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 marketplaces 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.

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.

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.

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 Ethernitys 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 projects 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 BYDFi

BYDFi offers a convenient and risk-free way to grow your crypto holdings through ERN. Head to the BYDFi 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.

Considering the growing popularity of NFTs and the unique features of the ERN token, it can be a promising investment. As the native token of a platform that combines NFTs with DeFi applications, Ethernity Chain offers exciting opportunities for crypto investors. The increasing trading activity on the Ethernity marketplace and higher ERN staking can contribute to the potential growth of the Ethernity price. Additionally, exclusive partnerships with celebrities and influencers can attract NFT consumers, leading to increased on-chain activity and boosting the ERN price. While it is difficult to make accurate price predictions, positive market sentiment towards digital assets and the overall bullish crypto market can have a positive impact on the Ethernity Chain price. Moreover, the ERN token provides opportunities for generating passive income, making it an attractive asset to hold.

The total supply of Ethernity Chain tokens is fixed at 30 million. As of August 2022, the circulating supply of ERN is over 15 million. The circulating supply can change based on the adoption of Ethernity Chain's ecosystem by users. More ERN tokens are created for staking rewards and liquidity programs. However, the maximum supply of Ethernity Chain crypto cannot exceed 30 million.

You can purchase Ethernity Chain NFTs using ERN tokens on the Ethernity NFT marketplace. Additionally, Ethernity's authenticated NFTs can be bought on OpenSea, the world's largest NFT marketplace. OpenSea supports ERN tokens as a payment method for purchasing Ethernity NFTs. To buy NFTs on Ethernity Chain, follow these steps:

1. Sign up for an account on Ethernity's homepage using your email address.
2. Connect your digital wallet (e.g., MetaMask) with your Ethernity account.
3. Fund your wallet with ERN tokens by purchasing Ethernity tokens on platforms like BYDFi.
4. Visit the Ethernity NFT marketplace and choose from the available collections.
5. Select the NFT you want to own and click 'Select & Buy'.
6. Agree to Ethernity's Terms and Service by checking the box on the popup and confirm your checkout.
7. Validate the transaction through your digital wallet to complete the purchase of the Ethernity NFT.

Staking ERN tokens on Uniswap V2 is a great way to grow your crypto portfolio. Follow these steps to stake and earn attractive rewards:

1. Connect your wallet to the Uniswap app and ensure you have enough ERN tokens by purchasing them on platforms like BYDFi.
2. Go to the Pool section and click on the 'New Position' button.
3. Select the ERN/ETH pair to add 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. To maximize your earnings, consider staking those LP tokens on Ethernity Chain for additional rewards in ERN.