• 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

JPMorgan Chase Launches Stablecoin Amid Dollar Concerns

chest

JPMorgan Chase has launched a stablecoin pegged to the US dollar, addressing concerns about the dollar and embracing blockchain technology.

user avatarDavid Robinson

IRS Overhaul Draws Parallels with Past Transitions

chest

The recent leadership overhaul at the IRS, led by CEO Frank Bisignano, draws parallels with past transitions, indicating potential changes in tax compliance strategies.

user avatarAndrew Smith

IRS CEO Frank Bisignano Implements Leadership Changes Ahead of 2026 Tax Season

chest

Frank Bisignano, the newly appointed CEO of the IRS, has announced significant leadership changes, including the retirement of Guy Ficco and the promotion of Gary Shapley, in preparation for the 2026 tax season.

user avatarZainab Kamara

Speculation on IRS Offshore Enforcement Strategy Following Leadership Restructuring

chest

Speculation on IRS offshore enforcement strategies following leadership restructuring.

user avatarJacob Williams

Bitcoin's Recovery and Future Safeguards

chest

Bitcoin's value is currently at $78,489.33, reflecting a recent price decrease and ongoing volatility. Analysts suggest that adopting circuit breakers could stabilize the market and support a more resilient financial ecosystem.

user avatarSon Min-ho

Cere Network Co-founder Faces $100M Lawsuit Over Token Sales

chest

The co-founder of Cere Network is facing a $100 million lawsuit alleging a pump-and-dump scheme related to the project's token launch.

user avatarKofi Adjeman

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.