What is Ethernity Chain (ERN)

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