Ethernity Chain price

Ethernity Chain price

Price change from 00:00 UTC until now

Ethernity Chain market information

Market cap
Circulating supply
21,610,174 ERN
Market cap ranking
24h high
24h low
All-time high

Ethernity Chain price performance in USD

The current price of Ethernity Chain is $2.1472. Since 00:00 UTC, Ethernity Chain has increased by +0.56%. It currently has a circulating supply of 21,610,174 ERN and a maximum supply of 30,000,000 ERN, giving it a fully diluted market cap of $46.40M. At present, Ethernity Chain holds the 219 position in market cap rankings. The Ethernity Chain/USD price is updated in real-time.
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About Ethernity Chain (ERN)

The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Ethernity Chain is a community-driven, decentralized platform specializing in producing limited edition non-fungible tokens (NFTs) and trading cards. ERN is the ticker symbol of this platform's ERC-20 native utility token. In its debut collection, Ethernity Chain released signed NFT-based portraits of celebrities called authenticated NFTs. These Ethereum-based autonomous non-fungible tokens (aNFTs) were sold via auctions or direct sales in the platform's marketplace. Some of the profits from these aNFT sales went to charities of the celebrities' choosing.

ERN is the standard token used to purchase digital art on the platform. It can also be used to buy physical collectibles, stake for rewards, or participate in the platform's governance decisions. Ethernity Chain also has a farming option for its users by which ERN tokens can be used to farm STONES, which then be used to buy NFTs.

ERN price and tokenomics

The total supply of ERN is 30 million tokens. Of this, 9.2 million tokens were pre-mined and distributed at a private-round price of $0.275. Additionally, 1 million tokens were distributed via an initial DEX offering, or IDO, on PolkaStarter. Finally, 3.6 million ERN were allotted as staking rewards for holders.

On March 15, 2021, Ethernity Chain executed a liquidity rewards program to incentivize the ERN/ETH liquidity pool on Uniswap and distribute more ERN tokens. Users can obtain ERN by exchanging other cryptocurrencies based on the relative ERN price, and they can use ERN to purchase aNFTs. However, 70% of the profits from aNFT sales are locked to refuel the staking rewards pool. Since the ERN price depends on the value of these aNFTs, ERN charts can show high volatility.

About the founders

Nick Rose Ntertsas is the founder and acting CEO of Ethernity Chain. Ntertsas has formerly worked as the chief digital officer at Global Wildlife Conservation and was one of the early-stage investors in the e-scooter company Bolt. Ethernity Chain has worked with several celebrated names from music, sports and entertainment, including Lionel Messi, NHL star Alexander Ovechkin, Nas, the Winklevoss twins, MMA legend Anderson Silva and many more.

In early 2021, the Ethernity Chain team completed a private fundraising round with the help of strategic investors that included Morningstar Ventures, Black Edge Capital, Spark Digital Capital, and more. Then, on March 8, 2021, the platform released its first NFT-meets-DeFi project via a public sale on Polkastarter.

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What is ERN?

The Ethernity Chain platform functions as the intersection of a DeFi platform and an NFT marketplace. It specializes in producing digital art authenticated by prominent public figures and sold as aNFTs. The ticker for the native token of Ethernity Chain is ERN.

How does ERN work?

Artists can upload their art to the platform, which is then authenticated and converted to an aNFT. Limited editions of that aNFT are sold, which users can buy with ERN. ERN tokens can also be used for staking and farming within the platform's ecosystem. For example, STONES, another Ethernity Chain ecosystem token, can be bought and farmed with ERN to redeem curated aNFTs later.

Where can I buy ERN?

Easily buy ERN tokens on the OKX cryptocurrency platform. One available trading pair in the OKX spot trading terminal is ERN/USDT. You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for ERN with zero fees and no price slippage by using OKX Convert.

How much is Ethernity Chain worth today?
Currently, one Ethernity Chain is worth $2.1472. For answers and insight into Ethernity Chain's price action, you're in the right place. Explore the latest Ethernity Chain charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Ethernity Chain, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Ethernity Chain have been created as well.