What Is OMG Network (OMG)?

The Worst-Performing Altcoins in September

## Τι Είναι το OMG Network (OMG);

Το OMG Network, παλαιότερα γνωστό ως OmiseGo, είναι μια ανεξάρτητη λύση κλιμάκωσης επιπέδου 2, που έχει δημιουργηθεί για το [blockchain Ethereum](https://coinmarketcap.com/alexandria/glossary/blockchain). Ως λύση κλιμάκωσης του Ethereum, το OMG Network έχει σχεδιαστεί για να επιτρέπει στους χρήστες να μεταφέρουν token ETH και ERC20 πολύ γρηγορότερα και φθηνότερα από ό,τι όταν πραγματοποιούν συναλλαγές απευθείας στο δίκτυο Ethereum.

Το δίκτυο βασίζεται σε μια νέα λύση κλιμάκωσης που ονομάζεται MoreViable Plasma, η οποία χρησιμοποιεί μια αρχιτεκτονική sidechain για να ομαδοποιήσει πολλές συναλλαγές εκτός αλυσίδας σε μια παρτίδα, η οποία μπορεί στη συνέχεια να επαληθευτεί ως μια ενιαία συναλλαγή στη ριζική αλυσίδα του Ethereum. Σύμφωνα με το OMG Network, αυτή η τεχνολογία έχει τη δυνατότητα να επεκτείνει το [Ethereum](https://coinmarketcap.com/el/currencies/ethereum/) σε χιλιάδες συναλλαγές ανά δευτερόλεπτο (TPS) — αντί για τις 10 έως 14 tps που μπορεί να διεκπεραιώσει αυτή τη στιγμή το Ethereum 1.0.

Το δίκτυο τροφοδοτείται από το βοηθητικό token του OMG, το οποίο μπορεί να χρησιμοποιηθεί ως μία από τις μεθόδους πληρωμής για χρεώσεις στο OMG Network και τελικά θα μπορεί να πονταριστεί — βοηθώντας στην ασφάλεια του δικτύου σε αντάλλαγμα για ανταμοιβές.

### Ποιοι Είναι οι Ιδρυτές του OMG Network;

Το OMG Network αποτελείται αυτήν τη στιγμή από μια ομάδα περισσότερων από 50 εργαζομένων που είναι διάσπαρτοι σε όλο τον κόσμο. Ιδρύθηκε από την Ταϊλανδή Vansa Chatikavanij και λειτουργεί ως θυγατρική της SYNQA — μιας εταιρείας fintech με έδρα την Ταϊλάνδη που ήταν παλαιότερα γνωστή ως Omise Holdings.

Ως ιδρυτής του έργου, η Vansa Chatikavanij έκανε μεταπτυχιακό στις γεωεπιστήμες και στις επιστήμες περιβάλλοντος στο Πανεπιστήμιο Columbia της Νέας Υόρκης. Κατόπιν αυτού, η Chatikavanij είχε αρκετούς συμβουλευτικούς ρόλους σε εξέχοντα χρηματοπιστωτικά ιδρύματα, συμπεριλαμβανομένου του Διεθνούς Οργανισμού Χρηματοδότησης (IFC) και του Ομίλου της Παγκόσμιας Τράπεζας, προτού ιδρύσει το OMG Network (τότε OmiseGo) το 2017.

Η Chatikavanij κατείχε τη θέση της διευθύντριας στην εταιρεία μέχρι το 2019, πριν μεταβεί στη θέση της Διευθύνουσας Συμβούλου, την οποία διατηρεί μέχρι σήμερα. Πέρα από αυτό, ο Stephen McNamara — πρώην επικεφαλής στρατηγικής έρευνας και ανάπτυξης blockchain στην Huawei Technologies — είναι ο Επιχειρησιακός Διευθυντής του OMG Network, ενώ ο Kasima Tharnpipitchai, ένας έμπειρος μηχανικός και σύμβουλος, είναι ο Τεχνικός Διευθυντής του.

