ENJ

Enjin Coin price 
ENJ

$0.3564  

7.51% (1d)

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Enjin Coin statistics
Market cap
 

7.54%

$519,020,129
#136
Volume (24h)
 

71.66%

$36,944,609
#192
Volume/Market cap (24h)
 
7.12%
Circulating supply
 
1,456,137,311 ENJ
Total supply
 
1,806,875,848 ENJ
Max. supply
 
Fully diluted market cap
 
$644,036,060
ENJ to USD Converter
ENJ
USD
Price performance
24h 
Low
$0.331
High
$0.3631
All-time high
Nov 25, 2021 (2 years ago)
$4.85
-92.65%
All-time low
Nov 02, 2017 (7 years ago)
$0.01562
+2181.98%
See historical data
Popularity
In watchlists608,643x
142nd / 10.0K
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Enjin Coin news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About Enjin Coin

What Is Enjin Coin (ENJ)?

Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.

Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.

Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:

  • Infuses them with a reserve value
  • Ensures their transparency and scarcity
  • Gives them instant liquidity
  • Provides utility in games and apps
  • Anti-inflationary
  • Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.

The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.

Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.

In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.

Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.

Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.

Who Are the Founders of Enjin Coin?

What Makes Enjin Coin Unique?

How Many Enjin Coin (ENJ) Coins Are There in Circulation?

How Is the Enjin Coin Network Secured?

Where Can You Buy Enjin Coin (ENJ)?

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