TokenSuite Ventures invests in Efinity
We, as TokenSuite Ventures, are excited to announce our investment in Efinity.
Undoubtedly, NFTs are one of the most popular, and increasingly growing economies in the blockchain industry. With this growth, problems such as lack of user experience, high fees, the limited code base for functional NFTs arise. The biggest problem is that there is no blockchain purpose-built for NFT users. Enjin, the largest NFT issuer in the blockchain network and creator of ERC1155, has been building Efinity to solve these exact issues. To write the next chapter in the history of NFTs, humanity needs a blockchain that not only solves the problems NFTs face today but opens new possibilities for the NFTs of tomorrow.
Efinity is built on Polkadot, a next-generation, completely decentralized network that solves the largest issues that blockchains face today: interoperability, scalability, speed, security, privacy, developability, and governance.
“NFTs should be for everyone. Building with Polkadot will enable us to deliver an accessible, scalable solution that empowers everyone to participate in the emerging NFT economy. With the end-user in mind, Efinity will provide a fun, simple, and accessible experience for all.”
— Caleb Applegate, Enjin COO
Pitch to us: pitch@tokensuite.io
Investor Relations: investors@tokensuite.io