## What Is CEEK VR (CEEK)?

CEEK VR (CEEK) is a [metaverse](https://coinmarketcap.com/alexandria/glossary/metaverse) platform that connects creators with their fans in virtual worlds, allowing artists to gain attention, reach audiences around the world. CEEK is an AI based platform for virtual landowners and ceek users (ceekers) to build worlds.

Artists get new sources of income, and advertisers get the opportunity to identify user traffic and establish financial transparency by using CEEK VR. Access to the CEEK VR metaverse can be obtained on the official website, as well as via VR headsets: Oculus, HTC Vive and CEEK mobile VR headset.

The manufacturer of virtual reality headsets CEEK VR and headphones CEEK 4D is positioned by the team as "an award-winning developer of premium social virtual and augmented reality experiences." CEEK VR designs are proprietary and can be purchased through major retailers like Best Buy and Target.

The company's mission is to create a clear and easy-to-use decentralized VR entertainment metaverse, where music artists, athletes and event creators acquire the necessary tools to digitally monetize creativity.

CEEK VR allows users to attend live concerts and exclusive events along with their friends, from anywhere in the world, at any convenient time. Moreover, the company suggests that users will be able to participate in the platform's virtual events.

The virtual community has been formed since 2016 and CEEK is currently partnering with Universal Music, Meta Oculus, Apple and Microsoft, T-Mobile and Baptist Health, which allows the project to accelerate audience growth and get strong recommendations. The collaboration with Universal Music gives the CEEK VR platform the rights to use live performances with world-famous artists such as Lady Gaga, Ziggy Marley, Demi Lovato, U2, Sting, Bon Jovi, etc.

## Who Are the Founders of CEEK VR?

Mary Spio is a deep space engineer and CEEK VR Founder & CEO.

Spio is a technical innovator and entrepreneur who has served in the Air Force. On top of that, she is the former head of satellite communications at Boeing Digital Cinema. Spio created technology and content solutions for Lucas Films, Universal Music, Baptist Health, Microsoft XBOX, Coca-Cola. In addition, she sits on the advisory boards for Oculus VR for Good (Facebook) and Amazon Launchpad.

Spio is a scientific reviewer for the United States Department of Defense (DOD) and author of It's Not Rocket Science: 7 Game-Changing Traits for Achieving Uncommon Success.

Nowadays, Mary Spio leads CEEK Virtual Reality, which she founded in 2015.

## What Makes CEEK VR Unique?

CEEK is a streaming service for virtual events and experiences where content and event creators can monetize their creativity by expanding their reach with CEEK VR devices: headsets, mobile devices, tablets and smart TVs.

The CEEK VR platform tokenizes tickets to events, increasing and engaging the fan base from all over the world. The generated income is stored on the blockchain and cannot be changed.

All transactions on the network are absolutely transparent and secure. On the marketplace, fans can exchange [NFTs](https://coinmarketcap.com/alexandria/glossary/non-fungible-token), and promoters can drastically reduce event costs by avoiding unpredictable situations related to weather and environmental conditions.

On the CEEK VR platform, world-class stars can connect with their audiences through virtual events, interactive events, and NFTs.

The CEEK NFT Marketplace is considered the company's flagship product and is under development, its feature set includes:

Creation and sale of digitized assets based on blockchain technology;

Collecting rare digital goods by CEEK holders;

Access to exclusive content;

Tracking dividends on digital assets using the decentralized player CEEK.

The CEEK team integrates an application that is available via various channels / partners and acts as a utility for Metaverse. CEEK introduces its users to an exciting parallel world of entertainment, learning and everyday experience.

CEEK VR provides a virtual reality experience. With CEEK VR headsets equipped with 360-degree cameras, watching live concerts and sports is taken to another level. And it's all about the camera angle, which shoots from different points of view, creating a sense of presence in the stadium / stage.

The CEEK VR Headset works without any additional hardware/software and can be installed on Android/iOS devices. Thanks to a virtual reality headset, users are plunged into an immersive environment where they can enjoy live events such as concerts, sports games, and comedy shows without loss of quality and presence.

#### Related Pages:

Read about [Audius (AUDIO)](https://coinmarketcap.com/currencies/audius/) — a decentralized music streaming protocol, powered by Solana.

Learn about crypto and music with our [article](https://coinmarketcap.com/alexandria/article/what-is-crypto-music-and-how-is-it-revolutionizing-the-music-industry).

What is Binance Smart Chain, and how does it work? Take a deep dive with [CMC Alexandria](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain).