### Τι Κάνει το OMG Network Μοναδικό;

Το OMG Network πιστεύει ότι τα σημαντικά εμπόδια ταχύτητας και κόστους του Ethereum θα πρέπει να ξεπεραστούν προτού οι mainstream επιχειρήσεις εξετάσουν το ενδεχόμενο να δημιουργήσουν τα προϊόντα και τις εφαρμογές τους στο δίκτυο.

Ως εκ τούτου, το έργο OMG Network έχει δημιουργηθεί για να βοηθήσει να γίνει το Ethereum πιο ελκυστικό για τις επιχειρήσεις και τα έργα που θέλουν να επεκταθούν περιορίζοντας, ταυτοχρόνως, το αποτύπωμα άνθρακα. Αυτό το πετυχαίνει με τη, βασισμένη στο Plasma, λύση sidechain, η οποία μπορεί να συμβάλει στη μείωση της χρήσης ηλεκτρικής ενέργειας έως και 99% σε σύγκριση με το Ethereum και να μειώσει τα τέλη κατά περίπου τα δύο τρίτα, διασφαλίζοντας, παράλληλα, την ασφάλεια των περιουσιακών στοιχείων από το υποκείμενο δίκτυο Ethereum.

Η ίδια η πλατφόρμα υποστηρίζεται από χρηματοδότηση 25 εκατομμυρίων δολαρίων που αποκτήθηκε κατά τη διάρκεια της αρχικής προσφοράς νομισμάτων ([ICO](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico)) το 2017. Επιπλέον, η μητρική εταιρεία του OMG Network, SYNQA, συγκέντρωσε πρόσφατα επιπλέον 80 εκατομμύρια δολάρια σε χρηματοδότηση σειράς C — και υποστηρίχθηκε από πολλές μεγάλες επενδυτικές εταιρείες, συμπεριλαμβανομένων των Toyota Financial Services Corporation και Sumitomo Mitsui Banking Corporation.

#### Σχετικές Σελίδες

Διάβασε για το [Stellar](https://coinmarketcap.com/el/currencies/stellar/) — έναν από τους μεγαλύτερους ανταγωνιστές του OMG Network.

Μάθε περισσότερα για το [Polkadot](https://coinmarketcap.com/el/currencies/polkadot-new/) — ένα blockchain υψηλής ταχύτητας με δυνατότητες έξυπνων συμβολαίων.

Κάνε μια βαθιά βουτιά στο Ethereum 2.0 με το [CoinMarketCap Alexandria](https://coinmarketcap.com/alexandria/article/a-dive-into-ethereum-2-0).

Μείνε ενημερωμένος για τις τελευταίες τάσεις με το [Blog του CoinMarketCap](https://blog.coinmarketcap.com/).

### Πόσα Νομίσματα OMG Network (OMG) Υπάρχουν σε Κυκλοφορία;

Όπως τα περισσότερα [κρυπτονομίσματα](https://coinmarketcap.com/alexandria/article/what-are-cryptocurrencies), τα token OMG Network έχουν σταθερή μέγιστη προσφορά. Αυτή έχει οριστεί ακριβώς στα 140.245.398 OMG και δεν θα αυξηθεί ποτέ πέρα από αυτό το σημείο. Σε αντίθεση με πολλά άλλα κρυπτονομίσματα, αυτή η συνολική προσφορά έχει ήδη εξορυχθεί πλήρως, με την πλειοψηφία να βρίσκεται ήδη σε κυκλοφορία.

Από τη συνολική προσφορά, το 65,1% των token διανεμήθηκε σε επενδυτές και το 5% διανεμήθηκε μέσω airdrop, ενώ το τελευταίο 29,9% κατέχεται από το έργο και την ομάδα. Από αυτό το 29,9%, το 20% είναι κλειδωμένο στο αποθεματικό έξυπνο συμβόλαιο OMG Network για χρηματοδότηση μελλοντικής ανάπτυξης και την επικύρωση του δικτύου, και το υπόλοιπο 9,9% προορίζεται για την ιδρυτική ομάδα.

Τόσο το αποθεματικό OMG όσο και η κατανομή της ομάδας κλειδώθηκαν για ένα χρόνο, αλλά αυτό το διάστημα έχει παρέλθει από τότε.

