🚀ERA: Is the hidden dark horse of the new cycle taking off?
One of the projects that has recently gone viral on Binance Square is ERA (Era Name Service). Many people may not yet fully understand its value, but based on on-chain data and community enthusiasm, ERA is gradually becoming a candidate for the "next explosive point."
The core track of ERA is decentralized identity and naming services, similar to ENS on ETH, but it has chosen a multi-chain expansion path. This means that ERA is not limited to a single public chain, but allows users to use a unified identity across different ecosystems, which has a natural demand advantage in applications such as cross-chain assets, GameFi, and SocialFi.
Why is the market starting to pay attention to ERA?
1️⃣ Rising popularity: Recently, the number of users in the ERA community has surged, and discussions on Twitter and TG have continued to rise, clearly entering the "emotional warming period" of the crypto circle.
2️⃣ Application value: Identity systems are a necessity for Web3. ERA is not just about issuing domain names; it is also an entry point for carrying DID (Decentralized Identity) and on-chain social relationships.
3️⃣ Narrative space: The current market is extremely eager for new narratives, and DID and cross-chain unified identities just fill this gap.
Compared to the high market value of ENS, ERA's current size is still very small. Once the narrative is ignited, there is very large imagination space. Many people believe that ERA may be the most promising dark horse in this round of the DID track.
💡 In simple terms: ERA is the underlying infrastructure for Web3 identity. The earlier you get in, the more likely you are to reap the first wave of benefits from the DID explosion.
👀 What does everyone think, will ERA become the next ENS?