First-ever NFT parachain is a game-changer in decentralized gaming; will support CryptoBlades’ 1.1M users, with over 100 confirmed game & app partners.
Enjin, the leading ecosystem for non-fungible tokens (NFTs), has launched its flagship parachain Efinity on Polkadot. As the first-ever NFT parachain to launch on the Polkadot network, Efinity will support CryptoBlades and its 1.1 million users, with additional commitment from over 100 games and apps.
Purpose-built to remove the barriers to entry to NFTs and decentralized gaming, Efinity simplifies the user experience and economics of digital asset management. As the first gaming platform to boost NFT adoption on Ethereum and authors of ERC-1155, Enjin is now heralding Polkadot and Efinity as the next generation of blockchain gaming.
Peter Mauric, Head of Public Affairs at Parity Technologies, commented: “Interoperability is crucial to the progression of Web3 and the metaverse. Polkadot is addressing the restrictive effects of incompatibility between blockchains, providing a platform for a modular cross-chain infrastructure. The Polkadot community is excited to see what Efinity delivers — a scalable solution for NFTs that is affordable and environmentally responsible.”
Among the projects that will integrate Efinity is CryptoBlades, a play-to-earn NFT RPG produced by award-winning studio Riveted Games. Along with CryptoBlades and its 1.1 million active users, over 100 projects have pledged their commitment to Efinity, including Lost Relics, Dvision Network, SwissBorg, MyMetaverse, Age of Rust, and the PlayNFT Twitch plugin.
These projects will receive beta access to build on Efinity via the Enjin Platform, a blockchain development platform with over 160,000 users.
Phillip Devine, CEO of CryptoBlades, added: “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.”
Efinity’s features cater to crypto novices and experts alike. Offering a massive leap forward in NFT scaling and performance, Efinity is currently capable of minting 2,000+ NFTs to 2,000+ separate wallets per transaction with transaction fees 2,000x lower than existing NFTs on Ethereum.
Virtual wallets enable easy onboarding by not requiring new users to have a crypto wallet, and cross-chain bridges will enable users to port their NFTs and cryptocurrencies onto Efinity from any blockchain. Additionally, developers will be able to subsidize transaction costs for their users using Efinity’s fuel tanks.
Witek Radomski, Co-founder & CTO at Enjin, concluded: “After four years of intensive research and development, 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.”
Enjin has released its roadmap for the remainder of March 2022, including closed beta launches for the NFT.io marketplace and v2.0 of the Enjin Wallet app. Those interested in exploring the possibilities of Enjin’s tech stack and Efinity can visit enjin.io/efinity.
About Enjin
Enjin is the leading ecosystem for non-fungible tokens (NFTs), offering a comprehensive suite of products for creating, trading, distributing and integrating NFTs into virtual worlds. As a scalable, affordable platform, Enjin’s technology has seen wide application in blockchain games, apps, enterprise programs, and innovative marketing campaigns.
The Enjin ecosystem is fueled by Enjin Coin (ENJ), a utility token used to back the value of blockchain assets. To date, over one billion Enjin-powered assets have been created. For more information, visit enjin.io.
About Efinity
Enjin is pioneering the next generation of NFTs with Efinity, a scalable, decentralized, cross-chain network built as a Polkadot parachain. Efinity will act as a hub for all fungible and non-fungible tokens, with a new token standard boasting compatibility with tokens from any other blockchain.
EFI is the native token of Efinity, designed for transaction fees, facilitating liquidity, community rewards, and governance. For more information, visit enjin.io/efinity.
About CryptoBlades
CryptoBlades is a play-to-earn NFT RPG developed by Riveted Games. The game revolves around the acquisition of legendary Blades and the powerful Heroes who wield them. Players may participate in combat using their assets to earn SKILL tokens.
Assets are player-owned NFTs and may be traded on the proprietary marketplace. CryptoBlades utilizes a play-to-earn model by distributing SKILL through gameplay and giving value to player NFTs by increasing their use through future features. The team is also developing CryptoBlades: Kingdoms, a Clash of Clans-style game with a play-to-earn model. For more info, visit cryptoblades.io and cryptobladeskingdoms.io.
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