Home Guides Enjin completes Ethereum to Polkadot NFT migration

Enjin completes Ethereum to Polkadot NFT migration

Enjin completes Ethereum to Polkadot NFT migration


[gpt3] a new article in English that is SEO-optimized and incorporates as many relevant keywords as possible. The article should be based on the information provided in the existing post content. Additionally, please include a dedicated FAQ section and a conclusion section to enhance the reader’s experience

Longstanding blockchain gaming platform Enjin has completed its migration from Ethereum to its new Polkadot-based Enjin Blockchain, which is specifically designed for NFTs.

Launched in 2017, over 200 million NFTs have been minted on Enjin’s Ethereum-based platform and users can now migrate all these assets using Enjin’s migration tools. In addition, Enjin is providing free transactions on its new blockchain for the next three months.

More generally, Enjin’s decision to move to Polkadot enables its ecosystem to take advantage of features including a throughput up to 5,000 transactions per second, enforced on-chain royalties and transaction fees priced around $0.005. In addition, game developers will be able to deploy their own game chains while interoperating with the main Enjin chain.

“Enjin’s migration from its legacy solutions exemplifies the community’s dedication to progress in its pursuit of mass-market success,” said Rene Stefancic, chief operating officer of Atlas, which is the company developing out the technology.

“Only through continuous innovation, superior technology, and, most importantly, an unwavering commitment to user experience, can web3 tap into the three billion-strong global gamer market.”

You can find out more about Enjin by reading its whitepaper.



Source link


Please enter your comment!
Please enter your name here