NFT

Enjin to Launch Headquarters in Bloktopia Metaverse, Efinity Gets Listed at Huobi

Enjin to Launch Headquarters in Bloktopia Metaverse, Efinity Gets Listed at Huobi

Days after winning Polkadot's sixth parachain auction with Efinity, Enjin announced that it will be launching its new headquarters in Bloktopia's metaverse.

According to Enjin, the new headquarters is designed to showcase its NFT ecosystem and current projects built to bolster its presence in the NFT and metaverse space. A leading Polkadot project, Enjin is looking to further develop Efinity, a scalable, decentralized, and cross-chain token infrastructure built for NFT development across Polkadot's stack.

Enjin's Efinity, on the other hand, won the sixth and final parachain acution for Polkadot as 2021 closed, with over $214 million in DOT (7.7 million units) contributed by its community. The win would provide Enjin with a more viable presence in a rapidly growing space, while the move to register its own space in the metaverse would position Enjin for further visibility in the metaverse among other brands and projects that have done the same.

Bloktopia, Enjin's choice metaverse partner, will act as the latter's bridge between the physical and into the virtual world. Bloktopia is a decentralized metaverse built and backed by the Polygon Network. The whole metaverse structure is styled as 21 levels, a homage to the 21 million supply cap of Bitcoin. Space on the Bloktopia metaverse building was purchased through its native token, $BLOK, while all token holders have access to all levels and modes engagement.

The Blok Ecosystem is a decentralized, crypto-based real estate investment platform. It comprises real estate that may be bought by Blok token holders. The term "Bloktopian" refers to all of the owners. It is largely focused on four areas of engagement: learn, earn, play, and create. Bloktopia's vision, according to its website, is to assist users in exploring the world of cryptocurrency while also providing an immersive metaverse experience for them.

Enjin remains as one of the strongest brands in the NFT, blockchain gaming, and metaverse space. Its NFT project with Efinity recently received new listing for its $EFI token from Huobi Global, a Seychelles-based crypto exchange.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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