Big news from Enjin and Efinity – Cryptocurrency News

There has been a lot of talk about Metaverse in recent days. The news of Facebook becoming Meta is all over social media feeds, media sites, and forums like Reddit. Also, Microsoft and Electronic Arts both plan to construct a Metaverse. Enjin is a pioneer in Metaverse. They are planning to build an open, free to use and decentralized Metaverse that everyone can take part in.

We’ve seen lot of great news over the last month from the Enjin and Efinity teams. Let’s read all about it below.

Partnership with Enjinstarter

Early last month, Enjin announced a strategic partnership with Enjinstarter.

EnjinStarter has received a seed investment from Enjin. And now, they are attempting to develop an ecosystem for Enjin and Efinity. EnjinStarter is a virtual accelerator program. It helps developers with:

  • blockchain integration
  • monetization
  • and marketing strategies

They also advise and support on how to use digital assets for fundraising and community building.

The $100M Efinity Metaverse Fund

Last week Enjin announced the $100 million Efinity Metaverse Fund.

Efinity is a next-generation blockchain developed by Enjin as a parachain on Polkadot. We wrote earlier about Efinity, you can read it here.

The Efinity Metaverse Fund will support Enjin and Efinity adopters with the following use-cases:

  • Metaverse Projects
  • Ecosystem Integration
  • Decentralized Infrastructure
  • GamingDApps and Projects
  • Pioneering Projects

For instance, Enjin already invests in:

  • Ethernal Gladiators.
    • The game takes place in the land of Etherlords. These are ancient, deadly grounds. In the game, you compete in epic Spartan-style contests with other players.
  • Crypto Teddies
    • The game challenges you against competing teddy alliances. Each fight for ultimate dominance. Your goal is to defend the land and battle the power-hungry communes who are seeking to take over Teddy World.
  • Dungeon Universe
    • Free-to-play game with a play-to-earn economy that allows players to claim NFT treasure that they may sell, trade, and spend in-game. Players in Dungeon Universe are rewarded for the time they spend in their virtual world.
  • Moonshot Voyage
    • Free-to-play, play-to-earn (P2E) top-down shooter game. It allows players to earn non-fungible token (NFT) characters, guns, and other tokenized in-game goods.
Listing on OSL

On November 5, Enjin came out with the news that Enjin was listed on the OSL exchange.

Enjin is one of only 11 digital assets that is listed on this trading platform.

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Above all, for more cryptocurrency news, check out the Altcoin Buzz YouTube channel.



This news is republished from another source. You can check the original article here

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