Lamina1 (L1) Raises $5M Backed by ConsenSys and Ethereum's Joseph Lubin

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Lamina1 (L1) Raises $5M Backed by ConsenSys and Ethereum's Joseph Lubin

출처: Block Media

Lamina1 Secures $5 Million in Funding: A Transformative Step in Decentralized IP Ownership

Expanding the Horizon of Creator-Centered Intellectual Property

Lamina1, a pioneering blockchain protocol focused on intellectual property (IP) and content ownership, announced a significant milestone on October 25th: the successful completion of a $5 million funding round backed by major industry figures, including Ethereum co-founder Joseph Lubin and Consensys, his blockchain infrastructure company. This strategic investment solidifies Lamina1’s mission to revolutionize creator-centered IP ownership and emerge as a key player in decentralized media ecosystems.

Lamina1's Ambitious Vision for Creators

Co-founded by acclaimed science fiction author Neal Stephenson and Rebecca Barkin, Lamina1 is setting the stage for a paradigm shift in how creators retain control over their work. The protocol aims to address long-standing inequities within the traditional media industry, where creators often face limited ownership and inequitable revenue-sharing models. By leveraging blockchain technology, Lamina1 empowers artists, writers, and content creators to maintain full ownership of their intellectual property, establish transparent commercial rights, and engage directly with audiences.

The funds secured in this round will fuel two flagship initiatives:

  1. Artifact – A blockchain-based game designed to harness decentralized technology to enhance interactive storytelling and gameplay by giving creators greater control of in-game assets.
  2. Spaces – A creator-focused IP platform that facilitates transparent ownership designation and equitable revenue sharing, ensuring creators and contributors receive fair monetization for their work.

These projects aim to redefine how intellectual property is developed, distributed, and monetized within the evolving Web3 ecosystem.

Joseph Lubin’s Influence and Expansion to Linea Layer 2

The involvement of Joseph Lubin underscores the strategic importance of Lamina1’s vision. As co-founder of Ethereum and head of Consensys, Lubin has been instrumental in building essential blockchain tools like MetaMask, which serves over 100 million users globally, and Infura, a critical infrastructure provider powering Ethereum-based applications.

Originally built on Avalanche (AVAX), Lamina1 is now preparing to expand its ecosystem to Linea, an Ethereum Layer 2 network developed by Consensys. This transition exemplifies Lamina1’s commitment to providing creators with faster transaction speeds, reduced fees, and scalable solutions, all while benefiting from Ethereum’s security framework.

Linea employs advanced zero-knowledge (ZK) rollup technology, enabling efficient and cost-effective transactions. For media and gaming projects with large user bases, such capabilities are essential for scaling decentralized applications and ensuring seamless user experiences.

Support from Industry Leaders

Beyond Lubin and Consensys, Lamina1 has garnered support from tech and entertainment heavyweights, including Reid Hoffman, co-founder of LinkedIn, and Bing Gordon, co-founder of Electronic Arts. These early investors bolster the project’s credibility as a transformative player in blockchain-driven innovation for Hollywood and beyond.

According to a Lamina1 spokesperson, “This funding marks a pivotal moment for accelerating blockchain-driven IP innovation across global entertainment sectors, including Hollywood.”

Lamina1’s Role in the Blockchain Economy

Lamina1 also operates a project token, $L1, which serves as an integral component of the platform’s economy. The token is currently active on prominent cryptocurrency exchanges such as Gate.io, MEXC, and LFJ, facilitating global trade and adoption.

A New Era for Decentralized Media

Lamina1’s fundraising success and alignment with Ethereum luminaries reflect the growing influence of blockchain in transforming traditional media landscapes. By enabling creators to reclaim ownership of their work, engage directly with their audiences, and monetize content equitably, Lamina1 is leading the charge towards true decentralization in the global entertainment and gaming industries.

With this funding, Lamina1 is positioned to redefine intellectual property management, offering a more inclusive, transparent, and sustainable ecosystem for creators, contributors, and audiences alike.

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