The latest data about [Ethereum (ETH)](https://coinmarketcap.com/currencies/ethereum/).

What is the Metaverse? Find out with our crypto [glossary](https://coinmarketcap.com/alexandria/glossary/metaverse).

[The Metaverse concerts](https://coinmarketcap.com/alexandria/article/the-metaverse-concerts-where-online-games-and-music-performances-meet): where online games and music performances meet.

## How Many CEEK VR (CEEK) Coins Are There in Circulation?

$CEEK is the native token of the CEEK ecosystem that provides content creators with the ability to monetize their work and reach audiences using the CEEK VR platform.

Due to CEEK tokens, the monetization process is fast, efficient, secured by blockchain technology and in real time. Initially, CEEK was deployed on the [Ethereum](https://coinmarketcap.com/currencies/ethereum/) blockchain and had an [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) standard; however, in 2021, the team announced its migration to Binance Smart Chain ([BSC](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain)), which was chosen to reduce user costs and transaction fees. Thus, ERC-20 format tokens are converted to [BEP-20](https://coinmarketcap.com/alexandria/glossary/bep-20).

The CEEK community is made up of CEEK token holders, called CEEKERS, who have access to immersive and exclusive CEEK VR experiences. Token owners have access to the exchange of rewards within virtual reality platforms with the support of CEEK tokens.

The CEEK crypto asset has a maximum supply of 1,000,000,000 coins and is utilized in all buy/sale transactions on the CEEK VR platform. The distribution of tokens is as follows:

50% in token sale;

20% to founding members, advisors, investors;

20% to community development;

10% in reserve.

## How Is the CEEK VR Network Secured?

The CEEK VR network is regulated by [smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract). Due to smart contracts CEEKERS are able to implement flexible tokenized interactions and secure transactions in the CEEK ecosystem with CEEK tokens.

In May 2021, CEEK VR passed a cryptographic audit from CertiK. CertiK Security Leaderboard is the security-focused ranking platform that analyzes and monitors blockchain protocols and [DeFi](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance) projects. CertiK is one of the leading projects in the industry, having a secure programming language on its native blockchain and applying advanced formal verification technology in smart contracts, blockchain protocols, crypto wallets and decentralized applications ([dApps](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps)).

The company has checked the codebase of the CEEK VR project for vulnerabilities, the final report is available [here](https://www.certik.com/projects/ceek).

## Where Can You Buy CEEK VR (CEEK)?

As of April 2022, CEEK VR (CEEK) can be purchased on crypto exchange platforms, including: [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [KuCoin](https://coinmarketcap.com/exchanges/kucoin/), [Huobi Global](https://coinmarketcap.com/exchanges/huobi-global/), [MEXC](https://coinmarketcap.com/exchanges/mxc/), [LBank](https://coinmarketcap.com/exchanges/lbank/), [PancakeSwap (V2)](https://coinmarketcap.com/exchanges/pancakeswap-v2/), [Bancor Network](https://coinmarketcap.com/exchanges/bancor-network/), [Phemex](https://coinmarketcap.com/exchanges/phemex/), [ProBit Global](https://coinmarketcap.com/exchanges/probit-exchange/), [Paribu](https://coinmarketcap.com/exchanges/paribu/), [ApeSwap (BSC)](https://coinmarketcap.com/exchanges/apeswap/), [BKEX](https://coinmarketcap.com/exchanges/bkex/), [Hoo](https://coinmarketcap.com/exchanges/hoo/), [BitForex](https://coinmarketcap.com/exchanges/bitforex/), [Bitget](https://coinmarketcap.com/exchanges/bitget/), [LATOKEN](https://coinmarketcap.com/exchanges/latoken/), [Uniswap (V3)](https://coinmarketcap.com/exchanges/uniswap-v3/), [Hotbit](https://coinmarketcap.com/exchanges/hotbit/), and [STEX](https://coinmarketcap.com/exchanges/stex/).

Download the CMC [mobile app](https://coinmarketcap.com/mobile/) to track prices of CEEK in real-time.

Check out our [guide](https://coinmarketcap.com/alexandria/article/what-is-a-non-fungible-token-nft) to non-fungible tokens (NFTs).

How to use the metaverse right now? [Click here](https://coinmarketcap.com/alexandria/article/how-to-use-the-metaverse-right-now) and find out.


CEEK VR

Trust Wallet

MetaMask

Binance Chain Wallet

Ceek Metaverse, used by superstars like Lady Gaga and Bon Jovi, empowers creators to own, build, and monetize in virtual worlds using the CEEK utility token.

