Key Things You Should Know About LayerEdge and the Launch of Their $EDGEN Token 1. Background of the Team LayerEdge was founded by a team of Indian developers. While it's important to recognize talent globally, it's worth noting that India has also been linked to several high-profile scams in the Web3 space — a fact that has raised concerns within the community. 2. Track Record in Indian Web3 Projects To date, no Indian-led Web3 project has seen significant or lasting success. This puts extra pressure on LayerEdge to break the mold. 3. Fundraising and Network Mismatch Earlier in March, LayerEdge sold over 315,000 NFTs on the Base Network, raising around $1 million. However, their $EDGEN token is now being launched on the Ethereum network, raising questions about strategic consistency. 4. A Defining Moment LayerEdge could be a turning point — possibly the last chance for Indian Web3 creators to rebuild trust and prove they can deliver a solid, legitimate project on the global stage. Fingers crossed — let’s hope for the best.