KuCoin AMA With Ethernity Chain (ERN) — The World’s First Authenticated & Licensed NFT Platform
Dear KuCoin Users,
Time: February 8, 2022, 02:00-03:58 (UTC)
Ethernity is the groundbreaking authenticated NFT project that auctions verified artwork featuring the top artists and notable figures from sports, music, film, gaming, tech, history, and entertainment. Each digital artwork is represented as a non-fungible token (NFT). The pieces feature well-known public figures, rights, licenses, and IPs. Ethernity Chain combines the utility of DeFi and merges it with NFTs to create an exclusive pipeline to rare, collectible content from notable figures and well-established digital artists.
Official Website: https://ethernity.io
Mac Pholea — Ethernity Chain Co-Founder and Chief Engineer
Mac Pholea is the Co-Founder and Chief Engineer at Ethernity. Ex-Google, ex-Facebook, generalist software engineer.
Adrian Baschuk — Ethernity Chain CCO
Adrian Baschuk is currently the CCO for Ethernity Chain, a leading NFT platform issuing licensed NFT assets across fields, notable figures, and mediums, including art, AR/VR, and virtual world integrations. He is a Co-Founder of Crypto Banter, a daily livestream of the overall crypto community and Executive Producer of CNBC’s “Crypto Trader,” the world’s first major network broadcast program on blockchain and cryptocurrencies. Previously, he co-founded a digital media start-up, Beach Pictures, doing branded content with partners like Disney, Time, and Sports Illustrated. Adrian is a Miami Beach native and serves on the Miami Mayor’s Venture Miami team, helping to build Miami as a tech and blockchain hub. He is a graduate of Tufts University with a B.A. in International Relations and Communications/Media Studies.
James Aitken — Ethernity Chain CMO
James Aitken is the Chief Marketing Officer at Ethernity, a leading NFT platform issuing licensed NFT assets across fields, notable figures, and mediums, including art, AR/VR, and virtual world integrations.
Q&A from KuCoin
Q: What is Ethernity and what makes it stand out from other NFT projects?
Adrian: Ethernity is the world’s first authenticated NFT project! We create verified artwork and collectibles featuring the top artists and notable figures from sports, music, film, tech, history, and entertainment.
We combine the utility of DeFi and merge it with NFTs to create an exclusive pipeline of rare, collectible content from notable figures and brands with well-established digital artists.
Utility is at the forefront of everything we do, we achieve this through metaverse integration for our NFTs and staking for our native token ERN.
Q: What are authenticated NFTs?
James: All Ethernity NFTs are created in partnership with renowned artists and notable figures and brands from sports, music, film, tech, history, and entertainment.
They are authenticated by these brands and figures, linking the artwork to their brand forever on the blockchain giving the NFT long-lasting value.
For instance, we recently worked with The Bruce Lee Family Company to create an NFT collection that celebrated his legacy in martial arts, his philosophical thoughts and his masterful acting in Hollywood.
Here is an image Raf Grassetti made for the Bruce Lee collection
Adrian: It's an mp4 and you can play it!
Q: What big things are happening for Ethernity in 2022?
Mac: We are so excited for this year, it’s already off to an amazing start!
We launched our Ethernity 2.0 roadmap at the end of 2021 and we’re already making great progress. In 2022 we’ve already launched Fixed Staking, the V2 of our website, and upgraded our Stones event! (Which is an event we hold every few months for those staking their ERN to receive free NFTs and real-world experiences.)
We’re really excited to have our mobile app coming out very soon. We’ll be one of the few NFT marketplaces to have an app. Just finishing the last Apple Store integration and it will really widen the accessibility of Ethernity’s NFTs to a mass audience.
In the coming weeks, we will have a number of huge announcements coming out, including the launch of our brand new company, which will give even more utility to the ERN token. Keep your eyes out on our Twitter channel, https://twitter.com/EthernityChain, for the news!
James: Here's our Ethernity 2.0 roadmap!
