bitcoin
Bitcoin (BTC) $ 94,481.31
ethereum
Ethereum (ETH) $ 3,355.58
tether
Tether (USDT) $ 0.999685
bnb
BNB (BNB) $ 694.53
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.17
binance-usd
BUSD (BUSD) $ 0.998763
dogecoin
Dogecoin (DOGE) $ 0.314033
cardano
Cardano (ADA) $ 0.890065
solana
Solana (SOL) $ 186.20
matic-network
Polygon (MATIC) $ 0.487146
polkadot
Polkadot (DOT) $ 7.02
tron
TRON (TRX) $ 0.260456
bitcoin
Bitcoin (BTC) $ 94,481.31
ethereum
Ethereum (ETH) $ 3,355.58
tether
Tether (USDT) $ 0.999685
bnb
BNB (BNB) $ 694.53
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.17
binance-usd
BUSD (BUSD) $ 0.998763
dogecoin
Dogecoin (DOGE) $ 0.314033
cardano
Cardano (ADA) $ 0.890065
solana
Solana (SOL) $ 186.20
matic-network
Polygon (MATIC) $ 0.487146
polkadot
Polkadot (DOT) $ 7.02
tron
TRON (TRX) $ 0.260456
More

    Elacity Companions With Particle Community and Beatfarm to Convey Simplified Web3 to Music Superfans

    Latest News

    Singapore, Asia, August ninth, 2024, Chainwire

    Elacity is partnering with Particle Community and BeatFarm to create a extra intuitive and accessible method for music superfans to work together with their favourite artists utilizing decentralized expertise. This collaboration goals to simplify entry and trade of content material throughout the music trade.

    By integrating Particle Community’s Pockets Abstraction stack with Elacity’s platform, customers will get pleasure from a easy onboarding expertise. Moreover, since Particle Community has set to allow chain abstraction throughout the trade by way of its Common Accounts, this integration will allow its customers to finally have a borderless Web3 expertise.

    Elacity’s implementation of the Elastos SmartWeb ensures that key elements equivalent to tokenization, information possession, and equitable sharing are central to the person expertise. BeatFarm will leverage this growth to supply superfans unique content material and new monetization alternatives inside a streamlined framework.

    Sasha Mitchell, CEO, Elacity commented: “We’re bringing inclusive markets and new enterprise fashions to Web3, equivalent to buy-now, subscription, and royalty alternatives globally. Regardless of these improvements, we should simplify the person expertise by hiding blockchain complexity for ease of use. After in depth analysis for dDRMv2, we recognized Particle Community as the best choice. We’re very comfortable to be working with them to allow Web2 login, gasless minting, asset availability throughout any blockchain, and a cost system with blockchain effectivity and governance underneath the hood for our platform.”

    Pengyu Wang, CEO, Particle Community commented: “This partnership marks a big step ahead for Web3 adoption. As customers transition from early adopters to extra mainstream adopters, it’s essential to convey Chain Abstraction nearer to everybody. Beginning with our Good Pockets, person’s onboarding and accessibility to Elacity’s platform are considerably improved and simplified. As we additional deploy chain abstraction infrastructure (Common Accounts), we purpose to eradicate all UX complexities, permitting customers to seamlessly entry decentralized functions on any chain. With this, we’re comfortable to work with Elacity implement chain abstraction throughout the trade.”

    Constructing on this basis, BeatFarm goals to leverage Web3 expertise to ascertain belief and connection between superfans and artists. By making a social platform with wealthy content material and interactive options, BeatFarm seeks to energise artist careers and improve fan involvement. This mannequin challenges the standard Web2 system, which regularly advantages just a few dominant artists, and goals to distribute rewards extra equitably throughout the trade, discovering and nurturing new expertise in collaboration with their fan base.

    See also  Nationwide Futures Affiliation provides guidelines for members dealing with digital belongings

    To tie all of it collectively, Particle Community’s position is essential in making the Web3 expertise extra accessible and intuitive by way of chain abstraction. This simplicity in person expertise is anticipated to remodel how content material is exchanged and monetized within the music trade.

    About Elacity

    Elacity transforms digital asset administration with “Digital Capsules”— encrypted digital belongings on decentralized networks. These capsules supply safe playback and tradable entry, distribution, and royalty rights through blockchain expertise, enabling creators to monetize belongings globally. This safe, clear, and honest mannequin disrupts conventional Digital Rights Administration methods.

    For extra data, please go to: https://docs.ela.metropolis/

    About BeatFarm

    BeatFarm is a Web3 music distribution platform that permits artists to mint and inscribe their music onto a number of blockchains concurrently, whereas additionally connecting instantly with their superfans. BeatFarm goals to democratize music distribution by leveraging blockchain expertise to offer artists with unprecedented management over their work and direct entry to their followers.

    For extra data, please go to: https://beatfarm.io/

    About Particle Community

    Particle Community is addressing Web3’s fragmentation of customers and liquidity by way of Common Accounts. Particle’s chain abstraction is powered by a Cosmos SDK L1 blockchain enabling the expertise of a single account, steadiness, and deal with that can be utilized throughout all chains, permitting customers to work together with any dApp and pay gasoline with any token.

    See also  Dealer Suffers $150,000 Loss After Chasing NEIRO’s Peak

    For extra data, please go to: https://particle.community/

    ContactPR LeadRoger DarashahElastosroger.darashah@elastoselavation.org

    This text was initially printed on Chainwire

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Hot Topics

    Related Articles