How did Bruce Baschuk contribute to NoMa’s development. What recognition did he receive from the NoMa Business Improvement District. Why is NoMa considered Washington D.C.’s fastest-growing neighborhood. What impact has the J Street Companies had on the real estate market in Washington D.C.
Bruce Baschuk’s Pivotal Role in NoMa’s Transformation
Bruce Baschuk, Chairman of J Street Companies, has been recognized for his exceptional contributions to the development of NoMa (North of Massachusetts Avenue), one of Washington D.C.’s most dynamic neighborhoods. The NoMa Business Improvement District (BID) honored Baschuk with its prestigious Private Sector Award, acknowledging his instrumental role in shaping the area’s rapid growth and success.
Baschuk’s involvement with NoMa dates back to 2006 when he became the founding board chair of the NoMa BID. Under his leadership, the neighborhood experienced unprecedented growth, solidifying its position as the fastest-growing area in Washington, D.C. Over the past seven years, NoMa has seen the development of more than seven million square feet of new space, a testament to Baschuk’s vision and commitment.
Key Achievements During Baschuk’s Tenure
- Establishment of the NoMa BID in 2006
- Oversaw development of over 7 million square feet in 7 years
- Attracted significant private investment to the area
- Facilitated the creation of a vibrant, mixed-use neighborhood
The Impact of NoMa’s Rapid Development on Washington D.C.
NoMa’s transformation has had a profound impact on Washington D.C.’s urban landscape. The area has become a model for transit-oriented development, attracting both national and international attention. But what exactly has changed in NoMa over the past few years?
NoMa by the Numbers
- 45,000 daytime workers
- 4.5 million square feet leased in the last 4.5 years
- 3,900+ apartments recently completed or under construction
- 13 forms of transportation available, including two Red Line Metro stops
- 8-mile Met Branch Trail for cyclists
- Access to 8 Capital Bikeshare stations
The rapid development of NoMa has not only created a new urban center but has also significantly contributed to the city’s economy. How has this growth affected local businesses and residents?
The Role of Public-Private Partnerships in NoMa’s Success
One of the key factors in NoMa’s success has been the effective use of public-private partnerships. The construction of the NoMa-Gallaudet Metro Station serves as a prime example of how these collaborations can drive urban development. How do public-private partnerships contribute to urban revitalization?
Benefits of Public-Private Partnerships in Urban Development
- Shared financial risk between public and private sectors
- Faster project completion and improved efficiency
- Access to private sector expertise and innovation
- Improved quality of public services and infrastructure
- Catalyst for further private investment in the area
J Street Companies: A Driving Force in Washington D.C. Real Estate
As Chairman of J Street Companies, Bruce Baschuk has played a crucial role in shaping not only NoMa but the broader Washington D.C. real estate market. What services does J Street Companies offer, and how have they contributed to the city’s development?
J Street Companies’ Core Services
- Commercial sales and leasing
- Property management
- Development and project management
- Land and retail brokerage services
J Street Companies manages approximately 2 million square feet of commercial and multi-family property. Their project management team has overseen more than 8 million square feet of tenant build-outs and base building construction. Since 2000, the company has completed over 500 leasing and investment sales transactions, with a total value exceeding $1 billion.
NoMa’s Unique Features: What Sets It Apart from Other D.C. Neighborhoods?
NoMa has quickly become one of Washington D.C.’s most desirable neighborhoods. But what makes it stand out from other areas in the city?
NoMa’s Distinctive Characteristics
- Transit-oriented development with excellent connectivity
- Vibrant mix of residential, commercial, and retail spaces
- Focus on green spaces and sustainable development
- Strong sense of community fostered by the NoMa BID
- Proximity to major D.C. landmarks and government buildings
The neighborhood’s commitment to creating a balanced urban environment has attracted a diverse range of residents and businesses. How does this diversity contribute to NoMa’s unique character?
The Future of NoMa: Upcoming Developments and Trends
With its rapid growth over the past decade, what does the future hold for NoMa? Are there any significant projects in the pipeline that will further transform the neighborhood?
