Ethernity Chain to collaborate with Kenetic to further NFT ecosystem

Ethernity Chain to collaborate with Kenetic to additional NFT ecosystem

Group-oriented non-fungible token platform Ethernity Chain is partnering with Hong Kong-based crypto funding agency Kenetic Capital to broaden its ecosystem.

Based on an announcement right now, Kenetic will assist the Etherenity Chain community by increasing the event and adoption of blockchain platforms by means of expertise, investments, and advisory companies. Etherenity Chain’s non-fungible token, or NFT, platforms present numerous unique tokenized art work from distinguished sports activities figures together with skateboarder Tony Hawk and basketball legend Shaquille O’Neal.

“Ethernity is main the best way for next-generation NFT platforms by offering followers entry to a few of the most legendary figures and types in historical past whereas fixing essential UX points for collectors,” mentioned Kenetic co-founder Jehan Chu. “I consider NFTs are the true lacking hyperlink between on-line and offline objects, and can rework not solely artwork, but additionally enterprise, finance, society and tradition.”

Each Kenetic and Ethernity Chain have made many inroads into NFTs because the market grows in 2021. Chu bought the .NFT area extension for $84,00zero by means of the Namebase market in February, whereas Ethernity Chain introduced final month it will be working with graphic artist BossLogic to launch an unique line of tokenized artwork items for the neighborhood.

Via the sale and promotion of bizarre digital art work and collectibles, the NFT market appears to be on an exponential progress path this yr. A bit from artist Mike Winkelmann — also called Beeple — raised greater than $69 million on Christie’s public sale home final month, whereas NFTs from distinguished musicians and public figures proceed to drop each day.