Ethernity Transitions to AI-Enhanced Ethereum Layer 2 Designed Specifically for the Entertainment Industry

(PRESS RELEASE – LOS ANGELES, United States, May 7, 2024)

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 featuring 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 set to transform the web3 entertainment landscape, directly addressing the challenges major brands like amazon, Marvel, and Warner Brothers face in adopting blockchain technology.

Ethernity's interactions with global entertainment brands uncovered significant barriers to their adoption of web3, ultimately inspiring the development of Ethernity Chain. The main 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 toolset, making it easier for global entertainment brands to integrate their franchises on the blockchain. To ensure creators' proprietary data and intellectual property is protected, Ethernity Chain incorporates advanced artificial intelligence capabilities, including comprehensive digital rights management (DRM) controls, which combat counterfeit asset trading and provide a secure environment. for both users and brands.

Key Features of Ethernity Chain

• Improved ai capabilities: Integrated into Ethernity Chain, ai provides unparalleled security and brand protection through robust digital rights management (DRM) controls, designed to prevent the trading of counterfeit assets and ensure a safe environment for both users and brands.
• Plug and Play Tool Kit: The Ethernity Plug and Play toolkit provides brands and creators with no-code tools to bring their global entertainment brands to the blockchain and quickly and easily grow tokens, marketplaces, and web3 applications.
• Low and eco-friendly gas rates: Ethernity Chain is designed to minimize environmental impact and reduce the barrier to entry for users and developers through significantly reduced gas fees.
• 100% EVM as standard: Ethernity Chain seamlessly integrates all current standards, including tokens, nfts, and DeFi smart contracts.

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

To learn more about Ethernity and its 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 its upcoming ethereum Layer 2 solution designed specifically for global entertainment brands looking to transition their intellectual properties to blockchain. By capitalizing on our established partnerships, deep expertise and robust infrastructure, Ethernity is poised to spearhead the world's leading web3 entertainment ecosystem. We offer an intuitive, secure, green and ai-enhanced platform that meets the changing needs of the next generation of businesses and entertainment products.

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