Ethernity Chain is a platform for authenticated NFTs (aNFTs) on Ethereum and Polygon. Ethernity partners with the biggest names is sports, art, entertainment and more to create NFTs and it's marketplace has NFT collections featuring Shaquille O'Neal, Lionel Messi, Muhammad Ali, Bruce Lee, Marilyn Monroe, Nas, and Maluma amongst other internationally celebrated artists and athletes.
ERN is Ethernity Chain's native utility token and has the following use cases:
Access to the Ethernity ecosystem: Users can purchase authentic NFTs (aNFTs) on Ethernity's marketplace. The project denominates NFTs in ERN tokens and locks 75% of the collected tokens in the reserve for two years.
Fixed Staking: Users can stake their ERN for rewards in both ERN and exclusive NFTs.
Liquidity Mining: Users may provide liquidity on the Uniswap ETH-ERN pair to participate in the LP staking incentive program.
Ethernity is also powering an ecosystem of decentralized apps, in partnership with the world's most iconic figures and largest brands, to encourage new users to participate in the web3 and blockchain ecosystems.
The Ethernity roadmap includes a mobile app with AR integration, top tier brand partnerships, peer-to-peer trading, and cross-chain minting (to mint, buy, and sell NFTs on any chain using ERN). Ethernity will also power multiple projects including a social fan token platform, and a play-to-earn game that commences with the Exorians PFP avatar project.
The project raised 2.8MM USD from 1 round of private token sale and 1 public IDO:
Private sale round: 30.66% of the total token supply sold at 0.275 USD / ERN.
Initial DEX Offering (IDO): 3.33% of the total token supply was sold at 0.275 USD / ERN.
As at April 25th 2022, the total and maximum supply of ERN is 30,000,000 and the current circulating supply is 13,499,684 (~45% of the total token supply).
Learn more about the token economics of ERN here.
Ethernity Chain (ERN)
A Platform for Authenticated NFTs.
Apr 25th, 2022