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Enjin Raises $19M to Build Efinity, Polkadot-based Blockchain Network for NFTs
4 hours ago by Bhushan Akolkar · 3 min read
Photo: Enjin Blog
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The Efinity blockchain has its own native Efinity Token (EFI) and now it will focus on non-fungible tokens (NFTs) for apps, creators, games, and enterprises. 
Riding on the NFT wave, blockchain companies are raising massive funding with a focus on NFT development. On Wednesday, March 31st, Enjin, the Singapore-based blockchain software solutions provider, raised a massive $19 million. Enjin announced that it shall use this fundraise to build its own Polkadot-based blockchain network Efinity. Also, Efinity shall be the first decentralized blockchain exclusively focused on non-fungible tokens (NFTs) for apps, creators, games, and enterprises. ....

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