### Πώς Διασφαλίζεται το Δίκτυο OMG Network;

Το κύριο δίκτυο του OMG Network θα μεταφερθεί τελικά σε ένα σύστημα συναίνεσης [απόδειξης συμμετοχής (POS)](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake), το οποίο θα επιτρέπει στους χρήστες να ποντάρουν τα token τους για να βοηθήσουν στην ασφάλεια του δικτύου και να κερδίσουν ανταμοιβές.

Μέχρι τότε, οι θυγατρικές αλυσίδες του OMG Network διασφαλίζονται από έναν μηχανισμό συναίνεσης απόδειξης ταυτότητας (PoA), ο οποίος είναι βασικά μια απλοποιημένη μορφή απόδειξης συμμετοχής που ελέγχεται από έναν μόνο παραγωγό μπλοκ (το ίδιο το OMG Network) προς το παρόν — που ουσιαστικά διακυβεύει τη φήμη του παραμένοντας ή όχι ειλικρινής.

Το OMG Network σχεδιάζει να μεταβεί σε απόδειξη συμμετοχής μόλις είναι έτοιμο και, μετά από τη μετάβαση, οι κάτοχοι OMG θα μπορούν να γίνουν ενδιαφερόμενοι στην επιτυχία και την ασφάλεια του δικτύου, αναθέτοντας το [μερίδιό](https://coinmarketcap.com/alexandria/glossary/staking) τους σε επικυρωτές.

### Πού Μπορείς να Αγοράσεις Token OMG Network (OMG);

Τα token OMG έχουν υψηλή ρευστότητα και μπορούν να αγοραστούν ή να διαπραγματευτούν σε περισσότερες από 200 διαφορετικές χρηματιστηριακές πλατφόρμες, συμπεριλαμβανομένων πολλών από τα κορυφαία 10 χρηματιστήρια — όπως το [Coinbase Pro](https://coinmarketcap.com/el/exchanges/coinbase-pro/) και το [Binance](https://coinmarketcap.com/el/exchanges/binance/). Μερικά από τα πιο δημοφιλή ζεύγη διαπραγματεύσεων περιλαμβάνουν τα OMG/USDT, OMG/BTC και OMG/ETH.

Το OMG μπορεί επίσης να διαπραγματευτεί έναντι πολλών παραστατικών νομισμάτων, συμπεριλαμβανομένων των δολαρίων ΗΠΑ (USD), του ευρώ (EUR) και της στερλίνας Μεγάλης Βρετανίας (GBP). Για να μάθεις περισσότερα σχετικά με την αγορά κρυπτονομισμάτων με παραστατικά νομίσματα, διάβασε τον απλό οδηγό μας — [εδώ](https://coinmarketcap.com/how-to-buy-bitcoin/).

OMG Network

Ledger

Trezor

Trust Wallet

Math Wallet

Coinbase

MetaMask

Atomic wallet

Welcome to OMG Network's Community channel aggregated by CoinMarketCap.

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

ARPA

Liquity

HarryPotterObamaSonic10Inu (ERC-20)

Aleph.im

GamerCoin

Stargate Finance

Aevo

Bancor

Bazaars

Ethernity Chain

Pullix

Any Inu

Rebase GG

Landwolf

The Doge NFT

Qtum (pronounced ‘“quantum”)  is a proof-of-stake (PoS) smart contract open-source blockchain platform and value transfer protocol. It aims to bring together the strengths of Bitcoinand Ethereumin one chain. Qtum is built on Bitcoin's UTXO transaction model, with the added functionality of smart contract execution and DApps. Recently, the platform added support for DeFi applications. As of March 2021, there are more than 20 tokens created on the Qtum blockchain.

To learn more about this project, check out our deep dive of Qtum.

The project was announced in March 2016 and held an ICO a year after, in March 2017, which brought its founders $15 million USD. The Qtum main chain was released on Sept.13, 2017. Initially, the Qtum coin was issued as a ETH-20 token, but with the launch of the mainnet, it was converted to native blockchain.

Qtum

0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the many different blockchains (including Ethereum) without relying on centralized intermediaries. It is a protocol for decentralized exchange.

