Enjin’s Efinity launches first ever NFT parachain on Polkadot network

Enjin's Efinity launched the first every non fungible token Parachain on the Polkadot's network

Enjin’s Efinity launches first ever NFT parachain on Polkadot network

The popular ecosystem for non-fungible tokens launched the first NFT Parachain on Polkadot, the former vowed to support CryptoBlades and its more than one million users. 

Enjin's NFT project Efinity won Polkadot's last Parachain auction for this year with a fundraiser of over $214 million worth of DOT, the blockchain protocol noted that Efinity will go live in March 2022 

Enjin's cross-chain NFT infrastructure has already launched the first-ever non-fungible token Parachain on the Polkadot network. Peter Mauric head of public affairs at Parity Technologies argued that the Polkadot community had met the initiative with excitement as Efinity delivers a "scalable solution for NFTs that is affordable and environmentally responsible"

Efinity declared that one of the projects it will integrate will be CryptoBlades a play to earn NFT RPG, latter over 1.1 million active uses. while other leading entities in the field. like Lost Relics, SwissBorg, MyMetaverse, and Age of RUst. have also displayed their support towards the endeavor

“Efinity will bring immediate value to users with native support for NFTs and a full suite of NFT gaming utilities developed by Enjin. Along with our play-to-earn title CryptoBlades, we are excited to make our NFT bridging, curated marketplace, and launchpad available via Efinity.”

Enjin's non-fungible token project offers a leap forward in NFT scaling and performance it is presently capable of minting over 2000 digital collectibles per transaction. with fees times lower than existing enterprises.

Witek Ramoski Co-founder & CTO at Enjin revealed that his company spent four years developing Efinity. "There will be no other chain that allows this level of customizability and interactivity in NFT application at scale,"

The blockchain-powered gaming platform established a $100 million fund oriented towards the Metaverse realm

The initiative focuses on helping organizations develop NFT projects on Efinity and Polkadot Enjin also declared it will deploy funds to support gaming projects across all platforms. extending to protocols in spaces including Mixed Reality (MR) The latter is a blend of physical and digital worlds that produce new environments and visualizations. 

Read: MakeMyTrip forays into NFTs to display unexplored domestic landscapes

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