Someone Just Minted a Doge-Themed Crypto Token Worth $129,000
‘It’s good to be the King’ ERC-1155: Enjix
The token’s name appears as though it may be aimed in jest at the now-second-most valuable ERC-1155, The Monolith, which is backed by 1,155,777 ENJ — just 0.1 less ENJ (nearly $0.02) than the Doge-themed NFT. ERC-1155 seeks to improve the efficiency of NFTs
Enjin’s ERC-1155 token standard was built to address limitations the company identified as inherent to the ERC-721 protocol.
NFTs target the gaming industry
The Monolith is a fungible token that can be used on Enjin’s Multiverse platform. On March 5, Dapper Labs, the developers behind the blockchain-powered game CryptoKitties, launched Flow Playground — an interface that lets developers experiment with creating NFTs and smart contract’s Dapper Labs’ Flow blockchain.
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$ 0.4926
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