Shayne Coplan of TokenUnion Added To Layer Protocol Advisory Board

Layer Protocol is pleased to announce the naming of Shayne Coplan to our advisory board. Shayne has been the primary contributor to Layer’s re-designed token economics as found in version 1.0.1 of our whitepaper.

About Shayne Coplan

Shayne Coplan is the founder and CEO of Blockratize, a multinational blockchain company known for creating TokenUnion. TokenUnion allows crypto holders to earn for holding both ether and ERC-20 tokens, similar to a savings account. Blockratize has also done work designing tokens for many VC-backed startups.

Curtis Silver of Forbes has highly praised Shane and TokenUnion as “the next logical step in the evolution of a decentralized banking system”.

Shane recently spoke at the World Crypto Economic Forum and is the youngest member our advisory board.

Previously, Shane has worked at several early Ethereum-focused startups where he gained a broad perspective of what was being built in the blockchain space, and where the space is headed. An early Litecoin miner, he is also considered to be one of the youngest participants in the Ethereum IPO, which took place in the summer of 2014.

As a Layer Protocol advisor, Shayne will help advise LRX token economics:

“I’m excited to join the Layer Protocol team as an advisor. As the cultural shift from an ownership-based economy to a sharing economy continues, I think the need for a universal, immutable reputation protocol — particularly designed to accommodate asset-sharing marketplaces — is needed. The Layer Protocol not only provides a universal reputation solution, but also incentivizes users’ to take good care of the assets they rent. This is important as it aligns incentives amongst asset-providers and their customers, something the industry has needed for a long time.”

Other Layer Protocol Updates

As of May 22nd, Layer Protocol publicly released version 1.0.1 of the project Whitepaper which is available to view here.

For more about Layer and LRX, join the Layer community on Telegram or visit our updated site here.