The Enjin Wallet now supports sending up to 100 different NFTs and FTs in a single transaction allowing users to batch send digital goods and save up to 90% from GAS fees. The current update also supports bulk melting and the ability to send transactions to Ethereum Name Service (ENS) domains, which wasn’t possible until today.
It’s no secret that sending tokens is a time-consuming and frustrating process. We have done many giveaways, and delivering the goods is the worst part ever, especially when you have to send 50/100+ NFTs, not to mention the insane GAS fees we are called to pay. Now, with the batch transfer functionality embedded in the ERC-1155 smart contract, the distribution process becomes a piece of cake, and everyone can use it to save valuable time and cut down the cost.
Batch send was possible before for the developers who use Enjin’s blockchain game development platform. Obviously, they were the ones who needed this the most, but not everyone had access to it. Alongside this great addition, Enjin has also enabled multi-token melting, which allows users to melt up to 100,000 ERC-1155 tokens with one click! The melting process extracts the base value (ENJ) of each NFT and destroys the token. There are somewhere around 50 Million ERC-1155 tokens in existence backed by 12.5 Million ENJ.
The latest Enjin Wallet update also includes transaction approval using the phone’s fingerprint scanner and facial recognition. These features make it easier for users to list assets on the EnjinX marketplace, the leading source for ERC-1155 trading, which is also used by Binance for its branded NFTs collectibles and Microsoft.
Enjin is a leading force in the NFT field with a series of development tools that allow games, businesses, and individuals to harness next-generation ownership power. The Gaming Multiverse is probably the most well know initiative in the blockchain gaming space with triple-A titles under development that share the same items, character progression, and quests.
More than 2,500 projects are already created on the Testnet of Enjin’s platform, and in February of 2020, the platform went live on Ethereum Network.
In October 2019, Enjin received an investment from Blockchain.com Ventures.
The Unity SDK by Enjin allows developers to integrate blockchain assets into their games, including a decentralized economy hassle-free. There is also a Java SDK along with EnjinCraft, the world’s first blockchain-powered Minecraft server.
George has a native interest in emerging technologies and he’s a strong advocate of decentralization. He is the founder and manager of egamers.io as well as an IT student.