Ethereum

Shiba Inu

Chainlink

Uniswap

UNUS SED LEO

Opulous

DeFiChain

Locus Chain

Quickswap [New]

Super Trump

Agoras: Currency of Tau

Circuits of Value

Morpheus.Network

QuickSwap [Old]

Botto

zkLend

Berry

Neva

QANplatform

SatoshiVM

RACA

Bloktopia is a decentralized metaverse backed by and built on Polygon. In Bloktopia, a decentralized virtual reality skyscraper made up of 21 levels (as recognition to 21 million Bitcoin) acts as a central hub for users to have access to crypto information and immersive content in one place. The so-called Bloktopias can educate themselves in the basics or more advanced crypto learnings, earn revenue by owning virtual real estate, play games, build networks and more. Moreover, advertisers and sponsors can monetize the platform’s userbase through a dedicated NFT mechanism. By providing a VR experience for the crypto community, users can engage in an immersive environment according to Bloktopia’s four core pillars: learn, earn, play and create.

Bloktopia

Alien Worlds (TLM) is a decentralized, non-fungible token (NFT) metaverse, where players compete for scarce resources, Trilium (TLM), in a stimulated economy centered around planetary worlds. Due to this, Alien Worlds also has a decentralized finance (DeFi) element to the game, as players advance by staking TLM and using TLM to vote in Planet Decentralized Autonomous Organizations (DAOs).

Play-to-earn (P2E) NFT games have seen an exponential rise in popularity and value this year. Alien Worlds allow the players, called “explorers” to earn monetary rewards through gameplay or participation in Planet DAOs. By mining in Alien Worlds, a user is rewarded with the native, in-game currency — Trilium (TLM) or NFT packs. Players can stake TLM to boost their rewards or battle with other users for NFTs.

To date, Alien Worlds has established a fair amount of its roadmap, having TLM on Binance launchpad and farming period of TLM on Binance Launchpool. A large portion of game developments have been forged as well. Moving forward, Alien Worlds aims to automate the claiming process of daily allocation to landowners in the game. Artifacts NFTs are soon to be released, and future plans include NFT interoperability.

Alien Worlds

Kadena is a proof-of-work blockchain that combines the PoW consensus mechanism from Bitcoin with directed acyclic graph (DAG) principles to offer a scalable version of Bitcoin. Kadena claims it can provide the security of Bitcoin while being able to offer unparalleled throughput that makes the blockchain usable to enterprises and entrepreneurs alike. Kadena's unique infrastructure is decentralized and built for mass adoption because of its multi-chain approach.

Kadena promises industrial scalability that can support global financial systems and can be scaled as necessary. It also vows to remain energy-efficient at scale and deliver more transactions with the same energy input, another difference to Bitcoin. Moreover, Kadena offers crypto gas stations, which allow businesses to pay for their customers' gas fees and remove a massive pain point in adopting blockchains for business.

Kadena has already scaled its network from 10 to 20 blockchains and can do so again in the future, if necessary. This final addition to Kadena was its private Kuro layer-two blockchain, which supports up to 8,000 transactions per second across 500 nodes.

Kadena

Wilder World

Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.

Powered by a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technologies, Verasity is building the most powerful advertising ecosystem in the world through VeraViews; developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay; and enhancing the attention economy through its patented Rewarded Video module.

Verasity

Launched on mainnet on March 30, 2021, Casper is the first live proof-of-stake (PoS) blockchain built off the Casper CBC specification. The Casper platform is designed to boost the adoption of blockchain technology, smart contracts, and DApps on a global scale.

With its future-proof architecture, Casper is designed to ensure the platform is continually developed according to the evolving needs of its users, and that it’s maximally accessible to developers of all backgrounds. As per the official whitepaper, Casper is optimized to suit both enterprise and developer needs. Casper’s mission is to usher in a new era for Web3, as demand for intuitive, interconnected services continues to grow across the board. Casper does so by solving the adoption trilemma: offering enterprise-grade security, scalability and decentralization all within the same blockchain protocol.

Casper

RFOX

My Neighbor Alice is a farming-themed play-to-earn builder game built on Chromia. The game bills itself as a place where “players can buy and own virtual islands, collect and build exciting items while also making new friends.” Each player has their own avatar representing them in the game, which they can modify as they please. Players can buy virtual real estate from Alice, the game’s eponymous central figure, or the internal marketplace. All purchased land is represented as an NFT.