Anticipated Developments in NoMa
- Continued expansion of residential offerings
- Further development of retail and dining options
- Enhancement of public spaces and green areas
- Potential for additional office and commercial spaces
- Ongoing improvements to transportation infrastructure
As NoMa continues to evolve, how will it maintain its character while accommodating further growth and development?
Lessons from NoMa: Applying Urban Development Strategies to Other Cities
The success of NoMa’s transformation offers valuable insights for urban planners and developers in other cities. What lessons can be drawn from NoMa’s experience, and how might they be applied elsewhere?
Key Takeaways from NoMa’s Development
- Importance of strong leadership and vision
- Value of public-private partnerships in driving growth
- Benefits of transit-oriented development
- Need for a balanced approach to mixed-use development
- Significance of community engagement and placemaking
While every city and neighborhood has its unique challenges and opportunities, the principles that guided NoMa’s transformation can serve as a valuable blueprint for urban revitalization efforts elsewhere.
The Role of Business Improvement Districts in Urban Development
The NoMa Business Improvement District has played a crucial role in the neighborhood’s success. How do BIDs contribute to urban development, and what makes them effective?
Functions of Business Improvement Districts
- Coordinating area marketing and promotion
- Facilitating community events and programming
- Advocating for neighborhood interests
- Enhancing public safety and cleanliness
- Supporting local businesses and attracting new investment
The NoMa BID’s success in fostering a sense of community and driving economic growth serves as a model for other urban areas. How can other neighborhoods replicate this success?
Bruce Baschuk’s Leadership Style: Lessons for Real Estate Professionals
Bruce Baschuk’s recognition by the NoMa BID highlights his effective leadership in the real estate industry. What aspects of his leadership style contributed to NoMa’s success, and what can other professionals learn from his approach?
Key Leadership Qualities Demonstrated by Bruce Baschuk
- Vision and long-term thinking
- Ability to build and maintain partnerships
- Commitment to community engagement
- Adaptability in the face of challenges
- Balancing commercial interests with community needs
Baschuk’s success in guiding NoMa’s transformation offers valuable insights for aspiring leaders in the real estate and urban development sectors. How can these leadership principles be applied to other urban revitalization projects?
The Economic Impact of NoMa’s Development on Washington D.C.
The rapid growth of NoMa has had significant economic implications for Washington D.C. How has this neighborhood’s transformation contributed to the city’s overall economic health?
Economic Benefits of NoMa’s Development
- Job creation in construction and related industries
- Increased tax revenue for the city
- Attraction of new businesses and investment
- Boost to local retail and service industries
- Enhancement of Washington D.C.’s image as a business destination
The success of NoMa demonstrates how targeted urban development can drive broader economic growth. What lessons can other cities draw from this experience to stimulate their own economies?
Challenges and Opportunities in NoMa’s Continued Growth
While NoMa’s rapid development has brought numerous benefits, it also presents challenges. What are some of the key issues facing the neighborhood as it continues to grow, and how might they be addressed?
Potential Challenges for NoMa’s Future
- Maintaining affordability in the face of rising property values
- Balancing commercial growth with residential needs
- Ensuring adequate infrastructure to support increased density
- Preserving green spaces and promoting sustainability
- Managing traffic and transportation demands
Addressing these challenges will be crucial for NoMa’s continued success. How can the neighborhood leverage its strengths to overcome these potential obstacles?
The Role of Technology in NoMa’s Development and Future
As a rapidly growing urban area, NoMa has the opportunity to incorporate cutting-edge technology into its development. How is technology shaping NoMa’s present and future?
Technological Innovations in NoMa
- Smart building systems for energy efficiency
- Advanced transportation management solutions
- High-speed internet infrastructure
- Digital community engagement platforms
- Integration of IoT devices in public spaces
The integration of technology in NoMa’s development not only enhances quality of life for residents and workers but also positions the neighborhood as a model for smart urban growth. How might these technological advancements influence future urban planning strategies?
