Settlus Partners with evmOS to Revolutionize the Creator Economy
Settlus, a Layer 1 blockchain built on the Cosmos SDK, is excited to announce its partnership with evmOS, the modular EVM stack trusted across the interchain ecosystem. Integration with evmOS is a significant step forward in providing a transparent settlement system tailored for the creator economy. Settlus is a purpose-built blockchain designed to flourish the creator ecosystem.
evmOS, known for its modular and robust EVM stack, brings tried and tested reliability within the interchain. By integrating evmOS, Settlus will leverage its accounts, gas, and fees systems, enabling the creation of a comprehensive ecosystem around NFT licenses. This includes marketplaces where game developers can sell their licenses to publishers and other interested parties.
By integrating evmOS, Settlus has created a seamless onboarding experience for EVM users. Users familiar with the EVM environment can use Settlus chain dApps with their familiar infrastructures. Builders looking to engage with Settlus can easily develop projects using evmOS’s trusted technology stack.
How will Settlus flourish Creator Economy?
Settlement Module
The Settlus team believes that as the creator ecosystem expands, a fair and transparent share of the pie will be a crucial feature for creators. On Web2 platforms, creators often have limited information about their earnings and cannot verify if their compensation is fair.
To solve this problem, Settlus created the Settlement Record Module. This module is built into the blockchain, allowing Web2 products to transparently publish any information they want on the blockchain. Platforms can use the Settlement Record Module to record important metrics for creators transparently and fairly. Creators can verify their share by checking the settlement record, which contains the value they have generated, ensuring they receive fair settlements.
Oracle Module for Bridgeless NFT Interoperability
In the web3 era, where creators own their IP, interoperability to utilize their IP becomes crucial. Settlus has built the Oracle Module to enable NFTs to be bridgelessly interoperable. Settlus reads block information from external chains such as Ethereum to identify NFT owners. Individuals who own NFTs can verify their ownership and use their NFTs on the Settlus chain without the need for bridging.
This functionality can be utilized on OVERDARE, the first product to be onboarded to Settlus. Users can create avatars, games, and more based on their own NFTs. Bridgeless NFT Interoperability will pave the way for more creators to utilize their IP on Settlus in the Web3 era.
Settlus is currently in the testnet phase, with plans to launch the mainnet in Q4 2024.
Looking Ahead
As Settlus approaches the mainnet launch in Q4 2024, the team and evmOS are committed to refining and expanding the platform’s capabilities. The goal is to provide every creative individual with the tools they need to succeed in the digital economy. With the integration of evmOS, Settlus is poised to become a cornerstone of the creator economy, offering a transparent, efficient, and reliable system for managing and monetizing intellectual property.
Stay tuned for more updates as we continue to innovate and build the future of the creator economy. For more information and to participate in the testnet, visit Settlus’s official website.
About Settlus
Settlus is a Layer 1 blockchain built with Cosmos SDK and evmOS, designed to empower and expand the creator ecosystem. With innovative features such as Settlement Module and Oracle Module for Bridgeless NFT Interoperability, Settlus offers creators unprecedented control and transparency over their IPs and earnings. To learn more about how Settlus is revolutionizing the digital landscape, visit Settlus.org and check the whitepaper.
About Evmos
Evmos is an interoperable EVM blockchain designed for cross-chain dApp development.
With groundbreaking roadmap features, such as Outposts and the Evmos dApp Store, Evmos allows developers to take advantage of the IBC and connect their smart contracts to the interchain ecosystem. The Evmos chain is built with evmOS and remains its flagship demonstration.
evmOS is a production-ready modular solution designed to bring EVM compatibility to web3 businesses. Built with Cosmos SDK, evmOS comes with IBC, CometBFT and enables projects to fully customize their chain logic and go beyond standard generic smart contract platforms. With continuous upgrades and maintenance, evmOS empowers anyone to deliver unmatched experiences with their EVM blockchains.
This revolutionary technology frees developers from the confines of today’s siloed blockchains.
The future is cross-chain.
Helpful Resources
🎮 Evmos dApp Store: https://store.evmos.org
🖥 Evmos Website: https://evmos.org
💻 Developer Documentation: https://docs.evmos.org
👾 Official Discord: https://discord.gg/evmos
🐙 GitHub: https://github.com/evmos/evmos
📯 Telegram: @EvmosOrg
📄 Blog: https://blog.evmos.org
🌋 Evmos Careers: https://evmos.org/careers
DISCLAIMER: None of this is financial advice. This content is strictly for educational purposes. It’s not investment advice or a solicitation to buy or sell any assets.
