• 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

Crypto Analyst Predicts Potential 10% Move for Solana

chest

Crypto analyst Ali Martinez predicts a potential 10% price move for Solana based on a Symmetrical Triangle pattern in its hourly price chart.

user avatarElias Mukuru

Hoskinson Outlines Future Plans Amidst Iagon Dispute

chest

Charles Hoskinson outlines plans to enhance Cardano's decentralized infrastructure amidst the Iagon dispute, mentioning potential collaborations with Filecoin and Walrus.

user avatarDiego Alvarez

Charles Hoskinson Accuses Iagon Leadership of Crossing Red Lines

chest

Charles Hoskinson publicly criticizes Iagon leadership for targeting Midnight community members during a funding dispute.

user avatarKenji Takahashi

Solana Foundation Outlines Quantum Computing Preparedness Strategy

chest

The Solana Foundation outlines its strategy to prepare for potential quantum computing impacts on blockchain security.

user avatarMaria Fernandez

XRP Price Drops Below Key Support Levels.

chest

XRP price has extended its losses, trading below significant support levels and facing resistance in its recovery attempts.

user avatarGustavo Mendoza

Ethereum's price undergoes a decline followed by stabilization.

chest

Ethereum price has started a fresh decline, trading below key levels and facing resistance.

user avatarRajesh Kumar

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.