NoMa’s Impact on Washington D.C.’s Urban Planning Policies
The success of NoMa has influenced urban planning policies throughout Washington D.C. How has the neighborhood’s development shaped the city’s approach to urban growth and revitalization?
Policy Implications of NoMa’s Success
- Increased focus on transit-oriented development
- Greater emphasis on public-private partnerships
- Reevaluation of zoning regulations to encourage mixed-use development
- Enhanced support for Business Improvement Districts
- Renewed interest in brownfield redevelopment
The lessons learned from NoMa’s transformation are likely to inform urban planning decisions in Washington D.C. for years to come. How might these policy shifts impact other neighborhoods in the city?
J Street Chairman Bruce Baschuk Recognized with Private Sector Award by NoMa BID
News – Press Releases
-
Apr
12
2013
J Street Chairman Bruce Baschuk Recognized with Private Sector Award by NoMa BIDJ Street Chairman, Bruce Baschuk, was recognized
last night by the NoMa Business Improvement District (BID) with its Private
Sector Award. The award was given during the BID’s Annual Meeting with hundreds
of commercial real estate professionals, city officials, residents, office
employees, developers, and NoMa stakeholders in attendance. Mayor Vincent C.
Gray also received the organization’s Public Sector Award during the ceremony. Mr.
Baschuk was the founding board chair for the NoMa BID, created in 2006. During
his tenure as Chairman of the Board of the BID, the area grew and thrived,
becoming the fastest growing neighborhood in Washington, D.C., with more than
seven million square feet of development accomplished in the last seven years.
“Every property owner, resident and worker in NoMa owes Bruce a
debt of gratitude for the vision and commitment he displayed for the NoMa
neighborhood,” said NoMa BID President Robin-Eve Jasper. “Stable and
collaborative leadership has been a hallmark of the NoMa BID, and we are
thankful for Bruce’s exemplary service.”
In accepting the award, Mr. Baschuk applauded the property owners, city
leaders and growing list of companies who have chosen NoMa for their vision,
determination and willingness to bet on the creation of a vibrant new neighborhood
just blocks from the Capitol. “The renaming of the NoMa/Gallaudent Metro
Station in 2012 says it all,” said Baschuk. “From the first cup of local coffee
in the morning to the hustle and bustle in our offices and hotels to the NoMa
Summer Screen outdoor movies at night, this amazing neighborhood has become a
centerpiece for Washington, DC. I applaud all of you – from the smallest
retailer to our largest owners and tenants – for your work alongside myself,
the Board and our fantastic staff in bringing NoMa to where it is today. ”
About The J Street Companies
The J Street Companies offers a complete array of real estate services, from
commercial sales and leasing (including land and retail brokerage services) to
property management, development and project management. J Street manages approximately
2 million square feet of commercial and multi-family property and has an
experienced project management team that has managed over 8 million square feet
of tenant build outs and base building construction. Since 2000, the
company has accomplished more than 500 leasing and investment sales
transactions with an aggregate value of more than $1 billion. For more
information on the J Street Companies, please visit us at www.jstreetcompanies.com.
About
NoMa
NoMa is a vibrant, growing neighborhood north of Union Station and the
U.S. Capitol in Washington, D.C. Its ground-breaking public-private partnership
to build the NoMa-Gallaudet Metro Station and the terrific success of NoMa’s
green, transit-oriented development draws national and international attention.
In the last several years, private developers have invested billions in the
35-block area covered by the NoMa BID, and have plans to develop more than 20
million square feet of office, residential, hotel, and retail space. NoMa is
now home to 45,000 daytime workers, with 4.5 million SF leased in the last 4.5
years. More than 3,900apartments have been recently completed or are under
construction. NoMa offers 13 forms of transportation, including two Red Line
Metro stops, and the best biking facilities in DC, with the only East Coast
Bikestation, the 8-mile Met Branch Trail, and access to eight Capital Bikeshare
stations. NoMa is the most connected neighborhood in Washington, D.C. For more
information about NoMa, visit www.nomabid.org and sign up for the bimonthly
newsletter. Follow on Twitter @NoMaBID; or Facebook at
www.facebook.com/nomabid.
