• 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

Ethereum Market Shows Signs of Cooling as Temperature Approaches Cold Levels

chest

Recent analysis by Alphractal indicates that Ethereum's market temperature is nearing cold levels, suggesting a potential for long-term accumulation.

user avatarLuis Flores

Ethereum Staking Reaches Historic Milestone as Over 50% of Supply is Locked

chest

Ethereum's staking ecosystem has reached a significant milestone with over half of its total supply now staked.

user avatarArif Mukhtar

Brian Armstrong Addresses Bitcoin's Price Decline

chest

Coinbase CEO Brian Armstrong discusses Bitcoin's recent price decline, attributing it to market psychology and reassuring investors about its long-term value.

user avatarMaria Gutierrez

Robert Kiyosaki Warns of Imminent Stock Market Crash

chest

Robert Kiyosaki warns of an imminent stock market crash that may impact Bitcoin and Ethereum, suggesting they as safe havens.

user avatarAndrew Smith

Kiyosaki Prefers Bitcoin Over Gold Amid Market Downturn

chest

Kiyosaki expresses preference for Bitcoin over gold due to its capped supply.

user avatarDavid Robinson

Crypto Expert Predicts XRP Could Reach Base Price of $10,000

chest

Crypto expert Remi predicts that XRP could reach a base price of $10,000 due to the potential implementation of a U.S. Crypto price floor system and the tokenization of assets on the XRP Ledger.

user avatarJacob Williams

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.