0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable smart contracts that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.

The protocol is used by companies building web3 apps such as wallets, DEXes, portfolio trackes, and others. It is a used by hundreds of developers for their projects. The protocol has facilitates over $200B in trading volume since its inception. One can track its usage in its dedicated https://explorer.0x.org/.

The protocol is powered by an ERC20 governance token known as ZRX. ZRX holders can participate in protocol governance, having direct power over protocol changes and its community treasury.

0x Protocol

Apps use ICON to operate cross-chain seamlessly, build momentum and gain reputation. ICON's Cross-Chain Framework simplifies cross-chain development with its easy-to-use xCall messaging standard and connections to secure bridging protocols.

ICON

Basic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend.

To learn more about this project, check out our deep dive of Basic Attention Token.

This experience is delivered through the Brave Browser, where users can watch privacy-preserving adverts and receive BAT rewards for doing so. On the other hand, advertisers can deliver targeted ads to maximize engagement and cut down losses due to ad fraud and abuse.

The Basic Attention Token itself is the unit of reward in this advertising ecosystem, and is exchanged between advertisers, publishers and users. Advertisers pay for their advertising campaigns in BAT tokens. Out of this budget, a small portion is distributed to advertisers, while 70% is distributed to users — whereas the intermediaries that typically drive up advertising costs are cut out of the equation to improve cost-efficiency.

Basic Attention Token launched in 2017 following one of the fastest sell-out initial coin offerings (ICOs) of all time, with the platform raising a total of $35 million in under a minute. Since then, it has rolled out its attention-based advertising experience to users in most countries through its Brave Rewards program.

As of November 2020, the United States, the United Kingdom and Canada had the most active advertising campaigns.

Basic Attention Token

Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.

Its main protocol, Carbon, is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders, with the option of combining orders together to create automated buy low, sell high strategies.

By design, Carbon orders are irreversible on execution, easily adjustable directly on-chain, and resistant to MEV sandwich attacks. These capabilities give users an unprecedented level of control and automation to perform novel trading strategies on-chain.

Fast Lane, a separate open-source arbitrage protocol, allows any user to perform arbitrage between Bancor ecosystem protocols and external on-chain exchanges and redirect arbitrage profits back to the Bancor ecosystem.

All Bancor ecosystem protocols are governed by the BancorDAO via staked BNT.

Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.

To learn more about this project, check out our deep dive of Ren.

Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.

The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.

Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.

The EOS Network is an open-source blockchain platform that prioritizes high performance, flexibility, security, and developer experience. As a third-generation blockchain platform powered by the EOS virtual machine, EOS has an extensible WebAssembly engine for deterministic execution of near fee-less transactions.

EOS is the market's most scalable, divisible, and programmable digital currency. EOS is a Delegated Proof of Stake (DPoS) network where stakeholders have the authority to select node operators. Due to the decentralized nature of the token distribution on EOS, power doesn't reside in the hands of block miners, but rather all parties involved in the EOS Network.

The EOS Network is attractive because of its technology and community. It allows developers to build projects that other blockchains cannot support. The network is straightforward and has multiple tools and educational resources to help users acclimate to the blockchain.

Tezos is a high-performing blockchain and open-source platform for assets and applications, with a strong focus on code security, on-chain governance, and decentralization. Tezos 2.0, the upcoming step in the evolution of Tezos, aims to improve scalability (via layer 2s), composability, and to implement support to mainstream programming languages (like Javascript, Typescript, Python, and many others).

Initially built with formal verification in mind, the Tezos protocol enables builders to avoid bugs when developing smart contracts, making it particularly suited to applications that require a high degree of security and certainty.

Tezos’ LPoS (Liquid Proof-of-Stake) consensus mechanism enables any stakeholder to take part, directly or by delegation, in the consensus process, and to be rewarded for securing the network. Rather uniquely, Tezos’ on-chain governance system also enables stakeholders to create and vote on protocol upgrade proposals. This pioneering system allows the protocol to self-amend and upgrade itself without leading to a split (or fork) in the blockchain, empowering the community without slowing down innovation.

