Enjin launches Efinity parachain on Polkadot to bring NFT adoption to the mainstream
Enjin, a leading ecosystem that provides interconnected blockchain-based gaming products and NFTs, announced the launch of the first NFT parachain on Polkadot.
More details can be found at: https://enjin.io/news/efinity-polkadot-launch
Efinity is custom-built to boost NFT adoption, simplifying user experience for digital asset management, and making the Metaverse easily accessible. It is a dedicated blockchain that’s infinitely scalable and decentralized.
Finally, project creators can handle a high volume of transactions without having to deal with the experience of network congestion and high gas fees often encountered on other networks.
The Polkadot-powered parachain will attract CryptoBlades’ over 1 million active users, with over 100 projects committed to expanding to Efinity. SwissBorg, MyMetaverse, Age of Rust, PlayNFT, Division Network, and many other popular projects are among them.
Designed to be the next-generation blockchain, Efinity offers a massive leap forward in NFT scaling and performance. The network is currently capable of minting up to 2,200 NFTs within 12 seconds of mint time into over 2,000 separate wallets.
Additionally, its cross-chain bridge will allow creators to seamlessly import their NFTs from other chains to Efinity. The system is designed to reward its users, creators, traders, and collators with the EFI token. This governance token fuels the Efinity ecosystem.
Witek Radomski, the Co-founder & CTO at Enjin, said:
“Efinity adopters now have access to the most scalable, secure, and feature-packed NFT blockchain available. With many groundbreaking features coming to Efinity in the months following launch, there will be no other chain that allows this level of customizability and interactivity in NFT applications at scale.”
With this latest development, Enjin continues to pledge its commitment to helping people leverage the power of blockchain to create advanced virtual economies by providing an ecosystem that fosters real-world value for digital assets. The platform also features a wallet for digital asset management and an NFT marketplace where people can trade their non-fungible tokens.
Interested parties can find additional information about Enjin and the latest Efinity launch by visiting their website at https://enjin.io
Summary: The first Polkadot-powered parachain has been launched to boost NFT adoption by simplifying the user experience and the management and security of digital assets.
