On 10 April 2025, Kody (Chief Experience Officer) and the Layer One X team hosted a vibrant community AMA, uniting members from across the globe.
Led by the Founder, Kevin Coutinho, the session unpacked a flurry of updates, alphas, and a bold Q2 roadmap. Here are the highlights.
Direct Swap and Zero Fee Tools
Lionel kicked off with tech upgrades: a direct swap enhancement drops Monday April 14, supporting 35+ networks with boosted liquidity and mobile access—security glitches fixed. By April 17, a zero fee calculator arrives, showing NFT (NFD) holders savings (e.g., Pawn NFD saves $10 on $50 swaps; King NFD earns more via points). These tools aim to onboard users seamlessly while rewarding loyalty.
UWA Partnership and Quantum Focus
Kevin unveiled a major win: a partnership with the University of Western Australia (UWA) for quantum-resistant crosschain messaging. Teaming with cryptography and Web3 researchers, Layer One X aims to set industry standards and pilot quantum-secure tech with mining giants in Western Australia.
A whitepaper with UWA’s stamp adds credibility, positioning them as pioneers in a space where rivals falter.
Website Revamp and NFD Staking
The L1X Foundation website (l1x.foundation) got a facelift, spotlighting quantum resistancy in a digestible, layered format—check it out! Meanwhile, NFD staking on Uniswap V3+ lets users deposit into the L1X-ETH pool, stake their ERC-721 receipt tokens, and earn USDT rewards—a rare perk among projects.
TaskON Integration and Ecosystem Push
Layer One X is integrating with TaskON for a hackathon proposal, boosting onchain engagement. Users can simply stake in L1X Core, transact natively, and swap via TaskON, driving fees and liquidity into the release pool. Projects building on L1X can reward users with tokens, tapping TaskON’s millions-strong audience and campaigns like Odyssey to amplify growth.
CEX/DEX Listings and Quantum DEX Alpha
Q2 brings listings: CoinDCX (India’s top exchange, 16M+ users) greenlit L1X, with marketing plans brewing. A Tier 1 Indonesian CEX is whitelisting L1X with government backing. L1X will mint on Base and list on Aerodrome, plus debut on their own Quantum DEX. This bridgeless, quantum-secure DEX unifies liquidity across chains via abstraction, offers multi-network token issuance, and integrates L1X Swap for seamless trading.
It’s a game-changer, leveraging existing app users and solving DeFi’s liquidity woes.
Roadmap Milestones
- April 14: Direct swap upgrade.
- April 17: Zero fee calculator and app design overhaul (9/10 accessibility goal).
- April 21: XTO upgrade and open-sourcing, with multi-network asset issuance.
- May 8: L1X App Store launch, compartmentalizing features for focus and cross-project pollination.
Strategic $25M Raise
Kevin announced a $25M raise (VCs and retail) to fuel liquidity and growth. Details are below:
- Tranche 1: $5M at $1 (90% discount from $10 market price), 12-month cliff, 18-month vesting.
- Tranches 2-5: $5M each, discounts from 65% to 20%.
- 10% ($2.5M) goes to the Release Pool, rewarding stakers. Funds split: 40% core dev (quantum, app), 20% marketing, 15% reserves, 10% listings, etc. Compared to Hedera ($286M) or Aptos ($350M), L1X’s $12M efficiency shines—listing at $0.15, now $11+.
Hackathon and Coin Performance
Ronnie updated on the Hackathon: 45 of 56 shortlisted teams are engaged, with 21 poised to launch in 60 days—mostly DeFi, gaming, and XTO-leveraging MVPs. Kevin’s doubling down on tooling projects (e.g., tokenization, data monetization) to sync with L1X App.
Mike analyzed the L1X coin: Down 12% to $11.86 amid a crypto dip, but up 3.6% overall, outperforming the market’s -1.7%. Bitcoin’s double bottom hints at a rebound, though $65K looms—L1X remains in a solid $10.28-$12.23 consolidation.
Kody urged organic engagement—reply to L1X posts with substance (not just “great project”) to dodge shadowbans and boost reach (540+ live AMA listeners vs. competitors’ 75-150). New shows like the 10-Minute Pitch (Wednesdays, 8AM EST) spotlight projects like gStarter—tune in!
Layer One X is charging into Q2 with quantum innovation, strategic partnerships, and a lean, mean $25M plan. From Quantum DEX to UWA-backed research, they’re not just building—they’re redefining Web3’s future. Catch the vibe on L1X!
