The Enjin community is buzzing with anticipation as the highly awaited Enjin Blockchain is set to launch on September 13th. This development is expected to revolutionize the NFT gaming ecosystem, with a clear vision of democratizing access to NFTs at its core. Enjin and Efinity, two powerful communities, will merge under a unified token, ENJ, to enhance the user experience in the NFT marketplace.
With the transition to the new blockchain platform, several significant changes are on the horizon. The introduction of the Efinity Matrixchain, following a successful community referendum in June, will integrate with the Enjin Matrixchain. This collaboration marks the beginning of the Enjin Blockchain journey.
Additionally, there will be notable alterations in the token system. The Enjin Coin (ENJ) will shift from its ERC-20 base to the substrate-based Enjin Blockchain, ensuring a seamless transition at a 1:1 ratio. Efinity Tokens (EFI) will also be exchanged for ENJ at a 4:1 ratio, further solidifying the unity of the Enjin ecosystem.
The Enjin Blockchain aims to foster greater user engagement by introducing new core features that simplify governance and staking processes. Fuel tanks and managed wallets will provide users with a smoother and more interactive experience in the NFT space.
As Efinity merges into the Enjin Matrixchain, users can expect a seamless transition with all existing data from Efinity being carried over. Substrate EFI will automatically convert to native ENJ, creating a unified platform for the entire Enjin ecosystem.
The Enjin app layer is preparing for an effective integration with the new blockchain, offering users an enhanced and intuitive experience. Existing features like Beams will be accessible on the Enjin Matrixchain through the Enjin Wallet app. This integration will facilitate the migration of ENJ and EFI to native ENJ, while also serving as a gateway to early governance and staking UI, encouraging users to actively participate in community governance.
The launch of the Enjin Blockchain is set to stimulate further growth and innovation in the NFT sector. As the date approaches, users are encouraged to prepare for the migration and embrace the new opportunities that the Enjin Blockchain will unlock in the world of NFTs.
Setting itself apart from other platforms, the Enjin Blockchain takes a unique approach by embedding essential functions like creating, utilizing, and transferring NFTs directly into its core code, eliminating the need for smart contracts. This streamlined approach sets the Enjin Blockchain apart and facilitates a seamless user experience.
Enjin has unveiled an impressive suite of blockchain tools and solutions that empower developers, businesses, and individual users to create, manage, trade, distribute, and integrate NFTs. The Enjin Platform, Enjin Wallet, NFT marketplace (NFT.io), Software Development Kits (SDKs), plugins, a powerful API, and a QR code asset distribution service form a cohesive ecosystem for NFT enthusiasts.
Enjin has also forged strategic alliances with industry giants such as Microsoft, Square Enix, and Entropia Universe, showcasing its commitment to collaboration and fostering innovation. With over 100 game and app developers on board, Enjin is involved in a range of projects spanning various categories, including reward initiatives, open-world fantasy RPGs, card trading games, augmented reality applications, and Minecraft servers.
The Enjin Blockchain stands as a promising frontier for expanding the horizons of NFT accessibility and engagement. By launching this innovative platform and bringing together the Enjin and Efinity communities, Enjin is poised to redefine the NFT gaming landscape and unlock new possibilities for users worldwide. The future of NFTs is bright with the Enjin Blockchain leading the way.