Ethernity is a new entrant to the altcoin space of the crypto universe, not at this time nearly as big as Bitcoin or Tezos. The Ethernity chain is a platform and marketplace for buying and selling NFTs – non fungible tokens. The chain already has some heavy hitters lined up such as Tony Hawk and pieces from the Muhammad Ali legacy among many other ongoing NFT auctions and activities.
Here’s what the community says to describe itself on the website:
We are a community-oriented platform that produces limited edition authenticated NFTs and trading cards created by your favorite artists and endorsed by notable figures. Built on the Ethereum Network, it aims to build the biggest A-NFT library, reward its creators and raise funds for charitable causes forever. It’s a win-win situation in which everyone benefits, from NFT collectors to charities that work with some of the most vulnerable members of society
Ethernity also devotes a certain amount of proceeds to various charities. Any artist can apply to market and sell their own NFTs and see how they can do. The chain is based on Ethereum, and the token economics state that “75% of Ethernity’s profit in ERN will be locked to refuel the Staking/Rewards bucket forever” according to the website. ERN is the token and you can find it at gate.io and perhaps on other DEX (Decentralized Exchanges).
Skateboarding legend Tony Hawk is using Ethernity to auction the final video ever of him performing his 540 move.
What is ethernity chain?
The Ethernity chain is a platform and marketplace for buying and selling NFTs – non fungible tokens. The chain already has some heavy hitters lined up such as Tony Hawk and pieces from the Muhammad Ali legacy among many other ongoing NFT auctions and activities.
