Euterpe Partners with Mysten Labs to Launch Next-Generation Web3 IP-Powered NFT Platform on Sui Layer 1 Blockchain
San Francisco, California, May [ ], 2023 — Euterpe, the world’s first IP-powered NFT-as-a-service platform, today announced a strategic partnership with Mysten Labs, a web3 infrastructure company and original contributor to the Sui Layer 1 blockchain. This partnership will enable Euterpe to deploy its IP NFT platform on Sui to provide users with a unique NFT experience.
Euterpe’s choice to launch on Sui can be attributed to several factors, including the platform’s popularity, potential for growth, low transaction fees, fast processing times, lower deployment costs, and technology that is better suited to the development and deployment of IP NFTs.
NFTs represent a technology with vast potential that introduces a new paradigm for managing and trading digital assets, while also expanding the scope for cultural and artistic creation in the digital realm. As the digital age continues to exert its influence, the growing force of NFTs is unstoppable. Euterpe seeks to advance the adoption and evolution of NFTs within the entertainment sector, enriching the experience for users with a more immersive and multifaceted approach.
Euterpe’s expertise in IP NFT development and strong community support will help drive the growth and adoption of NFTs on Sui. By leveraging Sui’s unique and decentralized NFT infrastructure and smart contracts, Euterpe aims to deliver best-in-class experiences to more users. Both parties will share resources and collaborate to drive innovation and growth in the blockchain space.
Euterpe plans to launch its SocialFi features in May, providing users with new ways to interact with their NFTs and each other. Once the cross-chain deployment is complete, Euterpe will initiate an airdrop campaign to incentivize users to take advantage of the new cross-chain capabilities by completing a series of tasks.
This partnership marks a significant step toward advancing the adoption and evolution of NFTs. As the digital age continues to exert its influence, the power of NFTs remains unstoppable, and both Euterpe and Sui are poised to lead the way in this rapidly evolving space.
About Mysten Labs
Mysten Labs is a team of leading distributed systems, programming languages, and cryptography experts whose founders were senior executives of Meta’s Novi Research and lead architects of the Diem blockchain and Move programming language. The mission of Mysten Labs is to create foundational infrastructure for Web3.
Learn more: https://mystenlabs.com
About Sui
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.
Learn more: https://sui.io
About Euterpe
Euterpe is the world’s first IP-powered NFT-as-a-service platform, dedicated to building a professional B2C marketplace of high-quality IP NFTs that are immune from infringements and scams prevalent on other NFT platforms. Euterpe’s marketplace also features an inherent SocialFi ecosystem, turning passive fans into proactive stakeholders who strive to earn mining rewards by contributing to the community. Euterpe aims to empower artists, creators, and intellectual property owners by leveraging blockchain technology to unlock new opportunities and value for their works.
Website: https://www.eut.io/q1/home
Zealy: https://t.co/e3CyyJilWB
Twitter: https://twitter.com/eut_io
Telegram: https://t.me/euterpeofficial
Medium: https://medium.com/@eut_io
Discord: https://discord.gg/euterpe
