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What is PolyNetwork?

Poly Network is engineered to promote interoperability between various blockchain systems, with the goal of establishing foundational infrastructure for the future internet. It facilitates connections between both analogous and distinct public blockchains through a transparent and equitable admission process, thereby allowing seamless communication across different networks. To date, Poly Network has successfully brought together a variety of major blockchains, such as Bitcoin, Ethereum, Neo, Ontology, Elrond, Ziliqa, Binance Smart Chain, Switcheo, and Huobi ECO Chain. The platform actively invites more institutions and organizations to participate in this joint initiative aimed at progressing internet technology. Notably, the underlying technology requires minimal alterations; simply implementing two smart contracts is sufficient to enable cross-chain functionalities for blockchains that support smart contracts. For those that do not possess smart contract capabilities, the addition of two specific modules can also achieve interoperability. Through these methods, Poly Network seeks to broaden its ecosystem while fostering deeper collaboration among blockchain networks. By integrating more blockchains, the platform envisions a more interconnected and efficient blockchain landscape.

What is Efinity?

Efinity embodies the next generation of blockchain innovation specifically for NFTs, providing a scalable, decentralized, and cross-chain infrastructure that seeks to broaden the accessibility of non-fungible tokens. Created by Enjin, this groundbreaking blockchain leverages the Polkadot framework to address the urgent requirements of businesses and developers who are in search of a modern, intuitive platform for NFT transactions. Although Ethereum has emerged alongside various initiatives to build supportive tokenization infrastructure, the appetite for a more effective solution remains strong. At present, creators are burdened with high fees, inflexible smart contracts, and a lack of seamless interoperability, which ultimately hampers creativity and advancement within the sector. As a consequence, NFT adoption is primarily limited to passionate crypto enthusiasts, while casual users encounter minimal motivation to interact with these digital assets. Furthermore, the architecture of current blockchains often means that actual users derive little to no practical benefits from their involvement, as the rewards are predominantly allocated to miners. This reality underscores the necessity for a transformative approach that is vital for cultivating a dynamic and engaging NFT ecosystem. The evolution of such a platform could ultimately empower a wider audience to participate in and benefit from the exciting world of digital assets.

Media

Media

Integrations Supported

BSCPad
Bitcoin
Bitgert
Delta Exchange
HTX
MDEX
MultiversX
Neo
OKX
OMOSwap
ONTO
OpenOcean
PolyBridge
Polygon
Prophecy
WalletConnect

Integrations Supported

Asset Vantage
Dwellir
Microsoft 365
Microsoft Azure

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

PolyNetwork

Company Website

poly.network/

Company Facts

Organization Name

Efinity

Date Founded

2009

Company Location

Singapore

Company Website

efinity.io

Categories and Features

Blockchain

Not specified

Categories and Features

Blockchain

Not specified

NFT

Not specified

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