Enjin to Launch First Dedicated NFT Blockchain

Source | BeinCrypto

Enjin is developing a blockchain for non-fungible tokens (NFT) in partnership with Polkadot

Enjin has already proven itself committed to the NFT marketplace. Even more, Enjin is also the creator of the ERC-1155 non-fungible token (NFT) standard. 

In order to build this new blockchain project, Enjin raised $18.9 million. Efinity, as it’s known, will be built on the Polkadot decentralized app network. It aims to be a location where users can host games, apps, and enterprises. 

“NFTs should be for everyone,” says Caleb Applegate, COO of Enjin. “Building with Polkadot will enable us to deliver an accessible, scalable solution that empowers everyone to participate in the emerging NFT economy.”

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