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Enjin Launches Efinity on Polkadot with 100+ Games & Apps to Join

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First-ever NFT parachain is a game-changer in decentralized gaming; will support CryptoBlades’ 1.1M users, with over 100 confirmed game and app partners.

Enjin, the leading ecosystem for non-fungible tokens (NFTs), has launched its flagship parachain Efinity on Polkadot. As the first-ever NFT parachain to launch on the Polkadot network, Efinity will support CryptoBlades and its 1.1 million users, with additional commitment from over 100 games and apps.

Purpose-built to remove the barriers to entry to NFTs and decentralized gaming, Efinity simplifies the user experience and economics of digital asset management. As the first gaming platform to boost NFT adoption on Ethereum and authors of ERC-1155, Enjin is now heralding Polkadot and Efinity as the next generation of blockchain gaming.

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Peter Mauric, Head of Public Affairs at Parity Technologies, commented: “Interoperability is crucial to the progression of Web3 and the metaverse. Polkadot is addressing the restrictive effects of incompatibility between blockchains, providing a platform for a modular cross-chain infrastructure. The Polkadot community is excited to see what Efinity delivers — a scalable solution for NFTs that is affordable and environmentally responsible.”

Among the projects that will integrate Efinity is CryptoBlades, a play-to-earn NFT RPG produced by award-winning studio Riveted Games. Along with CryptoBlades and its 1.1 million active users, over 100 projects have pledged their commitment to Efinity, including Lost Relics, Dvision Network, SwissBorg, MyMetaverse, Age of Rust, and the PlayNFT Twitch plugin. These projects will receive beta access to build on Efinity via the Enjin Platform, a blockchain development platform with over 160,000 users.

Phillip Devine, CEO of CryptoBlades, added: “Efinity will bring immediate value to users with native support for NFTs and a full suite of NFT gaming utilities developed by Enjin. Along with our play-to-earn title CryptoBlades, we are excited to make our NFT bridging, curated marketplace, and launchpad available via Efinity.”

Efinity’s features cater to crypto novices and experts alike. Offering a massive leap forward in NFT scaling and performance, Efinity is currently capable of minting 2,000+ NFTs to 2,000+ separate wallets per transaction with transaction fees 2,000x lower than existing NFTs on Ethereum. Virtual wallets enable easy onboarding by not requiring new users to have a crypto wallet, and cross-chain bridges will enable users to port their NFTs and cryptocurrencies onto Efinity from any blockchain. Additionally, developers will be able to subsidize transaction costs for their users using Efinity’s fuel tanks.

Witek Radomski, Co-founder & CTO at Enjin, concluded: “After four years of intensive research and development, Efinity adopters now have access to the most scalable, secure, and feature-packed NFT blockchain available. With many groundbreaking features coming to Efinity in the months following launch, there will be no other chain that allows this level of customizability and interactivity in NFT applications at scale.”

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Enjin has released its roadmap for the remainder of March 2022, including closed beta launches for the NFT.io marketplace and v2.0 of the Enjin Wallet app. Those interested in exploring the possibilities of Enjin’s tech stack and Efinity can visit enjin.io/efinity.

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Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity

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Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.

This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.

Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”

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This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.

The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.

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HIPTHER Announces Major Expansion into Fintech, Blockchain, and AI, Reinforcing Its Position as a Diverse Industry News Leader

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Building on its established success in the gambling and iGaming sectors, HIPTHER Agency is excited to announce a significant expansion of its editorial focus into three dynamic industries: fintech, blockchain, and artificial intelligence. This strategic move is part of HIPTHER’s ongoing commitment to providing comprehensive, in-depth coverage across a spectrum of industries, including virtual reality, esports, and official global government releases.

Focused Expansion for a Diverse Audience

The expansion into fintech, blockchain, and AI represents HIPTHER’s dedication to staying at the forefront of technological and financial advancements. By integrating these sectors into the HIPTHER .com platform, the agency offers its audience a rich, diverse content experience, positioning itself as a one-stop destination for insights across these cutting-edge fields.

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Enhanced Digital Presence and Accessibility

Complementing this expansion, HIPTHER continues to enhance its digital footprint. The agency’s Android app has already established a strong user base, and with the anticipation of an iOS app in 2024, HIPTHER is set to broaden its reach and accessibility. The agency’s social media channels are also being rebranded to reflect this expanded focus, ensuring a cohesive and comprehensive digital experience.

Unwavering Commitment to Quality and Insight

HIPTHER, known for its high-quality content in the gambling industry, extends this commitment to its new sectors. The agency’s team of experts and seasoned journalists is dedicated to delivering insightful, accurate, and timely information, catering to the needs of a diverse, global audience.

Zoltan Tundik, Co-Founder and Head of Business at HIPTHER, states, “Our expansion into fintech, blockchain, and AI is a natural progression of our mission to provide diverse, in-depth industry news. We’re excited to bring our expertise and quality content to these vibrant sectors, while continuing to serve our existing audiences with the coverage they trust.”

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For more information, please visit HIPTHER.com

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Empowering Women in Web3: Polish Blockchain Association’s Exciting Initiative

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Hipther proudly announces the commendable initiative by the Polish Blockchain Association: the “Top Women of Web3, Central and Eastern Europe edition.” This groundbreaking effort aims to spotlight and celebrate the outstanding contributions of women shaping the Web3 landscape in Poland and the broader Central and Eastern European region.

 

Diversity as a Driving Force

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Recognizing the transformative power of diversity, the Polish Blockchain Association acknowledges the invaluable impact women are making in the Web3 and blockchain industry. Despite these significant contributions, women remain underrepresented in the public sphere of the industry, particularly at conferences, webinars, and other events. The initiative seeks to address this imbalance and bring more visibility to the achievements of female colleagues in the region.

 

Nominate Outstanding Women

If you share this commitment to fostering diversity and inclusivity, we invite you to participate in this empowering initiative. Nominate outstanding women who have had a direct impact on the Web3 space over the past year. Whether it’s yourself or a colleague, we want to hear about the remarkable women shaping the industry in Central and Eastern Europe!

To nominate, simply visit the nomination page. The deadline for submissions is December 31, 2023, and the winners will be announced in January 2024.

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Recognition and Rewards

The Polish Blockchain Association will select 20 outstanding profiles from the nominations, and the winners will be featured in a special report. This report will not only be published by the association but, subject to consent, will also be made available to conference and event organizers. This initiative aims to increase the visibility of women in core industry events as speakers and contributors. Additionally, winners will receive free tickets or discounts to attend the next year’s Tech of Tomorrow Conference, organized by the Polish Blockchain Association on September 19-20, 2024.

 

Inspire the Next Generation

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By showcasing the diverse talent in the Web3 space, we aspire to inspire the next generation of leaders. Join the Polish Blockchain Association in supporting and recognizing the women who are driving innovation and excellence in the blockchain and Web3 industry.

Hipther is proud to stand alongside our Strategic Partners, the Polish Blockchain Association, in communicating this impactful initiative. Let’s work together to create a more inclusive future for the world of technology!

The Polish Blockchain Association is a non-profit organization fostering knowledge and experience exchange in the area of blockchain technology. Their mission is to connect experts, developers, enterprises and tech enthusiasts, and serve as a collaboration-enabling platform for the whole Polish and global blockchain community. Under the scope of this mission, they have joined forces with Hipther as Strategic Partners for the most impactful GameTech in-person gathering in CEE, the Prague Gaming & TECH Summit.

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