Efinity Description
Efinity represents the future of blockchain technology for NFTs, offering a scalable, decentralized, and cross-chain network aimed at making non-fungible tokens accessible to a broader audience. Developed by Enjin, this innovative blockchain is built on the Polkadot framework, catering to the pressing needs of businesses and developers who require a contemporary, user-friendly platform for NFTs. Despite the advent of Ethereum and various efforts to create infrastructure supporting tokenization, the demand for a superior solution continues to grow. Currently, creators face burdensome fees, rigid smart contracts, and a lack of seamless interoperability, which stifles creativity and innovation in the space. As a result, NFT adoption remains largely confined to dedicated crypto enthusiasts, while everyday users find little incentive to engage with these digital assets. Moreover, the design of existing blockchains means that actual users often receive no tangible benefits from their participation, as the rewards generated primarily go to miners instead. Consequently, a new approach is not just desired but essential for fostering a thriving NFT ecosystem.
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Cahoot
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Venly
Venly is a blockchain technology provider that creates tools and products to help companies benefit from blockchain technology.
We offer a whole technology stack to bring platforms, apps, and brands into Web3.
We provide marketplaces, wallets, and NFT solutions to assist businesses in smoothly integrating web3 technology and onboarding customers.
Our solutions use a Web2 interface that developers and users are already familiar with to make blockchain easy to use.
Venly enables the adoption of blockchain by offering reliable and user-friendly software solutions. We are making blockchain accessible for everyone.
Venly's products and services include:
WALLET SOLUTIONS → Instant Web3 Wallets for Your Users
NFT TOOLS → Your Complete NFT Toolkit
MARKETPLACE SOLUTIONS → NFT Marketplace Built for the Mainstream
SHOPIFY NFT APP → Sell NFTs in Your Shopify Store
WEB3 GAMING TOOLKIT → Make Your Game Web3 Ready
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OpenSea
OpenSea stands as the most extensive online platform for trading crypto collectibles and non-fungible tokens (NFTs), incorporating both ERC721 and ERC1155 types of assets. Users can buy, sell, and explore a range of unique digital items such as Axies, ENS names, CryptoKitties, and Decentraland, among others. This marketplace is dedicated to developing entirely new economies that are driven by genuine digital ownership. As the pioneering and largest venue for user-owned digital items, OpenSea features a variety of goods that encompass collectibles, gaming assets, domain names, digital artwork, and other blockchain-backed resources. Our enthusiasm at OpenSea lies in the emergence of NFTs, a novel category of digital items that possess remarkable characteristics: they are distinctive, verifiably limited in quantity, liquid, and can be utilized across various platforms. Just like their physical counterparts, you have the freedom to manage them as you see fit—whether discarding them, sharing them with friends worldwide, or listing them for sale on an open marketplace. Furthermore, unlike tangible assets, these digital goods come equipped with the full potential of programmability, paving the way for innovative use cases. The versatility and distinctiveness of NFTs are revolutionizing how we perceive ownership in the digital age.
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Integrations
Company Details
Company:
Efinity
Year Founded:
2009
Headquarters:
Singapore
Website:
efinity.io
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Customer Support
Online Support
Efinity Features and Options
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