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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Uzbekistan-based Ecosystem Humans Releases H1 2024 Financial and Operating Results for Humans Pay

2024-09-18T15:17:51Z

Humans Ecosystem

TASHKENT, Uzbekistan, Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Uzbekistan-based Humans ecosystem brings together all payment and transfer services under the Humans Pay brand and releases financial and operating results for the Humans Pay for H1 2024.

Following the acquisition of the Maroqand LLC's payment service in 2022 (operating under the UPay trademark), all services have been fully integrated into the Humans ecosystem, providing seamless financial solutions to users across Uzbekistan. This has allowed the company to significantly increase its share in all segments of Uzbekistan’s fintech market.

In the first half of 2024 alone, Humans Pay achieved several impressive milestones:

  • Customer Growth: The number of Humans Pay users increased by 45% compared to the same period in 2023.
  • Revenue Growth: Humans Pay generated over $5 million in revenue in the first six months of 2024, which is 65% higher than in the first half of 2023.
  • Transaction Volume: The number of transactions also showed consistent growth, amounting to 60 million transactions, which is 21% more than in the first half of 2023.
  • Turnover: The Humans Pay turnover in the first half of 2024 increased by 85% compared to the same period in 2023, underscoring the growing demand for its services.

Vlad Dobrynin, CEO and founder of Humans Group

Commenting on this remarkable growth, Vlad Dobrynin, CEO and founder of Humans Group, said, “We are seeing how the convenient and accessible services of the Humans ecosystem are rapidly gaining market share. Our client base is growing, along with the service’s turnover and capitalisation, and all these indicators prove Humans' significant role in popularising cashless payments and increasing financial literacy in the country. According to Western experts, the capitalization of the Humans Pay service alone amounts to 60 million dollars today. In turn, we see prospects for further active growth of the ecosystem associated with the dynamic development of Uzbekistan’s entire digital economy.”

Due to the high demand for the payment and transfer service, the company’s management made the decision to further develop all fintech services within the Humans ecosystem under the Humans Pay brand. This strategic move aims to solidify the brand’s position as the core driver of growth within the Humans ecosystem and continue its mission of empowering users with convenient and reliable financial solutions. As Uzbekistan’s digital economy rapidly evolves, Humans Pay remains at the forefront of transforming the country’s financial services sector, ensuring that cashless payments and financial inclusivity are accessible to all.

____________________________________

About Humans ecosystem

Humans.uz is a super-app that combines financial services (Humans Pay), mobile services (Humans Mobile), and a product marketplace (Humans Market). The project was launched in June 2020 in Uzbekistan by the Humans Group, which is also developing the Humans.net employee search platform in the USA. The group’s offices are located in the USA, Uzbekistan, Poland, Singapore, and Germany.

Website: https://humans.uz/en/

Contact:
Natalia Ikonnikova
pr@humans.net

Disclaimer: This content is provided by the Humans. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/5404e971-246a-400f-8534-b75e7c90eeb3

https://www.globenewswire.com/NewsRoom/AttachmentNg/4f13e1a5-4250-4375-966d-b491ecd8da3c


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