Ethernity transitions to AI-enhanced Ethereum Layer 2, purpose-built for the entertainment industry. – Blockchain news, opinion, TV and careers

adminMay 7, 2024

May 7, 2024 Los Angeles, USA, Chainwire

Global brands and talent can use Ethernity’s technology to store their IP on chain and engage with fans through next-generation content and experiences.

Ethernity, the renowned platform for authenticated and licensed NFTs with icons such as Lionel Messi and Shaquille O’Neal, announces a breakthrough into its pioneering layer 2 solution on the Ethereum blockchain. This evolution is poised to transform the web3 entertainment landscape by directly addressing the challenges faced by major brands like Amazon, Marvel, and Warner Brothers as they embrace blockchain technology.

Ethernity’s interactions with global entertainment brands revealed significant barriers to web3 adoption and ultimately inspired the development of the Ethernity Chain. Their biggest concerns were privacy, cost, and complex interfaces, all of which were addressed with this evolution. Ethernity’s Layer 2 solution enhances security, reduces gas costs, and includes a plug-and-play toolkit, making it easier for global entertainment brands to integrate their franchises into blockchain. To protect proprietary data and creator IP, Ethernity Chain integrates advanced AI capabilities, including comprehensive digital rights management (DRM) controls that prevent counterfeit asset transactions and provide a safe environment for both users and brands.

Key Features of Ethernity Chain

Improved AI features: AI built into Ethernity Chain provides unparalleled security and brand protection with powerful digital rights management (DRM) controls designed to prevent counterfeit asset transactions and ensure a safe environment for users and brands alike.
Plug and Play Toolkit: The Ethernity Plug and Play Toolkit provides brands and creators with no-code tools to bring global entertainment brands to blockchain and scale tokens, marketplaces, and web3 applications quickly and easily.
Eco-friendly and low gas rates: The Ethernity Chain is designed to significantly reduce gas costs, minimizing environmental impact and lowering the barrier to entry for users and developers.
100% EVM standard: Ethernity Chain seamlessly integrates all current standards, including tokens, NFTs, and DeFi smart contracts.

“Our goal is to transform the way entertainment brands engage with their audiences through web3 technology,” said Nick Rose Ntertsas, co-CEO of Ethernity. “By advancing to Layer 2, we are not only expanding our capabilities, but providing a navigable, sustainable and secure environment for brands to create the next generation of entertainment products and fan experiences.”

For more information about Ethernity and the transition to Layer 2, visit https://ethernity.io.

About eternity

Ethernity is a leading Cayman Islands-based technology company specializing in innovative web3 solutions, including the upcoming Ethereum Layer 2 solution built specifically for global entertainment brands looking to transition their intellectual property to the blockchain. Ethernity will leverage its established partnerships, deep expertise, and robust infrastructure to lead the world’s leading web3 entertainment ecosystem. We provide a hardened, secure, green, and intuitive AI platform that meets the evolving needs of next-generation entertainment companies and products.