-###-
Karen Widmayer
karenwidmayerpr@gmail. com
301.661.1448
DCBIA
DCBIA (District of Columbia Building Industry Association) builds leaders, community, partnership and the economy for our vibrant city through content-rich programs, networking and education.
With a membership of 500 companies and organizations and several thousand real estate professionals, DCBIA members represent all aspects of real estate development including developers, general contractors, architects and engineers, lenders, attorneys, brokers, title companies, utility companies, and community development organizations.
DCBIA represents the interests and views of its members before the District of Columbia and the federal governments, community organizations and other business associations. As a service organization, it offers comprehensive educational programs, social events and community service activities. DCBIA’s extensive committee structure invites direct member participation in the shaping of association and business community positions on key issues impacting the economic health and governance of Washington, DC.
2023 Board of Directors
Richard Lake
DCBIA President
Roadside Development
Maria Thompson
DCBIA Vice President
Hoffman & Associates
Toby Millman
DCBIA Vice President
Perseus TDC
Clint Mann
DCBIA Vice President
Urban Pace
Charles Asmar
DCBIA Secretary
Asmar, Schor & McKenna
Mitch Weintraub
DCBIA Treasurer
Cordia Partners
Anitra Androh
DCBIA Executive Committee Member
Nelson Mullins
Adam Gooch
DCBIA Executive Member
Akridge
Janene Jackson
DCBIA Executive Member
Holland & Knight
Antonio Marquez
DCBIA Executive Committee
EagleBank
Stephanie Williams
DCBIA Executive Committee Member
The Bozzuto Group
Jeffrey Utz
DCBIA Executive Committee Member
Goulston & Storrs
2023 Directors
Buwa Binitie
Dantes Partners
William Collins
The Concordia Group
Vicki Davis
Urban Atlantic
Jerry Distefano
CohnReznick
Mike O’Hara
Bohler DC
Darick Edmond
Skanska
Jeffrey Gelman
Saul Ewing Arnstein & Lehr LLP
Simone Goring Devaney
CSG Urban Partners
Steve Hawryluk
Davis Construction
George Kreis
Balfour Beatty Construction
Curvin Leatham
Area Probe
Derrick Mashore
CBRE
Deryl McKissack
McKissack & McKissack
Bo Menkiti
The Menkiti Group
Bob Milkovich
Rand Construction
Barbara Mullenex
Perkins Eastman
Ava Norton
Clark Construction
Matt Ritz
WC Smith
Robbie Saclarides
JBG Smith
Chad Shuskey
Washington DC Economic Partnership
Sean Sullivan
Boston Properties
Jason Spencer
Madison Marquette
Mike Valazak
MILLER
Gia Vosilla
Brookfield Properties
Adrian Washington
Neighborhood Development Company
Katie Wiacek
Hines
David Wilmot
Jensen Hughes
David Yampolsky
Community Three
2023 Executive Council
Freddie Lewis Archer
Lewis Real Estate Services
Pamela Bundy
Bundy Development Corporation
Tanja Castro
CastroHaase
Peter Cole
Madison Marquette
Christopher J.
Donatelli
Donatelli Development
Philip M. Horowitz
Venable LLP
Desa Sealy
Gotham Partners
Roderic L. Woodson
Parker Poe
2023 Past Presidents Council
William B. Alsup III
Hines
Charles K. Barber
The George Washington University
Neal B. Bien
Bien/Paul Ventures, Inc.
Robert H. Braunohler
Property Group Partners
Sean C. Cahill
SCahill LLC
Gregory W. Fazakerley
CG Investments, Inc.
Bradley J. Fennell
WC Smith
Steve A. Grigg
Republic Properties Corporation
Lynn Hackney
Community Three
Joseph F.
Horning, Jr.
Horning Brothers, Inc.
Ernest Drew Jarvis
Jarvis Commercial Real Estate
Merrick T. Malone, Esq.
