# $ALT Tokenomics (Enhanced) With our upgrading, our token name will change from **“AptosLaunch Token” to “AptosLayer2 Token” with the same ticker as “$ALT”.** This resonates well with our current vast community while embracing a broader vision to support a diverse range of decentralized applications and smart contracts - putting you at the forefront of a growing Layer 2 blockchain community. To streamline this transition, we are initiating a upgrading proposal - from “AptosLaunch Token” to “AptosLayer2 Token” - **becoming the official Layer2 Chain on Aptos with EVM compatibility.** Our brand partners are fully behind this move, with the goal of vastly enhancing our control and multichain ecosystem integration. If you would like to be the first to join the official Layer2 Chain on Aptos with EVM compatibility and is keen to support as a Validator, Node, KOL, Marketer or Investor, please fill the form at More Tokenomics details to follow.
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