• 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

Market Analysts Project Potential Recovery for Shiba Inu

chest

Market analyst Crypto GVR predicts a potential price recovery for Shiba Inu, targeting higher levels in the near future.

user avatarBayarjavkhlan Ganbaatar

Shiba Inu Developer Urges Focus on Ecosystem Amid Price Decline

chest

Shiba Inu's lead developer urges investors to focus on long-term goals and ecosystem development amid price decline.

user avatarMohamed Farouk

Analysts Uncover Complex Factors Influencing Bitcoin Pricing

chest

Analysts highlight the multifaceted factors influencing Bitcoin's price, emphasizing the interaction between the halving cycle and macroeconomic indicators.

user avatarElias Mukuru

New Surveillance Footage Released in Nancy Guthrie Case

chest

New surveillance footage shows a masked individual tampering with Nancy Guthrie's front door camera on the day of her disappearance.

user avatarKenji Takahashi

New Bitcoin Ransom Demand Emerges in Nancy Guthrie Case

chest

A new ransom note has surfaced in the case of Nancy Guthrie, demanding 1 Bitcoin for information about her whereabouts.

user avatarDiego Alvarez

Pepe Memecoin Wallets Show Accumulation Despite Market Bearishness

chest

The top 100 wallets of the Pepe memecoin have accumulated 2.302 trillion PEPE over the past four months, indicating potential for a breakout as market sentiment improves.

user avatarMaria Fernandez

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.