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Multichain Journal Multichain Journal @multichain_madness · 3.14K subscribers
Post #5809 365
The risks are very real:

- Only around $195K Base liquidity
- Almost no organic volume
- Very little adoption
- Approximately 10% annual L1 inflation
- An experimental and unaudited Base bridge
- Currently only one bridge validator per direction
- Completely off-meta and on Base

It could remain ignored for years or simply never gain meaningful adoption.

So don’t treat this as something you need to blindly ape.

As I said, this is a journal. Sometimes I share coins I’m actively trading, and sometimes I share projects I simply find interesting.

For me, $wL1 is a high-risk, long-term bet where a small position can be left untouched.

If the market never cares, nothing happens.

But if DeSci, AI-generated molecules and verifiable scientific infrastructure ever become a major narrative, the upside from around a $4M market cap could be substantial.

Base CA:

0xE6522A891702Cd2E8CC2A5182638c9DA1DD44B22

[Official website](https://genesisl1.com/) | [Official swap page](https://genesisl1.com/swap.html)
GenesisL1 GenesisL1 — Verifiable data, models and open applications GenesisL1 is a public DeSci Layer 1 for verifiable data, deterministic AI and machine learning, tokenized digital assets, protected IP and open web3 applications.
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