Efinity efi
+ 4.78 % $ 0.076692
$0.072741 24H Range $0.076783
Market Data
Price $ 0.076692
Volume $ 636,610.00
Volume / Market Cap 0.0134
Supply
Circulating Supply 621,250,450.64
Total Supply 2,000,000,000.00
Max Supply 2,000,000,000.00
Valuation
Market Cap $ 47,619,275.00
Fully diluted market cap $ 153,301,378.00
Efinity (efi) Price Chart
Efinity (efi) Price Info
Timeframe Price Change(%)
1h -0.04%
24h 4.78%
7d 0.29%
14d -3.29%
30d -19.61%
1y -82.26%
Efinity is an blockchain for non-fungible tokens (NFTs) developed by Enjin. Enjin pioneered the NFT industry in 2017, authoring ERC-1155, the groundbreaking NFT token standard, and launching the first NFT creation platform. Efinity is the world’s cross-chain NFT blockchain. Powered by the deflationary Efinity Token (EFI), the network is environmentally friendly, scalable, and built for games, apps, enterprises, and creators to deliver their own non-fungible tokens to mainstream audiences. Built on Polkadot in partnership with Parity Technologies and the Web3 Foundation, Efinity is a new blockchain that's purpose-built for NFTs. It's a token highway designed to enable a specific kind of future—where NFTs are as widespread and easy to use as smartphones today. Featuring transaction fee delegation, smart contracts, fuel tanks, crafting, discrete accounts, instant swaps, native multisig, price discovery, cross-chain marketplaces, and a NFT launchpad. Efinity’s transactions are confirmed in 6 seconds and scale to 1000 TPS; in comparison, the Ethereum network currently runs at around 15 TPS. Efinity will enable NFTs to be utilized by virtually any industry, unlocking trillions of dollars in currently illiquid and unique real-world and digital assets. Efinity is developed as a parachain on Polkadot, the next-generation, fully decentralized network that is solving the largest issues facing blockchains today, including interoperability, scalability, speed, security, privacy, developability and governance. Efinity Token (EFI), Efinity’s deflationary token is designed for transaction fees, liquidity, and rewards. Featuring community governance for EFI holders to submit and vote on proposals to steer the future of the network. Efinity’s network fees, marketplace commissions, cross-chain bridging tolls, and smart contract fees will go towards yield that can be earned by staking and infusing Enjin Coin (ENJ) and participating in trading and discovering NFTs. ENJ is a critical part of the solution, allowing any user to nominate the most efficient collator nodes that run the Efinity blockchain. Additionally, EFI will be a core utility of NFT.io, a next generation multi-chain NFT launchpad and marketplace. Earned EFI will be required to farm exclusive NFTs and participate in the NFT.io ecosystem
News about Efinity
XRP Defies Binance Lawsuit, Stands Green in Top 10 Targeting $0.50
thecryptobasic.com • 2 days ago
Here are Shibarium Benefits For Shiba Inu
thecryptobasic.com • 2 days ago
Sologenic Co-founder Says XRP To Benefit From Coreum Smart Contract Capabilities
thecryptobasic.com • 6 days ago
U.S. State Law Excludes Crypto in Definition of Money
thecryptobasic.com • a month ago
Proposal To Create FUND Liquid Staking Derivative to Benefit Shiba Inu Holders Passes
thecryptobasic.com • a month ago
DeFi Protocol Ankr's Token Surged 73% on Microsoft and Tencent Partnerships
coindesk.com • a month ago
Don’t Miss Out on Other Similar Coins
SuperRare   (rare)
$ 0.117952 + 6.37 %
LUKSO   (lyxe)
$ 8.23 + 2.48 %