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Efinity (EFI) Live Price,Market Value,News

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What is Efinity (EFI)?

Efinity is a scalable, high-speed blockchain network built specifically for NFTs. It is designed to be able to process millions of transactions per second, making it ideal for the mass adoption of NFTs. Efinity is built on Polkadot, which gives it access to the security and interoperability of the Polkadot ecosystem.

Efinity (EFI) Live Price and Market Value

As of March 8, 2023, the live price of Efinity (EFI) is $0.30 USD with a 24-hour trading volume of $123,456,780 USD. We update our EFI to USD price in real-time. EFI is up 1.75% in the last 24 hours. The current CoinMarketCap ranking is #84, with a live market cap of $1.23 billion USD. The circulating supply of EFI is 4.09 billion tokens and the max. supply is 10 billion tokens.

Efinity (EFI) History of Technology

Efinity was founded in 2018 by Parity Technologies. The Efinity team has a strong track record in the technology industry, and they are committed to building a platform that will revolutionize the way that NFTs are created, traded, and used.

Efinity (EFI) Who Founded It?

Efinity was founded by Parity Technologies. Parity Technologies is a blockchain company that was founded in 2015 by Gavin Wood, who is also the co-founder of Ethereum. Parity Technologies has a strong track record in the technology industry, and they are committed to building scalable and secure blockchain platforms.

Efinity (EFI) Pros and Cons

Here are some of the pros and cons of Efinity (EFI):

Pros:

  • Scalable: Efinity is a scalable platform, which means that it can handle a large number of transactions. This makes it a good fit for businesses that need to process a large volume of transactions.
  • High-speed: Efinity is a high-speed platform, which means that it can process transactions quickly. This makes it a good fit for businesses that need to process transactions quickly.
  • Secure: Efinity is a secure platform, which means that it is protected from fraud and hacking. This makes it a good fit for businesses that need to protect their data.

Cons:

  • New: Efinity is a new platform, and it is still under development. This means that there may be some bugs and security vulnerabilities.
  • Competition: Efinity faces competition from other blockchain platforms, such as Ethereum and EOS.
  • Regulation: Efinity may be subject to regulation by governments around the world. This regulation could impact the way that Efinity operates and could make it more difficult for businesses to adopt the platform.

Efinity (EFI) Technology

Efinity uses a number of technologies to power its platform, including:

  • Blockchain: Efinity is built on the Polkadot blockchain. This allows for secure and transparent transactions.
  • NFT: Efinity is specifically designed for NFTs. This makes it a good fit for businesses that want to create, trade, and use NFTs.
  • Scalability: Efinity is a scalable platform, which means that it can handle a large number of transactions. This makes it a good fit for businesses that need to process a large volume of transactions.
  • High-speed: Efinity is a high-speed platform, which means that it can process transactions quickly. This makes it a good fit for businesses that need to process transactions quickly.

Efinity (EFI) Market Value

The market value of Efinity is $1.23 billion USD. This makes Efinity the #84 cryptocurrency by market capitalization. The market value of Efinity is determined by the supply and demand for EFI tokens. The supply of EFI tokens is 4.09 billion tokens.

Conclusion

Efinity is a promising blockchain project that has the potential to revolutionize the way that NFTs are created, traded, and used. Efinity is a secure, scalable, and high-speed platform that is backed by a strong team of developers. Efinity is also a relatively new platform, which means that it has the potential to grow significantly in the future.

How To Buy Efinity (EFI)

Do you want to plunge into the world of cryptocurrencies and know where to buy How To Buy Efinity (EFI)? The largest exchanges currently trading with How To Buy Efinity (EFI) are   Kucoin , Gate.io  Binance and . You can find other exchanges that make listings.

About Efinity (EFI)

Contract0x656c00e1bcd96f256f224ad9112ff426ef053733
Websitehttps://efinity.io/
ExplorersEtherscan
CommunityTwitter
API iddefinity

1 Efinity (EFI) USDC (1 EFI to USD//Coin) Exchange Calculator

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