Ethernity Transitions to an AI Enhanced Ethereum Layer 2, Purpose-Built for the Entertainment Industry

LOS
ANGELES,
United
States,
May
7th,
2024,
Chainwire

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

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

Ethernity’s
interactions
with
global
entertainment
brands
uncovered
significant
barriers
to
their
adoption
of
web3,
ultimately inspiring
the
development
of
the
Ethernity
Chain.
Chief
among
their
concerns
were
privacy,
cost
and
complicated
interfaces,
all
of
which
have
been
addressed
by
this
evolution;
Ethernity’s
Layer
2
solution
enhances
security,
offers
reduced
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
–
that
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
  Digital
  Rights
  Management
  (DRM)
  controls,
  designed
  to
  prevent
  counterfeit
  asset
  trading
  and
  ensure
  a
  secure
  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
  their
  global
  entertainment
  brands
  onto
  the
  blockchain
  and
  to
  quickly
  and
  easily
  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.”

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

About
Ethernity

Ethernity
is
a
leading
Cayman
Islands
based
technology
company
specializing
in
innovative
web3
solutions
including
their
upcoming
Ethereum
Layer
2
solution
specifically
built
for
global
entertainment
brands
aiming
to
transition
their
intellectual
properties
to
the
blockchain.
By
capitalizing
on
our
established
partnerships,
deep
expertise,
and
robust
infrastructure,
Ethernity
is
set
to
spearhead
the
world’s
leading
web3
entertainment
ecosystem.
We
offer
an
AI
enhanced,
secure,
eco-friendly,
and
intuitive
platform
that
caters
to
the
evolving
needs
of
the
next
generation
of
entertainment
enterprises
and
products.

Contact

CMO
James
Aitken
Ethernity
Chain
[email protected]