ERN

Overview of ERN

ERN, or Ethernity Chain, is the native token of a blockchain platform designed to facilitate the creation, trading, and authentication of non-fungible tokens (NFTs). NFTs are unique digital assets representing items like digital art, collectibles, and virtual real estate.

It is supported by a variety of well-known cryptocurrency exchanges, such as Coincarp, Gate.io, Binance, XTRADE, etc. For secure storage of ERN tokens, users can utilize a range of wallets that support ERC-20 tokens. Popular options include MetaMask, MyEtherWallet (MEW), Trust Wallet, etc.

To obtain more information, you can visit their website: https://www.ethernity.io/ and try to log in or register to use more services.

Pros & Cons

Pros:

NFT Ecosystem: ERN is designed specifically for the creation, trading, and authentication of NFTs, offering a robust infrastructure for digital assets like art, collectibles, and virtual real estate.

Wide Exchange Support: ERN is listed on many reputable exchanges, providing users with various options for trading and liquidity.

Secure Storage Options: Multiple wallet options, including hardware wallets like Ledger and Trezor, offer secure storage for ERN tokens.

Cons:

Technical Complexity: Navigating and understanding blockchain technology and NFT trading can be complex for new users..

Dependency on Ethereum: As an ERC-20 token, ERN depends on the Ethereum network, which can face issues like high transaction fees and network congestion.

What Makes ERN Unique？

NFT Ecosystem: ERN is a blockchain platform specifically designed for the creation, trading, and authentication of non-fungible tokens (NFTs). NFTs represent unique digital assets, such as digital art, collectibles, and virtual real estate, and ERN provides the infrastructure for artists, creators, and collectors to participate in the NFT ecosystem.

Celebrity Endorsements: Ethernity Chain has gained attention for its partnerships with celebrities and prominent figures in various industries. These endorsements bring visibility to the platform and its NFT marketplace, attracting both creators and collectors to participate in the ecosystem.

Charitable Initiatives: ERN incorporates charitable initiatives into its platform, allowing creators to dedicate a portion of their NFT sales to charitable causes. This feature appeals to socially conscious creators and collectors who want to support philanthropic efforts while participating in the NFT marketplace.

Blockchain Interoperability: Ethernity Chain leverages blockchain interoperability to ensure compatibility with different blockchain networks. This interoperability enables seamless token transfers and cross-chain interactions, enhancing the flexibility and accessibility of the platform for users.

Limited Edition Collectibles: ERN offers limited edition NFT collectibles, creating scarcity and exclusivity in the marketplace. These limited edition items often attract collectors seeking unique digital assets with intrinsic value and investment potential.

Proof of Authenticity: Ethernity Chain utilizes blockchain technology to provide proof of authenticity for NFTs. Each NFT is timestamped and recorded on the blockchain, ensuring immutability and traceability of ownership. This feature enhances trust and transparency in the NFT marketplace, mitigating concerns about counterfeit or fraudulent assets.

How does ERN Work？

Ethernity Chain (ERN) operates as a decentralized platform designed to facilitate the creation, trading, and authentication of non-fungible tokens (NFTs).

Creation of NFTs: Artists, creators, and content owners can use the Ethernity Chain platform to mint their digital creations as NFTs. These digital assets can include artwork, collectibles, virtual real estate, virtual goods, and more. Creators upload their content to the platform, where it is tokenized and transformed into unique, verifiable NFTs.

NFT Marketplace: Once created, NFTs are listed for sale on the Ethernity Chain marketplace. Collectors and enthusiasts can browse through a diverse range of NFTs and purchase the ones that appeal to them. The marketplace provides a platform for creators to showcase their work and for collectors to discover and acquire unique digital assets.

Blockchain Authentication: Ethernity Chain leverages blockchain technology to provide proof of authenticity and ownership for NFTs. Each NFT is timestamped and recorded on the blockchain, ensuring immutability and traceability of ownership. This blockchain authentication mechanism enhances trust and transparency in the NFT marketplace, mitigating concerns about counterfeit or fraudulent assets.

Celebrity Endorsements and Partnerships: Ethernity Chain has established partnerships with celebrities, artists, and prominent figures in various industries. These endorsements bring visibility to the platform and its NFT marketplace, attracting both creators and collectors to participate in the ecosystem. Celebrity-endorsed NFTs often generate significant interest and demand, driving engagement and transactions within the marketplace.

Charitable Initiatives: ERN incorporates charitable initiatives into its platform, allowing creators to dedicate a portion of their NFT sales to charitable causes. Creators can choose to support philanthropic efforts by allocating a percentage of their proceeds to charitable organizations or causes of their choice. This feature appeals to socially conscious creators and collectors who want to contribute to meaningful causes while participating in the NFT marketplace.

