- Ethereum moves to Layer-2 with artificial intelligence for security.
- Layer 2 focuses on eco-friendly infrastructure for enjoyment.
- Novel initiatives such as Layer-2’s Fanable App and Exorians.
- Open up cross-chain opportunities in MetaMask Portfolio with simple bridging.
- A platform called Ethernity sells certified and real NFTs with popular athletes like Shaquille O’Neal and Lionel Messi. On the Ethereum blockchain, a Layer-2 solution has been announced.
The objective of this development is to tackle the obstacles that large businesses encounter while implementing blockchain technology.
The new Layer-2 Ethernity Chain system will simplify user interfaces, improve privacy, and reduce transaction costs. It will have security features and make use of AI to apply DRM (Digital Rights Management) restrictions. This attempts to safeguard the intellectual property of artists and stop the sale of counterfeit goods.
According to Nick Rose Ntertsas, co-chief executive officer of Ethernity, the switch to Layer-2 would enhance the way entertainment companies use Web3 technology to interact with their audiences. He emphasized the goal of providing developers with an environment that is safer, more sustainable, and easier to navigate.
Ethernity Chain’s contribution to NFT has been acknowledged, especially with regard to licensed digital collectibles. Enhancing privacy and improving general involvement and interaction within the entertainment sector are the goals of the Layer-2 upgrade.
AI-driven security features, lower gas costs, and complete Ethereum Virtual Machine (EVM) compatibility are all included in the solution. Users and international entertainment brands can now access content more easily.
With an eye toward the future, Ethernity is getting ready to introduce a number of projects on this new infrastructure, such as the Fanable App, a real-world asset collections marketplace that will soon be accessible on mobile platforms. Their forthcoming projects include the Web3 game and science fiction series Exorians as well as the peer-to-peer lending protocol 0xLoans, which uses NFTs as collateral.
This calculated action may have an effect on how the entertainment industry incorporates Web3 technologies, opening up new avenues for hobbyists and companies alike.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
