• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Enjin migrates 200 million NFTs from Ethereum to its blockchain

Enjin migrates 200 million NFTs from Ethereum to its blockchain

user avatar

by Liza Tanasova

2 years ago


Non-Futurable Token (NFT) platform Enjin recently migrated more than 200 million NFTs from Ethereum and the sidechain to Enjin's own blockchain.

In a statement obtained by Cointelegraph, Enjin noted that more than 118 million NFTs hosted on Ethereum, along with more than 101 million NFTs hosted on an Ethereum sidechain called JumpNet, have been migrated to its main network, called Enjin Blockchain. 

In June, this NFT platform announced the creation of its own blockchain. Enjin said that the new network includes features specifically geared toward NFTs. With the move, users will also experience some changes, such as the ability to use embedded royalties and a new feature called "Fuel Tanks" that will allow developers to subsidize gas fees for users. According to the announcement, the platform will use the feature to provide users with free transactions across its ecosystem for three months.

Atlas Development Services' COO, Atlas Development Services, also noted that the move to a different blockchain will potentially connect Web3 to the three billion global market of gamers.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Pi Network Positioned for Long-Term Growth

chest

Pi Network's recent performance indicates potential for long-term growth with improvements in TPS and market cap.

user avatarZainab Kamara

Pi Network Achieves Significant Increase in Transactions Per Second

chest

Pi Network has significantly increased its Transactions Per Second (TPS) from 0.204 to over 14, indicating enhanced scalability and blockchain efficiency.

user avatarSon Min-ho

Gravis Robotics Raises $23 Million to Advance Autonomous Excavators

chest

Gravis Robotics has raised $23 million to enhance the deployment of autonomous excavators, aiming to improve productivity and safety in construction environments.

user avatarAyman Ben Youssef

ETH Zurich Reinforces Its Position as a Leader in Robotics Innovation

chest

The investment in Gravis Robotics highlights ETH Zurich's role as a leader in industrial innovation.

user avatarTando Nkube

Analysts Warn of Fragile Market Conditions for Bitcoin

chest

Analysts warn of fragile market conditions for Bitcoin due to ongoing macro uncertainty and weak institutional demand.

user avatarKofi Adjeman

Major Hack on South Korean Exchange Affects Solana Ecosystem

chest

A hack on the Upbit exchange resulted in the theft of 36 million in assets tied to the Solana network.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.