Ethernity IDO Concludes Within Minutes As NFT Hype Intensifies

Ethernity, the team behind Ethernity Chain, has successfully concluded its Initial DEX Offering (IDO) on Polkastarter. The campaign lasted all but three minutes, as over 160,000 users wanted to participate in the token sale. This marks a significant milestone for the charity NFT project. 
Growing NFT Hype
Over the past few weeks, there has been a lot of hype associated with Non-Fungible Tokens (NFTs). Most recently, Ethernity announced their Muhammad Ali collection in collaboration with ABG, the 3rd biggest licensor behind Disney and Universal. Even Taco Bell is getting in on the action by issuing a NFT for four digital art collectibles. While some may see this as a temporary hype, the potential for increasing brand awareness is tangible. 
Other initiatives to pay attention to include NBA Top Shot – a project raising $300 million in sales – and Cent, a platform where anyone can sell their Tweets for money. These are just some examples of what blockchain technology is capable of, and why the immutable minting of artwork ownership will become more crucial in the future. 
One of the projects attracting a lot of attention is Ethernity. Even before the project’s IDO started, there was a lot of buzz surrounding this new venture. Being able to mint NFTs as a way to help support charitable causes brings more legitimacy to this nascent industry. 
The launch of this platform coincides with the ongoing FOMO surrounding Non-Fungible Tokens. Striking the iron while it’s hot will give Ethernity a competitive edge over other platforms …
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