Enjin To Launch Two Scaling Solutions To Remove Gas And Support NFTs From Any BlockchainMarch 3, 2021
Blockchain startup Enjin is launching two critical scaling solutions to remove gas fees while supporting fungible and Non-Fungible-Tokens (NFTs) from any blockchain.
Enjin is an ecosystem of blockchain software products that make it simple for anyone to develop, trade, monetize, incentivize, and market with blockchain. The Enjin Platform powers the creation of unique digital assets and marketplaces that underpin the next generation of the digital economy.
The first solution, called JumpNet, will provide a high-speed bridge network that will enable creators to mass-distribute thousands of NFTs at no cost. The second solution, Efinity, will act as a decentralized multi-chain highway that will support fungible and non-fungible tokens from any other chain. JumpNet will be launch on April 6, while Efinity will be released later this year.
“JumpNet is our high-speed bridge network that will allow creators to mass-distribute thousands of NFTs at no cost. Tokens on JumpNet can jump between the Ethereum network or Efinity (our upcoming NFT highway) when it launches later this year. These technologies will enable developers to reach mainstream users and provide modern experiences without worrying about unpredictable business overhead caused by gas fees,” said Enjin CTO Witek Radomski.
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