bitcoin
Bitcoin (BTC) $ 21,348.00
ethereum
Ethereum (ETH) $ 1,225.80
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 240.39
xrp
XRP (XRP) $ 0.370042
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.505295
solana
Solana (SOL) $ 41.80
polkadot
Polkadot (DOT) $ 8.21

NFT network Enjin grows Efinity platform with 70+ partners amidst Polkadot parachain bid

Enjin, a decentralized platform for non-fungible tokens (NFTs), today announced over 70 ecosystem partners have committed to building the decentralized Metaverse on Efinity, a decentralized, self-governed, and self-sustaining for NFTs, featuring full interoperability with other networks via the Polkadot Paratoken standard being developed by Enjin as part of the Efinity stack.


In a competitive first batch of bids in Polkadot’s Parachain Auction, the cross-chain network aims to gather support from leaders in the development of Web3 to become a Polkadot parachain.

The network features fuel tanks and discrete accounts to streamline the user onboarding experience, allowing users to start playing with no barriers to entry.

Furthermore, the platform’s on-chain marketplace includes an open bidding system that allows NFTs on any bridged to be bid on, regardless of whether they are listed for sale.

Newly announced adopters Hololoot and VRJam will complement the visual elements of the decentralized Metaverse on Efinity, promising both augmented reality (AR) and virtual reality (VR) functionality and laying the foundation for a graphical creator economy.

Additionally, Lost Relics, Age of Rust, Forest Knight, Dvision Network, Uniqly, Pluto Alliance, and SwissBorg are among the 70+ projects choosing to adopt Efinity for its usability, speed, scalability, and low environmental impact. This follows the news that Enjin launched a $100M Efinity Metaverse Fund to support builders of a decentralized Metaverse.

Enjin CTO Witek Radomski, the creator of the ERC-1155 token standard and the paratoken standard on Polkadot, stated, “Efinity will harness the concentrated efforts of all its ecosystem partners in building an open, decentralized, collaborative Metaverse. Our joint efforts will be focused on building a Metaverse that anyone can access from any chained network, delivering next-level utility and functionality to NFTs.”

Along with plans to build on Efinity, BitBoy’s Pluto Alliance is issuing limited-edition collectibles for Efinity Crowdloan supporters. To get involved and demonstrate support for Efinity, interested parties can contribute their Polkadot (DOT) tokens here or via exchanges such as Binance, Kraken, Huobi, and OKEx.

Efinity’s Crowdloan bid is now underway, receiving 200,000 DOT worth of support from DFG.

To learn more check out Efinity’s Crowdloan event at 15:00 PST.

Share:

Leave a Reply

Your email address will not be published.

Recent Highlights

USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 21,348.00
ethereumEthereum (ETH)
$ 1,225.80
tetherTether (USDT)
$ 1.00
xrpXRP (XRP)
$ 0.370042
litecoinLitecoin (LTC)
$ 56.20
dogecoinDogecoin (DOGE)
$ 0.067611
bitcoinBitcoin (BTC)
20.309,63
ethereumEthereum (ETH)
1.166,18
tetherTether (USDT)
0,952311
xrpXRP (XRP)
0,352043
litecoinLitecoin (LTC)
53,47
dogecoinDogecoin (DOGE)
0,064322
bitcoinBitcoin (BTC)
17,532.90
ethereumEthereum (ETH)
1,006.74
tetherTether (USDT)
0.822111
xrpXRP (XRP)
0.303912
litecoinLitecoin (LTC)
46.16
dogecoinDogecoin (DOGE)
0.055528

Recent Highlights