• 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

Regulatory Measures Intensify as South Korea Targets Crypto Outflows

chest

South Korean authorities are intensifying regulatory measures to combat illegal overseas crypto transactions and prevent capital flight, including new cooperation agreements and an AI-driven monitoring system.

user avatarRajesh Kumar

South Korea Sees Massive Crypto Outflows Amid Regulatory Crackdown

chest

South Korea's Financial Services Commission reports significant outflows of crypto assets to overseas exchanges amidst increased regulatory scrutiny.

user avatarGustavo Mendoza

Ireland's Criminal Assets Bureau Seizes 500 BTC from Convicted Drug Dealer's Wallets

chest

Ireland's Criminal Assets Bureau has accessed a Bitcoin wallet containing approximately 500 BTC, valued at around 34 million euros, marking a significant breakthrough in recovering assets from a convicted drug dealer.

user avatarMiguel Rodriguez

Hostplus Pension Fund Considers Bitcoin Investment Options

chest

Hostplus, a major Australian pension fund, is exploring the possibility of offering Bitcoin and other digital assets to its members due to high demand.

user avatarLuis Flores

Iran Permits Nonhostile Ships in Strait of Hormuz, Bitcoin Surges

chest

Iran has announced that nonhostile ships can now pass through the Strait of Hormuz, leading to a surge in Bitcoin prices above $70,000.

user avatarArif Mukhtar

Trump Declares Truce with Iran, Market Reacts

chest

President Trump declared a five-day truce with Iran, leading to fluctuations in Bitcoin and broader market reactions.

user avatarMaria Gutierrez

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.