Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Cryptoknowmics 2022-03-12 08:15:32

Efinity Parachain Goes Live on Polkadot

The for-profit corporation, Enjin was founded in 2009 with the objective of turning into a community gaming platform. Today, the leading ecosystem for NFTs, Enjin announced via a tweet, the launch of their Efinity parachain on a leading blockchain platform. The Metaverse is live on @Polkadot. After years of intensive research and development, #Efinity has launched! A historic milestone for the Enjin community and wider NFT ecosystem. ➡️ https://t.co/3IgU2ZZPcV #Enjin $ENJ $EFI #Polkadot pic.twitter.com/0T0A7Gfbvl — Enjin | We're Hiring! (@enjin) March 12, 2022 Introduction to Efinity Four years ago, Enjin introduced a concept on the Ethereum network, Efinity. After garnering traction, Enjin began looking for an “affordable solution” which in turn would allow NFT adopters to create blockchain games and NFT projects. As per the announcement on the website of Enjin, they successfully found their solution in the blockchain platform, Polkadot. The move of Efinity going live on Polkadot is considered a historic moment for the community. Implementing Efinity Since the beginning of March 2022, Efinity has been live on Polkadot’s Rococo Test Network, however, it officially went live as Efinity parachain on Polkadot. The objective of Efinity is to provide millions of users a medium to host cryptocurrency or NFTs without the need for smart contracts. This means that a user can move their assets onto Efinity without the permission of the ...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.