ETNAH is an NFT art platform where art lovers discover and collect digital artworks created by the world's renowned artists. We believe NFT is a great tool that artists can broaden their artistic realm and art lovers can directly interact with them.
An NFT(Non-Fungible Token) is a digital asset that represents real-world objects like art, music, in-game items, and videos. They are bought online, frequently with cryptocurrency, and they consist of digital data stored in a blockchain. What makes NFTs unique is that the ownership of an NFT is recorded in the blockchain, and can be transferred by the owner. Simply put, an NFT is a unique form of a digital asset where you can prove ownership.
Proof of ownership is one of most important reasons to own an NFT. As NFTs can only have one owner, they hold a sense of uniqueness and rarity which encourages potential buyers to own an NFT. The fact that you hold an NFT that is unique and irreplaceable in the world, increases its value and can be a great investment for the future. Moreover, depending on an NFT project, holding a specific NFT gives you special benefits in real life such as admission to private parties, discount on products, etc.
Editions are a way for creators to mint a limited supply of identical NFTs at a fixed price. For example, editions can be 100 art prints of the same digital file.
On collecting and obtaining onwership of NFT, the collector receives a limited, world-wide, non-transferable license to display the art content underlying such NFT artworks solely for the collectgor's non-commercial purpose, including the right to displya such art contetn privately or publicly for the purpose of promoting or sharing the collector's purchase, ownership, or interest in such digital artwork. If the collector sells or transfers his artworks to a subsequent collector, these conditions apply to the subsequent collector.
Digital wallets store your cryptocurrencies and allow you to send, receive, and spend them with blockchain technologies. Simply put, it is your blockchain version of your bank account. When using digital wallets, it is important to save the 12-word seed phrase associated with your wallet and store it in an accessible and safe place.
There is no platform fee for buyers except for the gas fee which is associated with blockchain interaction. As ETNAH provides minting and primary sales opportunity only, we recieve platform fees which is 15% of sales price from artists who present their works on ETNAH.
A gas fee is a transaction cost using a blockchain network and this fluctuates depending on the complexity of a transaction and traffic on the network. ETNAH does not require nor control the gas fee as this is solely related to the blockchain network.
Derived from the term ‘Minting coins’, minting NFT is the process of taking a digital asset and converting the digital file into a digital asset stored on the blockchain. Once an NFT is minted, it cannot be modified, edited, or deleted.
Users need a digital wallet to purchase NFT, but just browsing and enjoying NFT artworks needs no additional software.
All you need to do is to connect your digital wallet to ETNAH. You can use ETNAH by simply connecting your digital wallet. You can also add your email address for information updates and newsletters.
ETNAH supports both Ethereum and Klaytn blockchains. Metamask is encouraged for Ethereum, and Kaikas for Klaytn.
You can simply purchase ETH or Klay on a cryptocurrency exchange such as Binance and send it to your digital wallet. You can also fund ETH from Metamask using credit cards, mobile payments, and bank transfers.
If you have enough balance in your digital wallet that is connected to ETNAH, you can simply press 'buy NFT' to continue your transaction. If you do not have enough balance in your digital wallet and have difficulty in transferring the cryptocurrencies, feel free to contact us(email@example.com). We prepare other payments methods including credit card payment and bank transfer.
Some NFTs are available for auction. As ETNAH adapts the English auction(the highest bidder wins the auction), you need to bid a higher price than the previous bid.
You can check My Collection after you log in to ETNAH by connecting your digital wallet.
ETNAH focuses on minting and initial public sales as we believe introducing and exhibiting artists' creativity is our main goal. Instead, all NFTs presented on ETNAH follow the smart contract standards to make themselves compatible with other NFT marketplaces. Simply put, you can mint/purchase NFT on ETNAH and sell them at any of your favorite NFT marketplaces.
As ETNAH focuses on primary sales only, you can choose other NFT marketplaces including Opensea and XYZ to sell your NFTs. Each NFT artwork has an Opensea link on the artwork page which makes it easier to reach the marketplace.