- Efinity is an blockchain for nonfungible tokens #NFTs developed by Enjin. - Enjin pioneered the NFT industry in 2017, authoring ERC1155, the groundbreaking NFT token standard, and launching the first NFT creation platform.Efinity is the world’s crosschain NFT blockchain. - Powered by the deflationary Efinity Token EFI, the network is environmentally friendly, scalable, and built for games, apps, enterprises, and creators to deliver their own nonfungible tokens to mainstream audiences.Built on Polkadot in partnership with Parity Technologies and the #Web3 Foundation, Efinity is a new blockchain thats purposebuilt for NFTs. - Its a token highway designed to enable a specific kind of future—where NFTs are as widespread and easy to use as smartphones today.Featuring transaction fee delegation, smart contracts, fuel tanks, crafting, discrete accounts, instant swaps, native multisig, price discovery, crosschain marketplaces, and a NFT launchpad. - Efinity’s transactions are confirmed in 6 seconds and scale to 1000 TPS; in comparison, the Ethereum network currently runs at around 15 TPS.Efinity will enable NFTs to be utilized by virtually any industry, unlocking trillions of dollars in currently illiquid and unique realworld and digital assets.Efinity is developed as a parachain on Polkadot, the nextgeneration, fully decentralized network that is solving the largest issues facing blockchains today, including interoperability, scalability, speed, security, #privacy , developability and governance.Efinity Token EFI, Efinity’s deflationary token is designed for transaction fees, liquidity, and rewards. - Featuring community governance for EFI holders to submit and vote on proposals to steer the future of the network.Efinity’s network fees, marketplace commissions, crosschain bridging tolls, and #smart-contract fees will go towards yield that can be earned by staking and infusing Enjin Coin ENJ and participating in trading and discovering NFTs. - ENJ is a critical part of the solution, allowing any user to nominate the most efficient collator nodes that run the Efinity blockchain.Additionally, EFI will be a core utility of NFT.io, a next generation #multichain NFT launchpad and marketplace. - Earned EFI will be required to farm exclusive NFTs and participate in the NFT.io ecosystem.
Summary of the coin Efinity
market value (Market Capital) Ranked 1596
highest price statistics: 3.15 $USD total number of coins(Supply): 2,000,000,000.00 coin circulated (Circulated): 86,915,138.61 coin
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