Malone Development Group
Philip R. Miller
MDC Land, Inc
W. Christopher Smith, Jr.
WC Smith
William O. Vose
Real Estate Development Advisor
Thomas W. Wilbur
Akridge
James S. Williams
The Carlyle Group
IN MEMORIAM
ALBERT “BUTCH” HOPKINS (1941-2012)
Anacostia Economic Development Corporation
2023 Counsel
Paul Tummonds
Goulston & Storrs
2023 Advisory Council
Jennifer Eugene
Washington Gas
David Gadis
DC Water
James Pittman
Pepco
Steven Teitelbaum
Washington Metropolitan Area Transit Authority (WMATA)
Maxim Baschuk, Russia, Vladivostok | Remarka.
city
Basic information about Maxim
Maxim Baschuk from Vladivostok, Russia. Hometown – Lutsk. Information about Maxim’s biography was obtained from public sources: information about social networks, contacts and friends (2).
Country: | Russia |
City: | Vladivostok |
Place of birth: | Lutsk |
Age: | no data |
Date of birth: | no data |
Zodiac sign: | no data |
Marital status: | unknown |
Update profile Maxim
Interests, hobbies and life position
Music: | Sevendust Jane’s Addiction Limp Bizkit The Darkness Deep Purple – Child In Time Foreigner-Cold As Ice Non-Angels, Zemfira, Samantha Jade breaks mambo power metal pub rock Rap (hip-hop) hard bop Fusion Meshuggah Crocus Avenged Sevenfold Boyce Avenue Mike Higham & Matthew Margeson Bulb |
Movies: | V means vendetta Gandhi Artificial intelligence, Forrest Gump, LOL beside myself Matrix Terminator Walking castle Bruce Almighty Duel of brothers. History of Adidas and Puma Start Reach out to heaven Pearl Harbor Butterfly Effect Gran Torino |
TV shows: | Late Show with David Letterman Rowan & Martin’s Laugh-In Fear factor wedding size People’s Artist, Project Runway, The Hunger Games America’s Top Model Lie detector Inspector Freimuth Eurovision Speaking and showing Evening Urgant I am ashamed of my body Voice Exactly the same! Alone with everyone Wait for me Sunday evening with Vladimir Solovyov |
Games: | FIFA 17 FIFA 16 #KILLALLZOMBIES YO-KAI WATCH Farming Simulator 17 Woolfe: The Redhood Diaries Dark business. Blood Ruby Legends of Namariel. Iron Lord Limbo, Dishonored, Burnout Paradise Grand Theft Auto V DOOM / Doom Just Cause 3 Battlefield: Hardline The Crew Never Alone / Kisima In?itchu?a Wasteland 2 Grand Theft Auto 5 Until Dawn Total War: Warhammer Gears of War 4 Apocalypse Heroes of the Storm |
Books: | And destruction came Mrs. Dalloway Berlin Alexanderplatz Shakuntala Gulliver’s Travels 1984 Lost heaven Leo Tolstoy “Anna Karenina”, Ostrovsky “Sheep and Wolves”, Vladimir Pozner “Farewell to Illusions” white peak Pride and Prejudice horror Master and Margarita Count of Monte Cristo Perfumer cruel sea Thousand and One Nights Trails on the big sertan Crime and Punishment moby dick War and Peace For whom the Bell Tolls Art of War Crime and Punishment |
Interests: | Running Trampolining body painting Creation of board games gardening passion for photography Beach, youth, mountains painting ballet cities reading fiction Concerts |
About me: | |
Activity: | Beauty salon administrators banking love |
Language skills: | Ukrainian |
Political views: | indifferent |
Religion and worldview: | Islam |
Attitude to alcohol: | strongly negative |
Smoking habits: | compromise |
The main thing in people: | power and wealth |
The main thing in life: | career and money |
Favorite quotes: | The same thing happens to a man as to a tree. The more it aspires upwards, towards the light, the deeper its roots dig into the earth, downwards, into darkness and depth – to evil. There is nothing more tiring than to be present when a person demonstrates his mind. Especially if there is no mind. |
Inspirations: |
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Shamil Isaev
901 80 Yana Yakovleva
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What is the Ethernity Chain (ERN) token, a platform for verified NFTs (aNFTs) on Ethereum and Polygon?
