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Hashoshi explains what you need to know about Efinity, a Polkadot parachain focused on bringing NFTs to the mainstream. The latest addition to the Enjin ecosystem brings together the years of lessons learned and effort from the Enjin team to define a grand vision for NFT adoption at scale. At the core of the Efinity network is the EFI token and ENJ token, providing powerful ways to create and earn! Learn more about why Efinity, and the Enjin ecosystem at large, is a huge opportunity for the entire crypto space:
⚠️ Important ⚠️ The opinions and information presented in this video are strictly my own, or those of the interviewee featured in the episode, and are not representative of any other individual or entity. The content provided in this video is informational in nature and does not constitute financial advice, advice of any other nature, nor a call to action to purchase cryptocurrency assets of any kind. It is the responsibility of the viewer to conduct independent research and due diligence before making any financial or investment decisions related to the subject matter published on this channel, whether sponsored or unsponsored. Sponsorships, which are clearly disclosed, are informational in nature and do not constitute a call to action to purchase cryptocurrency, nor a direct endorsement from Hashoshi. This channel does not offer the purchase or sale of securities.
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⏰ // Timestamps // ⏰
0:00 Efinity by Enjin
0:38 What is Efinity?
2:00 Polkadot is key to Efinity’s vision
3:35 Efinity is now a parachain
4:22 Key technology behind Efinity
5:54 Solving for high fees and scalability
7:02 Fee delegation and Fuel Tanks
8:47 User experience focused features
10:07 Efinity Marketplace
10:55 Crafting (“recipes” for NFTs)
11:45 The Paratoken standard 🗡
13:04 The EFI cryptocurrency
13:24 How the ENJ cryptocurrency ties in
14:06 Earn EFI by USING Efinity
15:05 What’s next in 2022?
15:36 Learn more about crypto!
🛑 // DISCLAIMERS & TRANSPARENCY // 🛑
🔺 This description box contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission.
The information in this video is an opinion and is for informational purposes only. It is not intended as investment advice, tax advice nor legal advice, nor does it represent any entity’s opinion but my own. Seek a duly licensed professional for investment advice. No guarantees are being made, nor promises rendered of financial gain or other benefit in this highly speculative market.
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