Dvision Network integrates with Enjin
Dvision Network is thrilled to announce its integration with one of the industry leaders — Enjin. Dvision, originally built on Ethereum Network and further bridged to Binance Smart Chain, has joined the Enjin ecosystem in order to connect the Dvision World across Five Different Blockchains. Expanding into a multichain platform, Dvision Network aim to become the first Metaverse to run on five blockchains, with plans to integrate Ethereum, Binance Smart Chain, Efinity, Polkadot, and Enjin’s carbon-negative JumpNet network.
About Enjin
Enjin, the leading non-fungible ecosystem provider and creator of the ERC-1155 token standard, makes it simple for anyone to develop, trade, monetize, incentivize and market with blockchain. Since 2009, Enjin has been a major player in the digital space, transitioning into one of the leading projects in the blockchain ecosystem development and the most dominant in the NFT sector. Since 2018, Enjin’s Platform and its ERC-1155 token standard have been utilized by countless amounts of blockchain-based gaming, metaverse, and art projects that are concentrated in the NFT category.
Dvision & Enjin Collaboration
Dvision Network is planning to utilize Enjin’s platform and API to mint non-fungible tokens (NFTs) for avatars, real estate, and decor, and integrate them into its Dvision World characters and unique items. In the future, this will allow its users to design unique avatar NFTs through its character creator tool, then mint them on the preferred blockchain. Users will then be able to use Enjin’s network of bridges to move their NFTs seamlessly across the different blockchains.
By establishing strategic and technical cooperation with Enjin, not only we will be now connected to 5 different blockchains, but by operating on the Enjin blockchain platform, Dvision will enable the creation of carbon-negative and NFTs, thereby reducing significantly energy consumption through a new consensus mechanism deployed in the JumpNet, which is based on Proof of Authority (PoA).
As you might know, The PoA consensus mechanism refers to a solely permissioned state where only authorized parties can participate as nodes on a private blockchain, which reduces power consumption by as much as 99.98%, when compared with other networks such as Ethereum or Bitcoin-based on PoW concept.
Apart from the JumpNet, Dvision will be operating on Efinity, Enjin’s dedicated NFT blockchain, which is built on Polkadot. Efinity is a para-chain built on top of the Polkadot Ecosystem, it provides a viable exposure to the Polkadot Mainnet.
“We fully recognize the necessity for further facilitation of the usability of the NFTs. Provided, the picture that we have seen previously on the Ethereum-based NFTs, where the creation and the possession of the items came at a huge cost for simple game players, who had to pay huge amounts of money for simple in-game items. With the help of the Enjin, we will allow users to create NFTs for free, and let the market decide its price, but not the burdensome gas fees”
— Jung Hyun Eom (CEO of Dvision Network)
About Dvision Network
Dvision Network is an ultimate blockchain-based NFT metaverse platform. Dvision Network establishes a cutting-edge metaverse ecosystem, by utilizing its own VR technology, that helps to lower the entry barriers for all types of users across the globe. Therefore, it allows designers, enterprises and general users to dive into the most advanced metaverse experience.
📰 INFO