Efinity (EFI) Token by Enjin Launches on OKEx, Blockchain.com, CoinList, Aims to

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The future of the blockchain economy is multi-chain. To remain competitive in such a rapidly developing tech space, it is critical to support as many ecosystems as possible.
In that regard, Enjin—a scalable, energy-efficient, and innovative platform for developing non-fungible token (NFT) based virtual worlds—recently unveiled the Efinity blockchain for NFTs on Polkadot.

With the release and listing of Efinity Token (EFI) taking place today on OKEx, Blockchain.com, CoinList, and leading DEXes such as Uniswap and SushiSwap, the Enjin community is curious and eager to know how Efinity fits in the Enjin ecosystem.

So what do EFI and the Efinity blockchain mean for Enjin and NFTs as a whole? Let’s break it down.

What is Efinity?
Efinity is a next-generation blockchain for non-fungible tokens (NFTs), developed by Enjin on Polkadot.

As a cross-chain token highway, Efinity will support NFTs from any blockchain, aiming to become the primary network of the NFT space.

NFTs are often viewed as an opportunity for blockchain to achieve mass adoption, but advanced as it may be, the technology’s potential is hindered by some significant problems. Since the release of Ethereum, there have been attempts to build infrastructure and tokenization around this general-purpose blockchain, but Enjin believes there’s an ever-growing need for a better, more well-rounded solution.

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