Ethernity Chain is a Layer 2 solution based on the Ethereum blockchain, specifically developed for the entertainment industry. Its main goal is to help global entertainment brands integrate with blockchain technology, addressing challenges such as high transaction fees, privacy issues, and complex user interfaces. The platform is compatible with the Ethereum Virtual Machine (EVM), enabling developers to migrate their applications to the Ethernity Chain and benefit from faster transaction speeds and lower gas fees.

Ethernity Chain is part of the Optimism Superchain framework, which enhances the scalability of the blockchain and reduces the cost of decentralized applications, improves transaction processing efficiency, and ensures security. This structure is particularly important for the entertainment industry, as it requires rapid and low-cost processing of large amounts of data.

For a long time, the entertainment industry has made slow progress in adopting blockchain technology, mainly due to concerns about high costs, privacy issues, and complex systems. Ethernity Chain addresses these challenges by migrating to Layer 2 and enhancing privacy protection with the help of the Digital Rights Management (DRM) system. DRM uses blockchain technology to protect intellectual property, ensuring that certified digital assets (such as NFTs) cannot be counterfeited or traded illegally. The platform also utilizes Artificial Intelligence (AI) to identify and prevent the sale of counterfeit assets, providing a secure environment for creators and entertainment companies.

AI-driven security and Digital Rights Management (DRM)

Ethernity Chain integrates artificial intelligence (AI) into its DRM system to protect intellectual property on the blockchain. This feature helps entertainment brands prevent content piracy and unauthorized distribution. The AI system is able to authenticate NFTs and other digital collectibles, ensuring that ownership and provenance throughout the entire asset lifecycle are verified.

The AI-driven security infrastructure not only protects content, but also provides security for users and creators. The system can automatically detect counterfeit assets, which is key to maintaining platform trust. This technology is especially important for highly visible brands, as these brands need to ensure their reputation and ensure that only legitimate products can circulate on the blockchain.

Ecosystem and Decentralized Applications (dApps)

Ethernity Chain has begun to collaborate with multiple entertainment brands and well-known IPs. Its ecosystem covers NFT projects, games, and collectibles related to real-world assets, demonstrating the potential of blockchain in changing digital interaction. Exorians (a Web3 game) and the Fanable app (a marketplace for real-world asset collectibles) are examples of applications built on Ethernity Chain.

In addition, Ethernity Chain plans to launch 0xLoans, a peer-to-peer lending protocol that uses NFTs as collateral. This move expands the use cases of NFTs, allowing them to not only serve as collectibles but also have financial functionality within the blockchain ecosystem.

Layer 2 infrastructure

Ethernity Chain's Layer 2 infrastructure improves scalability by reducing the burden on the Ethereum blockchain. Most transactions are processed in the Layer 2 system, allowing the platform to handle transactions faster and reduce gas fees, which is particularly important for applications such as NFT markets and blockchain games that require processing a large number of transactions.

The infrastructure of Ethernity Chain is supported by Gelato RaaS (Rollups-as-a-Service), which is responsible for the technical management of the Layer 2 network, including gas-free user experience, social login, and Web 2.0 API connectivity. This makes blockchain technology more accessible and easier for non-cryptocurrency users and businesses to use and access.

Token and Governance

The ERN token drives the Ethernity Chain ecosystem, allowing users to conduct platform transactions, such as purchasing NFTs and staking, using ERN. ERN holders can also participate in platform governance through Ethernity DAO, voting to determine the platform's future direction.

Stones Farming Protocol rewards users for participating in the Ethernity ecosystem, helping to build a more vibrant user community through incentivized staking, NFT purchases, and governance contributions.

Sustainability and Carbon Neutrality

Ethernity Chain is committed to operating as a carbon-neutral blockchain. This goal is achieved through its high-energy-efficient design of Layer 2 architecture and collaboration with organizations focused on sustainable development. This approach ensures that Ethernity can expand its operations without having a negative impact on the environment.

Highlights

• Ethernity Chain is a Layer 2 solution based on Ethereum, optimized for the entertainment industry, with a focus on reducing transaction costs and enhancing privacy protection through AI-driven Digital Rights Management (DRM).
• The platform integrates AI to detect counterfeit products, protect the intellectual property of global entertainment brands, ensure the authenticity of NFTs, and prevent unauthorized transactions.
• The Ethernity ecosystem encompasses NFT projects, games, and decentralized applications (dApps), with future projects including 0xLoans and Fanable App.
• It supports zero Gas fee user experience through Gelato's Rollups-as-a-Service (RaaS), reducing the threshold for non-crypto users to adopt blockchain.
• The platform is powered by the ERN token, which is used for trading, staking, and governance, and focuses on sustainable development as a carbon-neutral blockchain operation.