Enjin Sells $20M of New EFI Token in CoinList Sale

EFI is the native token of Efinity, a Polkadot-based parachain with a focus on non-fungible tokens.

AccessTimeIconJul 1, 2021 at 2:01 p.m. UTC
Updated May 9, 2023 at 3:21 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

 Blockchain platform Enjin said it sold $20 million in EFI tokens through a public sale on CoinList.

  • Held on June 24, Enjin said there were 40,089 participants in the sale who purchased the EFI tokens in just two and a half hours.
  • EFI is the native token of Efinity, a Polkadot-based parachain with a focus on non-fungible tokens (NFTs).
  • Despite a recent dip in the crypto market, the sale indicates continued interest in getting in early on new tokens.
  • The Efinity blockchain platform supports NFTs from any blockchain, including Polkadot, Kusama, Ethereum, Enjin’s JumpNet and more.
  • “NFTs are the future of digital ownership,” said Enjin CEO Maxim Blagov. “Efinity will provide the infrastructure needed to harness NFTs with ease, and allow creators to focus on the creative process.”
  • A CoinList sale for the MINA token generated nearly $19 million in May.
  • Social token platform Rally used CoinList to sell $22 million in RLY tokens in April.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.