What is ERN

Learned by 1.2k usersPublished on 2024.03.29Last updated on 2025.02.24

1.92

+62.91%

  • Last Price1.92
  • Market Cap47.38M
  • All-Time Low1.01
  • Circulating Supply24.56M
  • Turnover (24h)14.69M
  • All-Time High74.12
  • Total Supply30M
  • Fully Diluted Market Cap47.38M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
Ethernity (ERN) is an Ethereum Layer 2 solution designed for global entertainment brands. It aims to bring brands, artists, and creators into the NFT and metaverse space while ensuring cross-chain interoperability within its niche market. The Ethernity ecosystem revolves around its native ERN token, and its social platform Fanable enables engagement between celebrities and fans through fan token utilities.
Summary: Ethernity Chain provides an NFT-focused digital art marketplace, gaining recognition among artists, creators, and entrepreneurs. It promotes NFT collectibles and digital artwork adoption while contributing to charitable causes.
2. Team & Investment Info
Founder & CEO: Nick Rose Ntertsas
Chief Digital Officer at Global Wildlife Conservation
Investor in Bitcoin.com
Formerly involved in Greek hospitality projects such as Crystal Club, Ritz Suites, and The Loft
Entered the Bitcoin space in 2011 and founded 10X Capital crypto fund in 2016
Funding:
March 2021: Raised $2.8 million in a private round with investors including Clovers Ventures, Morningstar Ventures, Black Edge Capital, GBV Capital, Spark Digital Capital, Woodstock Fund, Staked.vc, and Faculty Group.
February 2022: Ethernal Labs (the team behind Ethernity) secured a $20 million seed round from investors such as Thomas Vu (former Riot Games creative lead and League of Legends producer), Michael Rubin (Fanatics founder), Eric Schmidt (former Google CEO), and investment firms including Kenetic, Ripple, Algorand, Banter Capital, and Polygon Studios.
3. Social Media URLs
X: https://x.com/ethernitychain
Telegram: https://t.me/ethernitychain
Discord: https://discord.com/invite/EthernityChain
Medium: https://ethernitychain.medium.com/
4. Token Info
Token Symbol: ERN
Total Supply: 30,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0xbbc2ae13b23d715c30720f079fcd9b4a74093505
Token Distribution:
Private Sale: 30.67% (20% unlocked at TGE, 1-week lockup, then vesting over 8 weeks)
Public Sale: 3.33% (100% unlocked at TGE)
Team & Advisors: 20% (1-2 years lockup, then vesting over 1-3 years)
Ecosystem Growth: 6% (3-month lockup, 24-month vesting)
Partners: 8% (1-month lockup, 14-month vesting)
Reserves: 15% (3-month lockup, 24-month vesting)
Staking Rewards: 12% (no lockup, vesting over 72 months)
Liquidity: 5% (100% unlocked at TGE)
5. Related Links
Official Website: https://ethernity.io/
White Paper: https://drive.google.com/file/d/1o74ZBmYMIUa8QUwvLOK7KhoXP9-LCsPf/view

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How to Buy ERN

Welcome to HTX.com! We've made purchasing Ethernity Chain (ERN) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Ethernity Chain (ERN) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Ethernity Chain (ERN)After purchasing your Ethernity Chain (ERN), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Ethernity Chain (ERN)Easily trade Ethernity Chain (ERN) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

434 Total ViewsPublished 2024.03.29Updated 2025.03.21

What is ERN

1. Project IntroductionEthernity (ERN) is an Ethereum Layer 2 solution designed for global entertainment brands. It aims to bring brands, artists, and creators into the NFT and metaverse space while ensuring cross-chain interoperability within its niche market. The Ethernity ecosystem revolves around its native ERN token, and its social platform Fanable enables engagement between celebrities and fans through fan token utilities.Summary: Ethernity Chain provides an NFT-focused digital art marketplace, gaining recognition among artists, creators, and entrepreneurs. It promotes NFT collectibles and digital artwork adoption while contributing to charitable causes.2. Team & Investment InfoFounder & CEO: Nick Rose NtertsasChief Digital Officer at Global Wildlife ConservationInvestor in Bitcoin.comFormerly involved in Greek hospitality projects such as Crystal Club, Ritz Suites, and The LoftEntered the Bitcoin space in 2011 and founded 10X Capital crypto fund in 2016Funding:March 2021: Raised $2.8 million in a private round with investors including Clovers Ventures, Morningstar Ventures, Black Edge Capital, GBV Capital, Spark Digital Capital, Woodstock Fund, Staked.vc, and Faculty Group.February 2022: Ethernal Labs (the team behind Ethernity) secured a $20 million seed round from investors such as Thomas Vu (former Riot Games creative lead and League of Legends producer), Michael Rubin (Fanatics founder), Eric Schmidt (former Google CEO), and investment firms including Kenetic, Ripple, Algorand, Banter Capital, and Polygon Studios.3. Social Media URLsX: https://x.com/ethernitychainTelegram: https://t.me/ethernitychainDiscord: https://discord.com/invite/EthernityChainMedium: https://ethernitychain.medium.com/4. Token InfoToken Symbol: ERNTotal Supply: 30,000,000Token Type: ERC-20Issuance/Burn Mechanism: Fixed supplyContract Address: 0xbbc2ae13b23d715c30720f079fcd9b4a74093505Token Distribution: Private Sale: 30.67% (20% unlocked at TGE, 1-week lockup, then vesting over 8 weeks)Public Sale: 3.33% (100% unlocked at TGE)Team & Advisors: 20% (1-2 years lockup, then vesting over 1-3 years)Ecosystem Growth: 6% (3-month lockup, 24-month vesting)Partners: 8% (1-month lockup, 14-month vesting)Reserves: 15% (3-month lockup, 24-month vesting)Staking Rewards: 12% (no lockup, vesting over 72 months)Liquidity: 5% (100% unlocked at TGE)5. Related LinksOfficial Website: https://ethernity.io/White Paper: https://drive.google.com/file/d/1o74ZBmYMIUa8QUwvLOK7KhoXP9-LCsPf/view

1.2k Total ViewsPublished 2024.03.29Updated 2025.02.24

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