Layer3 launched the Launchpad feature, with the first project being the Rollup as a Service platform Caldera.

the identity and incentive infrastructure Layer3 officially launches the Launchpad feature, with the first project being the Rollup-as-a-Service platform Caldera. Users participating in the first Launchpad tasks can earn Caldera airdrop eligibility and an additional incentive of $100,000.

Layer3 states that the Launchpad will redefine the way the crypto ecosystem is built, launched, and scaled, bridging the gap between emerging protocols and users, and creating new standards for token distribution and ecosystem expansion.

It is reported that Caldera completed a $15 million Series A financing round in July this year, led by Peter Thiel's Founders Fund, with participation from Dragonfly, Sequoia Capital, and others, bringing the total funding to $25 million.