
Ethernity chain
Aims to mainstream NFT-based digital art while supporting charitable causes that will help those in need.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor investor investor investor investor | €0.0 | round |
investor investor investor investor | €0.0 | round | |
$20.0m | Late VC | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Ethernity.io operates as a decentralized autonomous organization (DAO) that leverages blockchain technology to revolutionize the entertainment industry. The company provides a comprehensive platform that supports a wide array of web3 products, including immersive games, Real World Assets (RWAs), unique Non-Fungible Tokens (NFTs), and innovative Decentralized Finance (DeFi) applications. Ethernity's core mission is to empower global entertainment brands to transition their franchises into the web3 realm, thereby enhancing and transforming conventional entertainment experiences. The business model is community-driven, with members actively participating in decision-making processes through proposals and voting. Ethernity generates revenue through various channels, including transaction fees, NFT sales, and partnerships with entertainment brands. The company serves a diverse clientele, ranging from entertainment brands and game developers to individual users interested in web3 technologies. Operating in the rapidly evolving blockchain and entertainment markets, Ethernity stands as a cornerstone for on-chain entertainment solutions.
Keywords: blockchain, DAO, web3, NFTs, DeFi, entertainment, immersive games, digital assets, community-driven, franchise transition.