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Enjin’s Efinity Won Polkadot’s Sixth Parachain With $214M Raised

Enjin is wrapping up 2021 in enormous style as its scalable, decentralized, and indecent-chain NFT infrastructure, Efinity, emerged as the winner of Polkadot’s closing parachain public sale for the year.

With 7.7M $DOT contributed by over 20,000 community contributors, @efinityio has gained the Sixth @Polkadot parachain public sale! 🎉

Thanks to all americans who has supported us in our endeavor to divulge #NFTs to Polkadot.

To Efinity and past! pic.twitter.com/n2ffJEr53C

— Enjin | We’re Hiring! (@enjin) December 30, 2021

Over $214 Million Raised

Efinity gained the sixth parachain slot after elevating almost 7.7 million DOTs worth over $214 million from bigger than 8,600 stakeholders who locked their funds in favor.

Congratulating the finishing up for the use, Polkadot renowned that Efinity will dart are dwelling on March 11, 2022, on the starting of lease seven, alongside the winners of the next 5 auctions that shall be held sooner than the onboarding.

Congratulations to @efinityio on a hit Polkadot’s sixth public sale!

Enfinity shall be onboarded at block #9,388,800 [roughly March 11,2022] on the starting of lease 7 with the alternative winners from auctions 6-11. Over 8.6K community stakeholders locked up DOT in favor! pic.twitter.com/vTKqR3XyhX

— Polkadot (@Polkadot) December 30, 2021

Constructing the Subsequent-Generation NFT Market

Efinity is a finishing up developed by blockchain gaming firm Enjin as a indecent-chain NFT infrastructure that creates ecosystem interoperability and incentives for customers that hold with NFTs.

With nearly your total old winners of Polkadot’s parachain slots DeFi-linked, Efinity believes that “the interconnected blockchains – and indeed the world – wants an as much as this point community for sharing digital property.”

The indecent-chain community describes itself as “the next-skills NFT marketplace.” It targets to leverage Polkadot’s ecosystem to offer a decentralized metaverse that will enable customers to alternate and switch non-fungible tokens right thru blockchains.

Polkadot’s Parachain Slot Winners

Polkadot began its parachain slot public sale on November 11, 2021, after years of planning. Parachains are an integral ingredient of the Polkadot enhance, and they represent custom and finishing up-reveal blockchains integrated at some point soon of the community.

Since the public sale commenced, Polkadot has performed six auctions, with the winners being Acala, Moonbeam, Astar, Parallel Finance, Clover Finance, and most honest as of late, Efinity.

With an estimated 100 parachain slots readily available on Polkadot, winners shall be ready to connect with the community by leasing a slot on the Relay Chain for as much as 96 weeks with an probability to review.

Meanwhile, Polkadot’s seventh parachain public sale is scheduled for January 7, 2022.

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