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Efinity Token
EFI

$0.095
Market Cap
-0.44% $8,296,451
Fully diluted market cap
$190,909,250
Circulating supply
86,915,138 EFI
Total supply
86,915,138 EFI
Max. supply
86,915,138 EFI
Volume 24h
+100.00% -
Volume/Market cap (24h)
0.00%

Official Links

Ratings

Average ratings from the community
4.6
100 Ratings
Average ratings from the community
This content is for informational purposes only

logo
Efinity Token
EFI

$0.095
1D
7D
1M
3M
1Y
ALL
Market Cap
-0.44% $8,296,451
Fully diluted market cap
$190,909,250
Circulating supply
86,915,138 EFI
Total supply
86,915,138 EFI
Max. supply
86,915,138 EFI
Volume 24h
+100.00% -
Volume/Market cap (24h)
0.00%

EFI Price Calculator

EFI
USD
1 EFI equals $0.095 United States Dollar
Last updated 2024/11/14 15:00:16 (UTC)

Official Links

Ratings

Average ratings from the community
4.6
100 Ratings
Average ratings from the community
This content is for informational purposes only

EFI Market

EFI Market Stats

24h Low & High
Lowest Price
$0.095
Highest Price
$0.096
All Time High
$3.36
Price Change(1h)
-0.31%
Price Change(24h)
-1.48%
Price Change(7d)
+2.28%

EFI Price Live Data

The live price of Efinity Token is $0.095 per (EFI/USD) today with 24-hour trading volume is - USD. EFI to USD price is updated in real-time. Efinity Token is -1.48% in the last 24 hours.

EFI Price Performance

24DAYS
$-0.0016
-1.67%
30DAYS
$0.0033
+3.68%
90DAYS
$0.0033
+3.66%
1YEAR
$0.028
+43.45%

About Efinity Token (EFI)



Efinity is a cross-chain NFT platform developed by Enjin and built on Polkadot. Efinity was created as the next generation blockchain for digital assets with the aim of adapting to the challenges of the world of non-fungible tokens (NFTs), according to the project.

The main specialization of the Efinity project is the NFT space. With the protocol, traders and gamers can create, distribute, transfer, sell and buy NFTs. Efinity aims to remove barriers to entry into the NFT space/decentralized gaming, and to simplify user experience and digital asset governance.

Efinity Token powers the entire Efinity ecosystem, EFI aims to prioritize the generation, transfer and purchase of tokens using an inter-chain infrastructure of protocols resulting in lower transaction fees. As for incentives, rewards on PoW blockchains with NFT functionality go to miners who create/trade tokens, thereby forming a community.

One of the long-term goals of Efinity is to become a hub for both fungible and non-fungible tokens, accepting tokens from any other chain, facilitating the pricing and exchange of NFTs, increasing transaction volume, and creating network effects.

In December 2021, the project won the Polkadot parachain auction, and in March 2022, Enjin launched their flagship parachain Efinity on the Polkadot Relay Chain — a blockchain platform that provides a decentralized parachain network where people havecontrol over their data and identity.

## Who Are the Founders of Efinity Token?

Efinity was developed by the Enjin team, and Maxim Blagov (CEO) and Witek Radomski (CTO) are co-founders of the company.

Maxim Blagov graduated with a degree in computer science from the University of Technology Sydney (UTS). He’s an expert in concept development and strategizing for interactive apps in the video game industry, with extensive experience in UX/UI design. In 2009, Blagov teamed up with Witek Radomski to launch Enjin, devoting 14 years to developing the ecosystem.

As for Witek Radomski, he’s also one of the first members of the Enjin team who spearheaded the integration of Enjin Coin (ENJ). Radomski has 13 years of experience and is known as the creator of the ERC-1155 token standard.

And another player is Caleb Applegate, COO at Enjin and former COO of Mineplex, which was a global Minecraft gaming service from 2013 to 2023.

In 2019, Enjin signed a partnership with Microsoft, and in 2021 enlisted the support of investors like Hashed, Crypto.com Capital, Digital Finance Group, DeFi Alliance and Hypersphere.

## What Makes Efinity Token Unique?

Efinity (EFI) is endowed with a number of unique features that distinguish the project from competitive blockchain platforms, for instance: fast transactions and low fees, the use of so-called fuel tanks, support for contracts with multiple signatures and the implementation of Efinity Swap technology.

Key advantages of Efinity:

Fuel tanks. A feature that allows users to engage with Efinity without bearing transaction costs. Essentially, it is a collective pool of tokens utilized by various accounts (wallets) for conducting transactions on Efinity.

Fast transactions and low fees. Efinity (EFI) is capable of processing 700 to 1000 transactions per second. The transaction confirmation speed is 6 seconds and does not require the end user to have a blockchain wallet. The speed of the process ensures prompt response times.

Efinity Swap. The technology improves the efficiency of the paratoken exchange process. How does it work: the automatic conversion mechanism allows the upgrading of one paratoken to another for various purposes, greatly simplifying the swaps that are available through buy / sell orders.

The global mission of the Efinity project is to shape the crypto future, where NFTs will become something familiar and integral for any user, where rewards go not only to miners, but to all network participants: developers, traders, ordinary token holders, where all transactions proceed fast and with low fees.

EFI To Local Currency

Last updated 2024/11/14 00:00:03 (UTC)

How To Buy Efinity Token

When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy Efinity Token and help you discover other cryptocurrencies similar to Efinity Token.

FAQ

Q
What is the current price of Efinity Token?
A
We update our Efinity Token to USD price in real-time. Get the live Price of Efinity Token on CoinMapAi.
Q
What is the 24 hour trading volume of Efinity Token?
A
Over the last 24 hours, the trading volume of Efinity Token is -.
Q
What is the all time high of Efinity Token?
A
The all-time high of Efinity Token is $3.36. This all-time high is highest price paid for Efinity Token since it was launched.
Q
Where can I buy Efinity Token?
A
Efinity Token can be purchased on multiple centralized exchanges. Please check our buying guide: buy Efinity Token guide.
Cryptocurrency investment activities, including actions done to buy Efinity Token online via OKX, are subject to market risk. OKX provides easy and convenient ways for you to buy Efinity Token instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Efinity Token purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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