Enjin Coin (ENJ) is the native cryptocurrency of the Enjin network, used to power its blockchain platform. It’s available as an ERC-20 token, allowing it to be used by all of the ERC-20 compatible wallets and exchanges out there, including MyEtherWallet and Binance, among many others. ENJ is already being used by tens of thousands of video gamers around the world in over 200 games, including Minecraft, CS:GO, Runescape, H1Z1 and more.
What is Enjin Coin?
The Enjin token is the world’s most popular Ethereum-based ERC-20 cryptocurrency, with over 20 million wallets created. Enjin allows game developers and content creators to reward their players with tokens for in-game achievements, incentivizing gamers to keep playing and building communities around different games.
History of the company
The idea for Enjin was born in 2009 with the release of Minecraft, a game that would become one of the most influential games of all time. Enjin has been providing gamers with a platform to create, share and trade virtual goods on ever since.
How to buy ENJ
To buy ENJ, you first need to get Bitcoin or Ethereum. If you don’t have either of these, they can be purchased easily from Coinbase. Once you have BTC or ETH, it’s easy to convert these tokens into ENJ on any major exchange like Binance.
Pros and Cons of ENJ
The advantages of using Enjin Coin (ENJ) are that it enables gamers to trade their virtual goods with one another in a safe, secure and transparent way. Other advantages are that it allows for the creation of virtual goods and games on top of a blockchain. The disadvantages of using ENJ is that it’s relatively new and has had some security issues.
ENJ vs ETH
The Enjin Coin (ENJ) is an ERC-20 token which operates on the Ethereum blockchain. ENJ can be used as a form of payment for all gaming items and currency in the Enjin ecosystem. The ENJ coin has seen significant growth in value from October 2017 to November 2017, where it has gone from $0.05 USD per coin to over $0.25 USD per coin, with an overall market cap of $32 million USD.
Value of ENJ today, why use it?
At the time of writing this post, Enjin Coin (ENJ) is worth $$0.4205 USD and can be used on the Enjin platform. Additionally, there are many features being developed for the coin so it will be more valuable in the future.
Games on ENJ platform
The Enjin Network hosts over 250,000 gaming communities and reaches millions of gamers across the globe. With Enjin’s new cryptocurrency, we’re opening up a world of possibilities for in-game items. At the heart of our platform is a modular blockchain system called Efinity. It allows unlimited volumes of transactions between different blockchains without clogging the networks.
Communities using ENJ
Enjin is a social gaming platform with over 250,000 gaming communities and 18.7 million registered gamers. Enjin offers a suite of tools for community building, including chat, forums, guilds/clans, and other social features that keep the community together. With the Enjin Wallet users can store all their game items securely on the blockchain while maintaining full control over them. The wallet also enables trading of in-game items on a marketplace built into the wallet.
Is ENJ a good investment?
The Enjin Coin is a cryptocurrency token based on the Ethereum blockchain. It has a total supply of 1,000,000,000 ENJ. ENJ can be used across different platforms that include their in-house Minecraft server and game engine with over 250,000 community-made gaming servers and 18 million registered users. The Enjinn coin is currently valued at $$0.4205 USD which is low compared to the all-time high of $1.42 USD it reached in early December 2017.
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