Epic Chain: Definition and Advantages

Bittime - Epic Chain is an innovative ecosystem that connects traditional finance with decentralized finance (DeFi). So, what is Epic Chain? Read this article to find out!

Through tokenization technology, Epic Chain opens up opportunities for anyone to own, trade, and profit from real-world assets such as property, credit, and even rare collectibles.

This article will provide a comprehensive overview of Epic Chain, how it works, the EPIC token, and its advantages for users in the Web3 era.

What is Epic Chain (EPIC)?

Epic Chain is a blockchain platform focused on tokenization of Real World Assets (RWA). 

The goal is simple but ambitious: to bridge the traditional financial world with blockchain technology so that assets such as property, credit, and collectibles can be digitally owned and accessed globally.

This project was born from the idea of ​​transforming the way people invest and transact with real assets. Epic Chain provides a secure and transparent infrastructure that allows individuals and institutions to convert physical assets into digital tokens that can be traded globally.

Additionally, Epic Chain operates in over 150 countries and has developedRWA superstructure, a system that connects the consumer sector and capital markets in one integrated blockchain ecosystem.

Read also: What Is Ripple USD (RLUSD)? Check Out Its Tokenomics Details!

How Epic Chain (EPIC) Works

Epic Chain carriesdual network architecturewhich combines flexibilitysmart contractof Ethereum with the transaction speed of XRP Ledger.

Initially, the EPIC token was launched asERC-20 tokenon the Ethereum network. However, the project is currently migrating tosidechainXRP Ledger is compatible with EVM (Ethereum Virtual Machine).

In this way, Epic Chain leverages the advantages of two networks at once: the security and widespread adoption of Ethereum, and the low transaction costs and high speed of XRP.

This integration is also supported byRipple USD (RLUSD), a dollar-based stablecoin that enables cross-border transactions to run more efficiently and aligns with the needs of large financial institutions.

In its ecosystem, Epic Chain has various products, one of which isFanable, an RWA platform for digital collectibles that has generated over US$1.2 million per year from transaction fees on the blockchain.

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About EPIC Token and its Tokenomics

The EPIC token serves as the primary fuel for the ecosystem. It's used for various activities such as staking, transactions, and incentives for active users on the platform.

Epic Chain Advantages

1. Connecting the Real and Digital Worlds
   Epic Chain allows real assets such as property and collectibles to be owned in digital form, creating broader investment opportunities.

2. Efficient Dual Architecture
   The combination of the Ethereum network and the XRP Ledger makes transactions faster, cheaper, and more secure.

3. Integrated Ecosystem for Consumers and Institutions
   Epic Chain not only focuses on large investors, but also offers products like Fanable that are accessible to general users.

4. Real Income from RWA Products
   With Fanable generating over 1.2 million US dollars per year, Epic Chain is showing real evidence of adoption in the market.

5. Global Support and Regulatory Compliance
   Operating in more than 150 countries, the project builds a foundation that aligns with international compliance standards, making it easier for widespread adoption.

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Conclusion

Epic Chain is a blockchain project that has a big vision in connecting the real and digital worlds through asset tokenization.

With a dual-network architecture and a real product like Fanable, this project is not just an idea, but a concrete step towards a more inclusive and efficient digital financial future.

For those interested in real assets on the blockchain, Epic Chain could be a project worth following, especially given its strong growth potential in the global RWA sector.

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FAQ

What is Epic Chain?

Epic Chain is a blockchain which is used to create and trade real world assets (RWA)such as artwork, collectibles, and property. The tokens are used to staking, governance, and gas-free transactions in the Epic ecosystem.

Is Epic Chain supported by Ripple?

Epic Chain (formerly Ethernity Chain) is powered by Ripple. This platform is built in a native on XRP and aims to build a scalable infrastructure for RWA tokenization to unlock access to over $50 trillion worth of global assets.

Who is the CEO of Epic Chain?

Epic Chain CEO isAdrian BaschukHe is a media entrepreneur and innovator.blockchainwho co-founded Crypto Banter and has worked with CNBC, CNN, Current TV, and Discovery.

What is the function of Epic Chain?

Epic Chain (EPIC) is a platform blockchain which is focused on real-world asset tokenization (RWA)such as property and commodities. This platform serves as a layer-2 solution on the XRP Ledger, with the aim of bridging traditional finance and blockchain by making RWA tradable, in-stake, and spent at on-chain.