We are just hours away from the launch of JUMPNET, one of ENJIN's most ambitious and anticipated projects.
Enjin, the blockchain-based video game platform, has announced the launch of a high-speed bridging network so that creators can distribute NFTs en masse and at no cost.
It is not a secret for anyone the high GAS fees that must be paid to mint an NFT to the blockchain.
For this problem that has motivated some DeFi projects to migrate to other cryptocurrencies, Enjin has proposed a network called JumpNet, which will be launched tomorrow.
Enjin's official website reads verbatim: "Enjin is evolving towards a multi-chain ecosystem for NFTs", "Free Ethereum Scaling Forever" and "Instant, secure and gas-free transactions on Enjin Coin and ERC-1155 tokens".
Starting tomorrow, JumpNet will allow a wide range of actions to be completed with zero gas or transaction fees. Thus, users will be able to send and receive Enjin Coin (ENJ) and ERC-1155 tokens through Enjin Wallet.
It is important to remember that the ENJ token was approved last January by the Japan Crypto and Virtual Asset Exchange Association (JVCEA). The go-ahead from the Japanese regulator made ENJ the first authorized gaming token for use in Japan.
The solutions provided, Enjin says, will allow developers to reach mainstream users without having to worry about Ethereum gas fees.
Enjin has also announced an expanded scope for the upcoming Efinity Network, a multi-chain decentralized highway that will support fungible and non-fungible tokens from any other chain. Efinity is designed to be an open platform and can be used by any wallet, marketplace or exchange to adopt all blockchains.