First proposed in 2014 and launched in 2018, the Tezos Mainnet has a proven track record of running uninterrupted ever since, having earned a strong reputation for technical excellence and a supportive community.

Tezos

Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.

The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.

At its launch, Ontology chose to forego the popular initial coin offering (ICO) model in favor of a series of community distributions and airdrops of its ONT cryptocurrency.

This helped to quickly establish both organic price discovery and a passionate community and helped the project to avoid subsequent regulatory scrutiny.

For example, for a brief period any person who signed up for the Ontology newsletter received an airdrop of free 1,000 ONT, which reached a value of $10 per token soon after the token became listed on major exchanges like Binance.

Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.

Ontology

LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.

In 2020, the average daily trading volume of the entire cryptocurrency market fluctuated in the approximate range of $50-$200 million. Most of that trading is conducted on centralized cryptocurrency exchanges — online platforms operated by private companies that store users’ funds and facilitate the matching of buy and sell orders.

Such platforms have a number of downsides common to all of them, so a new type of exchange — decentralized— has emerged to try to alleviate these disadvantages. However, fully decentralized exchanges are not without their own flaws.

Loopring’s purported goal is to combine centralized order matching with decentralized on-blockchain order settlement into a hybridized product that will take the best aspects of both centralized and decentralized exchanges.

LRC tokens became available to the public during an initial coin offering (ICO) in August 2017, while the Loopring protocol was first deployed on Ethereum mainnet in December 2019.

Loopring

Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.

To learn more about this project, check out our deep dive of Compound.

When a user deposits tokens to a Compound pool, they receive cTokens in return. These cTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.

On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 75%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.

Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $800 million in total locked value.

Compound

Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.

By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.

Band Protocol initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role.

BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data.

Band Protocol

Waves is a multi-purpose blockchain platform which supports various use cases including decentralized applications (DApps) and smart contracts.

Launched in June 2016 following one of the cryptocurrency industry’s earliest initial coin offerings (ICO), Waves initially set out to improve on the first blockchain platforms by increasing speed, utility and user-friendliness.

The platform has undergone various changes and added new spin-off features to build on its original design.

Waves’ native token is WAVES, an uncapped supply token used for standard payments such as block rewards.

Waves

NEM is a blockchain platform that was launched in March of 2015. It was one of the pioneers of the cryptocurrency industry, and sought to improve on the imperfections found on other chains at the time. It was one of the first non-turing complete chains to feature user-defined tokens (called mosaics), namespaces, multisignature accounts, and a P2P reputation system based on EigenTrust++. Its most notable contribution to the space is the proof-of-importance consensus mechanism, which sought to reward on-chain activity and deter the concentration of wealth commonly associated with proof-of-stake. Its client, NIS, is written in Java.

NEM has a global community. It sees the most utility as an alternative form of payment for businesses and vendors, and has a variety of social media apps built on top of it in Japan, such as nemgraph, a community-driven owned and operated alternative to Instagram.

In December 2021, NEM was hard forked by a pseudonymous team of cryptocurrency experts and enthusiasts alike. Titled Harlock, this hard fork signaled the community’s intent to take NEM from a shadow of its former self into the world’s leading payments platform for on-chain and off-chain media content.

UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal of making global markets universally fair, accessible, secure and decentralized.

The team drew inspiration from traditional finance derivatives to define an open-source protocol to allow anyone, anywhere, to design and build trustless financial contracts.

Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.

Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.

Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.

yearn.finance

Dash is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project's white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions.

Dash, whose name comes from "digital cash," was launched in January 2014 as a fork of Litecoin (LTC). Since going live, Dash has grown to include features such as a two-tier network with incentivized nodes, including "masternodes," and decentralized project governance; InstantSend, which allows for instantly settled payments; ChainLocks, which makes the Dash blockchain instantly immutable; and PrivateSend, which offers additional optional privacy for transactions.

Dash

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.

Enjin Coin

Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.

Contrary to a common misunderstanding, the majority of cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, but rather pseudonymous; while they do not explicitly reveal the identities of their users, each user has their own public address or addresses which can be traced back to them via the methods of data science and blockchain forensics.

Zcash transactions, on the other hand, still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.

Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase.