The idea to solve cross chain connections and get rid of complicated, not newb friendly bridges seems like a fantastic idea to have. Well this is what Layer One X are claiming to have solved by becoming the first layer 1 blockchain to transfer assets between an EVM chain and none EVM chain in a decentralised way.
I was on my way to dive into checking the whitepaper but before that I thought lets go straight to the tokenomics first…
A massive total of 40% of the overall tokens are going to investors, advisors, early investors and team with just a one month lock up period...ok...
Then a quick search on google of the project provides me with a big list of articles being written about the project to hype it up from not so credible crypto media outlets.
Smells like they are trying to manufacture a big amount of hype before its token launch for the team to then dump their bags all onto retail to me. I wont waste my time to read the rest of the whitepaper now, not for me. Show Less