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Ethernity Transitions to an AI Enhanced Ethereum Layer 2
By James — May 07, 2024
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We are excited to announce that Ethernity is undergoing a groundbreaking evolution. Ethernity is transitioning into a pioneering Layer 2 solution on the Ethereum blockchain, poised to transform the web3 entertainment landscape. This transition directly addresses the challenges faced by major brands like Amazon, Marvel, and Warner Brothers in embracing blockchain technology.
Through our interactions with global entertainment brands, we uncovered significant barriers to their adoption of web3. These insights inspired the development of the Ethernity Chain. Chief among their concerns were privacy, cost, and complicated interfaces. Our evolution into a Layer 2 solution enhances security, reduces gas fees, and includes a plug-and-play toolkit, making it easier for global entertainment brands to integrate their franchises into the blockchain. To ensure proprietary data and creator IP are protected, the Ethernity Chain incorporates advanced AI capabilities, including comprehensive Digital Rights Management (DRM) controls, to combat counterfeit asset trading and provide a secure environment for both users and brands.
Key Features of the Ethernity Chain:
- Enhanced AI Capabilities: Embedded within the Ethernity Chain, AI provides unparalleled security and brand protection through robust DRM controls, designed to prevent counterfeit asset trading and ensure a secure environment for users and brands alike.
- Plug and Play Toolkit: Our Plug and Play toolkit offers brands and creators no-code tools to bring their global entertainment brands onto the blockchain and quickly ramp up tokens, marketplaces, and web3 applications.
- Eco-Friendly and Low Gas Fees: The Ethernity Chain is designed to minimize environmental impact and lower the barrier to entry for users and developers through significantly reduced gas fees.
- 100% EVM as Standard: The Ethernity Chain seamlessly integrates all current standards, including tokens, NFTs, and DeFi smart contracts.
"Our goal is to revolutionize how entertainment brands engage with their audiences through web3 technologies," said Nick Rose Ntertsas, Co-Chief Executive Officer at Ethernity. "By evolving into a Layer 2, we are not only expanding our capabilities but also providing a navigable, sustainable, and secure environment for brands to create next-gen entertainment products and fan experiences."
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