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Ethernity (ERN) is a platform based on blockchain technology that seeks to leverage the growing popularity of non-fungible tokens (NFTs). It is positioned as a decentralized finance (DeFi) crossover project with authenticated NFTs. Within the Ethernity ecosystem, all NFTs can be exchanged on-chain. The platform aims to create a conducive environment for all active community members to participate in its ERN token ecosystem. Ethernity's ERN is a token based on the Ethereum blockchain, with a maximum supply of 30,000,000 tokens.
Ethernity operates by enabling celebrities to promote artwork or bespoke card tokens while raising funds for charities. It provides a platform for artists, brands, and influencers to sell NFTs. The ERN token, an ERC-20 proof-of-stake (PoS) token based on the Ethereum network, plays a crucial role in the Ethernity ecosystem. The token's public release occurred on March 8.
Ethernity seeks to popularize NFT-based digital art and support charitable causes through partnerships with leading figures in the blockchain, music, and entertainment industries. It provides a platform for celebrities to advertise artwork or bespoke card tokens while raising funds for charities. Artists, brands, and influencers can also use Ethernity to sell their NFTs. The platform encourages participation in the Ethernity ecosystem.
Ethernity was created by Nick Rose Ntertsas, who also serves as the CEO. He holds the position of the chief digital officer at Global Wildlife Conservation and has founded several hospitality projects in Greece and the 10X Capital cryptocurrency fund. Ethernity was funded through a decentralized platform, where its crowd sale took place on March 8, 2021. Before the launch of ERN, Ethernity underwent a round of strategic support from various entities.
Authenticated digital arts on Ethernity Chain, referred to as Authenticated Non-Fungible Tokens (ANFTs), are unique digital artworks that have been verified and authenticated on the blockchain. Ethernity Chain is a marketplace built on the Ethereum network that strives to build a substantial authenticated ANFT library. The platform enables artists to create digital artworks, which are then authenticated on Ethernity and represented via an icon. These ANFTs undergo an auction process, and a limited number of the artwork is acquired. The platform is community-oriented and provides opportunities for ERN token holders to participate in the process of obtaining rare ANFTs. The non-fungible nature of ANFTs makes them suitable for digital artwork or digital collectibles, indicating that participants receive an NFT that has been appropriately authenticated by blockchain technology.
The platform is community-oriented, allowing holders of its token, ERN, to participate in the generation of unique ANFTs through a unique decentralized finance (DeFi) application. ERN holders have the option to contribute their tokens to the network and vote on Ethernity Chain governance proposals. The process of creating ANFTs on Ethernity Chain involves an artist creating a digital artwork, which is then authenticated on Ethernity and displayed via an icon. An auction is then conducted, during which a limited number of the artwork is made accessible for acquisition. The successful participants generate the non-fungible tokens, thereby acquiring the digital artwork. A specified portion of the auction's outcome, along with future transactions, is intended for charitable organizations.
Unlike standard NFTs, a-NFTs on Ethernity Chain are authenticated by their respective creators and recognized by well-known individuals. This process provides information about the exact origins of the NFT, the date it was minted, and the individual who recognizes it. Ethernity Chain also aims to contribute to social good by auctioning off NFTs with the intention of supporting charities or donating a portion of the artists’ profits to a charity of their choice. This combination of authentication, recognition by well-known individuals, and philanthropy characterizes Ethernity Chain's approach within the NFT space.
Ethernity Chain intends to develop an extensive A-NFT (Authenticated Non-Fungible Tokens) library, reward its creators, and raise funds for charitable causes. A portion of the sales proceeds from these NFTs goes to Ethernity Chain's charity partners. This integration of charitable initiatives into its platform is a key part of Ethernity Chain's mission. It seeks to foster an environment conducive to mutual growth, encompassing NFT creators and charitable causes. This approach allows Ethernity Chain to utilize the increasing engagement in NFTs and cryptocurrency to aid charitable causes.
Ethernity Chain intends to provide a platform for creators by allowing them to apply as artists to be included in major authenticated Non-Fungible Token (aNFT) creation processes. This process is part of Ethernity Chain's roadmap, which intends to broaden its scope as a platform. The platform is structured to facilitate a series of aNFT collections across various categories, including sports, arts, entertainment, collectibles, music, gaming, film, and history. The platform also intends to incorporate features such as badges, stats, and leaderboards. However, the specific steps for artists or content creators to get involved and launch their projects on Ethernity Chain are not explicitly detailed. Interested artists and creators may contact Ethernity Chain directly for detailed instructions and guidelines.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
$95.1M
$10.5M
20.6M ERN
26 days
#450
$8.74
-0.18%
-3.15%
+1.98%
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250 unique individuals are talking about Ethernity Chain and it is ranked #1,088 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Ethernity Chain has an average sentiment score of 3.4 out of 5. Finally, Ethernity Chain is becoming more newsworthy, with 0 news articles published about Ethernity Chain. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about Ethernity Chain. There were 68.63% of tweets with bullish sentiment compared to 11.76% of tweets with a bearish sentiment about Ethernity Chain. 19.61% of tweets were neutral about Ethernity Chain. These sentiments are based on 51 tweets.
On Reddit, Ethernity Chain was mentioned in 64 Reddit posts and there were 127 comments about Ethernity Chain. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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250 people
#1,088
3.4 out of 5
51 people
68.63%
Bullish
19.61%
Neutral
11.76%
Bearish
64
127
486
520
ERN/CAD (Canadian Dollar)
CA$6.33
ERN/JPY (Japanese Yen)
¥732.76
ERN/INR (Indian Rupee)
₹386.16
ERN/BRL (Real)
R$23.69
ERN/EUR (Euro)
€4.33
ERN/NGN (Nigerian Naira)
NGN 6,108.72
ERN/KRW (South Korean Won)
₩6,380.46