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What is Ethernity Chain (ERN)?
Ethernity Chain basic info
What is Ethernity (ERN)?
Ethernity is a DeFi crossover project that leverages the increasing popularity of non-fungible tokens (NFTs) in a blockchain-based platform. It offers authenticated NFTs, and all NFTs can be bought and sold on-chain within the Ethernity ecosystem.
The crowd sale for Ethernity was conducted on March 8, 2021, on the Polkastarter platform. The project aims to create favorable conditions for active community members to increase the value of its ERN token.
Before the launch of the ERN token, Ethernity received strategic investments from Black Edge Capital, Morningstar Ventures, Spark Digital Capital, Woodstock, and Genesis Block Ventures.
Who are the Founders of Ethernity (ERN)?
Ethernity, founded by Nick Rose Ntertsas, is a project that delves into non-fungible tokens (NFTs) and how they can be utilized for charitable purposes as well as for the general public. The platform offers authenticated NFTs that can be traded within the Ethernity ecosystem, providing a secure and transparent marketplace. Ethernity's aim is to create a conducive environment for its active community members, increasing the value of its ERN token. The project has received strategic investments from prominent firms such as Black Edge Capital, Morningstar Ventures, Spark Digital Capital, Woodstock, and Genesis Block Ventures.
What Makes Ethernity (ERN) Unique?
Ethernity is teaming up with top blockchain, music, and entertainment professionals to promote NFT-based digital art and to contribute to charitable causes. The platform allows celebrities to showcase their artwork or exclusive card tokens while simultaneously raising funds for charity. Ethernity provides a user-friendly platform for artists, brands, and influencers to sell NFTs and make a positive impact on the world.
What is the ERN Token?
On March 26, 2021, the ERN price reached a record high of $74.15. ERN, the currency used on the Ethernity platform, allows users to purchase digital assets and NFTs. This token has several use cases within the platform's ecosystem, including staking to earn rewards and access to exclusive content, participating in governance decisions through voting, and paying transaction fees. Furthermore, ERN can be traded on various exchanges and is a deflationary asset with a limited total supply, which creates a sense of scarcity and value for the token.
ERN supply and tokenomics
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What is the development prospect and future value of ERN?
The market value of ERN currently stands at $59.84M, and its market ranking is #603. The value of ERN is not widely recognized by the market. When the bull market comes, the market value of ERN may have great growth potential.
As a new type of currency with innovative technology and unique use cases, ERN has broad market potential and significant room for development. The distinctiveness and appeal of ERN may attract the interest of specific groups, thereby driving up its market value.