Q: Can they stake your token ERN?
We’ve made it as easy as possible to stake your ERN tokens! You can choose to stake it for Stones, which you can then exchange for exclusive NFTs, experiences and events.
We also offer direct staking and LP staking on our website. We’re also working towards NFT staking, which will be live on our website shortly, so make sure to keep your eyes out for that!
Q: What brands and notable figures have you been working with? Any hints for big NFT partnerships coming up?
Adrian: We’ve worked with so many incredible and influential people and brands, from global soccer stars like Messi and Suarez to NBA hall of famers like Shaq. We were really proud to start with legendary figures like Muhammad Ali, Pele, Tony Hawk, and the original influencer - Marilyn Monroe. We wanted to honor the past then look to the future. And, we believed in starting with individuals to match the ethos of what crypto and blockchain represent - the power of the individual over systems.
You can visit our marketplace to see all of the incredible talents we’ve worked with. I especially like the Delorean collection - we created an authenticated Delorean that users can drive in the metaverse! Beyond the auto industry, we partnered with the likes of the Associated Press on two drops, both historic and future-based, and the US Space Force with NFTs including Augmented Reality capabilities; a glimpse of what’s to come.
Our next collection is in partnership with Luka Modrić, the captain of Real Madrid and the Croatia national team. The collection consists of a series of incredible NFT artworks and metaverse wearables that holders will be able to use across multiple metaverse, including The Sandbox.
And hmm, what hint should I give.
We’re currently working with the greatest soccer player of all time, the biggest YouTuber in the world, and a supermodel.
James: Here is an NFT from our Associated press collection!
Adrian: That is a generative NFT that took data points from all coverage by the AP of futurism and combined it via an incredible artist who was a former Microsoft data engineer.
Q: What utility do Ethernity NFTs have?
Adrian: Utility and cross-chain interoperability are the two big buzzwords in the NFT space this year. With that being said, all Ethernity NFTs will eventually have utility, from the trading cards to the 1 of 1 unique pieces of art that sold for over a million dollars. We’re creating the world’s largest library of authenticated metaverse-ready NFTs that holders can utilize across the metaverse.
We recently announced a partnership with The Sandbox, which will allow holders of Ethernity’s metaverse wearables to use voxelized versions of their equipment within the game.
We also recently announced a partnership with MonkeyLeague (MonkeyBall), which will allow players to wear authenticated jerseys from the world’s best players.
We have so many more partnership announcements coming, so make sure you follow us on Twitter to keep up to date.
Ah, and to show off some great NFTs and see them play out, check out our exclusive recap video: https://t.me/Kucoin_Exchange/5826751
Q: What utility do Ethernity's NFTs have in the Ethernity Metaverse?
Mac: The Ethernity metaverse is our biggest project to date. It’s something brand new with ideas the world hasn’t seen yet! We can’t wait to share more information about it with everyone but just know it’s going to be HUGE!
All of our NFTs will have utility in our metaverse, from wearables and collectibles to placing artwork in your own private land. Our number one priority is to provide as much utility, value and excitement to our community as possible.
Q: Does Ethernity just do art NFTs or do you also have Avatar collections?
James: We’re so excited about this. There’s not much we can announce right now but we have a next-gen avatar project coming very soon that will blow your mind!
We’re working with some of the best artists in the NFT space to create something truly unique!
Make sure to follow Ethernity’s CEO and Founder Nick Rose on Twitter he likes to leak images every now and then! If you’re not on Twitter, there is a lot of buzz in our Discord about the project, our community may be able to give you a little more information: https://discord.gg/EthernityChain
Q: What exciting news does Ethernity have coming soon?
James: We have so much exciting news coming!
The Ethernity 2.0 roadmap is full of insanely ambitious projects and products that are truly going to make this year our greatest yet!
We’re building so many products that it’s often hard to keep track of them all. Keep your eye out for cross-chain interoperability, the launch of Ethernal Labs (coming very, very soon), the launch of our second NFT platform EyeCandy, and the launch of Fanable - a revolutionary fan token platform for individuals.
