Enjin - Gaming on the blockchain

Enjin is powering the future of gaming and NFT's.

Concise Crypto
May 16, 2022

Enjin (ENJ)

What is Enjin?

Enjin is a gaming company created in 2009. As crypto and the entire blockchain ecosystem grew, the company saw the advantages of this technology and developed the Enjin platform. It’s aim is to foster the creation of video games and NFT’s in a decentralized way.

Why does Enjin have value?

The Enjin Network has fostered the creation of many popular games, even attracting traditional companies like Microsoft to build on it. For users, it represents a way to earn money while playing video games (play-to-earn), as well as earning NFT’s and trading them on their marketplace.

What are the Pros of Enjin?

● Anyone can build games on the platform.

● The platform has a profitable NFT marketplace.

● Games can generate revenue for its players.

What are the Cons of Enjin?

● It cannot be mined or staked for profit.

What are ENJ’s tokenomics?

The maximum supply of ENJ is 1 billion. 40% were distributed in a presale; 10% were given as bonuses; 30% were sold in the ICO; 10% locked for community, marketing, and partnerships; and 10% to the development team.

Who founded Enjin?

Maxim Blagov and Witek Radomski.

Who are Enjin investors?

Enjin Coin has conducted 4 sales rounds, raising $61.9 million. The main investors are Hashkey, Digital Finance Group (DFG), DeFi Alliance, Hypersphere Ventures, ICONIUM, Crypto.com Capital, ArkStream Capital, Hashed, Fenbushi Capital, and Arrington XRP Capital.

Concise Crypto Grade:

A- :Enjin is a strong platform that is growing in popularity each year. It was one of the first protocols engineered to create a place for fun play-to-earn games and a valuable NFT marketplace. It has a huge gaming community and has registered nearly 20 million users. Enjin should be a power player when play-to-earn games go mainstream... which we think will happen within the next 5 years.

Where can I buy ENJ?

Binance, Coinbase Exchange, Huobi Global, KuCoin, Bithumb, Gate.io.

What ecosystem does Enjin run on?

Ethereum