Is LayerK A Jack Of All Trades, A Bragger Or Just A Looney?

In blockchain, there is something Layer 0, 1, 2, 3. But now, LayerK has introduced a new layer called LayerK. You can essentially think of LayerK as a subsidiary of the Layer 2 blockchain, only that LayerK's mission is to simplify the entire blockchain system to make it accessible for anyone and everyone regardless of their technological knowledge of the blockchain system.

But beyond its blockchain platform, the LayerK project also launched many other interesting products, such as its proprietary Minting Machine and its LK One phone, while promising to spearhead sustainability at the same time. So, we are going to examine if this project really has the ability to deliver everything that it has promised, or are they just tooting their own horn?

LayerK Blockchain system

Launched in mid 2024, LayerK chain is a Layer 2 solution built on Ethereum, promising fast, cost-effective transactions governed by a Decentralized Autonomous Organisation. The company has also promised that through their platform, they would promise greater transparency and community participation, fostering a truly inclusive ecosystem. On top of its speed and efficiency, LayerK priorities the user-centric functionalities of the platform form to make sure that the platform is usable for anyone with any technical capabilities.

LayerK is selling Mac Studio now?

Apart from its decentralised platform, the LayerK project is also a strong advocate of sustainability. So you would ask, what does this has to do with this Mac Studio lookalike machine. That is a very good question! This my friend is a minting machine. Just like how the Mac Studio was designed for one thing - give creative professional and prosumers enough power to complete their task - Minting machines are the “Power Computers” that allow you to create your own digital assets from the comfort of your own home.



These “Power Computers” brings about some sustainability through:

Reduce energy consumption: Minting machines are designed to be energy efficient, thus reducing the energy consumption and wastage that comes with traditional cryptocurrency mining.

Reduce E-waste: Minting machines are built with durability in mind, thus minimising the need for frequent hardware upgrades. This thus reduces electronic waste, as user don’t have to replace their equipments often.

Decentralised Network: The innovation promotes greater participation in token minting, leading to the decentralisation of blockchain networks and elimination of centralised data centres, which can be significant energy consumers.

They are selling what now?

If you are someone who is always on the go, but you would like a Minting machine in the palm of your hand, then don’t worry, LayerK is ahead of you on that one. Presenting to you the LK One phone, the revolutionary smartphone that allows you to mint tokens on the go with powerful machine no bigger than the size of your palm. Do not think for a second that just because they focused on the minting features that they would do slip-shot work when it comes to the other smartphone features that they provide. Not at all. In fact, this phone provides all the same nifty features of a flagship Samsung or Google phone, from the 120 Hz display, 5G network, to its triple camera setup



The Tri-Tokenism system

LayerK provides three systems of tokenisation, each with their own unique features.

LayerK Token: The native token of the LayerK ecosystem that provides users with access to the network’s services.

cLFi: The minting Token of LayerK Ecosystem that allows users to participate in the mining activity

VLayerK: A VIP token that would grant you access to rewards, obtain discounts, and get wider allocation in launchpad.

What is interesting is that the LayerK tokens will now be available in multiple exchanges, as a way to increase the exposure and user base of this platform. So this is something we can keep a lookout for.

Founders and teams are nowhere to be found

Given the wonderful innovation that this company is doing, the company does raise some red flags when you try to dig a little deeper. One of the biggest problem is that this project is strangely mysterious about their founders or team. There is no information whatsoever on their website or social media page about the founder, CEO or team behind the project. All that is revealed from their LinkedIn page is that they have a streamlined team of 11-50 employees working on this project.

But their twitter account has a follower of close to 1300 people, which is a reasonable amount given that they started their account in January this year.

Creating fake hype behind their products

When I first saw this post, I thought that this could be evidence that this company might be legit after all. If they managed to sell all of their phones, then isn’t that concrete proof that their products are good and the company is reliable?

There are even a long list of people commenting on the product, saying things like “I can’t wait to get mine”, or “ Excited for the Future.” But if you check out the details of these commenters, most of these accounts have a measly followers of 50+ people, making me doubt the legitimacy of these testimonies.

Just Hot Air and nothing else

I personally that this project is just hot air and nothing else. The company can brag all they want about their vision and how good their products are, but without viable results, it is very hard to convince your buyers that you are the real deal. Thus, I would recommend you guys to hold on no matter how tempting it is to jump in.