Blockchain

Ethernity Chain Unveils $10 Million Grant Program to Empower Founders

Los Angeles, United States, September 10th, 2024, Chainwire

 

Ethernity, the leading entertainment-focused Layer 2 blockchain solution, proudly announces a $10 million grant program dedicated to revolutionizing the entertainment and creator economy through development of Ethernity’s Layer 2. This substantial investment aims to support developers, founders, and startups building the future of digital entertainment on the Ethernity Layer 2 ecosystem.

Fuelling Innovation in Entertainment and the Creator Economy

The Ethernity Grant Program is designed to fuel groundbreaking projects that elevate the entertainment landscape, offering financial support, strategic mentorship, and valuable business resources. By focusing on enhancing the creator economy, Ethernity empowers brands and founders to leverage blockchain technology for new levels of engagement, security, and monetization.

Program Focus Areas:

  1. Games and Entertainment Products: Innovative games and interactive experiences that push the boundaries of digital entertainment.
  2. Blockchain Infrastructure: Tools, protocols, and infrastructure enhancements that strengthen the Ethernity ecosystem for entertainment applications.
  3. Entertainment Infrastructure: Projects that integrate global entertainment brands with blockchain, enabling new business models and fan experiences.
  4. DeFi Tools: Financial applications tailored to the needs of the entertainment industry, providing new ways to monetize and secure digital assets.
  5. RWA’s and Collectibles: Cutting-edge digital assets and marketplaces that redefine ownership and engagement.
  6. Education and Outreach: Initiatives that promote blockchain adoption and educate the creator community.

How to Apply

The program is open globally to developers, startups, and organizations whose projects align with Ethernity’s mission to disrupt the entertainment industry through innovative products. Applicants are encouraged to submit detailed proposals outlining their project objectives, milestones, and potential impact.

What Grant Recipients Will Receive

Grant recipients will receive financial backing to accelerate project development, access to mentorship from entertainment and blockchain experts within Ethernity’s network, and support with marketing and PR to enhance visibility. They will also benefit from technical resources, including tools, SDKs, and dedicated technical support, as well as opportunities to connect with venture capitalists for further investment and growth.

“Ethernity is committed to fostering a dynamic ecosystem that supports the next generation of entertainment and creator-focused technologies,” said Nick Rose Ntertsas, CEO of Ethernity. “This $10 million grant program is a significant step in empowering innovators and creators to bring their visions to life on the blockchain.”

For More Information and Application Details

Developers, creators, and organizations are invited to apply for the Ethernity Grant Program and join a pioneering movement to transform entertainment and the creator economy through blockchain technology.

For more information and to apply, users can visit https://www.ethernity.io/grants

About Ethernity

Ethernity is a Layer 2 blockchain solution designed specifically for the entertainment industry and the creator economy. It offers AI-powered security and Digital Rights Management (DRM) to protect intellectual property on-chain. With a robust infrastructure and strong partnerships, Ethernity is poised to become the leading web3 platform for entertainment, providing a secure, scalable, and user-friendly environment for creators and brands.

Website: Ethernity.io

Twitter: @EthernityChain

Telegram: EthernityChain

 

Contact

CMO
James Aitken
Ethernity Chain
james@ethernity.io

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SC Ventures leads investment in One Trading following landmark European crypto derivatives trading approval

2024-09-17T08:00:00Z
  • One Trading is the first MiFID II trading venue for perpetual futures in the EU and is the first regulated derivatives exchange in Europe accessible to retail clients
  • Existing investor MiddleGame Ventures increased its stake in One Trading, while Valar and SpeedInvest also participated

AMSTERDAM, Sept. 17, 2024 (GLOBE NEWSWIRE) -- SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has made a strategic investment in One Trading, a leading European crypto-asset exchange. As part of this round, existing investor MiddleGame Ventures increased its stake in One Trading, while Valar and SpeedInvest also participated. The terms of the deal were not disclosed.

“As a major, multinational bank with a commitment to innovation, SC Ventures is dedicated to driving digital assets market infrastructure. We welcome them as an investor in the company and believe they can add a lot of value to One Trading and our clients,” said Joshua Barraclough, Founder and CEO of One Trading.

One Trading will use the investment to support launching the first crypto perpetual futures in the European Union (EU) as a MiFID II trading venue. The MiFID II is a regulatory framework the EU rolled out in 2018 to increase transparency and improve investor protections across European financial markets. In July 2024, the Dutch financial market regulator granted One Trading an Organised Trading Facility (OTF) License, which establishes One Trading as a MiFID II trading venue.

First regulated derivatives exchange in Europe accessible to retail clients

With the OTF License approval, One Trading is the only crypto perpetual futures trading venue in the EU and the first cash-settled perpetuals platform in Europe, including the UK. One Trading is also the first regulated derivatives exchange in Europe which will be accessible to retail clients. 

The OTF license approval marks a milestone in One Trading's multi-year journey with the Dutch Financial Markets Authority (AFM) and the Dutch Central Bank (DNB) to revolutionize derivatives trading and bring crypto futures onshore in the EU. 

Strategic partnerships

“Financial innovation should not come at the cost of consumer protection, that’s why we are glad to see One Trading receiving the OTF License. We congratulate the team on becoming the first MiFID II trading venue for crypto perpetual futures in the EU,” said Alex Manson, CEO of SC Ventures. “We look forward to One Trading providing much needed infrastructure to all participants in the EU and further afield.”

“We saw the potential for One Trading early in its journey and we are delighted to be participating with SC Ventures and others in this investment. We are happy to support One Trading to become the undisputed leading onshore, licensed and institutional trading venue the digital assets market has been clamouring for,” said Pascal Bouvier, Managing Partner, MiddleGame Ventures.

Media Contacts
Eterna Partners for One Trading
eternapartners@onetrading.com
+447762943498

press@onetrading.com
+447795433650

SC Ventures
SC Ventures is a business unit that provides a platform and catalyst for Standard Chartered to promote innovation, invest in disruptive financial technology and explore alternative business models.
For more information, please visit www.scventures.io and follow SC Ventures on LinkedIn.

Standard Chartered
We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.
For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.

One Trading
One Trading is a European digital asset exchange headquartered in the Netherlands. The company is committed to providing a secure, fast, and scalable platform for trading crypto-assets and derivatives. With a focus on innovation and regulatory compliance, One Trading aims to set new standards in the industry and offer unparalleled services to its customers. For more information, please visit our website, or LinkedIn.
NB: One Trading has no affiliation to Bitpanda’s business.


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