The First Project Report: Pioneer of the Layer 2 Era Epic Chain
As the blockchain industry continues to evolve, emerging public chain projects are constantly emerging, driving the entire ecosystem towards a more efficient, secure, and intelligent direction. Epic Chain, as an innovative blockchain, is rapidly attracting market attention with its high-performance architecture, cross-chain compatibility, and decentralized finance (DeFi) ecosystem at its core.
## What is Epic Chain?
Since the birth of Bitcoin, blockchain technology has expanded from a simple digital currency application to multiple fields such as finance, supply chain, healthcare, and entertainment, changing traditional trust mechanisms and business processes. With the rapid development of the blockchain market, scalability, transaction efficiency, and integration of real-world assets have become core issues that the industry urgently needs to address.
Epic Chain is a future-oriented high-performance blockchain network focused on solving the scalability, security, and interoperability issues of existing public chains. The project provides underlying infrastructure support for decentralized finance (DeFi), NFTs, GameFi, social applications, and cross-chain interactions through innovative consensus mechanisms, modular design, and smart contract optimization.
As a Layer 2-based blockchain ecosystem project, it offers innovative solutions through Rollup technology, large-scale scalable architecture, integration of real-world assets (RWAs), and applications in the entertainment field. Before upgrading to Epic Chain, the project operated as Ethernity Chain, accumulating rich experience in the NFT and digital asset trading fields. In February 2025, the project successfully upgraded to a Layer 2 ecosystem and completed a 1:1 token swap from ERN to EPIC, further consolidating its competitiveness in emerging markets.
Epic Chain's goal is not only to provide efficient, low-cost Layer 2 transaction processing capabilities but also to promote the on-chain and tokenization of real-world assets and explore new business models in the decentralized entertainment industry.
It adopts a highly scalable architecture that can support high-throughput transactions and significantly reduce gas fees, enabling developers to more easily build decentralized applications (DApps). At the same time, the project offers flexible cross-chain interaction protocols that allow assets and data to flow freely between different blockchains, thereby enhancing the liquidity and composability of the entire ecosystem.
As an emerging force in the blockchain industry, Epic Chain focuses not only on technological innovation but also on creating an open, transparent, and fair blockchain ecosystem, providing global users with an efficient and secure digital asset trading environment. With the EPIC token set to launch on The First trading platform, the ecological application scenarios and market value of Epic Chain will further expand, attracting more institutional and individual investors' attention.
## Epic Chain Operating Model
The ecological operation logic of Epic Chain is based on its advanced blockchain architecture and decentralized protocols, mainly including consensus mechanisms, smart contract execution, cross-chain interactions, and ecological incentives.
First, Epic Chain adopts an efficient consensus mechanism that enables the blockchain to achieve fast transaction confirmations while ensuring security. This mechanism not only reduces block generation time but also enhances transaction throughput, ensuring the efficient operation of the network. Secondly, Epic Chain's smart contract platform supports EVM (Ethereum Virtual Machine) and WASM (WebAssembly) compatibility, allowing developers to easily deploy and migrate smart contracts, thereby facilitating the landing of more decentralized applications.
Cross-chain interaction is a major highlight of the Epic Chain ecosystem. The project has built a flexible cross-chain protocol that allows assets and data on different blockchains to circulate securely and efficiently, breaking down the barriers between isolated chains. This feature makes Epic Chain a bridge between multiple blockchain ecosystems, greatly enhancing its application value.
In terms of ecological incentives, Epic Chain adopts a token incentive model that encourages users to participate in network maintenance, staking, liquidity mining, and DApp usage. The EPIC token plays a key role in this, being used for transaction fee payments, ecological governance, and staking incentives, providing strong support for the healthy development of the entire network.
## Core Technology of Epic Chain
Epic Chain has several innovations in its technical architecture, including high-throughput sharding technology, efficient consensus mechanisms, cross-chain bridging protocols, and privacy protection technologies.
Epic Chain employs sharding technology, distributing transactions and data storage across multiple parallel shards, thereby improving network throughput and reducing the computational burden on individual nodes. This architecture allows Epic Chain to support large-scale concurrent transactions, meeting the needs of high-frequency applications such as DeFi and GameFi.
The project introduces an innovative consensus mechanism that combines Proof of Stake (PoS) and Byzantine Fault Tolerance (BFT) technology, significantly improving transaction confirmation speed and energy efficiency while ensuring decentralized security. Additionally, Epic Chain has a powerful built-in cross-chain bridging protocol that allows users to easily transfer assets between different blockchains, achieving efficient cross-chain interoperability.
In terms of privacy protection, Epic Chain employs zero-knowledge proofs (ZKP) and ring signature technology to ensure the confidentiality of user transaction information while meeting compliance requirements. This technological advantage gives Epic Chain broad application prospects in financial applications, privacy transactions, and identity protection.
## Founding Team and Financing Information of Epic Chain
Epic Chain is built by a team of experienced blockchain technology and finance experts, with core members from top technology companies, financial institutions, and well-known projects in the blockchain industry. The team has a solid technical foundation in smart contract development, blockchain security, and DeFi architecture design, providing strong support for the stable operation of Epic Chain.
In terms of financing, Epic Chain has received support from several well-known venture capital institutions, including Web3 funds, DeFi alliances, and top global blockchain capital. Its early financing rounds have raised funds from multiple large investment funds.
In the Seed round in February 2022, the project raised $20 million from Polychain Capital, Xpring Capital, Kenetic Capital, Morningstar Ventures, and others. Previously, in the Strategic round in February 2021, the project raised $2.8 million from Black Edge Capital, Woodstock, GBV Capital, Spark Digital Capital, Morningstar Ventures, and others. Additionally, in the public sale round in March 2021, the project attracted $275,000 from individual investors. This influx of institutional funds not only validates the market's high recognition of Epic Chain but also lays a solid foundation for the project's long-term development.
## Token Economics of Epic Chain
The EPIC token is the core asset of the Epic Chain ecosystem, with various uses including transaction fee payments, ecological governance, staking mining, and liquidity incentives. Its economic model adopts a deflationary mechanism, with a portion of transaction fees used for buyback and destruction to reduce market circulation and enhance token value. The total supply of EPIC tokens is 30,000,000, with the following distribution ratios:
Staking/Mining: 12% (3,600,000 EPIC)
Private Placement: 30.64% (1,092,000 EPIC)
Public Sale: 3.33% (999,000 EPIC)
Liquidity: 5% (1,500,000 EPIC)
Team and Advisors: 20% (6,000,000 EPIC)
Partner Development: 8% (2,400,000 EPIC)
Ecosystem Development and Expansion: 6% (1,800,000 EPIC)
Reserve Fund: 15% (4,500,000 EPIC)
In addition, the EPIC token also supports a staking model, allowing users to participate in network consensus and earn additional rewards by staking EPIC. This mechanism not only increases the token's lock-up rate but also contributes to the security and stability of the network. As the ecological applications continue to expand, the use cases of EPIC will become richer, providing holders with more opportunities for value growth.
## Future Value Analysis of EPIC
From the market trend perspective, Epic Chain, with its strong technical foundation, rich ecological applications, and innovative cross-chain interaction capabilities, is expected to become an important representative of the next generation of high-performance public chains. Its efficient transaction processing capabilities and low-cost advantages provide it with broad landing space in multiple fields such as DeFi, NFTs, and GameFi. Furthermore, as the demand for cross-chain interoperability in the blockchain industry grows, Epic Chain's cross-chain solutions will further enhance its market competitiveness.