Ethernity Chain is a platform for verified NFTs (aNFTs) on Ethereum and Polygon. The NFTs on this platform are generated based on the licensed intellectual property rights of figures in sports, arts, entertainment, etc. In this article, let’s learn about the Ethernity chain and the ERN token from the Crypto Blog.
In this article we will discuss:
What is an Ethereum chain?
Ethernity Chain, built on top of the Ethereum and Polygon network, is a community-driven platform that produces limited edition, NFT-verified (a-NFT) and pre-defined trading tokens created by renowned artists and endorsed by entertainment, music, and sports celebrities . industries.
Founded by longtime cryptocurrency investor, digital asset enthusiast and philanthropist Nick Rose Ntertzas, Ethernity Chain is dedicated to exploring the digital art world with non-fungible tokens and promoting the public good by auctioning NFTs to help charities or donate a portion of artists’ profits to charitable foundations. charity of your choice.
Ethernity is an innovative NFT project focused on charity, auctioning art from artists and stars from music, film, sports, cryptocurrency and other industries. Each digital work of art is presented as a non-fungible token (NFT) and created by famous artists. The works feature popular public figures, and a portion of all proceeds from the work will be donated to charity. — Nick Rose Ntertzas at Hackernoon
Ethernity Network Team
Ethernity Chain has an all-star team that is always hard at work for the project’s long-term success and growth, and helps Ethernity stay ahead of the curve with cutting-edge technology in the NFT space. Etherity Chain team members:
- Nick Rose Ntertzas – Founding CEO
- Mr. McFolea – Chief Engineer
- Evangelios Diamantis – CFO
- Adrian Baschuk – Chief Operating Officer
- Steve D’Agostino – Chief Marketing Officer
From Ethereum to Ethereum
According to founder and CEO Nick Rose, Ethernity Chain was developed through his passion for philanthropy and the arts, and was directly inspired by the CryptoKitties NFT movement. Ethereum in 2017.
While Bitcoin aims to avoid the centralization of government-issued coins, its blockchain technology has opened up an exciting new horizon of possibilities. For example, Ethereum has taken advantage of this technology and become a pioneer in the world of decentralized applications (dApps). Then came the complex decentralized finance (DeFi) architecture, and then NFTs took a big step into the crypto space.
The Ethereum-based CryptoKitties movement exploded NFTs in 2017, legitimizing NFTs as an asset class and giving digital collectibles an interesting twist. In 2021, Ethernity Chain converts non-fungible tokens into collectible assets and is a pioneer in its own NFT-verified state. Before delving into the usefulness and key features of Ethernity Validated NFTs, you should briefly discuss the fundamental factors that give NFTs their intrinsic value and describe their non-fungible nature. What are tokens?
The Ethernity Chain platform is closely related to philanthropy. CEO Nick Rose has a background in environmental activism. In addition to being the head of Global Wildlife Conservation, Rose has helped protect the Amazon rainforest through philanthropic initiatives. It is clear from the spirit of Ethernity Chain that this project aims to improve society and have sustainable charitable goals.
If you are working with a charity or company and want to learn how cryptocurrencies and blockchain can benefit your project, be sure to check out the Crypto Basics and Blockchain & Bitcoin 101 courses at Ivan on Tech Academy. After that, our Fintech 101 and Blockchain Business Masterclass courses are the perfect way to learn how to implement payment services and blockchain infrastructure in your current systems! Ivan on Tech Academy is the number one blockchain educational online package offering courses covering all areas of the industry. Join our community of thousands of like-minded students to get your cryptocurrency journey off to the right start!
