The recent Layer One X Webinar, hosted by the L1X team, Kevin, Mike, and Lionel, and featuring Mark (Crypto Psycho), covered exciting updates on the project's growth, community strength, and future plans.
Biscuit Token's Remarkable Success
- Community Power: Biscuit THECAT token, a meme coin launched on Quantum DeX, reached a $1 million market cap from $5,000 in just two weeks, driven by strong community support with no sales for 14 consecutive days.
- Community Growth: With 140 Telegram members, Mark emphasized scaling to 1,000 members in 2-4 months, fostering organic growth without speculative market cap predictions.
Infrastructure Partnership with MohSoft
- Private-Public Chain Bridge: Layer One X partnered with MohSoft, an enterprise-grade private blockchain platform, to connect private and public chains via the XTalk connector. This enables secure data handling for businesses tokenizing assets like real estate or securities.
- MohSoft Token Launch: Originally set for July 20, MohSoft’s token will now launch on Quantum DeX on July 18 at 1 cent with $1 million in liquidity, highlighting utility and institutional adoption.
Release Pool Strategy
- Sustainable Model: The release pool ensures long-term stability, avoiding the pitfalls of projects that frontload rewards and collapse. It’s performance-aligned, paying out based on volume and integrations, not hype.
- Impressive ROI Potential: Investments from 2023 could yield 900% ROI over 5 years (46.8% annually), while 2025 investments at 1 cent could see up to 200,000% ROI if the coin hits $20 in 5-6 years.
Quantum DeX Token Strategy
- Three-Token System: QET (reward token), QST (trading/value token), and gQST (governance/revenue token) work together to drive DEX efficiency. gQST holders earn interface fees and vote on pool incentives.
- QST Raise: A $2 million cap raise for QST starts at 25 cents, listing at $1 on September 1. L1X holders from September 1 get a 5% airdrop after a 9-month cliff, with daily snapshots rewarding loyalty.
Scalability and Self-Service Loan Model
- Innovative Loan Automation System: Quantum DeX’s self-service loan model allows projects to apply for up to $2 million in liquidity, mint tokens, and deposit collateral via smart contracts, preventing rug pulls.
- Decentralized Features: XTalk Version 1.2 offers transaction transparency, EVM compatibility for prediction markets, and boilerplate code for developers, with a self-service checkout launching July 25.
Roadmap Highlights
- July 18: MohSoft token listing and tech summarizer/DNews token launches.
- July 24: Updated Node Rewards distribution.
- July 25: AI Loan Automation Model goes live.
- August 30: Community Voting for pool launches.
- September 1: QST listing on Quantum DeX.
- September 3: MohSoft-L1X integration demo.
- Integrations: CoinGecko, CoinMarketCap, Dex Screener, and an upgraded L1X scan by late August.
Tech and Community Updates
- Resolved Issues: Unstaking glitches and QEX UI fee visibility fixed, with batch transfers for release pool claims to reduce gas fees.
- Community Engagement: The team encouraged sharing positive feedback on platforms like X to attract new users and projects, reinforcing the strong, resilient L1X community.
Market Insights
- Bitcoin Trends: Bitcoin crossed $120,000, showing organic growth with institutional buying, and in Mike's opinion could potentially reach $135,000 in the near future.
- L1X Stability: Trading at $21, L1X shows neutral trends with increased volume from new projects, focusing on utility over price speculation.
The webinar underscored Layer One X’s commitment to building a robust, community-driven ecosystem with innovative features and sustainable tokenomics, positioning it as a leader in decentralized infrastructure.
Please note that this is not financial advice.