Limited Edition Collectibles: Ethernity Chain offers limited edition NFT collectibles, creating scarcity and exclusivity in the marketplace. These limited edition items often attract collectors seeking unique digital assets with intrinsic value and investment potential. Limited edition NFTs may be tied to specific events, collaborations, or milestones, further enhancing their desirability and value.

Overall, Ethernity Chain operates as a decentralized platform that empowers creators to tokenize their digital creations as NFTs, provides a marketplace for trading and collecting NFTs, leverages blockchain authentication for proof of authenticity, incorporates celebrity endorsements and charitable initiatives, and offers limited edition collectibles to engage and incentivize participants within the ecosystem.

Market & Price

Airdrop of ERN

Ethernity Chain (ERN) has had a few airdrops in the past, but there are currently no ongoing airdrops

Price

Current Price: $4.5208 USD (as of October 26, 2023)

• 24-Hour Change: +0.00%

• 7-Day Change: -11.52%

• 1-Month Change: -13.20%

Additional Information:

• Market Cap: $83.19 million USD

• Circulating Supply: 20.97 million ERN

• All-Time High: $24.33 USD

Exchanges to Buy ERN

Coincarp:

Step 1: Register an account on the centralized exchanges (CEX)'s official website or the app. ( Check Exchange Ranking), if CEX supports (eg. Binance) one-step sign up with your social account, you can sign up with your social account directly.

Step 2: Verify your identity & secure your centralized exchanges(CEX)'s account. You are typically required to have a government-issued identification document. For asset security, you'd better Enable Two-step Verification.

Step 3: Use fiat to buy USDT, ETH, or BNB. You can use the service provided by the CEX which supports OTC trading or use the financial service platform(Paypal, or Robinhood, available for US residents) that supports funding via either your bank account or credit card.

Step 4: Transferring your USDT, ETH or BNB, etc. purchased by fiat to the CEX that supports Ethernity Chain(ERN) trading in spot market. If the CEX that you're using both supports purchasing USDT, ETH, or BNB via fiat, and ERN-USDT, ERN-ETH, or ERN-BNB, etc, trading pair, then you can trade in the same platform and don't need to transfer to another platform that supports Ethernity Chain(ERN).

Step 5: Buy Ethernity Chain (ERN) in spot market by USDT, ETH, or BNB.

See this link for details on how to buy ERN: https://www.coincarp.com/investing/how-to-buy-ethernity-chain/

Gate.io:

Step 1 - Create an Account on Gate.io

Create an account with Gate.io, or login to your existing Gate.io account.

Step 2 - Complete KYC & Security Verification

Ensure that you have completed KYC and security verification.

Step 3 - Choose your preferred method to buy Ethernity Chain (ERN)

• Spot Trading: Buy Ethernity Chain (ERN) at the market price or preset a buy price that you desire for the most popular Ethernity Chain (ERN) currency pair, ERN/USDT.

• Bank Transfer: You can directly buy Ethernity Chain (ERN) by a transfer from your local bank, with fiat base currency of the transaction.

• Credit Card: If bank transfer is not available in your local currency, there is an alternative to buy Ethernity Chain (ERN) using credit card with fees applied on each transaction.

Step 4 - Purchase successful

Your Ethernity Chain (ERN) is in your wallet now. If you havent received your crypto, you may visit the Help Centre or ask reach out to the customer service team by live chat.

See this link for details on how to buy ERN: https://www.gate.io/how-to-buy/ethernity-chain-ern

Binance: As one of the largest cryptocurrency exchanges globally, Binance offers a diverse range of trading pairs, including ERN. Users can trade ERN against various cryptocurrencies like BTC, ETH, and USDT.

XTRADE: XTRADE is a trading platform known for its user-friendly interface and robust security features. ERN pairs includes major cryptocurrencies like BTC and ETH, providing liquidity and flexibility for traders.

Phemex: Phemex is a derivatives trading platform that offers ERN trading pairs alongside perpetual contracts and spot trading options. ERN pairs includes popular cryptocurrencies like BTC and USDT.

LATOKEN: LATOKEN is a cryptocurrency exchange known for its wide range of trading pairs and liquidity. ERN pairs on LATOKEN includes major cryptocurrencies like BTC, ETH, and USDT, facilitating easy access for traders.

Hotcoin Global: Hotcoin Global is an exchange platform catering to both beginners and experienced traders.

Coinbase: Coinbase is a popular cryptocurrency exchange platform known for its user-friendly interface and regulatory compliance.

BingX: BingX is a cryptocurrency exchange offering ERN trading pairs alongside various cryptocurrencies and fiat currencies.

bitvavo: bitvavo is a European cryptocurrency exchange offering ERN trading pairs against major fiat currencies like EUR. It provides a seamless trading experience with low fees and a user-friendly interface.

