Efinity (EFI)

Enjin is developing Efinity, a next-generation blockchain for digital assets, built on Polkadot.

Whitepaper

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Interest lvl

High

Updated: Jun 13, 2021

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User Rating

Medium

3/5 • 1 votes

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Ticker

EFI

Type

Utility-token

FoundedSingapore

Registration countrySingapore

Office address16 Raffles Quay, #33-03 Hong Leong Building, Singapore 048581

Launchpads

Coinlist

Ecosystems

Polkadot

What is Efinity

Enjin pioneered the non-fungible token (NFT) industry in 2017, authoring the advanced ERC-1155 token standard and launching the first NFT creation platform. Enjin is the team behind Efinity, a cross-chain NFT network powered by the Efinity Token (EFI) and built on Polkadot. Efinity is environmentally friendly, scalable, and built to enable a future where NFTs are as widespread and easy to use as smartphones today.

Efinity is built on Polkadot, allowing any NFT from any chain to be moved to the network, supercharging it with next-gen features, low fees, and fast transaction times. Efinity will enable NFTs to be utilized by virtually any industry, unlocking trillions of dollars in currently illiquid and unique real-world and digital assets.