Home Altcoins News Efinity (EFI) Lost Most Value With the Fall of Bitcoin (BTC)

Efinity (EFI) Lost Most Value With the Fall of Bitcoin (BTC)

Efinity (EFI) is going to be Massive for NFTs, Metaverse, Gaming

Efinity (EFI) and NFTs are expected to provide for a massive growth. Yahoo has called it Earnable Fi.

Efinity is the cross-chain superhighway that is bringing NFTs to Polkadot. Enjin was founded in 2009 by Maxim Blagov and Witek Radomski. Over the next decade, they organically grew their first product, the Enjin Network, to over 20 million gamers worldwide.

Enjin began building a holistic ecosystem of user-first products that anyone can use to easily develop, trade, monetize, and market with blockchain and NFTs.

Enjin are making it easy to use NFTs for the future. They are the team behind ERC-1155.

“Efinity will serve as an interchange station in the multi-chain metaverse with the advantages of high performance and low energy consumption.”

Lark Davis shared: EFI is going to be massive for NFTs, metaverse, gaming! Don’t fade the $dot ecosystem play built by the enjin team!

Community Response:  I left with a 70% loss. The coin that lost the most value with the fall of Bitcoin. I don’t want to invest again.

The L wasn’t the dip.  The L is that you sell at a loss during a dip. Do some push-ups and come back all pumped with confidence.

I agree. ENJ is in my portfolio too. Need to add EFI when I get some funds.

Seems to be struggling PA but we are early.

I agree, but 169 Million tokens are circulating out of 2Billion.

Check the utility then you’d understand the Tokenomics.

I understand the tokenomics and utility, I love the project, but the fact still stands.

Devs/Studios will need to stake EFI in the fuel tank to use discrete accounts so their users can jump on the platform and play for free or use their token no wallet needed. EFI on fuel tanks is taken out of the circulating supply. The more projects on EFI the less token.

You will also be able to mint NFT & port tokens onto multiple chain for free using JumpNet and to use JumpNet you will need to “hold” EFI on the platform. So, users and other projects from another blockchain will be able to hold EFI & use JumpNet.

I understand all this, it’s not what I’m talking about. Click on the link you posted and go to the public and private distribution and then release schedule, and then add all the crowd loan supply on top of that, those alone you’re looking at 500million+ tokens being unlocked this year.

I see what you mean, but it always comes down to the same questions.  Are you looking for a short-term play to trade and make quick money? Then EFI ain’t the right play.  You’re looking for a mid-long-term play that could 100x when its ecosystem unfolds, well EFI is a strong option.

100% believe this.  Also, mightily invest in their tokens during coin list sale and Polkadot crowd loan.

Insane potential in this ecosystem if people can read and understand the fundamentals of whats possible here ENJIN.

If the price drops in bear market to 0.05$ then I’m a buyer.

I’m trying to form a new corner of the internet where all of the great content creators like yourself congregate to. A place where we can network and learn from each other and share content to educate the masses.

When a project could be used against yourself, it doesn’t matter how much, it will be profitable.

 

 

 

 

 

 

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Julie J

Julie is a renowned crypto journalist with a passion for uncovering the latest trends in blockchain and cryptocurrency. With over a decade of experience, she has become a trusted voice in the industry, providing insightful analysis and in-depth reporting on groundbreaking developments. Julie's work has been featured in leading publications, solidifying her reputation as a leading expert in the field.

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