My Neighbor Alice aims to introduce blockchain to millions of players and targets a diverse gaming community within the traditional gaming market. Although the game is blockchain-based and integrates DeFi features, it does not require prior knowledge of cryptocurrency and blockchain. My Neighbor Alice takes inspiration from several popular sources. For instance, daily in-game tasks and social aspects are inspired by Animal Crossing, whereas Minecraft serves as a role model for building mechanics. The artwork was inspired by the Swedish children’s book Pettson and Findus.

MyNeighborAlice

Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.

Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.

Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs).
Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:

Infuses them with a reserve value

Ensures their transparency and scarcity

Gives them instant liquidity

Provides utility in games and apps

Anti-inflationary

Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.

The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.

Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.

In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.

Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.

Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.

Enjin Coin

Reef is a Reliable Extensible Efficient Fast Layer-1 Blockchain for DeFi, NFT & Gaming. Built using Substrate Framework, it provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase.

Reef Chain is the most advanced EVM-compatible blockchain. It's self-upgradable and has on-chain governance. Its infrastructure also allows for EVM extensions which allows for native token bridge, scheduled calls (ie. recurring payments), and smart contract in-place code upgrades. In the near future, it will support additional VMs which will allow developers to write code in multiple programming languages. The network runs on a Nominated Proof-of-Stake (NPoS) consensus mechanism, which offers scalability and low fees.

REEF is the native token that is used for:

Fees for processing transactions and storing data.

Running validator nodes by staking REEF tokens.

Nominating which validator nodes should be part of the network.

Reef is backed by multiple leading funds and venture capitalists including NGC, QCP, Bitcoin.com, Kenetic Capital, LD Capital, TRG Capital, Krypital Group, Genesis Block, Woodstock Fund and others.

Reef Chain development tools include:

Remix and EVM integrated development environments for uploading and deploying smart contracts.

Reefscan blockchain explorer to assist with deploying validators, bonding and nominating validators, debugging contracts, and understanding network performance.

Reef command line tools that allow developers deploy applications from local environments.

Reef wallet for accessing and interacting with the blockchain

Reef

Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.

According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.

The Sandbox

Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.

In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.

Decentraland was launched following a $24 million initial coin offering (ICO) that was conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes and a variety of other interactive experiences.

Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace.

Decentraland (MANA) is a decentralized virtual world platform with software based on the Ethereum blockchain, where users create, test and monetize content. In short: users buy virtual plots of land as NFTs with MANA tokens on the Decentraland platform. Progress in the game depends only on players themselves, their efforts and their imagination.

The digital platform is completely owned by its users. Within the Decentraland metaverse, participants can explore the virtual world, purchase plots of land that can be monetized, create works of art, own non-fungible tokens (NFTs), and take part in a decentralized autonomous organization of the platform Decentraland DAO. Due to the DAO, the community influences the development vector of the project.

In addition, users have access to interactive applications, in-world payments and peer-to-peer communication. The 3D world resonates with many participants as Decentraland has many applications, both entertainment for gamers and business for investors.

Two types of tokens called MANA and LAND govern operations in Decentraland. They also allow users to interact with the platform.

MANA is the official currency of Decentraland. It’s an ERC-20 standard token that powers the Decentraland platform. With MANA, users can purchase plots of LAND, as well as pay for in-game items and services.

MANA gives its holders the right to vote in Decentraland DAO. MANA can be purchased on a cryptocurrency exchange or by selling collectibles on Decentraland Marketplace. The owner of tokens converts them to wrapped MANA, or wMANA, and then commits them to the DAO. One wMANA equals one vote. MANA can be exchanged for fiat currency and other digital assets.

As for LAND, it’s a non-fungible token (NFT) based on Ethereum (ETH). It is used to track ownership of land parcels aka digital real estate. Like MANA, LAND is part of the protocol and confers voting rights, but LAND does not need to be fixed in the DAO. One LAND is equal to two thousand votes.

Players choose what to do with their land. Owners store tokens in crypto wallets and buy necessities with MANA tokens on the Decentraland Marketplace. Moreover, on the marketplace, participants can manage or exchange LAND tokens (priced in MANA). Holders use the marketplace to transact or transfer in-game items. All transactions are conducted, regulated and registered via the Ethereum blockchain.

Decentraland combines an online gaming space and blockchain technology. All control over the rules is given to the players, and token holders vote on in-game and organizational policies. The original goal was to form a decentralized virtual reality, but in practice, Decentraland has turned into a massive NFT market.

