Layer 1 Foundation

About Layer 1 Foundation token

Layer 1 Foundation (L1F) is a non-profit organization whose main goal is to develop metaprotocols such as BRC20 token standard and Ordinals that shall help in improving Bitcoin’s capabilities. These efforts are based on the improvements brought about by the taproot upgrade, which has now moved beyond being just a digital currency. L1F focuses on decentralized open source solutions aimed at improving economic utility of Bitcoin network. The foundation emphasizes on governance standards that ensure transparent consensus in protocol development. It provides tools for this vision such as public tooling, educational endeavors as well as community discourse fostering a cooperative ecosystem. There are forums, GIT book repositories and GitHub resources provided for protocol documentation and collaborative development among others. L1F aims to build a decentralized Bitcoin economy by encouraging developers through providing them with infrastructure and support while promoting industry-wide collaborations. Such an approach not only enhances Bitcoin’s usefulness but also fosters vigorous community-driven development environment.YEAR

Layer 1 Foundation token key metrics & performance data

Layer 1 Foundation ($L1F) is a Binance Smart Chain-based cryptocurrency token with this contract address 0xDFb6f170F2C7a73BBd048C15E1554df58dB5514A. The official launch date of the token was November 20, 2024.

Currently, the Layer 1 Foundation price is $6.9959890717799e-05 with a 0.00% increase in the last 24 hours. $L1F is held by 20 unique holders, with the top 10 collectively owning only 1.00% of the total supply.

Current site metrics show that Layer 1 Foundation has a security rating of 44, is ranked 3640th in popularity, and 1359th in GuGu Rank.