Funding progress
Let me take you back to the year 2021, where a group of visionaries, Bryan Pellegrino, Ryan Zarick, and Caleb Banister, founded Layer Zero. Now, fast forward to today, and this company has soared to new heights, securing a staggering $120 million in Series B financing. With such a significant investment, Layer Zero carries a valuation of an astonishing $3 billion. It's clear that their innovative ideas and strategic approach have caught the attention of investors, propelling them towards success.
But that's not all. In March 2022, LayerZero Labs continued to captivate the investment world, raising an additional $135 million in a Series B funding round. Renowned investors, including FTX Ventures, Coinbase Ventures, Uniswap Labs, Sequoia Capital, a16z, and even PayPal Ventures, eagerly joined in to support this groundbreaking venture. Yes, you heard it right—PayPal, the fintech giant, has shown its trust and faith in Layer Zero, making a bold move into the web3 space through this investment. It's a testament to the potential they see in this promising project.
Possible airdrop
Since the ARB airdrop, there's a gold fever going around. During my research I stumbled on some signs that there might be a airdrop for ZRO. As always, DYOR.
Here are some steps to consider:
- Stake and vote for $STG on Stargate Finance.
- Interact with the Stargate Bridge on LayerZero.
- Use the USDC LayerZero Bridge.
- Use the Aptos Bridge.
- Use the LiquidSwap Bridge.
- Use the SushiSwap Cross-Chain Swap.
- Use the BitcoinBridge.
- Engage with other dApps on LayerZero.
- Get roles within the Stargate Guild.
For a detailed explanation, go to the full article here Show Less