Blockchain

Ethernity Chain Unveils $10 Million Grant Program to Empower Founders

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    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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    Asia-Pacific Artificial Intelligence (AI) Chipsets Market 2024-2031: Identify and Capitalize on the Countries Showcasing the Highest Growth Potential

    2024-09-18T08:30:44Z

    Dublin, Sept. 18, 2024 (GLOBE NEWSWIRE) -- The "Asia-Pacific Artificial Intelligence (AI) Chipsets Market Size, Share & Trends Analysis, 2024-2031" report has been added to ResearchAndMarkets.com's offering.

    The Asia Pacific Artificial Intelligence (AI) Chipsets Market should witness market growth of 30.3% CAGR during the forecast period, 2024-2031.

    The China market dominated the Asia Pacific Artificial Intelligence (AI) Chipsets Market by country in 2023, and should continue to be a dominant market till 2031; thereby, achieving a market value of $21.51 billion by 2031. The Japanese market is registering a CAGR of 29.7% during 2024-2031. Additionally, the Indian market should showcase a CAGR of 31.2% during 2024-2031.

    The adoption of AI chipsets is rapidly increasing across various industries and sectors due to their ability to accelerate AI tasks, enhance performance, and enable intelligent applications. Businesses increasingly leverage AI-driven solutions to gain insights from data, automate processes, improve decision-making, and enhance customer experiences. AI chipsets facilitate the execution of complex AI algorithms and machine learning models, driving applications like NLP, computer vision, predictive analytics, and autonomous systems.

    Moreover, the continuous advancements in AI algorithms, deep learning models, and neural network architectures drive the need for high-performance hardware solutions capable of handling massive datasets and complex computations. AI chipsets provide the computational power and efficiency to effectively train and deploy AI models. The proliferation of edge computing architectures, wherein AI processing tasks are performed locally on edge devices, drives the adoption of AI chipsets with edge computing capabilities.

    The fintech industry in India has experienced rapid growth driven by increasing smartphone penetration, digital payment adoption, and government initiatives promoting financial inclusion. The Fintech business in India is expanding at one of the quickest rates in the world, according to the National Investment Promotion and Facilitation Agency. The market for fintech in India is expected to reach $150 billion by 2025, from $50 billion in 2021. By 2030, the fintech business is expected to generate $2.1 trillion in opportunity. In 2022, fintech startups in India raised $5.65 billion. Between 2021 and 2022, the number of distinct institutional investors in Indian fintech nearly doubled, from 535 to 1019, respectively.

    Additionally, as businesses and government agencies in Australia invest in AI technologies to drive innovation and efficiency, there is a growing demand for AI chipsets to power AI-driven applications and services. According to the Australian Government, digital innovations, including AI, could contribute $315 billion to Australia's GDP by 2030. Australian spending on AI systems will grow to over $3.6 billion by 2025, at a compounding annual growth rate of 24.4% between 2020 and 2025. Therefore, the rising fintech industry and increasing expenditure on AI technology in the region drive the market's growth.

    List of Key Companies Profiled

    • Intel Corporation
    • NVIDIA Corporation
    • IBM Corporation
    • Micron Technology, Inc.
    • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
    • Samsung Electronics Co. Ltd. (Samsung Group)
    • Apple, Inc.
    • Huawei Technologies Co. Ltd. (Huawei Investment & Holding Co. Ltd.)
    • Texas Instruments, Inc.
    • NXP Semiconductors N.V.

    Market Segmentation

    By Computing Technology

    • Cloud Computing
    • Edge Computing

    By Function

    • Inference
    • Training

    By Chipset Type

    • GPU
    • CPU
    • FPGA
    • ASIC
    • Others

    By Vertical

    • Consumer Electronics
    • Automotive
    • Healthcare
    • Manufacturing
    • Retail & E-Commerce
    • BFSI
    • Marketing
    • Others

    By Country

    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Malaysia
    • Rest of Asia Pacific

    For more information about this report visit https://www.researchandmarkets.com/r/9spj10

    About ResearchAndMarkets.com
    ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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