By Shelly Melancon (Switzerland)
Ethernity chain (ERN), whose market segment is solely about non-fungible tokens, has released three series of digital collectibles created by bitcoin legends, the Winklevoss twins.
Cameron and Tyler Winklevoss’ NFTs now on ERN
Per a press release by the Ethernity chain product section, three series of the NFTs were released on Saturday. The NFTs immortalize the Winklevoss twins, an Olympic rowing pair and founders of Gemini, a top crypto exchange firm.
Ethernity Chain Tweet. Source: Twitter
Ethernity chain collaborated with a team of digital artists from visual labs to create these NFT series and titled them “legendary,” “epic,” and “common.” Three hundred fifty (350) digital cards were released, and two days after release, over 100 of them have already been sold. Cameron Winklevoss said that one of the ways he and his brother is showing full support for the NFT movement is their involvement in the release of these digital cards.
According to him, “it is an honor to have an NFT released in our images, especially when it comes from Ethernity chain. We are convinced that digital cards will be a permanent part of our human existence, and the most suitable way we can demonstrate our support for this massive revolution is to be memorialized on the blockchain.” ERN’s Winklevoss twins’ NFT series is one of their maiden authenticated NFT (aNFT) offerings. Authenticated NFTs are a way of protecting the marketplace from fake digital cards.
Also read:Guaranteeing Authentic NFTs
The Ethernity team intends to authenticate every token offering through the release of an authenticated NFT, which ensures that each NFT is truly from its rightful owner. As is often the case, most of the funds generated from these series offerings will be given to NGOs. One of the NGOs that will benefit from these proceeds is Row New York, which will receive about 90% of the funds generated.
Row New York is a New York-based NGO whose main objective is to extend rowing access to those living within the new york state area. The NFT market continues to soar, with a popular meme, “Charlie Bit My Finger,” being sold for over $750k as a digital card. The David-Carr family put up the meme on an NFT auction site, and bids started flowing from the beginning till the last moments of the auction.
Gemini Keeps Growing
Meanwhile, cryptocurrencies under the custody of the Gemini exchange are now worth a whopping $35 billion. The exchange attributed their significant rise this year to the interest of traditional investors in the crypto market. This Coinbase leading competitor works in partnership with large asset managers such as WealthSimple, Eaglebrook Advisors, BTG Pactual, CI Global Asset Management, Coinlist, and Blockchange.
After seeing Coinbase listed on the NASDAQ exchange, the Winklevoss twins have stated that they might likely do likewise with their Gemini exchange. This would be good music to the ears of Coinbase shareholders as the public listing of another exchange could cause a rise in the share price which has declined by almost 14% since the first day of being listed.
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