Ottochain Pays Tribute to EVMOS and Ethereum’s Layer Two Scaling Solution
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Ottochain Pays Tribute to EVMOS and Ethereum’s Layer Two Scaling Solution

September 20, 2023 – Dubai, United Arab Emirates
In a groundbreaking move, Ottochain, a trailblazing multi-chain ecosystem, is expressing its utmost admiration for EVMOS and Ethereum layer two, the giants upon whose shoulders it proudly stands.

Today, Ottochain is thrilled to extend an open invitation to the EVMOS and Ethereum layer two communities, offering a collaborative hand and showcasing its commitment to innovation, community participation, and interoperability.

Built within the Octopus Network, Ottochain is a groundbreaking application-specific blockchain (Appchain). It utilizes the Octopus 2.0 interchain modules, including Cosmos SDK, Near Restaking, and Adaptive IB, and has deep roots in the Ethereum ecosystem.

To learn more about Octopus 2.0, please visit here.

The story of Ottochain begins with EVMOS, a new frontier in the crypto space that aims to integrate Ethereum assets and decentralized applications with the Cosmos ecosystem’s SDK (software development kit). EVMOS has been an inspiration and a vital component in Ottochain’s development.

By leveraging the codebase and ethos of EVMOS, Ottochain can offer Ethereum-compatible smart contracts and DApps while inheriting the robustness and innovation that EVMOS represents. Ottochain is grateful for the hard work and dedication of the EVMOS community and is delighted to be part of this shared journey.

To learn more about EVMOS, please visit here.

Ottochain takes immense pride in its fair launch, driven by a commitment to decentralization and community participation. Unlike many projects in the blockchain space, Ottochain has chosen not to pursue venture capital funding. Instead, they have placed their trust in the blockchain community, offering everyone an equal opportunity to participate and shape Ottochain’s future.

Ottochain’s launch philosophy is simple – a truly open and equitable distribution of tokens through airdrops, community engagement, and participation. They firmly believe in the power of the community to drive innovation and growth. As a testament to this belief, Ottochain has allocated a portion of its token supply to reward those who actively engage with Ottochain, whether through development, governance, or simply being part of the conversation.

Community empowerment is not just a slogan at Ottochain – it is a way of life. To demonstrate this commitment, Ottochain has devised a series of airdrops for various types of communities and individuals. These airdrops go beyond tokens; they are a celebration of the community’s passion and dedication. Ottochain understands that the power of decentralization lies in the hands of the many, not the few.

Ethereum layer two (ETH L2) represents a flourishing ecosystem of solutions aimed at scaling the Ethereum network, reducing transaction costs, and improving the user experience. Ottochain recognizes the significance of Ethereum layer two in shaping the future of Ethereum and decentralized applications.

The Ottochain team extends its hand to the Ethereum layer two community, inviting collaboration and dialogue. Ottochain’s Ethereum compatibility offers seamless integration with existing Ethereum-based applications and tools. The team sees the potential for synergies that can drive the adoption of layer two scaling solutions and is eager to explore partnerships and collaborations in this space.

EVMOS and Ethereum layer two are the cornerstones of scalability. These technologies have not only addressed some of the most pressing challenges facing blockchain, such as scalability and cost-effectiveness, but they have also demonstrated a commitment to community-driven development. Ottochain recognizes the significance of these advancements and seeks to harness their capabilities to create a multi-chain ecosystem that is powerful, accessible, and sustainable.

Ottochain is more than just a blockchain – it is a community-driven ecosystem where every voice matters. The Ottochain team is there to learn, grow, and collaborate. They value the input and expertise of the EVMOS and Ethereum layer two communities and look forward to the possibilities that lie ahead. Together, the community can push the boundaries of what is possible in the world of decentralized technology.

Ottochain invites everyone to engage with them, share ideas, and join them on this exciting journey toward a more inclusive and interconnected blockchain future.

Engage with Ottochain:
Developers – Dive into Ottochain’s open-source projects. Join a community that thrives on innovation and collaboration. Your code can change the world.
Community members – Ottochain has airdrops waiting. Participate and shape the future of decentralized technology.
Partnerships – Ottochain is open to partnerships that advance the cause of decentralization and blockchain innovation.

In conclusion, Ottochain’s tribute to EVMOS and Ethereum layer two is more than just a press release – it is a declaration of their vision. Together, the community is writing the next chapter of the blockchain revolution. Join Ottochain on this exhilarating journey and help shape a future where decentralization knows no limits.

For more information, please visit Ottochain’s links below:
Website | Telegram | Discord | X | LinkedIn

To learn more about Octopus Network, please visit the website.

Contact:
Dr. Damilola Oguntola, Ottochain

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups, or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups, or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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