Ethernity Chain (ERN) Price, Charts, Market Capitalization
Ethernity Chain (ERN) Graphics
What is Ethernity Chain (ERN)
Ethernity Chain (ERN) is a blockchain-based platform that allows creators, artists, and celebrities to tokenize their digital creations and sell them as unique collectibles. The platform aims to bridge the gap between the physical and digital worlds, and to provide a more equitable way for creators to monetize their work.
History and Purpose
Ethernity Chain was founded in 2021 by Nick Rose Ntertsas and Ahmed Al-Balaghi, both of whom have backgrounds in blockchain and digital media. The platform launched in March 2021 and has since gained popularity among artists and collectors. Its goal is to revolutionize the way creators monetize their digital content by giving them more control and ownership over their work.
Technology
Ethernity Chain is built on the Ethereum blockchain and uses ERC-721 tokens to represent unique, non-fungible digital assets. These assets can include everything from digital art and music to virtual real estate and in-game items. Each asset is verified on the blockchain, making it impossible to duplicate or counterfeit.
The platform also incorporates a unique auction mechanism that allows creators to auction off their assets to the highest bidder. Buyers can be confident in the authenticity of their purchase, as each asset is verified on the blockchain.
Market Value
As of April 2023, the market value of Ethernity Chain (ERN) is approximately $50 million USD, with a circulating supply of 28 million tokens. The platform has gained a following among both artists and collectors, with several high-profile celebrities creating their own collectibles on the platform.
Advantages
One of the main advantages of Ethernity Chain is that it provides a way for creators to monetize their digital content in a more equitable and secure way. By using blockchain technology, creators can ensure that their work is verified and authentic, and can maintain more control over how their work is sold and distributed.
Additionally, Ethernity Chain allows collectors to own unique, one-of-a-kind assets that can appreciate in value over time. The platform has also gained attention for its partnerships with high-profile celebrities, which have helped to bring more mainstream attention to the world of blockchain-based collectibles.
Disadvantages
One potential disadvantage of Ethernity Chain is that it is still a relatively new platform and may be subject to volatility in the cryptocurrency market. Additionally, while the platform has gained a following among artists and collectors, it is still relatively unknown outside of the blockchain community.
Conclusion
Ethernity Chain is a blockchain-based platform that aims to revolutionize the way creators monetize their digital content. By providing a more secure and equitable way to sell and distribute digital assets, Ethernity Chain has gained a following among both artists and collectors. While it is still a relatively new platform, Ethernity Chain has the potential to become a major player in the world of blockchain-based collectibles.
How To Buy Ethernity Chain (ERN)
Are you ready to jump into the world of cryptocurrency and want to know where to buy Ethernity Chain (ERN)?The largest exchanges currently traded with Ethernity Chain (ERN) are Binance , Kucoin , OKEx , Huobi Global , Gate.io and . You can find other exchanges that make listings .
About Ethernity Chain (ERN)
Contract | |
Website | https://ethernity.io/ |
Explorers | Etherscan Ethplorer |
Community | |
API idd | ethernity-chain |
1 Ethernity Chain to USDC (1 ERN to USD//Coin) Exchange Calculator
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