Introducing the Farmer’s Market: A Revolutionary Shopping Experience for Stones Farmers!

Ethernity Chain
6 min readJun 8, 2023

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Stones Farmers, mark your calendars because June 12th is the day everything changes! We are thrilled to announce the arrival of the Farmer’s Market — an event that will revolutionize the way you use your Stones and create a lasting impact on our community.

The Farmer’s Market is not just a one-time affair; it’s here to stay, offering a consistent and thrilling experience that will keep you coming back for more. To ensure that every visit feels fresh and exciting, the Farmer’s Market will follow a regular release schedule. Every four weeks, a new iteration of the market will be launched, bringing in unique items, rewards, and exciting opportunities for our valued farmers. This means there will always be something new to look forward to.

So, get ready to embark on this exciting adventure with us! Join us at the grand opening of the Farmer’s Market on June 12th, and let the excitement sweep you off your feet. This is your moment to discover new flavors, meet fellow enthusiasts, and be a part of a thriving community that values quality and innovation.

Don’t miss out on this incredible opportunity. Be there, embrace the thrill, and experience the Farmer’s Market like never before. Get ready for a shopping experience that will leave you inspired and satisfied!

Not a Stones Farmer? That’s okay! It’s easy to become one by staking you ERN tokens on the Ethernity marketplace. Through our Stones Farming DeFi product, dedicated Farmers receive a daily reward of 1,000 Stones per token which can be used to redeem exclusive and exciting prizes.

Week 1 (June 12): Exclusive Mystery Boxes with Unique, Authenticated NFTs

During the initial week of the Farmer’s Market, you will have the opportunity to purchase a Mystery Box. Each of these 150 Mystery Boxes contain highly sought-after NFTs, including the coveted Genesis Satoshi NFT. Each user (wallet) is limited to purchasing a maximum of two Mystery Boxes, priced at 10,000,000 Stones per box. Act swiftly to secure these rare collectibles:

1 x Genesis Satoshi

3 x Nas: One Love

4 x AFA — Argentina: Legends

5 x Zeke Elliott: Legendary

5 x GPS III SV05 “ARMSTRONG” Mission Patch

5 x Manny Pacquiao: Common

8 x James Dean: Last Captured Moment

10 x Alex Ovechkin: A Taste of Victory

12 x Associated Press Medallion

12 x Shaquille O’Neal: Legend Certified

15 x Dak Prescott: #IRCs21

15 x Heavy Metal: Taarna Trading Card

15 x Heavy Metal: Mortermir Trading Card

20 x Maluma: Papi Flow

21 x Dan Marino: Common

Week 2 (June 19): Thrilling higher price-point NFT Auctions

Prepare for an exhilarating second week as the Farmer’s Market hosts eight captivating auctions for unique NFTs, including the renowned Genesis Satoshi NFT. Bidders will have the chance to compete for these extraordinary items, igniting a sense of excitement and friendly rivalry. The starting and minimum bid for these auctions will be 1,000,000 Stones:

1 x Genesis Satoshi

1 x Associated Press & Transhumanism: Mind / CPU

1 x Dak Prescott & Zeke Elliott: the JOURNi

1 x Dan Marino: Dan the Man

1 x DeLorean Gullwing Open

1 x The Winklevoss Twins: Legendary

1 x Nas: Memory Lane

1 x Pele: Pele 10

Week 3 (June 26): Surprise-Filled Mystery Boxes

In the third week, get ready to experience the joy of surprise with 30 Mystery Boxes filled with an enticing mix of physical and digital goods. These Mystery Boxes will be available for purchase as buy-now items, priced at 25,000,000 Stones per box. Each user can acquire one Mystery Box:

5 x Ledger Nano S Plus

5 x Amazon Gift Card

5 x JBL FLIP 5

5 x RayBan Gift Card

5 x Logitech MX Keys Mini

5 x Squid Game Vinyl Figures

Week 4 (July 3): Exciting Auctions for Digital and Physical Goods

As we approach the final week of the first cycle, the Farmer’s Market will showcase four thrilling auctions, featuring an assortment of captivating digital and physical goods. Bid starting from 1,000,000 Stones and embark on an exciting bidding journey, vying for the chance to acquire an array of remarkable products:

1 x PlayStation 5

1 x GoPro HERO11 Black

1 x Garmin Forerunner 965

1 x Terminator 2 T-1000 Art Mask Deluxe Edition Statue

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.

Mark your calendars for June 12th, 2023, and prepare to embark on an extraordinary shopping journey like no other.

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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