Farmers Market June 2024

Mark your calendars! June is here and so is the return of Ethernity's Farmers Market, brimming with fresh finds and exciting possibilities. This month-long event welcomes everyone, from seasoned collectors to curious newcomers. Prepare for an unparalleled experience filled with thrilling events, fantastic prizes, and a unique blend of physical and digital treasures. Ethernity's June Farmers Market promises to be an unforgettable adventure, where mystery, auctions, and surprises await! Gear up for a journey through a world of rarities and incredible moments. Don't miss out!

Week 1: Mystery Boxes with Digital Collectibles

Get a head start on the month of June a few days early on May 27, 2024 at 12:00 PM EST with Mystery Boxes filled with incredible digital collectibles. These enigmatic boxes that hold collectible treasures from the worlds of entertainment, sports, and science are all waiting to be discovered by you. Polish your stones and get ready to reveal these coveted prizes- each box is available for 10 million Stones each. Here’s a sneak peek of the authenticated Ethernity NFTs that could be waiting inside your Mystery Box:

• Genesis Satoshi
• GPS III SV05 "ARMSTRONG" Mission Coin
• Nas: One Love
• AFA - Argentina: Stars
• James Dean: Last Captured Moment
• The Dreamer: Tamika Catchings
• Dan Marino: Legendary
• The Winklevoss Twins: Epic
• Heavy Metal: Adrienne James Trading Card
• Heavy Metal: Mortermir Trading Card
• Associated Press & Transhumanism: Biology / Code
• Anderson Silva: Common
• Dak Prescott: Common
• Zeke Elliott: #IRCs21

Week 2: Auctions for Digital Collectibles

Get ready to dive into the world of Digital Collectible Auctions, where the bidding arena opens on June 3, 2024, at 12:00 PM EST. This week, collectors like you will have the chance to compete for some of the most extraordinary digital collectibles available. Step into the arena and go head-to-head with fellow enthusiasts of sports and entertainment, all vying for the chance to enhance their digital collections with remarkable pieces. As the gavel falls, the highest bidder will emerge as the proud owner of these coveted authenticated Ethernity collectibles:

• Genesis Satoshi
• Dak Prescott & Zeke Elliott: the JOURNi
• DeLorean x Riocam #2
• Fernando Tatis Jr: Liftoff
• James Dean: Hollywood Star
• Nas: Life's a Bitch
• Nicky Romero: Tier 2 Behind the Mask Silver
• Pele: Pele 10

Week 3: Mystery Boxes with Physical and Digital Goods

June Gloom Got You Down? Bloom with Surprise! During this next week, on June 10, 2024 at 12:00 PM EST, the Farmers Market bursts with sunshine in a box! Our new set of Mystery Boxes filled with physical and digital prizes offer a delightful mix of tangible treats and digital surprises. It's an unboxing adventure unlike any other! For just 25 million Stones, you could take home the joy of unexpected delights! Here's a sneak peek at what you might find:

• Nike Court Vision Sneakers
• EA SPORTS F1 24 for Playstation, PC, or Xbox
• Ray-Ban RB4171 Sunglasses
• TEMPUR Ergonomic Sleeping Pillow
• Hotelgift Gift Card $100
• $100 in ERN

Week 4: Auctions for Physical and Digital Goods

Get ready to raise your bids and add some sizzling flavor to your summer starting on June 17, 2024 at 12:00 PM EST. This month's Farmers Market Auction features a selection of top-notch grilling equipment, premium coffee essentials, and an eco-friendly printer with refillable ink cartridges! Also available on the auction block is an all time community favorite: ERN tokens!

Don't just collect – invest in experiences! Use those hard-earned stones to secure these incredible items and make every summer moment a masterpiece. Here's a taste of what you could be grilling, brewing, and printing up soon:

• Weber Q1400 Electric Grill Gray
• Epson EcoTank ET-2850 All-in-One Printer
• Philips 3300 Series Fully Automatic Espresso Machine
• $500 in ERN

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, but at the latest they will be available until the 3rd week of the month. After this period, they will no longer be available.

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.

Enjoy the month of June- and we'll be sharing exciting details about next month's Farmers Market soon, including a complete schedule! Get ready for a unique rewards adventure where you can spend your Stones on amazing finds.