The Enjin Blockchain Officially Launching on September 13th: A New Era for NFTs

In a much-anticipated move, the Enjin Blockchain, a Substrate-based Layer 1 platform with NFT functionality integrated at the protocol layer, is all set to make its grand debut on September 13th at 7 PM GMT+8. This launch marks a significant milestone in the world of blockchain and NFTs, promising to bring exciting changes to the digital asset landscape.

A Long-Awaited Launch

The announcement of the Enjin Blockchain’s official launch comes after the project was unveiled in June of this year. Enjin, a name synonymous with innovation in the NFT space, has been steadily building anticipation for this groundbreaking development.

NFTs at the Protocol Layer

One of the key features of the Enjin Blockchain is its integration of NFT functionality at the protocol layer. This means that NFTs will be seamlessly woven into the very fabric of the blockchain, offering unparalleled ease of use for developers and users alike.

Ecosystem Integration

The Enjin Blockchain will be complemented by a suite of existing Enjin applications, including the Enjin Wallet, the NFT.io marketplace, the Enjin Platform for NFT no-code integration, and the Bean NFT QR code distribution system. These applications are designed to work seamlessly with the new network, providing users with a familiar and user-friendly experience.

A Unified Ecosystem

One of the primary goals of this new blockchain is to democratize NFTs and bring them within reach of everyone. This launch also marks the unification of the Enjin and Efinity communities, consolidating one of the oldest gaming ecosystems under a single unified token, ENJ.

Efinity Integration

With the official launch, the Enjin team will formally integrate the Efinity Matrixchain into the Enjin Matrixchain as the pioneer matrixchain on the new Layer 1. This decision was made through a governance proposal earlier this year, showcasing the decentralized nature of the Enjin ecosystem.

Token Migration

As part of this transition, the Enjin Coin (ENJ) will be migrated from its ERC-20 form to the Substrate-based Enjin Blockchain at a 1:1 ratio. Additionally, Efinity Tokens (EFI) will be swapped to ENJ at a 4:1 ratio, aligning the ecosystem with the new blockchain’s standards.

Core Features Await

The launch of the Enjin Blockchain on September 13th also heralds the activation of its core features. These include governance and staking mechanisms, managed wallets for secure storage, fuel tanks to facilitate transaction processing, and much more. These features will empower users and developers within the Enjin ecosystem.

As the Enjin Blockchain prepares for its official launch, excitement is building across the NFT and blockchain communities. With its innovative approach to NFTs at the protocol layer and its commitment to accessibility, the Enjin Blockchain is poised to redefine the future of digital assets. Stay tuned for what promises to be a groundbreaking moment in the world of blockchain technology and NFTs on September 13th at 7 PM GMT+8.