Ethernity Chain (ERN): Price, chart, market cap & news
If you’re thinking about investing in Ethernity Chain (ERN), then you’ll want to know all about it. In this article, we will discuss Ethernity Chain’s price, chart, and market cap. We’ll also give you the latest news and updates on Ethernity Chain so that you can stay up-to-date on this exciting cryptocurrency!
What is Ethernity Chain?
Ethernity Chain is a blockchain-based platform that enables users to create, manage, and deploy decentralized applications (dApps). Ethernity Chain is built on the Ethereum network and utilizes smart contracts. It aims to provide a user-friendly platform for dApp development and deployment.
History of Ethernity Chain
Known as one of the early investors in Bitcoin, Nick Rose Ntertsas made news in June 2019 when one of his Instagram postings went viral.
After broadcasting the Amazon wildfires disaster to the globe, Ntertsas started spearheading the campaign to increase awareness and gather finances and supplies to tackle this crisis in the Amazon rainforest.
Ethernity Chain was later created by Ntertsas, who had a wealth of knowledge in blockchain technology, in response to the growing interest in NFTs. This platform has been making news because of Ntertsas’ activities as an environmentalist, such as founding Oxygen Seven, a non-profit organization committed to replanting worldwide.
The Marilyn Monroe Foundation, Alex Ovechkin, the Winklevoss twins, and, most recently, Lionel Messi and Shaquille O’Neal have all collaborated with the firm under the leadership of the Ntertsas. Ethernity Chain has climbed to the top of the NFT and blockchain sector in a short period of time.
Ethernity Chain includes a wide variety of collectibles for all sorts of collectors. These collectibles include, for example, the boxing glove worn by Mohammed Ali, an Associated Press image showing the hoisting of the American flag on Iwo Jima, and even Fernando Tatis Jr.’s bat flip.
Ntertsas expects the value of these new collectibles to grow even more on Ethernity Chain’s platform. The collectibles are generated and safeguarded by blockchain technology.
As the concepts of decentralized currency and blockchain technology attract new audiences throughout the globe, Ethernity Chain is well-positioned to take full advantage of these new technologies.
What are the benefits of Ethernity Chain?
There are many benefits of using Ethernity Chain, including:
Increased security: Ethernity Chain utilizes smart contracts, which helps increase security and reduce the risk of fraud.
Reduced costs: Developing and deploying dApps on Ethernity Chain is typically cheaper than traditional methods.
Speed and efficiency: Ethernity Chain’s platform is designed to be user-friendly and efficient.
Increased flexibility: Ethernity Chain’s platform is flexible and can be used for a wide variety of applications.
What is the price of Ethernity Chain?
At the time of writing, the current Ethernity price was $4.13 USD, with a trading volume of $16,299,034 USD in the last 24 hours.
Real-time updates were made to CoinMarketCap’s ERN to USD pricing. The current market capitalization of CoinMarketCap is $55,801,758 USD, placing it at position #499. There are 13,500,272 ERN coins in circulation and 30,000,000 ERN coins in reserve.
Where can I buy Ethernity Chain?
You can buy Ethernity Chain on a variety of exchanges, including Binance, Huobi Global, OKEx, Upbit, and DigiFinex. You can also purchase ERN with fiat currency on some exchanges.
What is Ethernity Chain’s roadmap?
Ethernity Chain plans to launch its mainnet in Q416 of 2022. The team also plans to launch a dApp store, a cross-chain gateway, and an NFT marketplace on the mainnet. Ethernity Chain further plans to integrate with major DeFi protocols such as MakerDAO, Compound, and Synthetix.
Latest news about Ethernity Chain
On February 10, 2022, CoinTelegraph reported in a recent news article that Ethernity Chain had revealed one of the major verticals of the project. Nick Rose, one of the co-founders, was especially intrigued by the Fanable vertical or product in the Ethernal Labs ecosystem.
It’s safe to say that Fanable’s social network will allow celebrities to monetize their following and their brand by issuing fan tokens. There may be real-time surveys and interactive possibilities for token owners to connect with their favorite celebrities and sportsmen.
Trading would take place using the native ERN coin as the medium of exchange.
Another report by Brenden Rearick of Yahoo Finance in February 2022 stated that Ethernity Chain is making steady streams of popularity in the crypto space, particularly in the IP sector. Although ERN-USD may not be a household name at this time, the network is working hard to alter that.
With the announcement that Ethernity is creating a new subsidiary, the ERN cryptocurrency has seen a surge in interest. The metaverse and play-to-earn gaming, two of the hottest blockchain genres, will both benefit from the addition of this new enterprise to the network.
Finally, Ethernity has announced in a report that it has received $20 million in startup investment and formed Ethernal Labs. Aside from helping celebrities and companies join the NFT industry, Ethernity will also be expanding into play-to-earn games and metaverse projects under this new umbrella firm.
Former Google CEO Eric Schmidt, Fanatics CEO Michael Rubin, and Riot Games Head of Creative and Franchise Development Thomas Vu all participated in the $20 million seed round. Already, Candy Digital, Fanatics’ sports-centric NFT company, is producing NFTs for MLB and NASCAR teams, as well as launching a new entertainment section.
Ethernity Chain isn’t going anywhere, and it has the potential to become a major player in the NFT industry. With the help of Ethernal Labs, Ethernity Chain is well on its way to becoming a household name.
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