Efinity Token (EFI) Is Live | Enjin Blog

3 min read

We announced Efinity in March, a next-generation blockchain for non-fungible tokens (NFTs) built on Polkadot.

Since then, we’ve been hard at work developing a cross-chain highway to serve the entire NFT space, and bring these powerful digital assets to everyone, everywhere.

Today, we are excited to take the next step forward in the Efinity roadmap: Efinity’s native token, EFI, is being released and listed on OKEx, Blockchain.com Exchange, Crypto.com, and CoinList.

EFI Listing Partners

We’re working with a group of strategic partners at leading exchange platforms to bring EFI to you on its launch date.

OKEx

OKEx is one of the world’s largest exchanges with over 20 million users. OKEx was one of the first platforms to initially list Enjin Coin (ENJ) back in 2017, and we couldn’t be more excited to partner with them again for the initial listing of EFI.

“We are extremely excited to be adding Efinity to our growing portfolio of tokens. As the NFT markets continue to gain momentum, we are pleased to see wider adoption of blockchain technology across mainstream activities, with gaming being one of the fastest-growing sectors.”

— Jay Hao, CEO of OKEx

We recently collaborated with OKEx to introduce a limited-edition ENJ NFT, and will be launching another NFT collaboration in celebration of the EFI listing.

Want to learn more about EFI? Enjin Co-founder & CTO Witek Radomski will be participating in an AMA with the OKEx community on August 10. Join us!

Listing Details:

Trading of EFI will start according to the following schedule:

  1. EFI deposits open at 09:00 am UTC on August 4.
  2. Spot trading for EFI/USDT opens at 10:00 am UTC on August 4.
  3. EFI withdrawals open at 10:00 am UTC on August 6.

Blockchain.com Exchange

We are thrilled to list EFI on Blockchain.com Exchange. Blockchain.com Ventures is a long-term partner of Enjin and a leading participant in the EFI private sale.

“We’ve been working closely with the Enjin team for almost 3 years. They have an incredible ability to spot technology trends, particularly with regards to blockchain gaming and NFTs, where they’ve been an industry pioneer. Efinity is the logical next step for NFTs as it removes friction for both developer and consumer adoption and will help blockchain reach an entirely new userbase.”

— Samuel Harrison, Managing Partner of Blockchain.com Ventures

Blockchain.com is one of crypto’s most recognized exchanges, having started out as a crypto explorer platform, to become a global exchange boasting over 31 million verified users spanning 200 countries.

Upon launch, trading pairs will include EFI-USDT, EFI-USDC, EFI-USD.

We will also be collaborating on an exclusive NFT giveaway in celebration of the listing. Check out their blog for more details on how to participate!

Crypto.com

Crypto.com is a force in the industry, empowering over 10M users worldwide. We were proud to have Crypto.com Capital lead the EFI private sale seed round, and are excited to work with them to bring EFI to their userbase.

EFI has been listed on the Crypto.com Exchange and in the Crypto.com App, allowing you to purchase EFI with USD, EUR, GBP and 20+ fiat currencies, and spend it at nearly 70M merchants globally using the Crypto.com Visa Card.

“We are strong believers in the potential of NFTs and are confident the Enjin team will play a pivotal role in developing the infrastructure required to meet that potential. As a co-founder of Crypto.com, I understand how hard it is to bring game-changing ideas to life. We’re proud to have led this funding round and will continue to support Maxim and his team throughout their journey.”

— Bobby Bao, Co-founder and Head of Corporate Development & Capital of Crypto.com

Through Crypto.com’s EFI Price Page, you can also directly access our RSS news feed, where you can obtain the latest news and updates from Enjin and Efinity. Crypto.com has also integrated a similar feed on the ENJ page.

CoinList

CoinList has been a key partner of Efinity. The team was instrumental in supporting the EFI public sale, which took place on CoinList in June.

The sale sold out in just 2.5 hours, helping us welcome over 40,000 new EFI holders to our community!

Public sale participants will receive their initial release of EFI tokens today on CoinList, with trading available on CoinList Pro, CoinList.co, and the CoinList mobile app thereafter.

DEXs

EFI will is also available on decentralized exchanges, including Uniswap and SushiSwap. In the future, we will also be working to make EFI available on DEXs on Polygon and Binance Smart Chain (PancakeSwap).

To enable EFI holders to stake and earn EFI on Bancor, we’ve also submitted a proposal to the BancorDAO to whitelist EFI!

The ENJ liquidity pool on Bancor has been one of the most active on the platform, and we hope for EFI holders to be able to enjoy the same benefits with the approval of this proposal. Head over to gov.bancor.network to review the proposal and share your feedback.

The Road to Efinity

Today marks an important milestone in the Efinity journey.

We are filled with optimism and excitement as we unleash EFI to the world, and grateful to our partners, supporters, and community for helping us reach this day.

As we look ahead, Phase 1 of the Efinity roadmap is well underway. We currently have an alpha of Efinity running internally, testing at 120 million transactions per block, with transaction batching of 12,000 transactions.

Find out more about recent development progress in our latest ecosystem update, and stay tuned—exciting times are ahead.

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