Farmer’s Market July 2023

Ethernity Chain
6 min readJul 7, 2023

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Calling all Stones Farmers! Get ready for the upcoming second month of the Farmer’s Market, starting July 10th. We’re thrilled to announce some exciting changes in store for you, including a revised weeks’ order and an abundance of fantastic Comic-related prizes to coincide with the San Diego Comic-Con.

The Farmer’s Market continues its reign as a must-attend event, offering a recurring experience that keeps you engaged and eager for more. With each new four-week cycle, we promise a fresh and exhilarating visit that will leave a lasting impression. Prepare to be delighted with unique items, exclusive rewards, and thrilling opportunities that showcase our dedication to quality and innovation.

Make sure to mark your calendars for the grand opening on July 10th. Join us as we embark on this exciting adventure together. Immerse yourself in a world of diverse flavors, forge connections with fellow enthusiasts, and become an integral part of our thriving community.

This is an opportunity you won’t want to miss! Be sure to attend the Farmer’s Market and indulge in a shopping experience that will ignite your inspiration and leave you thoroughly satisfied. And for those who are not yet Stones Farmers, becoming one is a breeze. Simply stake your ERN tokens on the Ethernity marketplace to receive a daily reward of 1,000 Stones per token. These Stones can be exchanged for exclusive and enthralling prizes.

Now let’s take a sneak peek at what each week of the Farmer’s Market has in store for you:

Week 1 (July 10): Surprise-Filled Mystery Boxes

In the first week, get ready for exhilarating surprises! We have 30 Mystery Boxes filled with a captivating mix of physical and digital goods. Each box is priced at 25,000,000 Stones and contains incredible items such as:

5 x Amazon Echo Show 5

5 x The Batman Box Set

5 x Frank Miller “300” Cover

5 x Logitech Mx Master 3s

5 x Sony WF-C500

5 x Ticketmaster Gift Card

Week 2 (July 17): Exciting Auctions for Digital and Physical Goods

As we enter the second week of the Farmer’s Market, prepare yourself for thrilling auctions. We’ll be featuring four auctions with a wide array of remarkable products. Starting from a minimum bid of 1,000,000 Stones, you’ll have the chance to acquire items like:

1 x Nintendo Switch OLED

1 x Invincible #100 — CGC Signature Series Custom Label 9.6

1 x PureArts: Assassin’s Creed R.I.P. Altair 1/6 scale Diorama

1 x Ultimate Comics All New Spider-Man #1 — CGC Signature Series Custom Label 9.6

Week 3 (July 24): Exclusive Mystery Boxes with Unique, Authenticated NFTs

In the third week, we have something truly special for you. Limited to 150 Mystery Boxes, each priced at 10,000,000 Stones, these boxes contain highly sought-after NFTs. Among them, you’ll find :

1 x Genesis Satoshi

5 x The Dreamer: Tamika Catchings

5 x James Dean: Autograph

5 x Phil Ivey: Jack Card

5 x AFA — Argentina: Stars

10 x Heavy Metal: Gravestead the Dragonslayer

10 x DeLorean: Into the Metaverse

15 x Armstrong Footprint GPS III SV05 Commemorative

15 x Dan Marino: Legendary

19 x Zeke Elliott: #IRCs21

20 x Winklevoss: Common

20 x Anderson Silva: Common

20 x Dak Prescott: Epic

Week 4 (July 31st): Thrilling higher price-point NFT Auctions

The final week of the second month of the Farmer’s Market is packed with excitement. We have eight captivating auctions for unique NFTs, including the renowned Genesis Satoshi NFT. Prepare yourself for an exhilarating bidding experience, starting with a minimum bid of 1,000,000 Stones. Don’t miss your chance to compete on the below items:

1 x Ethernity: Genesis Satoshi

1 x Dak Prescott & Zeke Elliott: Wearable Shoulder Pads

1 x Fernando Tatis Jr: The Bat Flip

1 x James Dean: Hollywood Star

1 x Luka Modric: Median

1 x Maluma: Parallel Universe

1 x Nas: N.Y. State of Mind

1 x Shaquille O’Neal: Champion IV

1 x Tony Hawk: Downward Spiral

Auction Rules

Auction Duration:

  • Auctions will last for a minimum of 96 hours and are scheduled to end every Friday at 12 PM EST.

Minimum Bid Increase:

  • To place a higher bid, it must be at least 10% higher than the current highest bid.

Bid Extension:

  • If a user places a bid within the last 5 minutes of the auction, the auction will be extended by an additional 5 minutes from the time of the last bid. For example, if a bid is placed on Friday at 11:57 AM EST, the new auction deadline will be moved to Friday at 12:02 PM EST.

Overspending Protection:

  • If you have the highest bid during an auction, the Stones allocated for that bid cannot be used for buy-now purchases or for bidding in another auction.

Final Bids:

  • Bids placed in the auction are considered final and cannot be undone. Please ensure that you review your bids carefully before submitting them.

Prize Delivery:

  • The auction’s prize, in the form of an NFT, will be delivered to you within 72 hours from the conclusion of the auction.

Resale and Redemption:

  • The winning user has the option to resell the prize. The new holder of the NFT can redeem it for a physical good, provided it is done before the redemption deadline.

Redemption Deadline:

  • The redemption deadline is set at 90 days from the conclusion of the auction. After this period, redemption will no longer be possible.

NFT Redemption Process:

  • To redeem your NFT, which represents a physical or digital good, you must initiate the redemption process by burning the NFTs. Detailed instructions for the redemption process will be provided in a separate Medium article.

Participation in Multiple Auctions:

  • Users are permitted to participate in multiple auctions simultaneously, provided their Stones balance allows for it.

Gas-Free Bidding:

When placing a bid, there is no transaction gas fee cost associated with it. However, a wallet signature is required to authenticate the bid

Buy-Now Rules

Availability:

  • Mystery Boxes are available until they are sold out. There is no specific time limit imposed on their availability, and it solely depends on the boxes stock.

Purchase Limit:

  • For Mystery Boxes — NFTs, users can buy a maximum of 2 boxes. For Mystery Boxes — Goods, users can buy a maximum of 1 box.

Prize Delivery:

  • Once you reveal your Mystery Box, the prizes in the form of NFTs will be promptly delivered to you.

NFT Redemption Process:

  • To redeem your NFT representing a physical or digital good, you need to initiate the redemption process by burning the NFTs. Detailed instructions for the redemption process will be provided in a separate Medium article.

Finality of Buy-now Purchases:

  • Buy-now purchases are considered final and cannot be refunded. Please carefully consider your decision before making a purchase.

Resale and Redemption:

  • The winning user has the option to resell the prize. The new holder of the NFT can redeem it for a physical good, provided it is done before the redemption deadline.

Redemption Deadline:

  • The redemption deadline is set at 90 days from the conclusion of the auction. After this period, redemption will no longer be possible.

Stay tuned for more updates and next month’s plan with detailed information about the Farmer’s Market. Get ready to immerse yourself in this groundbreaking shopping experience and turn your hard-earned Stones into incredible prizes!

About Ethernity:

Ethernity is a community-centric marketplace offering authenticated and licensed digital collectibles from the top entertainment brands in the world. The Ethernity ecosystem is built on the Ethereum blockchain and utilizes web3 technology for NFT, DeFi, and next-gen consumer products.

Ethernity links:

Website: https://ethernity.io

Twitter: https://twitter.com/EthernityChain

Discord: https://discord.gg/ethernitychain

Medium: https://ethernitychain.medium.com

Telegram: https://t.me/ethernitychain

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