ENJIN removes gas and supports NFT of any blockchain

We are pleased to reveal new information about our upcoming scaling technology stack, which will feature 2 solutions to remove gas and support fungible and non-fungible tokens (NFTs) from any blockchain:

• JumpNet: Launching April 6, JumpNet is a high-speed bridge network that will allow free, instant on-chain transactions of Enjin Coin and ERC-1155 tokens.
• Efinity: Launching in 2021, Efinity is a decentralized blockchain for NFTs that will support next-generation token features and assets from any blockchain.

Two-way bridges between Ethereum, JumpNet, Efinity, and third-party chains will enable users to easily mint and port tokens onto multiple networks without worrying about high gas fees.

Since its inception in 2017 and the creation of the ERC-1155 token standard by Enjin CTO Witek Radomski, Enjin has grown into the most robust app ecosystem in the blockchain space.

This is in large part thanks to the inventive community of developers, businesses, and entrepreneurs using our tech to mint over 2.15 billion ERC-1155 assets and integrate them into their apps, games, and projects.

Over 8,700 creators have adopted our tools to create next-generation blockchain assets, many of which are working on Enjin-powered integrations across platforms such as mobile, PC, PlayStation, and Minecraft.

From brands like Microsoft to indie game developers, one common obstacle has been faced by each of these bold innovators over the last year: Ethereum gas costs.

While the Ethereum ecosystem has faced persistent challenges related to congestion and fees, we believe technical limitations inspire innovation—and innovation leads to opportunity.

In this case, it’s an opportunity to expand and adapt our solutions to meet the needs of users and creators across the wider blockchain market.

Today, we are pleased to share new information about Efinity, our upcoming scaling solution for NFTs, and introduce an integral piece of our scaling tech stack: JumpNet.

read the article here: https://enjin.io/blog/jumpnet

 

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