Related information

Issue Time

2021-08-05

Platform pertained to

Current price

$0.0953USD

Market Cap

$8.42mUSD

Volume of Transaction

24h

$0.00USD

Circulating supply

86.915mEFI

Volume of Transaction

$0.00USD

Change

24h

0.00%

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Introduction

Markets

0.00%

+3.03%

+55.63%

All

-97.17%

Efinity, popularly known as EFI, is a blockchain-based platform that facilitates the creation of non-fungible tokens (NFTs) and their utilization across different applications. Powered by Enjin, a leading project in the blockchain gaming and NFT sector, Efinity's purpose is to solve various challenges in the NFT ecosystem, including scaling and interoperability issues. Efinity's EFI token acts as the platforms native currency and is instrumental for transaction fees, liquidity rewards, and governance voting, thereby supporting broad user engagement and participatory governance. The potential that EFI holds in shaping the NFT landscape is considerable, especially given its association with the well-established Enjin project.