Smart Layer: A New Paradigm for Redefining Token Economics

The Web3 community's understanding of tokens is undergoing a transformation. Traditionally, tokens have primarily been viewed as an asset, but with the emergence of Smart Layer, tokens have been endowed with new attributes of "functional services," enabling the realization of the concept of "programmable assets" and creating more possibilities for tokens.

Smart Layer provides users with comprehensive access to "smart tokens," enabling them to access various third-party services through these tokens. This transformation not only enhances the scalability of assets but also opens up new avenues for development in areas such as Web3 gaming and loyalty programs.

Currently, Smart Layer is conducting a points airdrop activity, where completing specific tasks can earn points, with a chance to win airdrop rewards of its Token SLN. So far, over 1 million unique wallet addresses have participated, and the on-chain transaction volume has reached over 16.4 million.

Participants can earn points through various means, including joining official social media, referring new users, and more. One of the standout tasks is to hold the NFT series "Smart Cats" and "SmartCat Loot". These NFTs can not only be purchased on a well-known NFT trading platform but also earn additional points through interaction with them.

"Smart Cats" represents the innovative application of this technology as a smart Token. Users can interact with these digital cats directly in their wallets, such as feeding, cleaning, and playing, without having to jump to third-party websites. This direct interaction not only increases user engagement but also provides new ways to earn points.

The core of Smart Layer lies in the integration of the TokenScript concept and the ERC-5169 standard. TokenScript is a programming interface designed for tokenization, allowing token issuers to embed various information and rules into the token, breaking through the limitations of smart contracts. The ERC-5169 standard further enhances the functionality of the token, enabling it to carry its own logic and behavior.

This technological integration makes Smart Layer an important bridge connecting the blockchain world and traditional network services. It not only provides Token issuers with the tools to create and manage programmable smart Tokens but also simplifies the tokenization process of traditional network services. This innovation redefines the Token economy, transforming Tokens from mere circulating assets into comprehensive tools that can integrate rights, functionalities, and systems to promote ecosystem development.

The development prospects of Smart Layer are remarkable. Since its launch, it has attracted a large number of users and developers' attention. "Smart Cats" has attracted over 300,000 active wallets participating in just two months, becoming one of the popular games in a well-known public blockchain ecosystem. In addition, the public beta version of Smart Layer Launchpad has received over 1,000 developer applications in a short period, demonstrating the community's immense interest in this technology.

With the continuous advancement of blockchain technology, the new asset paradigm of "programmable assets" is expected to play an important role in future markets, bringing richer application scenarios and development opportunities to the Web3 ecosystem.