Enjin (ENJ): Empowering the Blockchain Gaming Industry Ecosystem
Introduction
Enjin is a technology company that provides community-building services for gamers and game developers on the blockchain.
Founded in 2009, Enjin's primary mission is to ensure security and transparency for the gaming community within the Metaverse.
Enjin's suite of products/services enables play-to-earn game developers to create websites, stores, and forums to foster communities and facilitate in-game item trading.
Key Highlights of the Project
Firstly, Enjin offers a range of products:
- Wallet: A cryptocurrency wallet for traders, developers, and gamers that currently supports ERC-20, ERC-721, and ERC-1155 tokens.
- Platform: Automates transaction approval requests to and from the Enjin platform.
- Marketplace: Facilitates NFT trading.
- JumpNet: Enables gas-free NFT transfers between Ethereum and Enjin.
- Beam: Users can scan QR codes with the Enjin wallet to receive assets directly.
- Efinity: A blockchain for NFTs.
In summary, Enjin's product suite simplifies the sending and receiving of NFTs with fast speeds and low fees.
Additionally, Enjin boasts a team with years of blockchain technology experience and partnerships with industry giants such as Samsung, Microsoft, and Binance.
Project Development Timeline
2009: Enjin established, launching the Enjin Network for individuals to build websites, forums, and gaming applications.
2017: Introduction of the Enjin Coin (ENJ) token with a successful ICO raising $18.9 million. The company developed its own blockchain tools and services.
January 2018: Release of a dedicated Android version of the blockchain wallet (Enjin Wallet), followed shortly by an iOS version.
Mid-2018: Official launch of the Enjin platform on the Ethereum mainnet.
2019: Implementation of the ERC-1155 token standard within the current software.
How to Acquire Project Tokens
Token Information:
- Name: Enjin Coin
- Symbol: ENJ
- Blockchain: Ethereum
- Contracts: 0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c
- Token Standard: ERC-20, ERC-1155
- Total Supply: 1,000,000,000
- Circulating Supply: 934,340,659
Token Allocation:
- Marketing & Partners: 7%
- Advisors: 10%
- Enjin Team: 10%
- Token Sale: 73%
Ways to Purchase Tokens:
- Burn ERC-1155 tokens to receive ENJ.
- Buy from exchanges such as Binance, Huobi Global, Coinbase Exchange, Kucoin, FTX, etc.
Conclusion
This overview highlights Enjin and my assessment of the ecosystem's potential. I hope you find this information valuable and look forward to the next project review on Gamefinity.
