• 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

Human API Launches to Connect AI Systems with Human Contributors

chest

Sydney Huang announces the launch of Human API, a platform designed to enable AI systems to coordinate with humans for real-world data and labor.

user avatarGustavo Mendoza

Digital Asset Ventures Launches DAV Mining in Milwaukee

chest

Digital Asset Ventures LLC has launched DAV Mining, a new mining service division in Milwaukee, aimed at providing structured, enterprise-grade digital asset mining services.

user avatarRajesh Kumar

Concerns Over Central Bank Digital Currencies Resurface

chest

A group of economists has urged EU lawmakers to reconsider aspects of the digital euro, citing risks related to privacy and financial stability.

user avatarMiguel Rodriguez

Upcoming Token Unlocks Create Supply Pressure in Crypto Market

chest

The Ondo crypto price is facing supply pressure due to a major token unlock scheduled for January 18, while Shiba Inu coin struggles with high exchange reserves.

user avatarLuis Flores

Terra Industries Raises $1.175 Billion to Revolutionize African Defense Technology

chest

Terra Industries has raised $1.175 billion to develop security systems in Africa, marking a significant milestone for the continent's defense technology sector.

user avatarArif Mukhtar

ZKsync Implements Trusted Execution Environments for Enhanced Security

chest

ZKsync employs Trusted Execution Environments (TEEs) to enhance security for private operations.

user avatarZainab Kamara

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.