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Unveiled in 2023, Ethernity Cloud platform leverages cutting-edge blockchain developments to advance the sphere of decentralized physical infrastructure networks (DePINs).
Ethernity Cloud enhances opportunities of DePIN applications
In its operations, Ethernity Cloud leverages cutting-edge tech developments for data protection and secure transfer between customers. It uses IPFS, SGX, Docker and Vagrant, together with smart contracts, in order to establish a holistic decentralized computations ecosystem.
The platform relies on decentralized architecture of geo-distributed validation nodes. Its decentralized infrastructure eliminates the need for middle-men and third-party interactions.
Ethernity Cloud is an innovative platform in the decentralized physical infrastructure network (DePIN) space. DePIN represents an evolutionary shift from traditional, centralized networks to systems where power, data and control are distributed across numerous nodes, improving security, reliability and efficiency.
This transition is particularly relevant to cloud computing, a sector that is becoming more important but is faced with privacy, security, and monopolistic concerns.
Liquidity initiatives and airdrop on Gleam: Community programs by Ethernity Cloud
One of the biggest factors of Ethernity Cloud’s growth in recent months should be attributed to the launch of ECLD’s Liquidity Reward Program on Polygon. ECLD is a core native utility and governance token of Ethernity Cloud and a backbone element of its tokenomic design.
Ethernity Cloud announced the launch of its liquidity mining program, welcoming users to provide liquidity on its Quickswap DEX pools and, in turn, earn rewards. This provides users with an easy stake-to-earn account, unlocking economic opportunities for users.
To bootstrap liquidity into its pools, Ethernity Cloud rewarded early liquidity providers with a pool of two million ECLD tokens. Additionally, the platform also added liquidity farms to enhance rewards and offer users up to triple-digit APR on the WMATIC-ECLD pool on Quickswap.
Riding on the Solana ecosystem airdrop frenzy, Ethernity Cloud partnered with Gleam to offer over 30,000 ECLD tokens in an airdrop on March 12, at the height of the token's growth. The airdrop campaign, DePIN Awareness Series, is aimed at enhancing awareness of the DePIN sector and, crucially, ECLD's role as a utility token.
The Future of the DePIN Sector
As the DePIN ecosystem continues to grow into the future, Ethernity Cloud is expected to offer more innovative solutions for managing physical resources on a decentralized blockchain network. Moreover, DePIN technology aims to bridge the gap between the digital and physical worlds by enabling the seamless integration of real-world assets, such as renewable energy sources and storage providers, into decentralized infrastructure networks. This will open more utilities for such projects and offer users extended capabilities and economic opportunities, as well as solve the challenges of security, transparency, and centralization of data.
In essence, while Ethernity Cloud illustrates the immediate potential of DePIN, the broader narrative is about how decentralized technologies are reshaping our digital infrastructure. The journey of DePIN is just beginning, but it points to a future where the digital world is accessible, secure, and aligned based on decentralization. As we move forward, the conversation around DePIN and projects like Ethernity Cloud will undoubtedly continue to grow, drawing more attention to the exciting possibilities of decentralized infrastructure in the blockchain and beyond.
Alex Dovbnya
Valeria Blokhina