NFT value
Non-fungible tokens (NFTs) are the only cryptographically represented assets on the chain. Unlike “fungible” tokens, which are equally fungible, such as 1 bitcoin can be exchanged for another bitcoin and 1 Ethereum is identical to another Ethereum, a token is not exchangeable. A replacement is essentially the only existing version of the asset itself, and therefore cannot be exchanged for another of the same kind.
There are many NFTs, the most common example of a non-fungible token would be an artwork, collection or trade token. In this case, the user can save two NFTs representing the same piece of art, but due to the cryptographic uniqueness of each NFT, the visually identical images are not actually the same and therefore not interchangeable.
It is their non-fungibility that gives NFTs their intrinsic value, but the point here is that almost anyone with a Metamask wallet can deploy Ethereum on a platform like Rarible and create their own NFT surname. The newly created NFT will indeed be cryptographically unique, but there is no way to prove or guarantee its authenticity, and this is where Ethernity Chain a-NFTs come into play.
What are authenticated NFTs?
NFTs are an extremely dynamic asset class and the potential use cases for them are simply extraordinary. Ethernity Chain exploits the versatility of non-fungible tokens by implementing its own internally validated NFT design known as a-NFT and delegating them to a specific utility. With so much art, it becomes extremely difficult to effectively test NFT audio levels, and Ethernity has tried to solve this problem with their a-NFT standard.
Ethernity developed the a-NFT model to help pinpoint the value of digital art and collectibles and provide an additional layer of asset verification against fakes and artifacts. In addition, the NFT Ethernity verification process is enhanced by the transparency of blockchain transactions and the cryptographic uniqueness of each of its a-NFTs.
All a-NFTs on the Ethernity chain are authenticated by their respective creators and verified by celebrities, a process that helps increase user confidence in the collection itself and allows buyers to know the exact origin of the NFT, the date it was related. son-in-law and, most importantly, the celebrity who supports him. By attracting creators and influencers at the same time, Ethernity Chain aims to increase the collectible value of artworks and contribute to the history and history of the NFT.
Ethereum a-NFT crashes
Etherity Chain makes a spectacular debut as legendary UFC host Bruce Buffer unveiled the countdown and announced his own approved NFT on Etherity Chain.
On March 7, 2021, Ethernity Chain officially released “Ethernity Chain x Boss Logic Collection” as its first “Community Drop”.
Boss Logic is an Australian digital artist and one of the most respected NFT creators in the field.
The purpose of this “Community Drops” is to provide eager collectors with early access to a selection of rare NFTs, as well as provide a platform for artists to showcase their art to the public.
Boss Logic ‘Community Drop’ containing 2501 NFTs will be illustrated and sold to the Ethernity Chain community. The collection was minted and sold on the official OpenSea account under the name “Ethernity Chain”, resulting in a successful sale of 1,644 NFTs, corresponding to approximately $884,000 in revenue.
The Ethernity Chain x Boss Logic collection was followed by several Community Drops with numerous a-NFT offerings created by renowned artists in honor of football legend Pelé, skateboarding hero Tony Hawk, legendary boxer Muhammad Ali and classic fashion diva Marilyn Monroe and many more . A little.
Why is a-NFT still here?
There is an argument to support the usefulness of NFTs not only in the world of collectibles and digital art, but also in industries as diverse as games, sports, music, decentralized finance (DeFi), and even real estate.
According to Ethernity founder and CEO Nick Rose, NFTs have taken the lead when it comes to talking about collectibles and are constantly proving to be a fundamental building block of the emerging virtual economy. Nick Rose argues that the games and augmented reality (AR) industry currently represents the most promising environment for NFTs and NFTs in particular as they are likely to become one of the fastest growing industries. ecosystem.
Thanks to the distributed ledger system of blockchain technology, virtual items and in-game assets can be encrypted on the network and exist as a unique, non-fungible token. So with the growing demand for non-replacement domains in virtual domains, there is a huge opportunity for NFT to grab a stake in the $150 billion gaming industry and create a whole new market for the value to be gained.
