OKEx , a world-leading cryptocurrency spot and derivatives exchange, is pleased to announce the listing of Efinity’sEFI, the first paratoken on the Efinity network. EFI is specially designed to be the next-generation blockchain solution for NFTs. EFI deposits, withdrawals and spot trading for EFI/USDT are all now available on the OKEx platform.

Efinity, launched by Enjin, is an NFT blockchain built on Polkadot, which aims to make the increasingly popular NFT marketplace accessible and scalable for its users. Enjin pioneered the development of NFT platforms in 2017 when they created the advanced ERC-1155 NFT standard. Announced back in March, Enjin was launched after an $18.9 million private sale. Designed to provide a seamless experience for the end-user, a special algorithm was set in place to enable the game-channel network to process transactions every six seconds, and it can scale up to 1,000 transactions per second.

On the listing of Efinity, OKEx CEO Jay Hao commented:

“We are extremely excited to be adding Efinity to our growing portfolio of tokens. As the NFT markets continue to gain momentum, we are pleased to see wider adoption of blockchain technology across mainstream activities, with gaming being one of the fastest-growing sectors.”

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