Audience
Individuals searching for a cross-chain NFT blockchain solution to manage their tokens and crypto assets
About Efinity
Next-generation Blockchain for NFTs. Scalable, decentralized, cross-chain network designed to bring non-fungible tokens to everyone. Enjin is developing Efinity, a next-generation blockchain for digital assets, built on Polkadot. Businesses and developers seriously need a platform that can deliver a modern, mainstream and developer-friendly NFT experience. Since the release of Ethereum, there have been attempts to build infrastructure and tokenization around this general-purpose computing blockchain, but there’s an ever-growing thirst for a better solution. Creators are forced to work with crippling fees, inflexible smart contracts and disjointed interoperability. Adoption of today’s NFTs is still limited to die-hard crypto enthusiasts. The blockchains that non-fungible tokens live on give actual users no incentives (other than the prices rising), because miners are given the full share of generated tokens.
Other Popular Alternatives & Related Software
Rarible
Creator-centric NFT marketplace with a community governance program. The first community-owned NFT marketplace. Create, sell or collect digital items secured with blockchain. NFT stands for non-fungible tokens like ERC-721 (a smart contract standard) tokens which are hosted on Ethereum’s own blockchain. NFTs are unique digital items such as collectibles or artworks or game items. As an artist, by tokenizing your work you both ensure that it is unique and brand it as your work. The actual ownership is blockchain-managed. RARI is the native governance token of the NFT marketplace Rarible, designed to reward active platform users with a voice on the platform's future. As we are growing in numbers and expanding our presence on the market, we decided to take a shift towards a becoming a fully Decentralized Autonomous Organization. RARI has been created to give Rarible community the power to influence decisions and incentivize active participation.
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Arcade
Arcade is built on the Pawn Protocol, an infrastructure layer for NFT liquidity that enables the financialization of non-fungible assets commonly referred to as non-fungible tokens or NFTs. NFTs represent a revolution for storing value and attributing ownership of unique assets in the metaverse and the creator economy. A smart contract powered by state-of-the-art crypto engineering keeps your loan contracts on track, on time, easily accessible around the clock. Earn interest as a secured lender, or borrow against your NFT assets, all running on the Ethereum blockchain. Arcade is backed and trusted by world-class investors and trailblazers who believe in pushing the boundaries of web3 technology. We follow the highest blockchain industry standards. Our protocol has been stress tested and verified by industry peers to ensure security, uptime, and speed set new industry standards.
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Blockparty
Digital goods from your favorite artists and brands. Collect NFTs or create a storefront of your own. Our suite of Web 3.0 tools allows creators and brands to create verifiably unique, connected items that bring utility and joy to their fans online and off. Create and manage your Unique Items and Multiple Editions backed by digitally traceable Non-Fungible Tokens (NFTs). Sell or auction your Items directly, or create hype around your own limited edition Drop. Get paid in USD and Ethereum. Reduce minting fees and environmental impact with Flexible Minting on Blockparty, Ethereum and/or Flow. Build with new tools for custom storefronts, royalties and more launching soon. Reach out to our team directly to inquire about custom solutions. Browse the Marketplace for digital and physical Items and experiences from the best creators and brands. Purchase or bid on Items with credit card, debit card, or MetaMask (now accepting USD and Ethereum).
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OpenSea
The world’s largest digital marketplace for crypto collectibles and non-fungible tokens (NFTs), including ERC721 and ERC1155 assets. Buy, sell, and discover exclusive digital assets like Axies, ENS names, CryptoKitties, Decentraland, and more. Building brand new economies powered by true digital ownership. OpenSea is the first and largest marketplace for user-owned digital goods, which include collectibles, gaming items, domain names, digital art, and other assets backed by a blockchain. At OpenSea, we're excited about a brand new type of digital good often referred to as a non-fungible token, or NFT. NFTs have exciting new properties: they’re unique, provably scarce, liquid, and usable across multiple applications. Just like physical goods, you can do whatever you want with them! You could throw them in the trash, gift them to a friend across the world, or go sell them on an open marketplace. But unlike physical goods, they're armed with all the programmability of digital assets.
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Company Information
Efinity
Founded: 2009
Singapore
efinity.io
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