PlayIconNav
BTC
$66,755.11-2.17%
ETH
$3,470.98-2.57%
BNB
$598.44-3.85%
SOL
$146.70-5.43%
XRP
$0.47715677-2.64%
DOGE
$0.14088859-3.45%
CD20
$2,254.17-2.92%
TON
$7.55+2.93%
ADA
$0.42029903-3.96%
SHIB
$0.00002112-4.90%
AVAX
$31.11-6.29%
WBTC
$66,792.58-2.32%
Ad
Finance

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.

By Tanzeel Akhtar
AccessTimeIconJul 1, 2021 at 2:01 p.m. UTC
Updated May 9, 2023 at 3:21 a.m. UTC
Tokens

 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.
VolumeMuteUnmute

Mona Founder on Future of the Metaverse

  • Fed Sees Just One Rate Cut This Year; CRV Slides as Curve’s Founder Faces Liquidation Risk
    01:49
    Fed Sees Just One Rate Cut This Year; CRV Slides as Curve’s Founder Faces Liquidation Risk
  • What's Next for Bitcoin After Fed Predicts Just One Rate Cut for 2024
    00:50
    What's Next for Bitcoin After Fed Predicts Just One Rate Cut for 2024
  • Litecoin Creator Charlie Lee on Company Evolution
    09:05
    Litecoin Creator Charlie Lee on Company Evolution
  • U.S. CPI Returns Flat in May; Donald Trump Wants All Remaining Bitcoin to Be 'Made in USA'
    01:45
    U.S. CPI Returns Flat in May; Donald Trump Wants All Remaining Bitcoin to Be 'Made in USA'

    • Disclosure

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

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies 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 with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.