What is Ethernity Chain?
Ethernity Chain is a community-driven digital art platform that produces limited edition NFTs and trading cards for well-known artists, athletes, and organizations. Ethernity chain now partners with public figures in the sporting, music, movie, and other famous industries, reputable icons like Lionel Messi, Muhammad Ali, Pele, and Marilyn Monroe have partnered with Ethernity Chain. Ethernity Chain was founded by Nick Rose Ntertsas. Ethernity Chain has successfully partnered with top individuals and brands like Kinetic, Market Across, Magic Few, GBV, Black Edge Capital, Spark, Token Suite, etc, and individuals like the famous Mr. Beast.
Ethernity Chain was created to enable digital artists to sell NFT collections and digital artwork, be it photography NFT, music NFT, Gamified NFTs for digital games, collectibles, Generative art, iconic moments digitalized for public figures, etc. Another primary reason Ethernity Chain was created is to assist charitable causes along the way. Celebrities can use Ethernity Chain to promote their digital collections and list them on the Ethernity Chain marketplace, where NFT investors and traders can make bids and purchase the listed NFT. Ethernity Chain also hopes to introduce newcomers to the world of NFTs and assist them in avoiding NFT scams by purchasing Authentic Non-Fungible tokens (ANFT) backed up by famous credible individuals.
The digital arts minted on the Ethereum blockchain in Ethernity Chain are traded on the Ethernity Chain marketplace. Ethernity Chain also collaborates with reputable skilled artists to create digital art and mint their unique NFT collections on Ethernity Marketplace. NFT traders and investors bid and buy these digital arts with ERN tokens. Users buy NFTs from Ethernity Chain without skepticism with the use of ANFTs, known as Authenticated Non-Fungible Tokens.
Authenticated Non-Fungible Tokens (ANFTs)
A Non Fungible token(NFT) is simply a digital art that is minted on the blockchain, this can be digital art, music, collectibles, certificates, gamify, virtual land, domain names, etc. An Authentic Non-Fungible token allows users to buy NFTs minted on Ethernity Chain without skepticism. Minted NFTs on the Ethernity Chain marketplace are transparent on the blockchain.
When a digital asset is minted by an artist on Ethernity Chain's marketplace, it is authenticated by an icon and becomes an Authenticated Non-Fungible token (ANFT). Limited verified editions of ANFTs can then be purchased by NFT traders or investors through auctions or direct sales. Ethernity Chain also works with artists to donate to humanitarian activities whenever possible.
The partnerships Ethernity Chain has with public figures in a variety of industries give investors and traders confidence when buying expensive NFTs without worries of scams and fraud. NFT traders and Investors can purchase these Authenticated Non Fungible tokens (ANFTs) with Ethernity Chain's native token, ERN.
Ethernity Chain Token (ERN)
ERN has a wide range of utilities, ERN tokens are used to bid on and purchase NFTs in the Ethernity Chain marketplace. There is also the option to stake ERN tokens in exchange for rewards over a period of time, this is called yield farming and interest is generated after staking for a period of time. ERN tokens are also used to vote on proposals in the Ethernity Ecosystem, this is known as the decentralized government property. Ethernity STONES can also be obtained by farming STONES with ERN tokens.
What are Ethernity STONES?
Ethernity STONES are Ethernity Chain farmable assets that allow users to redeem NFTs from the Ethernity Chain collections. Ethernity STONES can be redeemed for curated and selected Ethernity NFTs available only to STONES holders via the Ethernity Chain platform. Ethernity STONES can only be obtained by farming STONES with ERN tokens. You can farm STONES with ERN tokens by connecting your Metamask wallet to our Ethernity.io website and clicking the "Farm STONES" button. The only wallet that can be used to farm STONES is Metamask.
Calculating Ethernity Chain Stone Yields
Ethernity Stone yield farmers will earn 1000 STONES per 24 hours for each ERN token locked into the farming contract. There are no fractional STONES, and staking yields are stored on the farming contract in units of 1000. You will receive 0 STONES if you remove your ERN tokens halfway through a 24-hour cycle. To receive your STONES yield, you must stake your ERN tokens for a full 24-hour cycle.
You can deposit as many ERN tokens as you want to earn STONES yield. You do not have to deposit everything at once, but keep in mind that deposited ERN tokens must be staked for the entire 24-hour cycle in order to earn STONES yield.
Ethernity Stone Wallet
STONES are held in the farming contract and are tied to the address you use to farm STONES. STONES are non-transferable, have no monetary value, and cannot be redeemed for ETH or ERN. STONES can only be redeemed for curated and specific NFTs on the Ethernity Chain platform.
(What are Ethernity Stones cited from Ethernity Chain Medium)
ERN Tokenomics and data
Where to Buy and Trade ERN Tokens?
ERN tokens can be bought and traded on famous centralized and decentralized cryptocurrency exchanges. Credible centralized exchanges like CoinEx, and decentralized exchanges like Uniswap v2 and Uniswap v3. ERN tokens are mostly traded with USDT (ERN/USDT pair) in these exchanges but some exchanges support a trading pair with the exchanges’ stable native token pegged with USD.
Conclusion
Ethernity Chain has come to revolutionize the digital world where NFT traders can buy rare unique NFTs without skepticism using the ANFT(Authentic Non-Fungible Token) feature. Ethernity Chain also gives room for skilled artists to mint their unique art collections and promote them on their platform and also list them for sale on the Ethernity Chain marketplace. Authenticity is also ensured by famous icons that partnered with Ethernity Chain backing the rare art piece created for them by credible artists. The partnerships Ethernity Chain has with public figures in a variety of industries also give investors and traders confidence when buying expensive NFTs without worries of scams and fraud.
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