September 20, 2023 – Dubai, United Arab Emirates

Ottochain, an innovative multi-chain ecosystem, is delighted to acknowledge the contributions of EVMOS and Ethereum layer two, the giants upon whose foundation it proudly stands.

Today, Ottochain is pleased to announce its open invitation to the EVMOS and Ethereum layer two communities, extending a hand of collaboration and demonstrating its commitment to innovation, community involvement, and interoperability.

Built on the foundation of greatness

Ottochain is a revolutionary application-specific blockchain (Appchain) within the Octopus Network. By utilizing the Octopus 2.0 interchain modules, which include Cosmos SDK, Near Restaking, and Adaptive IB, Ottochain has deep connections within the Ethereum ecosystem. For more information about Octopus 2.0, please visit here.

The story of Ottochain begins with EVMOS. Evmos is a groundbreaking project that aims to integrate Ethereum assets and decentralized applications with the Cosmos ecosystem’s SDK. EVMOS has been a source of inspiration and a crucial element in Ottochain’s development. By leveraging the codebase and principles of EVMOS, Ottochain is able to offer Ethereum-compatible smart contracts and DApps while benefiting from the strength and innovation that EVMOS represents. Ottochain acknowledges the hard work and dedication of the EVMOS community and is excited to be part of this shared journey. To learn more about EVMOS, please visit here.

Fair launch and a community-driven philosophy

Ottochain takes pride in its fair launch, driven by a dedication to decentralization and community participation. Unlike many projects in the blockchain space, Ottochain has chosen not to seek venture capital funding. Instead, Ottochain has placed its trust in the blockchain community, offering everyone an equal opportunity to participate and shape the future of Ottochain.

The launch philosophy of Ottochain is simple – ensuring a truly open and equitable distribution of tokens through airdrops, community engagement, and participation. Ottochain believes in the power of the community to drive innovation and growth. As such, a portion of the token supply has been allocated to reward those who actively engage with Ottochain, whether through development, governance, or simply being part of the conversation.

Airdrops for the community

Community empowerment is not just a catchphrase at Ottochain – it is a way of life. To emphasize this commitment, Ottochain has designed a series of airdrops for various communities and individuals. These airdrops are not just about tokens; they are about recognizing and rewarding the passion and dedication of the community. Ottochain understands that the power of decentralization lies in the hands of the many, not the few, and these airdrops celebrate that belief.

Reaching out to Ethereum layer two

Ethereum layer two (ETH L2) represents a thriving ecosystem of solutions aimed at scaling the Ethereum network, reducing transaction costs, and enhancing the user experience. At Ottochain, the team 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 allows for 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 – the pillars of scalability

These technologies have not only addressed some of the most pressing challenges in 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 aims to harness their capabilities to create a multi-chain ecosystem that is powerful, accessible, and sustainable.

Join Ottochain on this journey

Ottochain is more than just a blockchain – it is a community-driven ecosystem where every voice matters. The Ottochain team is eager 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 towards 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.

Conclusion

Ottochain’s tribute to EVMOS and Ethereum layer two goes beyond a simple 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 bounds.

For more information, please visit Ottochain’s website, Telegram, Discord, X, and LinkedIn. To learn more about Octopus Network, visit the website.

Contact: Dr. Damilola Oguntola, Ottochain

This content is sponsored and should be seen as promotional material. The 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 conduct their own 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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