This Altcoin Announces New Blockchain: Token Price Skyrockets!

Ethernity launches AI-secured Layer 2 network, empowering Web3 brands with eco-friendly tools. Ethernity’s AI-powered DRM secures IP. Thus, it facilitates Web3 adoption for global brands by combating counterfeiting. Following this important announcement, the altcoin price made a vertical breakout.

Ethernity announces new Blockchain, altcoin price jumps!

Ethernity, an NFT-focused Blockchain platform, announced its new Ethernity Chain network. Following this announcement, the ERN token price experienced a sudden jump. This massive price jump occurred shortly after the introduction of an innovative Layer 2 solution with strong security measures powered by artificial intelligence on the Ethereum Blockchain. The Layer-2 network will be entertainment brand focused. In addition, the project aims to make Ethernity Chain the leading platform for brands to migrate to the Web3 environment on a global scale, with new improvements.

cryptokoin.comAs you follow from , major cryptocurrencies are following a calm course today. In this environment, after the announcement of the Layer-2 network, ERN jumped from $ 4.43 to $ 6.06 during the day. The altcoin price saw an increase of over 35% in this move. However, the ERN then experienced some altitude loss. The token was trading at $5.39 at the time of writing, up over 23% on a daily basis. Meanwhile, the token’s transaction volume also exploded. Trading volume increased by approximately 320% in the last 24 hours, reaching $47.8 million.

ERN 24-hour price chart. Source: CoinMarketCap

Ethernity attracts attention with its important collaborations!

At the same time, several new projects will be launched on the Ethernity Chain, including FanableApp, a marketplace for Real World Assets (RWAs), and Exorians, a next-generation sci-fi game. All these projects and applications from key industry teams will benefit from the full functionality and support of Ethernity Chain. Ethernity has already collaborated with world famous names such as Lionel Messi and Shaquille O’Neal. This made him more known. Additionally, the altcoin project plans to further develop its ecosystem with larger entertainment companies.

Co-CEO Nick Rose Ntertsas stated that converting the platform to a Layer 2 solution will “transform the way entertainment brands engage with their audiences using Web3 technologies.”

altcoin

Ethernet’s AI-powered security and plug-and-play toolset

Ethernity Chain stands out with the importance it attaches to advanced artificial intelligence security functions. Blockchain’s AI functions help protect intellectual property (IP). It also includes integrated Digital Rights Management (DRM) controls to address counterfeit asset trading. This type of security model provides a safe environment for global brands and their customers. Because it protects proprietary data.

Additionally, Ethernity Chain offers a plug-and-play toolkit aimed at lowering the barrier of entry for global entertainment brands looking to operate on Blockchain. It is possible for companies to seamlessly integrate their IP using codeless tools. They can also grow tokens, digital collectibles, and other Web3 applications such as marketplaces and games.

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