Ethernity Chain Price
(ERN)
USD($)
Ethernity Chain (ERN) Live Price Chart
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Ethernity Chain Live Price Data
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Ethernity Chain(ERN) Profile
Rank283
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Ethereum 0xbbc2ae...505
Audited By
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Investors
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$4.2400
$4.7200
$74.1200
+1.05%
+4.02%
+8.40%
$93.73M
$77,387
20,577,762
30,000,000
About ERN
How can I buy Ethernity Chain (ERN)?
What is Ethernity Chain (ERN)?
Ethernity is a community-oriented NFT marketplace where users can buy and trade limited edition authenticated NFTs (aNFTs) from celebrities in sports and entertainment. The platform has forged partnerships with leading brands and notable figures such as sports icons, stars from entertainment, and digital artists, who launch their NFT collection on Ethernity as aNFTs.
Users can bid in auctions and buy these aNFTs, receiving valuable, limited edition digital collectibles and unlocking real-world value from the trading cards created on the platform. Ethernity aims to offer the most exclusive collection of aNFTs, offering a lucrative experience for content creators and their community of NFT consumers.
The NFT collections from users' favorite artists on Ethernity Chain include digital artworks with augmented reality (AR) unlockables, virtual world integration, and even real-world collectibles tokenized on the blockchain. A portion of the funds collected from selling NFTs and trading cards on the community-oriented platform is donated to charitable causes.
Ethernity Chain combines the benefits of the Ethernity project with the power of decentralized finance (DeFi) and supports the transactions made in ERN tokens. ERN, an ERC-20 token designed on the Ethereum network, is the native token of the Etherenity platform that users make payments for aNFTs.
The Ethernity Chain ecosystem offers a more valuable experience to the NFT marketplace’s users, utilizing the ERN tokens for staking in liquidity pools and generating higher rewards through their interactions. The revenue generated from this operation offers the Ethernity team and its users an additional source of income, over and above the value proposition of the aNFT collections.
How Does Ethernity Chain Work?
Ethernity Chain offers an LP staking program to users, giving ERN holders and Ethernity users more incentives for their engagement. ERN Token holders form members of the Ethernity Chain community and can receive exciting rewards while contributing their support for the project.
Ethernity Chain lets community members provide liquidity for ERN/ETH on Uniswap and stake their LP tokens on Ethernity to generate high APYs. The duration of staking is set at 30 days, after which users unlock their stake and can restake them for higher rewards.
Ethernity Chain has allocated 50,000 ERN for distribution as LP tokens for users who provide liquidity for ERN/ETH on Uniswap V2 every month under their Liquidity Rewards program. The APYs paid out monthly vary between 100% and 300%, offering attractive returns to put ERN crypto to work.
Ethernity Chain also offers a product called Ethernity Packs. The community NFT lottery model packs are priced between $50 and $300 and could contain randomly inserted rare and valuable NFTs. Put together by the creative team at Ethernity Chain, the product lets users try their luck to farm rare a-NFTs.
History of Ethernity Chain and ERN Coin
Ethernity Chain project was founded by Nick Rose Ntertsas, an early Bitcoin adopter and entrepreneur. The protocol launched on 8 March 2021 on the Ethereum network. In May 2021, its team of developers announced Layer-2 cross-chain functionality when the platform extended to the Polygon ecosystem.
Ethernal Labs, the company behind the development of the Ethernity Chain project, raised $20 million in funding during the seed round. Prominent investors in the initiative included Ripple, Morning Star Ventures, Algorand, and Polygon Studios.
By 2022, the Ethernity team will be focused on adding more features and enhancing the overall user experience of the Ethernity platform. According to the Ethernity 2.0 roadmap, users can look forward to the rollout of a mobile app, cross-chain minting for NFTs, NFT lending, NFT staking, social marketplace, and Ethernity metaverse.
Other focus areas of the project as of August 2022 include EyeCandy - a trustless, decentralized NFT trading marketplace, private NFT auctions for ERN and Stone token holders, and the addition of Avatars to the platform. The Ethernity team is also working on a Play-to-Earn (P2E) experience and plans to airdrop some P2E gaming tokens to ERN token holders in Q4 2022.
What is ERN Token Used For?
As mentioned above, the ERN serves as the native cryptocurrency of the Ethernity Chain ecosystem. It has several uses, including:
Native Currency
You can use the ERN crypto to buy aNFTs on the Ethernity NFT marketplace and place bids for such collectibles during auctions. Transactions on Ethernity’s marketplace take place in ERN tokens.
Staking
You can stake ERN on the Ethernity platform in exchange for rewards in Stones. Locking ERN into a smart contract of the project lets you earn rewards in Stones tokens daily based on the amount of ERN you stake. The staking process allows you to contribute to the project’s development and support its growth.
Liquidity Rewards Program
The ERN Liquidity Provider Programme lets you stake your ERN tokens by lending liquidity for ERN/ETH on Uniswap in exchange for rewards in ERN tokens. The program enables you to contribute to Uniswap V2 liquidity for the token, earning ERN as LP tokens.
Crypto Asset to Trade and HODL
Based on the ERN price action, you can buy or sell Ethernity Chain against other cryptocurrencies on supported platforms. You also have the option to invest in and hold ERN long-term if you believe in the future potential of the Ethernity project. Review the current Ethernity Chain price, ERN market cap, current circulating supply, 24-hour trading volume, and news before you trade ERN.
