LAOS provides a Layer-1 blockchain platform that enables bridgeless minting of dynamic assets across all EVM chains, significantly reducing minting costs by over 90%. This technology allows developers to create and trade NFTs and tokenized real-world assets without incurring gas fees or facing network congestion, enhancing asset interoperability and accessibility.
Funding
Funding not disclosed
Founders
Product
Problem
Minting digital assets, such as NFTs and tokenized real-world assets, on EVM-compatible blockchains can be expensive due to gas fees and network congestion, hindering the creation and trading of dynamic assets, especially for applications requiring high volumes of assets. Current solutions often lack seamless interoperability between different EVM chains.
Solution
LAOS Network is a Layer-1 blockchain platform designed for cost-effective, bridgeless minting of digital assets across all EVM chains. By significantly reducing minting costs, the platform enables developers to create and trade NFTs and tokenized real-world assets without incurring high gas fees or experiencing network congestion. LAOS Network facilitates the creation of dynamic assets that can be seamlessly integrated and traded within the broader EVM ecosystem, enhancing asset interoperability and accessibility. The platform achieves this through its own sharding-based scaling specialized in Digital Ownership.
Target Audience
The primary target audience includes developers of games, NFT projects, and RWA tokenization platforms seeking a cost-effective and scalable solution for minting and managing digital assets across multiple EVM chains.
Features
- Bridgeless minting: Enables minting of assets directly on LAOS and making them available on other EVM chains without bridging.
- Low minting costs: Reduces minting fees by more than ten times compared to other blockchains.
- uERC-721 contract: Allows minting on the EVM chain of choice.
- Seamless EVM integration: Provides out-of-the-box compatibility with all EVM chains.
- Decentralized Asset Metadata Extension: Allows permissionless addition of new functionality to existing assets.
- Native utility token: Decentralizes the Layer 1 blockchain.
- Polkadot parachain: Inherits the security of the Polkadot ecosystem.