Layer3, a crypto company focused on decentralizing the attention economy, has successfully raised $15 million in a Series A funding round. The round was co-led by ParaFi and Greenfield One, with legal representation provided by Orrick. This follows previous rounds where Layer3 raised $3.7 million in 2022 and $2.5 million in 2021, bringing the total funds raised to $21.2 million. Layer3 aims to refashion the on-chain economy by ensuring that value generated from attention and engagement directly benefits the users. Orrickā€™s team, led by Joseph Perkins, advised on the transaction.

Cryptocurrency, Venture Capital, Legal Services,Global, USA

https://www.orrick.com/en/News/2024/06/Attention-and-Distribution-in-Crypto-Layer3-Raises-15-Million