All of our products revolve around our token, ERN. It is the key to everything that we are creating and it will allow entry into all of the products we’re building.
We have our work cut out for us but we will make it happen!
Take another look at our roadmap, this year will be HUGE.
Free-Ask from KuCoin Community
Q: I’ve seen the roadmap for this year and I’m really excited. May I know how confident are your team that you will achieve the roadmap for 2022?
James: We're extremely confident! We're a global team that is growing every day! Our aim is to complete every project on our roadmap in time and we will make sure we do it!
Q: Can you share with us your tokenomics? How much is the total and circulation supply of your tokens? Will there be a buyback system or token burning in the future?
James: We have 30,000,000 ERN in circulation. Take a look at our blog for more info on our tokenomics!
Q: Smart contracts are susceptible to failure and many projects fall victim to this, costing users money and the project discrediting. How reliable and secure is your smart contract? Have you tested it through any of the parties?
Adrian: Our smart contracts have been audited repeatedly and ensure maximum security. Our Co-Founder Marcelo here is an ex-Facebook and Google Security Engineer.
Q: What is the fees structure of Ethernity Chain NFT Marketplace?
Mac: For secondary market sales, the seller gets 90% and 10% goes to royalties for artists, talent, marketplace.
Q: What is your strongest advantage that you think will make your team lead the market?
James: We have a very strong committed team that truly believes in the project and everything we're building. We're here for the long run and we won't stop until Ethernty achieves the impossible!
Q: Your project name seems to be very interesting. Does it have any story behind it? Can you share with us the inspiration for approaching this name?
Adrian: We were built on Ethereum and we see the real value of NFTs of giving artists, creators, and the partners NFTs depicting resale royalties for "eternity", hence the name.
Q: I saw your website, your mobile app is coming soon, when exactly is it coming? What are the new benefits of mobile apps? Can we buy (NFT) directly from it?
James: We're in the final stages of getting our app approved! In the next couple weeks, we will go live with our first collection.
Q: I am interested in investing in your project. When and where can I buy your tokens? Is it already listed on exchanges?
Adrian: You can find the ERN token, of course, on KuCoin. It's also listed and traded on Binance, OKEx, Gate, Uniswap, QuickSwap, Poloniex, Nominex, Hotbit, Hoo.
Q: Do you have a token burning plan to increase token value and attract investors to invest?
Adrian: We have a quarterly buyback program for the token.
Q: What is the most ambitious goal of your project? Could you share with us any upcoming updates?
James: Wait for our Avatar project to go live. Ambitious is an understatement.
Q: Too many projects promise magic but never release any working product or prove any revenue within a short/long time of release. Is your project also like this? If not, can you tell us what makes your project different from other projects?
Adrian: We've now released close to 40 NFT drops. That alone are massive undertakings and require a ton of coordination across our team, artists, notable figures/licensors, and developers. Add to that our DeFi utility on the platform and you can see why we're known in the industry for our ability to execute.
Q: Can you list 1-3 killer features of your project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
Adrian: 1) Our unparalleled access to notable figures, rights, licenses and IPs
2) Our partnerships across the crypto landscape, including Chainlink, Polygon, and Sandbox
3) Our upcoming release of our app and giving utility to NFTs across metaverses and more
Q: Can I list an aNFT on Ethernity’s marketplace and OpenSea at the same time?
James: Yes! You can list on both the Ethernity Marketplace and OpenSea.
Q: Is there anything else you would like to share or you want us to know?
Adrian: Please see all our socials and join our global community!
KuCoin and Ethernity Chain have prepared a total of 350 ERN to give away to AMA participants.
1. Free-ask section: 15 ERN
2. AMA activity: 335 ERN
Activity 1 — Quiz: 250 ERN
Activity 2 — Price Guess: 60 ERN
Participation Rewards: 25 ERN
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