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In the world of blockchain, a remarkable phenomenon is occurring: the ERA token is becoming an important component of the multi-chain ecosystem. This is not just an ordinary gas token, but plays a key role across 75 different blockchains.
From artificial intelligence to gaming, and then to supply chain management, the application scope of the ERA token is continuously expanding. On the AI chain, each call to the image recognition model requires the consumption of 0.1 ERA. In the gaming chain, every transaction of metaverse items deducts 0.05 ERA. Even in the logistics settlement of cross-border supply chains, ERA is used as an 'intermediary currency'. Currently, there are 300,000 transactions consuming ERA daily across these 75 chains, showcasing its potential as the 'universal electric card' in a multi-chain world.
Another significant advantage of ERA is its cross-chain capability. Users can purchase ERA on Ethereum and then transfer it directly to the Polygon chain for use, with transaction fees being 80% lower than traditional cross-chain bridges and speeds being 5 times faster. This high efficiency and low cost feature gives ERA a tremendous advantage in cross-border payments. Cross-border e-commerce companies have found that using ERA for cross-chain payments can reduce costs from 3% to 0.5%, greatly enhancing operational efficiency.
With the addition of 5 to 8 new chains to the ecosystem each month, each new chain requires a reserve of 1 million ERA as 'startup fuel', and the demand for ERA is expected to continue growing. This 'more chains, higher demand' development model has attracted the attention of institutional investors. It has been reported that Grayscale recently increased its ERA holdings by 15%, indicating a positive outlook from institutions on the future development of ERA.
Although the current price of ERA is still relatively low, its value potential is worth paying attention to as its importance in the multi-chain ecosystem continues to rise. For those who are interested in the development of blockchain technology and seeking potential investment opportunities, the ERA token is undoubtedly a subject worth further study.