytics and decision support for asset structuring, placement, and lifecycle management within the ecosystem. At the core of tokenforge’s infrastructure is $TKFG, the native utility token. It enables issuers to access a 20% discount on service fees through staking and unlocks further benefits as the ecosystem evolves. tokenforge’s infrastructure is designed for institutional-grade scalability and positions itself as a foundational layer for the regulated digital asset industry in Europe.
Active
Rivalz
Rivalz is redefining AI infrastructure by creating an AI Intel Layer to unlock new agentic economies. Built on a dual-chain DePIN architecture using Dymension and Arbitrum, Rivalz addresses one of the biggest bottlenecks in AI today: access to AI-ready, verifiable, and secure data. As we envision the web3 space to become agentic and overtake humans in the amount of transactions over time, what Rivalz is building is key for enabling this future. The core challenge that Rivalz is addressing is the need for AI-ready, verifiable and accessible data and later on intelligence. Rivalz offers a hybrid solution combining decentralized storage and high-speed agent-centric connectivity networks that cater specifically to AI's demands, ushering in the era of the agentic economy.
Active
World Mobile Token
World Mobile is going the extra mile to open a new world. With nearly 4 billion people left offline, digital exclusion is a significant problem. Unlike traditional mobile networks, World Mobile is based on the sharing economy, selling affordable network nodes to local business owners, and so they have the power to connect themselves and others while sharing the rewards. The World Mobile Token (WMT) is a digital token that is issued with the purpose of allowing the participants to provide a service on the network and be rewarded accordingly for it. The primary role of WMT is to incentivise both token holders that want to support the operation of the network by way of delegating their WMT stake to a node operator (stakers) as well as node operators that operate their own node. WMT is the utility token at the heart of World Mobile Chain, a solution developed in partnership between Input Output Global and World Mobile to democratize access to digital, financial and social services in Africa, the first of its kind to go the extra mile and connect the unconnected. The sharing economy enabled by WMT provides the foundation for affordable network nodes, based on the Cardano blockchain infrastructure. These network nodes act as local relays for internet connectivity. Subscribers to these networks will be able to access Input Output’s digital identity solution, Atala PRISM, which will allow them to use services such as digital banking, healthcare and education.
Upcoming
Emrify Health Passport
Emrify is launching a decentralized Personal Health Record platform on top of the Ethereum public blockchain to deliver trusted health information to the right hands at the right time anywhere in the world. With years of building consumer engagement mobile apps, Emrify is laser focused on collecting and locking up data for each person for complete ownership and control to freely share their data. Our top priority is to create attractive cryptoeconomics models to incentivize health data sharing for all parties. With strategic US partnerships with hospitals and doctors, Emrify is building on top of established prototypes to accelerate the launch of production interfaces to firmly establish the Utility Token in healthcare.
Upcoming
RAVELOUS
Ravelous is the crypto ecommerce marketplace that lets users sell their stuff online for crypto. Sellers can accept many types of payments from buyers, and withdraw your balance in the token of their choosing. Buyers who do not have the currency the sellers prefer can exchange their coins for RAVE tokens which used for payment. The RAVE tokens can also be traded for other coins, and will have a value backed by the crypto-marketplace and the RAVE treasury that will increase over time as the treasury grows in value.