Non-fungible token (NFT) platform Enjin completed the migration process of over 200 million NFTs from Ethereum to its proprietary blockchain.
The official announcement, made on X (formerly Twitter) on December 11, revealed that all tokens created on Enjin’s platform in the past 6 years on both the Ethereum blockchain and the Ethereum sidechain JumpNet have now consolidated onto the Enjin Blockchain.
Holders are now able to initiate the claim process directly from their wallets, unlocking a range of benefits such as minimal transaction fees set at $0.005 and the enforcement of royalties.
The decision to launch Enjin’s blockchain was announced in September, marking a strategic move away from Ethereum after six years of active development. The motivation behind this shift is rooted in Enjin’s vision to establish its own ecosystem, now powered by its native token — Enjin Coin (ENJ) — and blockchain infrastructure.
Established in 2017, Enjin has been a pioneering force in the Web3 landscape, with its technology finding applications in blockchain games, apps, enterprise initiatives, and creative marketing campaigns. Noteworthy collaborations include industry giants like Binance, Microsoft, and Samsung.