Ethernity launches AI-secure Layer 2 network that empowers Web3 brands with environmentally 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 ascent.

Ethernity announces new Blockchain, altcoin price jumps!

Ethernity, an NFT-focused Blockchain platform, announced the new Ethernity Chain network. Following this announcement, the ERN token price experienced a sudden jump. This massive price jump came 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. Moreover, with new improvements, the project aims to make Ethernity Chain the leading platform for brands to migrate to the Web3 environment on a global scale.

Cryptocoin.comAs you’ve been following on ‘s blog, the major cryptocurrencies have been quiet today. In this environment, ERN jumped to $6.06 from its intraday high of $4.43 following the announcement of the Tier-2 network. The altcoin price saw an increase of over 35% on this move. However, ERN lost some altitude afterwards. At the time of writing, the token was trading at $5.39, up over 23% on a daily basis. Meanwhile, the token’s trading volume has also exploded. In the last 24 hours, trading volume increased by nearly 320% to $47.8 million.

ERN 24-hour price chart. Source: CoinMarketCap

Ethernity attracts attention with important collaborations!

At the same time, several new projects will be launched on Ethernity Chain, including FanableApp, the marketplace for Real World Assets (RWAs), and Exorians, a next-generation science fiction 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-renowned names such as Lionel Messi and Shaquille O’Neal. This has helped it gain more recognition. The altcoin project also plans to further develop its ecosystem with bigger entertainment companies.

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

Ethernity’s AI-powered security and plug-and-play toolkit

Ethernity Chain stands out with its emphasis on advanced AI security functions. Blockchain’s AI functions help protect intellectual property (IP). It also includes integrated Digital Rights Management (DRM) controls that address counterfeit asset trading. This kind of security model provides a secure environment for global brands and their customers. Because it protects proprietary data.

Furthermore, Ethernity Chain offers a plug-and-play toolkit that aims to lower the barrier to entry for global entertainment brands looking to operate on Blockchain. Companies can seamlessly integrate their IP using no-code tools. They can also grow tokens, digital collectibles and other Web3 applications such as marketplaces and games.