Cryptocurrencies

Ethernity Unveils the First Entertainment-Focused Layer 2 Chain on Optimism’s Superchain, According to Chainwire

Los Angeles, United States, July 31st, 2024 – Chainwire

Ethernity, a leader in blockchain entertainment technology, has unveiled the testnet for Ethernity Chain, a Layer 2 solution crafted specifically for Fortune 500 entertainment brands. This development integrates Ethernity Chain as the Entertainment Layer within Optimism’s Superchain ecosystem, joining notable names such as Coinbase’s Base, Worldcoin, Zora, and Camp Network. The Superchain comprises a network of interconnected chains that utilize the OP Stack technology and contribute protocol fees back to the Optimism Collective.

Ethernity Chain is designed to tackle the hurdles the global entertainment sector faces in adopting blockchain technology, featuring user-friendly infrastructure that greatly simplifies the complexities of web3. Enhanced with AI-driven Digital Rights Management (DRM), Ethernity Chain provides strong intellectual property protection, vital for safeguarding on-chain assets. The testnet operates on Optimism’s Superchain, which boasts a unified network offering shared liquidity, security, communication, and governance across over 20 chains, 800+ applications, and $16 billion in total value locked (TVL), all supported by Gelato RaaS.

“By joining the Superchain, Ethernity becomes part of a community of builders committed to scaling and contributing back to the ecosystem,” stated Urv Goel, VP and Head of Global Business Development at Optimism Unlimited. “We look forward to supporting Ethernity as they continue to innovate at the intersection of Web3 and entertainment.”

The Ethernity Layer 2 testnet is now operational, giving developers the opportunity to explore and prepare their applications ahead of the mainnet launch. Ethernity is actively welcoming various products into its ecosystem, with several entertainment applications, such as games, NFTs, real-world asset collectibles, and interactive media projects, already collaborating with Ethernity, along with upcoming announcements scheduled in the following weeks.

"Joining the Superchain ecosystem with the launch of Ethernity Chain marks a significant milestone for us," remarked Marcelo Pham, Co-Founder and Chief Engineer of Ethernity. "Our aim is to bridge the divide between traditional entertainment and blockchain technology, offering a platform where major brands can flourish and innovate."

Ethernity Chain is backed by a network of partners focused on delivering exceptional tools and infrastructure for developers. The Ethernity Layer 2 is deployed and maintained on the Gelato RaaS Platform. In addition to foundational chain infrastructure, Gelato will enhance the new Layer 2 with a suite of Web3 Cloud Services, providing zero gas user experience, connectivity between Ethernity Apps and web2 APIs, as well as verified on-chain randomness for fair sweepstakes and dynamic NFT creation. Additional third-party integrations are forthcoming, encompassing features ranging from social logins for seamless access to credit card payments, bridges, and indexing solutions, all aimed at facilitating the onboarding of mainstream users by entertainment brands.

“The entertainment industry is primed for transformation through blockchain technology, and Gelato RaaS is proud to support Ethernity’s vision,” stated Luis Schliesske, co-founder of Gelato. “Our Rollup-as-a-Service platform, along with our suite of native integrations, allows Ethernity to focus on its growth while we manage the underlying technical complexities.”

To further empower the developer community, Ethernity is set to launch a Grant Program, offering funding and support to facilitate building on the Ethernity L2. This initiative will provide resources for marketing, business development, technical assistance, and investor connections, ensuring developers have the necessary tools to thrive.

The launch of the Ethernity testnet follows successful efforts that introduced iconic entertainment figures like Lionel Messi and Shaquille O’Neal onto the blockchain. Ethernity Chain aims to extend this legacy by establishing a robust and scalable environment for the next wave of entertainment.

For further information on Ethernity and participation in the testnet, please reach out via the provided contact information.

About Ethernity
Ethernity is an Ethereum Layer 2 solution tailored specifically for global entertainment brands. It includes AI-powered security and Digital Rights Management (DRM) features to safeguard intellectual property on-chain. With a strong infrastructure and various partnerships, Ethernity is positioned to become a leading web3 entertainment ecosystem, offering a secure, eco-friendly, and user-friendly platform for future entertainment and enterprise products.

About Optimism
Optimism is dedicated to enhancing Ethereum’s technology and expanding its capacity to form effective, decentralized structures globally. The Optimism Collective develops state-of-the-art software for operating Layer 2 blockchains and is addressing key governance and economic challenges within the broader crypto ecosystem, with a focus on sustainable development through retroactive public goods funding.

About Gelato
Gelato is an Ethereum Rollup as a Service Platform designed to be fast, secure, and scalable. It enables developers to create and deploy fully serviced Layer 2 chains integrated with Web3 tools and services efficiently, establishing a production-ready environment from the ground up.

Contact
James Aitken
CMO, Ethernity Chain
Email: [email protected]

This article was originally published on Chainwire.

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