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News
Product Updates
June 2, 2021

JumpNet: Free NFT Transactions Are Here

JumpNet: Free NFT Transactions Are Here
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Our forever-free Ethereum scaling solution is now available to everyone.

Non-fungible tokens (NFTs) should be for everyone.

Businesses. Creators. Individuals.

Musicians and athletes. Game developers and product marketers. Cryptocurrency companies and titans of tech. NFTs should be for artists, writers, digital nomads, entrepreneurs, non-profits, even governments.

NFTs should be for your partner, your mom, dad, sister, brother, and your neighbor. For that random person on the street, and the anonymous stranger commenting on Reddit.

NFTs should be for you.

Today, we are taking a major step toward democratized NFTs—accessible, affordable, and usable by all individuals and organizations, anywhere, anytime.

We are removing the shackles of gas fees that have stifled your ideas, business endeavors, creativity, and innovation for too long.

JumpNet is now live to the public—so you can mint, send, and trade NFTs for free.

Forever.

The world is still waiting to see what NFTs can really do. More than just unique serial numbers that represent images, music, and video files, NFTs should provide tangible benefits, meaningful experiences, and growing value. They should have utility.

The Enjin community has been experimenting with this next generation of NFTs for years. Today, JumpNet is providing the tech needed to bring the future you have already built, to the rest of the world.

Using the JumpNet MVP

Thanks to JumpNet, you can now create the user experience the mainstream market demands.

On launch, JumpNet comes packed with the following cutting-edge features:

  • Use your Enjin Wallet to move Enjin Coin (ENJ) between Ethereum and JumpNet
  • Use your Enjin Wallet to send and receive ENJ and ERC-1155 tokens for free
  • Use the Enjin Platform to mint ERC-1155 tokens, no gas required
  • Use the Enjin Marketplace to trade ERC-1155 tokens without gas fees
  • Use our API to automatically distribute ERC-1155 tokens from your app or game
  • Use Enjin Beam to distribute ERC-1155 tokens via QR codes for free*  

Moving your assets to JumpNet will make sense when you want to save on gas fees on minting, trading, sending receiving, and distributing NFTs.

Future releases will enable you to move your existing ERC-1155 tokens onto JumpNet. And in case you want to access the wider Ethereum ecosystem, you'll be able to move your NFTs back to Ethereum with a single click.

You will finally have the best of both worlds: great UX combined with unbounded liquidity.

More information and JumpNet FAQs can be found on our Help Center.

*Beam is currently in private access. If you're interested in using Beam to distribute NFTs to your audience, please get in touch.

JumpNet: Now Carbon-Negative
Take advantage of NFTs, without the worry or fees or environmental impact.
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Fueled by EFI

In order to offer free transactions, JumpNet imposes a series of limits against each address on the network.

To infuse EFI with additional utility and improve the JumpNet user experience, we're making it possible to increase the number of transactions you’re able to perform by simply holding EFI.

In the future, you'll be able to migrate your EFI over to JumpNet via the Enjin Wallet DApp Browser, and enjoy the benefits of increased transaction limits on the network. For every 100 "JEFI" that you hold on JumpNet, your limits will be doubled.

Information on how to acquire EFI will be released in the coming months, so stay tuned.

Read more about JumpNet limits on our Help Center.

Empowering the NFT Creator Economy

There are millions of creators out there who want to connect with their fans through NFTs.

With free transactions and consuming 99.99% less energy than Ethereum, JumpNet will help transform online interactions for the better.

Imagine this: Minting NFTs that your fans can truly own, utilize in a myriad of ways, and cherish relentlessly. By the same token (see what we did there?), you don’t want your NFTs to lose value after they're sold. Instead, you can provide value that grows.

JumpNet gives you the power to create exactly what you need to succeed.

As a creator, you previously couldn't list an NFT for $10, since you'd pay $100 in gas to mint it.

Today, that changes.

Affordable transactions make it possible to mint affordable NFTs.

NFTs for everyone.

JumpNet: Free NFT Transactions Are Here
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Create and send tokens on JumpNet—fast and fee-free.
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