Enjin’s NFT Marketplace Efinity Rakes In $20 Million From EFI Token Sale on C...
Enjin successfully auctioned all tokens available for sale for the new Efinity NFT marketplace it has developed for the Polkadot ecosystem. Latest Sale Brings Total Marketplace Funding to $38.9 Million Given the concerns about Ethereum’s high costs and sluggish transaction throughput, competition amongst NFT marketplaces is heating up fast. More platforms are launching daily to keep up with demand and new use cases for NFTs. As more blockchains compete for the torrent of demand for non-fungible tokens, Enjin has become the latest to launch another marketplace. Enjin, the team behind....
Related News
EFI is the native cryptocurrency of Efinity, a Polkadot-based parachain developed by Enjin. The token sale, which was open to retail investors, sold out in just two-and-a-half hours. A public sale of EFI token on CoinList netted Enjin $20 million in proceeds, setting the stage for a successful launch of a nonfungible token, or NFT, network on Polkadot. A total of 40,089 users participated in the token sale, which closed in just two-and-a-half hours, Enjin announced Thursday. Over 600,000 users had registered for the sale, making it oversubscribed by 15 times.With the sale, Enjin has now....
The Efinity Metaverse Fund will focus on seed equity investments for projects building Efinity. Blockchain gaming platform Enjin is establishing a new fund to support the development of the metaverse ecosystem and make it more decentralized.Enjin, a startup behind the nonfungible token (NFT)-focused blockchain Efinity, has formed a $100-million fund to support Efinity adopters as well as other related projects, the startup announced Thursday.“It is now time for us to turn this into an official, public, and conscious piece of our growth strategy, and support a free, open, and....
Amid the expanding nonfungible token metaverse, Enjin is set to debut the first-ever NFT blockchain built on Polkadot. Crypto exchange platform Crypto.com has reportedly led an $18.9 million private funding round for Enjin’s new NFT blockchain platform.Enjin announced the news on Wednesday with DFG Group, BlockTower and Arrington XRP Capital among other investors in the private sale.Dubbed “Efinity,” the platform is an NFT blockchain built on Polkadot that will reportedly offer greater scalability for participants in the expanding NFT space.Detailing the technical specifications of the new....
On August 5, 2022, the American luxury jewelry retailer Tiffany & Co. announced that the company’s non-fungible token (NFT) mint called “Nftiff” sold out. Tiffany’s sold 250 Nftiffs for 30 ethereum per Nftiff raking in more than $12.5 million from the sale. The NFTs created by Tiffany’s have to be redeemed by August 12 and so far 94 Nftiffs have been redeemed.
Tiffany & Co. NFT Sale Sells Out Gathering $12.5 Million in Ether
Six days ago, Bitcoin.com News reported on Tiffany & Co. revealing an NFT mint called “Nftiff,” a new....
Reality content creation platform and marketplace Voxelus has completed its private pre-sale of in-game cryptocurrency Voxels (VOX) with 1.2 million VOX sold for a total of 1,022 BTC. The private pre-sale of 1.2 million VOX for a total of 1,022 BTC (approx. $350,000) has resulted in a record for the largest amount raised in a private crowdsale of a cryptographic token. A majority of the orders came in during the final 48 hours of the private pre-sale. Deemed as the "coin of the realm," Voxels can be used to purchase digital assets, animations, games and more on the Voxelus marketplace that....