ERN token
ERN token with a total supply of 30 million is the native asset of the Etherity chain. ERN is an ERC-20 token that plays an important role in the Ethernity ecosystem and has many DeFi utilities, making Etherity Chain a DeFi-NFT cross project. Etherity Chain has the following use cases:
- Buy NFT: Users can buy authenticated NFT (aNFT) on the Ethernity Chain marketplace. The bill provides for NFT with ERN tokens and blocks 75% of the collected tokens in reserve for two years.
- Liquidity Mining: Users can provide liquidity on the ETH-ERN pair. Uniswap to participate in the LP Staking Incentive Program.
- NFT Farming: Users can bet on ERN to earn STONES that can be used to earn Bosslogic NFTs. Some NFTs will be available for purchase with STONES.
Ethereum Deflation Ecosystem
The ERN token acts as a deflationary asset. When a user buys NFT with ERN, Ethernity collects ERN tokens as payment for the NFT and locks 75% of the collected tokens in the Ethernity Chain Reserve smart contract for two years. Tokens are periodically unlocked and used to fuel the Bounty Pool and deposit liquidity providers.
This cycle creates a deflationary token environment in which the circulating supply of ERN tokens is directly related to the amount of NFTs traded on the platform. Finally, the ERN token economy embodies the community-driven spirit of Ethernity and helps the project maintain its decentralized philosophy.
ERN Staking and Rewards
Ethernity Chain is launching a liquidity provider (LP) staking program, however rewards will be provided to members who choose to interact with the ERN/ETH pair on Uniswap. The blocking period will last 30 days, after which the pool will be reset. On average, liquidity providers can expect annual percentage returns ranging from 100% to 300%. To participate in the ERN staking program, users must:
- Deposit tokens into the Uniswap V2 ERN/ETH pair and receive DEX-issued LP tokens equivalent to the user’s pool membership.
- Access the staking option on Ethernity and connect the wallet address that contains the specified LP tokens.
- The approval and locking of tokens in a staking contract is known as the Liquidity Rewards Program.
Stones of Eternity
Stones are a key cultivated asset that allows users to redeem NFTs from the Ethernity Chain collection and is the definition of ERN DeFi-NFT cross-utility. To access Stones, users need to register an account on EtherityChain.io. The account gives users the ability to not only farm stones, but also access new features such as buying, trading, and voting on the Ethernity market.
Stones are farm-only assets, meaning they can only be obtained with ERN tokens. For a stone farm, users must link their Metamask wallet to the Ethernity Chain platform, click on the Farm Stones section, and confirm the transaction. It is important to note that 1 ERN token is equivalent to 1000 stones, and only the Metamask wallet can be used to farm stones. In addition, Stones have no monetary value, are non-transferable and cannot be exchanged for ETH or ERN.
Once the transaction is approved, the selected ERN tokens used to farm the stones will be tied to a farming contract on the Etherity chain.
What is the Ethernity Chain (ERN) price forecast?
Ethernity Chain price is predicted to hit a high of $16.065 during 2022.
According to our Cryptocurrency Price Prediction Index, as early as 2023, Ethernity Chain (ERN) could reach a high of $30.92 with an average trading price of 22.9$91,000.
In 2025, according to our cryptocurrency price prediction index, ERN should cross the average price level of $37. 27. The expected minimum price of Ethernity Chain at the end of this year should be $34.41. In addition, the maximum price of ERN can be as high as $37.98.
Where can I buy an ERN token?
ERN cryptocurrency can be traded on the following exchanges:
- Binance
- OKH
- Mandala Exchange
- KuCoin
- Gate.io
Conclusion
Ethernity Chain is a proven NFT platform that aims to revolutionize the collecting industry by allowing users to own unique and verified NFT artworks on the blockchain. The project uses the power of influencers from sports, entertainment, music and blockchain to provide a layer of authentication in the world of non-fungible tokens and allows artists to showcase their talents.
In addition, Etherity Chain is involved in charity and social causes and donates one percent of the platform’s profits to a wide variety of charities. Primarily focused on NFT, the project implements DeFi features such as staking rewards and farming options and can therefore be considered a cross-platform DeFi-NFT.