Details about Layer2DAO cryptocurrency
€254
1,000,000,000
1
Unknown
https://www.layer2dao.org/#/
@TheLayer2DAO
640816x
€1179.41
Layer2DAO price charts
L2DAO exchanges
Layer2DAO, the crypto
Layer2DAO (L2DAO) is a decentralized autonomous organization built on the Ethereum blockchain that aims to improve the scalability and efficiency of decentralized applications (dApps) and bring more users to the Ethereum ecosystem.
The point
The main point of Layer2DAO (L2DAO) is to provide a decentralized governance layer for Layer 2 scaling solutions on Ethereum, fostering collaboration between different projects and making it easier for developers to integrate scaling solutions into their dApps. Additionally, L2DAO aims to promote the use of Layer 2 solutions by providing funding, incentivizing early adopters, and educating the community.
The problem
Layer2DAO (L2DAO) tries to solve the problem of scalability in the Ethereum ecosystem, which has become a bottleneck for the adoption of decentralized applications. By facilitating collaboration between different Layer 2 scaling solutions, L2DAO aims to provide a more efficient and cost-effective infrastructure for dApps, making them accessible to a wider audience and enhancing the user experience.
Compare L2DAO and BTC performance
| Timeframe | L2DAO | BTC |
|---|---|---|
| 1h change | -0.204049 % | -0.113414 % |
| 24h change | -0 % | 0.280879 % |
| 7 day change | 2.13 % | -1.26201 % |
| 14 day change | -10.76 % | -9.72239 % |
| 30 day change | -10.67 % | -7.76318 % |
| 200 day change | 82.2 % | 126.331 % |
| Year change | 68.59 % | 132.257 % |