In this article, we will dissect one of the most controversial projects of the last 2–3 months – TON.

Lamina1, the Layer 1 blockchain optimized for the Open Metaverse and its projected multi-trillion dollar economy, is launching the Lamina1 Ecosystem Fund (L1EF) on venture platform AngelList. The first-of-its-kind fund serves two goals: to offer global accredited investors a way to gain direct investment access to early-stage Layer 1 projects not previously accessible to the general public and to provide Web3 builders with a vehicle for raising capital for their Open Metaverse ventures prior to mainnet. Investors and builders can both apply to participate immediately. The fund launch will be closely followed by the much-anticipated launch of Lamina1’s testnet. (businesswire)

This article has two purposes. First, it will break down in simple terms the core functions of a blockchain. Second, it will expand upon the concept of modular blockchains, which are rapidly gaining in popularity and application.

Aptos, a new Layer 1 blockchain originating from the Facebook blockchain initiative Libra (later renamed 'Diem'), recently launched its mainnet.