[PRESS RELEASE – Singapore, Asia, August 9th, 2024]
Elacity is partnering with Particle Community and BeatFarm to create a extra intuitive and handy means for music tremendous followers to work together with their favourite artists utilizing decentralized expertise. The partnership goals to simplify content material entry and change throughout the music {industry}.
By integrating Particle Community’s pockets abstraction stack with the Elacity platform, customers will take pleasure in a easy onboarding expertise. Moreover, as Particle Community has begun enabling industry-wide chain abstraction by means of its common account, this integration will allow its customers to lastly have a borderless Web3 expertise.
Elacity’s implementation of Elastos SmartWeb ensures that key features reminiscent of tokenization, knowledge possession and truthful sharing are on the core of the person expertise. BeatFarm will leverage this growth to offer tremendous followers with unique content material and new monetization alternatives inside a streamlined framework.
Sasha Mitchell, Chief Govt Officer, Elacity commented: “We’re bringing inclusive marketplaces and new enterprise fashions to Web3, reminiscent of international buy-now, subscription and royalty alternatives. Regardless of these improvements, we should cover the complexity of blockchain to Ease of use to simplify person expertise. After in depth analysis on dDRMv2, we decided that Particle Community was the only option and we’re excited to work with them to allow Web2 login, Gasoline-free minting, and cross any blockchain. Asset availability, and cost methods with blockchain effectivity and governance.
Pengyu Wang, CEO, Particle Community commented: “This partnership marks a significant step ahead within the adoption of Web3. As customers transition from early adopters to extra mainstream adopters, it’s crucial to make the chain abstraction nearer to everybody. From Beginning with our Sensible Pockets, person onboarding and accessibility to the Elacity platform has been considerably improved and simplified. As we additional deploy the chain abstraction infrastructure (Common Accounts), we purpose to take away all person expertise complexity and empower customers. Seamlessly entry decentralized functions on any chain, so we’re excited to associate with Elacity to implement chain abstraction throughout the {industry}.
Constructing on this basis, BeatFarm goals to leverage Web3 expertise to construct belief and connections between tremendous followers and artists. By making a content-rich, interactive social platform, BeatFarm strives to energise artists’ careers and improve fan engagement. This mannequin challenges the normal Web2 system, which frequently advantages solely a small variety of dominant artists, with the aim of distributing rewards extra equitably throughout the {industry}, working with the fan base to find and develop new expertise.
To tie all of it collectively, particle networks play an important position in making Web3 experiences extra accessible and intuitive by means of chain abstractions. This simplicity of person expertise is anticipated to vary the way in which content material is exchanged and monetized within the music {industry}.
About Elacity
Elacity transforms digital asset administration by means of “digital capsules” – encrypted digital property on a decentralized community. These capsules present safe playback and tradable entry, distribution and royalty rights by way of blockchain expertise, enabling creators to monetize their property globally. This secure, clear and truthful mannequin subverts the normal digital rights administration system.
For extra data, please go to: https://docs.ela.city/
About BeatFarm
BeatFarm is a Web3 music distribution platform that permits artists to mint and burn their music to a number of blockchains concurrently whereas additionally connecting instantly with their tremendous followers. BeatFarm goals to democratize music distribution utilizing blockchain expertise, giving artists unprecedented management over their work and direct entry to followers.
For extra data, please go to: https://beatfarm.io/
About Particle Networks
Particle Community is fixing the person fragmentation and mobility problems with Web3 by means of common accounts. Particle’s chain abstraction is powered by the Cosmos SDK L1 blockchain, enabling a single account, stability, and tackle expertise that works throughout all chains, permitting customers to work together with any dApp and pay for gasoline utilizing any token.
For extra data, please go to: https://particle network/
Binance Free $600 (CryptoPotato Unique): use this link Join a brand new account and get an unique $600 welcome supply from Binance (full details).
BYDFi Change 2024 Restricted Time Provide: Welcome Bonus As much as $2,888, use this link Register at no cost and open a place of 100 USDT-M!
