- #1534
Efinity Token EFI
EFI Price
Market Cap
$4.50 MRank #1534FDV
$103.46 MRank #643Investors
Twitter Followers
Twitter Performance
1340Rank by Twitter #499- 0
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- 1000
- 4000
Detailed Performance
EFI shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
EFI to USD Converter
Price History
- All-Time High
- $3.1560.89x to ATH
- All-Time Low
- $0.018652.77x to ATL
- Trade Launch Date
- 4 Aug, 2021
996 days ago
Fundraising
See more- ICO Price
- $0.20
- Funds Raised
- $38.90 M
- Tokens Sold
- 400.00 M EFI
Exchanges
Exchanges type
About EFI
Efinity Token (EFI) is a cryptocurrency token associated with the Efinity blockchain network. It serves as the native token of the Efinity ecosystem, which is designed to support the seamless exchange and trading of non-fungible tokens (NFTs). EFI tokens will be generated through staking Enjin (ENJ) tokens and will play a vital role in powering the Efinity network, facilitating transactions, and incentivizing participants. The launch of Efinity is expected to bring new opportunities and functionalities to the NFT space.
What makes Efinity Token unique?
Efinity Token (EFI) is unique compared to other cryptocurrencies for several reasons:
1. Architecture: EFI serves as the architecture for the games and NFTs running on the Efinity platform. It provides a decentralized infrastructure for the decentralized Metaverse, making it distinct in its purpose and use case.
2. Ecosystem: Efinity aims to create an ecosystem where NFTs can be minted, traded, and utilized efficiently. It aims to solve scalability issues and high transaction fees associated with other blockchain networks, making it more practical for mass adoption.
3. Backing: EFI is generated through staking Enjin (ENJ) tokens. This process incentivizes users to hold and stake ENJ, creating a tokenomic model that supports the Efinity network and its functionalities.
4. Elimination of Dependency: Once Efinity launches, NFTs on the platform will no longer require ENJ for backing. This means that the use case of ENJ might be limited, while EFI becomes the primary token for transactions and interactions within the Efinity ecosystem.
Overall, Efinity Token stands out by providing a dedicated architecture for NFTs and games, addressing scalability issues, and offering a unique tokenomic model that supports the platform's growth.
Live Efinity Token Price Data
The current price of Efinity Token (EFI) is approximately $0.05173, reflecting a decrease of -2.34% in the last 24 hours. The EFI trading volume in the last 24 hours stands at $194.10. Efinity Token's market cap is currently $4.50 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of EFI is 86.92 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Efinity Token's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on EFI, check out our crypto insights page.
Official Links
EFI to USD Converter
Price History
- All-Time High
- $3.1560.89x to ATH
- All-Time Low
- $0.018652.77x to ATL
- Trade Launch Date
- 4 Aug, 2021
996 days ago
Fundraising
See more- ICO Price
- $0.20
- Funds Raised
- $38.90 M
- Tokens Sold
- 400.00 M EFI