CRYPTOLOGY: CRYPTOLOGY is a cryptocurrency exchange platform providing ERN trading pairs alongside a wide range of cryptocurrencies. It offers competitive trading fees and a secure trading environment for users.

LBANK: LBANK is a cryptocurrency exchange known for its global presence and diverse range of trading pairs. ERN pairs on LBANK

How to Store ERN？

ERN, the native token of Ethernity Chain, is an ERC-20 token, meaning it runs on the Ethereum blockchain. Therefore, any wallet that supports ERC-20 tokens can store ERN securely. There are some popular options for storing ERN:

MetaMask: MetaMask is a widely-used browser extension and mobile wallet that allows users to manage their Ethereum-based assets, including ERC-20 tokens like ERN. It offers a user-friendly interface and strong security features, such as password protection and seed phrase backup.

MyEtherWallet (MEW): MyEtherWallet is a web-based wallet that enables users to create and manage Ethereum wallets securely. It supports all ERC-20 tokens, including ERN, and provides features like offline transactions and hardware wallet integration for enhanced security.

Trust Wallet: Trust Wallet is a mobile wallet available on both iOS and Android devices. It supports a wide range of cryptocurrencies, including ERC-20 tokens like ERN. Trust Wallet offers a simple and intuitive interface, as well as features like built-in decentralized exchange (DEX) and staking capabilities.

Ledger Nano S/X: Ledger Nano S and Ledger Nano X are hardware wallets that store private keys offline, providing enhanced security for long-term storage of ERC-20 tokens like ERN. Users can manage their tokens using compatible wallet interfaces like MyEtherWallet or MyCrypto, while keeping their private keys offline.

Trezor: Trezor is another hardware wallet known for its security features. It supports ERC-20 tokens like ERN when used with compatible wallet interfaces. Trezor offers users control over their private keys and protection against online threats.

Coinomi: Coinomi is a multi-asset cryptocurrency wallet available on various platforms, including mobile and desktop. It supports a wide range of cryptocurrencies, including ERC-20 tokens like ERN, and emphasizes user privacy and security.

Atomic Wallet: Atomic Wallet is a multi-platform wallet that supports a diverse range of cryptocurrencies, including ERC-20 tokens like ERN. It offers features like built-in exchange services and atomic swaps for secure and seamless token management.

Is It Safe？

ERN supports various hardware wallet. Hardware wallets such as Ledger Nano S or Trezor are popular choices for enhancing security by storing private keys offline.

The technical security of exchanges supporting ERN varies, but reputable exchanges typically adhere to industry standards for security protocols, such as two-factor authentication (2FA), cold storage for funds, regular security audits, and robust encryption protocols.

ERN token transfers typically utilize Ethereum-based smart contracts, which generate unique token addresses for transactions. These addresses are recorded on the Ethereum blockchain, ensuring the security and privacy of token transfers.

How to Earn ERN Cryptocurrency？

Staking: Holders can stake their ERN tokens to participate in the decentralized finance (DeFi) ecosystem and earn rewards. Staking often involves locking up tokens for a specified period, contributing to network security, and receiving staking rewards in return.

Liquidity Providing: Users can provide liquidity to decentralized exchanges (DEXs) or liquidity pools by depositing ERN tokens and another cryptocurrency pair. In return, they earn a share of the trading fees generated by the platform.

Yield Farming: Yield farming involves users lending or staking their ERN tokens on DeFi platforms to earn additional tokens or rewards. This method typically involves higher risk but offers higher rewards.

Governance Participation: Some blockchain projects allow token holders to participate in governance decisions by voting on proposals or changes to the protocol. By actively participating in governance, users can earn rewards or influence the direction of the project.

FAQs

Which notable exchanges offer ERN token trading facilities？

ERN token can be traded on various well-known exchanges such as Coincarp, Gate.io, Binance, XTRADE, Phemex, LATOKEN, Hotcoin Global, Coinbase, BingX, bitvavo, CRYPTOLOGY, and LBANK.

How can I store ERN tokens securely？

ERN tokens can be safely stored in multiple Ethereum-compatible wallets including MetaMask, MyEtherWallet (MEW), Trust Wallet, Ledger Nano S/X, Trezor, Coinomi, and Atomic Wallet, etc.

What makes ERN unique？

ERN stands out for its focus on the NFT ecosystem, celebrity endorsements, charitable initiatives, blockchain interoperability, limited edition collectibles, and proof of authenticity for NFTs.

Are there any ongoing airdrops for ERN？

There are currently no ongoing airdrops for ERN.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.