Earn Passive Income With KuCoin
KuCoin offers a convenient and risk-free way to grow your crypto holdings through ERN. Head to the KuCoin Crypto Lending section to lend out ERN on the platform. Select the number of days - seven, 14, or 28, to earn attractive daily interest and grow your crypto portfolio safely.
Ethernity Chain (ERN) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.1501 | 3.51% |
| 7 Days | $0.3409 | 8.35% |
| 30 Days | $-2.34 | -34.63% |
| 3 Months | $0.7137 | 19.25% |
24H Investment Barometer
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Risk warning：Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
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FAQ
How much is 1 Ethernity Chain (ERN) worth?KuCoin provides real-time USD price updates for Ethernity Chain (ERN). Ethernity Chain price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ERN to USD exchange rates.
Is Ethernity Chain (ERN) a Good Investment?
With NFTs being one of the hottest trends and fastest growing sectors within the crypto industry, the ERN token is among an exciting group of digital assets to consider. As the native token to a unique NFT platform that produces exciting opportunities for crypto investors and merges the best of NFTs with unique DeFi applications, it is an exciting crypto asset to include in your portfolio.
Increased trading activity on the Ethernity marketplace and higher ERN staking could support the Ethernity price and take it higher in the future. More exclusive partnerships with celebrities and influencers across prominent fields could pique the interest among NFT consumers for Ethernity, increasing on-chain activity and boosting ERN price statistics.
While it is impossible to make an accurate ERN price prediction over any duration, positive market sentiment towards digital assets, in general, could send the Ethernity price on an uptrend in the future. When the crypto market trades bullish, more investors seek new projects like Ethernity, and NFT trading also gets a boost. Both these factors could be significant positive factors as far as the Ethernity Chain price is concerned.
The Ethernity token is valuable, especially if you want to put your crypto to work and generate passive income from it. As an ERN token holder, there are several opportunities to do this, making it an attractive digital asset to buy and hold.
How Many ERN Are There?
The Etherenity Chain token has a total supply fixed at 30 million. As of August 2022, the current circulating supply of ERN stands at over 15 million.
The circulating supply changes based on the level of adoption of Ethernity Chain’s ecosystem by users. More ERN gets created to distribute rewards for staking and the liquidity rewards program. However, the max supply of Ethernity Chain crypto cannot exceed 30 million.
Where to Buy Ethernity Chain NFT
Ethernity Chain NFTs can be purchased using ERN tokens on the Ethernity NFT marketplace. You can also purchase Ethernity’s collection of authenticated NFTs on OpenSea, the world’s largest NFT marketplace. OpenSea supports the purchase of Ethernity NFTs using ERN tokens as a payment method.
Follow the steps listed below to buy aNFTs on Ethernity Chain:
1. Sign up for an account on Ethernity's homepage with your email address.
2. Connect your digital wallet, e.g., MetaMask, with your Ethernity account.
3. Fund your wallet with ERN by buying Ethernity tokens on KuCoin or other supported platforms.
4. Go to the Ethernity NFT marketplace and pick from the available collections.
5. Select the NFT you would like to own and click on the ‘Select & Buy.’
6. Check the box on the popup to agree with Ethernity's Terms and Service before confirming your checkout.
7. You can then validate the transaction through your digital wallet to approve the purchase of the Ethernity aNFT.
How to Stake and Earn ERN on Uniswap
Staking is an exciting way to grow your crypto portfolio, especially if you are a long-term holder. Here’s how you can stake ERN to earn attractive rewards on Uniswap V2:
1. Connect your wallet to the Uniswap app. Fund your wallet by buying ERN on KuCoin or supported platforms to ensure you have sufficient ERN tokens for staking.
2. Head to the Pool section and click on the ‘New Position’ button.
3. Select the ERN/ETH pair for adding liquidity.
4. Enter the Deposit Amounts for ERN and ETH after reviewing the fees, Min Price, and Max Price data.
5. Receive LP tokens for staking on Uniswap V2.
6. You can maximize your earnings further by staking those LP tokens on Ethernity Chain for a chance to earn more rewards in ERN.
What is the all-time high price of Ethernity Chain (ERN)?
The all-time high price of Ethernity Chain (ERN) is $74.1200. The current price of ERN is down 0.94% from its all-time high.
What is the all-time low price of Ethernity Chain (ERN)?
The all-time low price of Ethernity Chain (ERN) is $1.1600. The current price of ERN is up 2.80% from its all-time low.
How much Ethernity Chain (ERN) is there in circulation?
As of 5 6, 2024, there is currently 20,577,762 ERN in circulation. ERN has a maximum supply of 30,000,000.
What is the market cap of Ethernity Chain (ERN)?
The current market cap of ERN is $93.73M. It is calculated by multiplying the current supply of ERN by its real-time market price of $93.73M.
How do I store Ethernity Chain (ERN)?
You can securely store your Ethernity Chain in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ERN include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Verasity (VRA) to cash?
You can instantly exchange your Verasity (VRA) for cash using KuCoin's Fast Trade feature. This feature enables you to convert VRA to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.
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2024-05-07 01:11:28 (UTC+8)
24h Volume1,823,499,685USDT