A special role in Decentraland is assigned to NFTs, such as collectibles, virtual equipment and real estate (LAND). However, for new players who want to join the universe and seize NFTs, the entry barrier will be high.

The Decentraland protocol is built on three levels using Ethereum smart contracts. On the consensus layer, the ownership of LAND is tracked and managed. The land content layer displays the content of the Decentraland virtual world. Finally, on the real-time layer, participants interact with each other.

The platform was co-founded by two blockchain experts, Ari Meilich and Esteban Ordano, in 2015. Officially it was launched a year later and became available only in February 2020, gradually turning from a 2D experiment into a full-fledged 3D world.

To sum up, Decentraland is a decentralized game and a 3D virtual reality platform where players own lands and create limitlessly. Decentralized Autonomous Organization (DAO) software is at the core, and governance is in the hands of the community. Through the native token MANA, players participate in any proposals for managing and improving the ecosystem, the auction system, and the in-game policy.

Decentraland

Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world’s lightest blockchain since its size is designed to remain constant despite growth in usage. Furthermore, it remains balanced in terms of security and decentralization. The project was rebranded from Coda Protocol to Mina in October 2020.

To learn more about this project, check out our deep dive of Mina Protocol.

The Mina network has a size of only 22 KB, which is miniscule when compared to Bitcoin’s 300 GB blockchain.

Mina

WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS.

The custom features and the incentive mechanisms developed by WAX are intended to optimize the blockchain’s utility specifically for use in e-commerce, with the goal of encouraging voting on proposals.

To make this possible, WAX created a suite of blockchain-based tools which decentralized application (DApp) marketplaces and non-fungible tokens can be built upon.

Services such as WAX Cloud Wallet, SSO and OAUTH support e-commerce operations, the latter being a native RNG service and a developer portal. WAX’s blockchain architecture supports 500-millisecond block time and zero-fee transactions for customers. It also makes use of voting rewards to incentivize participation in the selection of block producers and improvement proposals.

MBOX is the native utility token that is used for:

MOBOX

Ultra is a publishing platform and ecosystem for video games and video game content. Ultra’s mission is to do away with the current monopoly held by publishing platforms like Steam and provide new opportunities to game developers, players, and influencers. Ultra promises a solution that is more equitable to players and developers alike. Players can benefit from immediately playable games, earn UOS by using the platform, and access platform-exclusive games. At the same time, developers benefit from access to more effective marketing tools and the potential for 20% higher sales revenue.

Besides content and game publishing, Ultra offers a demand-side and service-side platform for advertisers, the opportunity for players to resell their used games, and a platform-exclusive app.

Ultra

Oasis is the pioneering layer 1 blockchain designed to enable scalability and confidential compute. Oasis is home to Sapphire, the first confidential EVM that empowers Web3 and Decentralized AI developers to build dApps with Smart Privacy natively on Oasis or other EVM-based chains.

ROSE is the native token of the Oasis Network used for gas fees, staking, delegation and governance. With a unique layered architecture, Oasis presents the optimal building and execution environment for DeFi, AI, GameFi, NFTs, the metaverse, data tokenization and DAO governance. Oasis also has native support for rollups at the consensus layer.

Oasis

Celer is a blockchain interoperability
protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains. Developers can build inter-chain-native Dapps using the Celer Inter-chain Messaging Framework to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.

Celer Network

Efinity is a cross-chain NFT platform developed by Enjin and built on Polkadot. Efinity was created as the next generation blockchain for digital assets with the aim of adapting to the challenges of the world of non-fungible tokens (NFTs), according to the project.

The main specialization of the Efinity project is the NFT space. With the protocol, traders and gamers can create, distribute, transfer, sell and buy NFTs. Efinity aims to remove barriers to entry into the NFT space/decentralized gaming, and to simplify user experience and digital asset governance.

Efinity Token powers the entire Efinity ecosystem, EFI aims to prioritize the generation, transfer and purchase of tokens using an inter-chain infrastructure of protocols resulting in lower transaction fees. As for incentives, rewards on PoW blockchains with NFT functionality go to miners who create/trade tokens, thereby forming a community.

One of the long-term goals of Efinity is to become a hub for both fungible and non-fungible tokens, accepting tokens from any other chain, facilitating the pricing and exchange of NFTs, increasing transaction volume, and creating network effects.

In December 2021, the project won the Polkadot parachain auction, and in March 2022, Enjin launched their flagship parachain Efinity on the Polkadot Relay Chain — a blockchain platform that provides a decentralized parachain network where people havecontrol over their data and identity.