What is Efinity Token (EFI)

Efinity (EFI)

Enjin is developing Efinity, a next-generation blockchain for non-fungible tokens (NFTs). EFI is the native token of the Efinity network Businesses and developers seriously need a platform that can deliver a modern, mainstream and developer-friendly NFT experience. Since the release of Ethereum, there have been attempts to build infrastructure and tokenization around this general-purpose computing blockchain, but there’s an ever-growing thirst for a better solution. Creators are forced to work with crippling fees, inflexible smart contracts and disjointed interoperability. Adoption of today’s NFTs is still limited to die-hard crypto enthusiasts. The blockchains that NFTs live on give actual users no incentives (other than the prices rising), because miners are given the full share of generated tokens. Prices rise, infrastructure companies create silos and paywalls, and it becomes difficult to make real progress in this industry - unless we can unify the community and think a bit differently. Efinity is built to solve these problems.

Contract Address : https://etherscan.io/token/0x656C00e1BcD96f256F224AD9112FF426Ef053733

Token distribution and lock-in:

Project timeline:

Phase 1 EFI Token launch Jumpnet with ERC-1155 and ERC-20 bridge Early Adoption Staking Private Sale Public Sale Paratoken Standard Phase 2 Discrete Accounts EFI Network Fees & Pools Collator Node Staking Multisig Transactions Polkadot Bridge Fuel Tanks Phase 3 On-chain Marketplace Crafting Governance Treasury Pool Smart Contracts

Related links:

Twitter (Efinity): https://twitter.com/efinityio Twitter (Enjin): https://twitter.com/enjin Telegram (main channel): https://t.me/enjin Telegram (insights channel): https://t.me/enjininsights Reddit: https://www.reddit.com/r/EnjinCoin/ Facebook: https://www.facebook.com/enjinsocial Facebook Group: https://www.facebook.com/groups/TheAvenjers/ YouTube: https://www.youtube.com/enjintv Discord: https://enj.in/discord

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