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Enjin

Enjin

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ethereumharmonyGaming SolutionsInfraEntertainment
ENJ Token Price
$0.0392
4.72% 24h
$77.0M mcap

About

Enjin Enjin is a leading blockchain ecosystem dedicated to revolutionizing the gaming industry by integrating blockchain technology into games, applications, and businesses. Founded in 2009 by Maxim Blagov and Witek Radomski, Enjin began as a community gaming platform of 20 million gamers. Pivoting to blockchain in 2017 and kickstarting the NFT movement, Enjin pioneered the advanced ERC-1155 token standard on Ethereum. Building upon this foundation, Enjin launched the Enjin Platform, the world's first NFT integration platform, allowing developers to seamlessly incorporate blockchain assets into their applications in less than 24 hours. Enjin has since evolved into a comprehensive suite of blockchain products, with the Enjin Blockchain platform now powering billions of digital assets. The Enjin Ecosystem Enjin is a feature-rich ecosystem that covers a wide range of blockchain software products. Enjin’s tools enable developers, businesses, and individuals to create, manage, trade, distribute, and integrate NFTs with ease. Enjin's technology is used to power digital assets by millions of users world-wide. Enjin Blockchain: A Substrate-based Proof-of-Stake (PoS) blockchain custom-built for Non-Fungible-Tokens (NFTs) and other digital assets. Optimized for gaming, it offers high transaction throughput, low fees, and eco-friendly transactions. Enjin Wallet: A secure, multi-functional mobile wallet supporting various cryptocurrencies and NFTs, enabling users to manage their digital assets with ease. NFT.io Marketplace: An intuitive platform for creating, trading, and distributing NFTs, fully integrated with the Enjin Blockchain to provide a seamless user experience. Enjin Platform API and SDKs: Developer toolkit that facilitate the integration of blockchain assets into games and applications, supporting multiple programming languages and platforms. Enjin Beam: A QR code-based distribution system that allows for the effortless dissemination of NFTs, enhancing user engagement and marketing strategies. Enjin Coin (ENJ) At the core of the Enjin ecosystem is Enjin Coin (ENJ), the native governance and utility token of Enjin Blockchain. ENJ underpins all transactions, asset creation, and economic activity within the ecosystem, playing a crucial role in securing the network and empowering users to create and trade digital assets with real-world value. Key functions: Governance & Staking: ENJ holders can stake Enjin Coin (ENJ) to participate in network governance, securing the blockchain while earning rewards for their contributions. This decentralized model ensures a fair and community-driven ecosystem. Transaction Fees: ENJ is used to pay for all transactions on Enjin Blockchain, ensuring a seamless and unified economic model. Security & Network Validation: ENJ is used in the nominated proof-of-stake (NPoS) consensus mechanism to secure Enjin Blockchain and allows participants to nominate reliable nodes. NFT Minting & Creation: ENJ is used to mint

ENJ/USDT

No chart data available

Market Cap
$77.0M
Token Vol
$12.7M

History

2023
Jun 13, 2023chain expansionmajor

Enjin Blockchain Launch and ENJ Migration

2021
Dec 30, 2021chain expansionmajor

Efinity Wins Polkadot Parachain Slot

Mar 31, 2021chain expansionmajor

Efinity Polkadot Parachain Announcement

2019
Dec 4, 2019partnershipmajor

Microsoft Azure Heroes NFT Program

Mar 8, 2019partnershipmajor

Samsung Galaxy S10 Enjin Wallet Integration

2018
Jun 17, 2018protocol upgrademajor

Introduction of ERC-1155 Multi-Token Standard

Jan 30, 2018product launchmajor

Enjin Wallet Launch

2017
Oct 3, 2017token launchmajor

Enjin Coin (ENJ) Initial Coin Offering

Oct 2, 2017token launch

ENJ Token Launch

funding

Funding Round

GenBlock Capital, MV Global, MV Global

Recent News