Efinity, often abbreviated as EFI, is a cross-chain non-fungible token blockchain. It features an environmentally friendly and scalable network specifically designed for creators, games, enterprises, and applications. It is structure to provide its NFT to the primary audience. Recently, Efinity has launched on the Poloniex platform. Its price is expect to fluctuate after its debut.
The blockchain growth catalyst
The launch of EFI on Poloniex created some controversies in the trading realm. Some were in favor of the movement, while others did not support it fondly. Efinity is seen as the future metaverse that can facilitate the growth of GameGi and NFT.
Back in March 2021, Enjin unveiled EFI for the first time. Enjin is a scalable and energy-efficient platform that aims at developing non-fungible tokens. It stated EFI as a project in its initial stages. Succeedingly, on 1 July 2021, Enjin sold $20 million in Efinity tokens and claimed NFTs as the prospective of online ownership. EFI blockchain payments feature rapid transaction utility and confirmed within seconds. They are scalable up to 1000TPS.
Efinity is the utility token that supports NFT.io. It is the elementary requirement while mining NFTs and participating in the NFT.io network. Now, the users get the advantage of depositing EFI in their Poloniex account. Moreover, Poloniex considered a growth promoter of EFI.
Investing in EFI
EFI blockchain had its peak value of $3.15 in August. Since then, it has been through ascends and descends. The last noted value of EFI was $0.882, at the end of October 2021. Moreover, the value of the token is expected to increase by the end of the month after its listing.
To invest in EFI, the users simply need a reliable and trustworthy broker. The users can invest in EFI from the Binance innovation zone.
