Enjin's Efinity Won Polkadot’s Sixth Parachain With $214M Raised

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Enjin's Efinity Won Polkadot’s Sixth Parachain With $214M Raised
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Enjin’s Efinity has won Polkadot’s sixth and last parachain auction for 2021 with a fundraiser of over $214 million in DOT.

Efinity is a project developed by blockchain gaming company Enjin as a cross-chain NFT infrastructure that creates ecosystem interoperability and incentives for users that engage with NFTs.

With nearly all the previous winners of Polkadot’s parachain slots DeFi-related, Efinity believes that “the interconnected blockchains – and indeed the world – needs an updated network for sharing digital assets.”The cross-chain network describes itself as “the next-generation NFT marketplace.” It aims to leverage Polkadot’s ecosystem to build a decentralized metaverse that will allow users to exchange and transfer non-fungible tokens across blockchains.

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