Tue, May 07, 2024 at 15:12

• 

  Joy

  • Hey Annie!

  • Guess what?

  • Ethernity, the NFT platform that's been making waves recently, has just announced some big changes!

  • They've switched to an AI-enhanced Ethereum Layer 2 network.🚀

  • 
• Annie

  • Oh, that sounds interesting!

  • But what does that mean exactly?🤔

  
• 

  Joy

  • Great question!

  • So, Layer 2 is a secondary framework or protocol that's built on top of an existing blockchain.

  • In this case, Ethereum.

  • This Layer 2 network is designed to help scale the blockchain by handling transactions off the main chain.

  • It's like adding an extra lane to a busy highway to reduce traffic!🛣️

• Annie

  • I see...

  • So, it's like an upgrade for the platform?

  • And what's this about AI?🧐

  
• ADward

  • Hold on! Behold, an advertisement awaits. Legend has it that clicking on this ad will make the AI server even smarter... 😅

  
• 

  Joy

  • Exactly, it's an upgrade!

  • As for the AI part, they're using artificial intelligence to enhance their platform.

  • One of the biggest benefits is that it will help combat counterfeit asset trading.

  • It's like having a super-smart security guard who can spot fakes a mile away!👮‍♂️

• Annie

  • Wow, that sounds impressive!

  • So, this will make things safer for users and brands?😮

  
• 

  Joy

  • Absolutely!

  • In fact, Ethernity has already authenticated and licensed NFTs for big names like Lionel Messi and Shaquille O'Neal.

  • They're really stepping up their game!🏀⚽

• Annie

  • That's cool!

  • But weren't there some concerns about privacy and cost?🤔

  
• 

  Joy

  • Yes, there were.

  • But Ethernity has addressed these issues.

  • They've reduced gas fees and made their platform more user-friendly.

  • Plus, they've added a plug-and-play toolkit to make it easier for brands to integrate their franchises into the blockchain.

  • It's like they've given them a magic key to the blockchain world!🔑

• Annie

  • Sounds like they're really making strides!

  • But what about the legal side of things?

  • I remember hearing about some issues with NFT-related advertising.🧐

  
• 

  Joy

  • You're right, Annie.

  • There have been some legal issues.

  • For instance, last year in 2023, Cristiano Ronaldo was hit with a class-action lawsuit for promoting NFTs from Binance.

  • 

  • But currently, there are no specific laws or regulations covering NFTs.

  • It's still a bit of a wild west out there!🤠

• Annie

  • Hmm...

  • So, is this news good or bad?

  • And how will it affect the market?🤔

  
• 

  Joy

  • Well, I'd say it's good news!

  • Ethernity's move to an AI-enhanced Ethereum Layer 2 network will likely make their platform more secure and user-friendly.

  • This could attract more users and brands, potentially boosting the NFT market.

  • So, if you're thinking about investing in NFTs, this could be a great time!💰

  • To sum up, this article is considered a 😍Bullish for investors!!