EFI

Efinity, popularly known as EFI, is a blockchain-based platform that facilitates the creation of non-fungible tokens (NFTs) and their utilization across different applications. Powered by Enjin, a leading project in the blockchain gaming and NFT sector, Efinity's purpose is to solve various challenges in the NFT ecosystem, including scaling and interoperability issues. Efinity's EFI token acts as the platforms native currency and is instrumental for transaction fees, liquidity rewards, and governance voting, thereby supporting broad user engagement and participatory governance. The potential that EFI holds in shaping the NFT landscape is considerable, especially given its association with the well-established Enjin project.