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Enjin Migrates 200 Million NFTs from Ethereum to Enjin Blockchain
The largest NFT migration in history took place today (11 December), as 200 million NFTs made the transition from
Singapore – 11 December 2023
In a landmark development, Enjin has uted the largest NFT migration away from
MicrosoftEffective immediately, NFT holders can seamlessly claim their assets on the Enjin Blockchain using the Enjin Wallet with a simple “Claim” click. Post-migration benefits include Enjin’s network-wide fuel tanks, providing free transactions across the eco for the next three months. Additionally, enforced on-chain royalties ensure fair compensation for creators, and a powerful API and development platform will simplify token integration into mainstream games.
“Enjin’s migration from its legacy solutions exemplifies the community’s dedication to progress in its pursuit of mass-market success,” said Rene Stefancic, Chief Operating Officer of Atlas, Enjin Contributor. “Only through continuous innovation, superior technology, and, most importantly, an unwavering commitment to user experience, can Web3 tap into the three billion-strong global gamer market.”
Enjin’s decision to launch a blockchain dedicated to NFTs, after six years of building on
Enjin’s infrastructure is specifically designed to enable games to scale effectively, catering to mass market demands and bypassing the limitations of legacy blockchain infrastructure
A specialized NFT-centric fork of the Polkadot Network, Enjin Blockchain addresses scalability issues by offering low transaction fees of just $0.005. This, combined with a throughput of 5,000 transactions per second and the capability to mint up to 2,000 NFTs in a single transaction, sets a new standard in NFT usability.
“Enjin’s NFT migration follows and completes its token migration,” added Oscar Franklin Tan, Chief Financial Officer and Chief Legal Officer of Atlas, Enjin Contributor. “This was one of the most complex, unprecedented blockchain migrations in history, involving both fungible and non-fungible tokens from
About Enjin
Since 2017, Enjin has been the world’s first end-to-end Web3 game development platform and eco, centered around Enjin Blockchain and supported by a seamless app layer consisting of a wallet, marketplace, API, and advanced developer tools. As a scalable, affordable, and feature-rich eco, Enjin’s technology has seen wide application in blockchain games, apps, enterprise initiatives, and innovative marketing campaigns. The Enjin eco is fueled by Enjin Coin (ENJ), the native token of the Enjin Blockchain. To date, over 200 million NFTs have already been created using Enjin’s tools.
Media Contact
Rene Stefancic
Chief Operating Officer
Oscar Franklin Tan
Chief Financial Officer and Chief Legal Officer
Atlas Development Services, a core contributor to Enjin Blockchain
[email protected]