As stated by the Ethernity Chain platform, it is the world’s first authenticated and licensed NFT platform. It is a community-based NFT platform that sells collections of digital artwork and trading cards. It claims to be the marketplace to promote social by selling NFTs of big brands and IPs in sports, content, collectibles and technology.
Ethernity Chain claims that the purpose of auctioning NFTs helps charities or donates a portion of artists’ profits to a charity of their choice.
NICK ROSE NTERTSAS is the founder and CEO of the Ethernity chain, Chief Digital Officer of Global Wildlife Conservation.
Ethernity Coin Price Prediction: Performance Summary
|Smooth love potion|
Uses of the ethernity chain
- Ethernity Chain allows users to authenticate non-fungible token transactions (NFTs), which means that participants can view all cryptocurrency transactions via the blockchain. It brings liquidity to the market.
- Ethernity Chain is designed to help you accurately determine the value of digital collectibles. In addition, Ethernity Chain aims to use NFTs for social good and explore the opportunities they offer in philanthropy.
- Digital artworks can be exchanged and tokenized through this blockchain.
How is Ethernity Chain different?
Ethernity Chain claims to be the king of the NFT market and therefore to have such claims, it must have positioned itself differently from the rest of the NFT markets. Here’s how Ethernity Chain is different from other NFT markets:
- Ethernity Chain has positioned itself as the NFT marketplace for verified artwork. Therefore, before auctioning any artwork of famous people on its platform, Ethernity Chain verifies it and then lists them on its platform.
- Ethernity Chain fuses the utility of DeFi with NFT to produce a rare collection of artwork by famous people and personalities.
- With the auctioning of NFTs, Ethernity Chian promotes social good. Ethernity Chain donates to charities from its profit and also to charities of choice of artists.
Who are the competitors and how did they behave?
The NFT market is constantly expanding, there are big players who have taken most of the business. Verified Market Research (VMR) publishes a report according to which the NFT market would be worth 231 billion dollars by 2030. In 2021 it was valued at $11.3 billion.
For Ethernity Chain, ERN is its native token, and Ethernity Chain’s current valuation is $57.3 million. Opensea which is leading the NFT market has a valuation of $13 billion.
In early September, Ethernity announced a brand association with Metaverse as they look to expand in the future. Ethernity revealed its ETERNAL LABS in the Metaverse, resulting in a 170% increase in trading volume. Their social mentions and engagement also increase by 700%.
Ethernity Chain Price Prediction 2022
Ethernity Chain Long-term Price Prediction
Eternity is good for the short term, but it can be risky if you keep it for a long time. Recently there was a sudden jump in the price of ERN but it dropped in no time. If this coin grows by about 100% each year, it will reach $24 to $25 by the end of 2025. If the Ethernity chain grows by 50% every year, it will definitely rise to $15. This seems to be the average price for this chain as a 50% increase each year is not a big deal.
NFT is very popular today. There are many competitions for Ethernity as there are too many platforms working on projects like Ethernity. KALRAY is also a popular chain that has a higher market capitalization than Eternity. So, it is difficult for ETHERNITY to get all the way to Bitcoin and Ethereum because it does not have a unique service or large capital.
ERN Coin Price Prediction 2023
The ERN price could reach around $5 if Ethernity Chain earns 50% per year from now and could be less than $4 if the price only increases by 10% in 2023.
ERN Price Prediction 2025
In 2025, the price of Ethernity is expected to exceed $10, provided the price increases by 50% per year from now. The price of Ethernity Chain will remain below $5 if it earns only 10% per year.
ERN Coin Price Prediction 2030
According to the mathematical calculation, the price of the ethernity chain in 2030 could be more than $ 80 if it earns 50% every year from now. If ERN only earns 10% per year from now, the 2030 price forecast for ERN is $7.12.
ERN Price Prediction: How to Buy Ethernity Chain Token?
Here are the steps to buy Ethernity cryptocurrency:
- Find the exchange where the Ethernity Chain coin is listed
- Create an account with Exchange
- Verify your identity
- Finance your portfolio
- Make your purchase
ERN has been listed on major crypto exchanges. The exchanges where ERN can be traded are Cypto.com, Binance, KuCoin, etc.