Ethernity Chain Price Prediction Today

As claimed 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-name brands and IPs in sports, content, collectibles, and technology.

Ethernity Chain claims that the purpose of auctioning the NFTs it help charities or donate a portion of the artists’ profits to a charity of their choice. NICK ROSE NTERTSAS is the founder and CEO of Ethernity chain, Chief Digital Officer at Global Wildlife Conservation.

Uses of Ethernity Chain

Ethernity Chain allows users to authenticate non-fungible token (NFT) transactions, which means participants can view all transactions in crypto via the blockchain. It brings liquidity to the market.
Ethernity Chain is designed to help you accurately determine the value of digital collectibles. Furthermore, Ethernity Chain aims to use NFTs for social good and explore the opportunities they provide in philanthropy.
Digital artwork can be self-traded and tokenized through this blockchain.

How is Ethernity Chain Different?

Ethernity Chain claims to be the King of NFT Marketplace and therefore to have such claims, it must have positioned itself differently from the rest of the NFT marketplaces. Here is how Ethernity Chain is different from other NFT marketplaces:

Ethernity Chain has positioned itself as the NFT marketplace for verified artwork. Therefore, before auctioning any artwork of famous personalities on its platform, Ethernity Chain verifies it and then lists them on its platform.
Ethernity Chain merges the utility of DeFi with the NFT to produce a rare collection of artwork of well-known figures and personalities.
With auctioning of NFTs, Ethernity Chian promotes social good. Ethernity Chain donates to charities from its profit and also to charities of the choice of the artists.

Who are the Competitors and How Have They Performed?

The NFT marketplace is ever-expanding there are big players who have taken the major share of the business. Verified Market Research (VMR) publishes a report that the NFT marketplace would be worth $231 billion by 2030. In 2021 it was valued at $11.3 billion.

With the boom in the gaming sector, the adoption of NFT has increased. The major players in this field are:

OpenSea
Rarible
SuperRare
Foundation
AtomicMarket

For Ethernity Chain, ERN is its native token and the current valuation of Ethernity Chain is $57.3 M. Opensea which is leading the NFT marketplace has a valuation of $13 Billion.