Just Five Altcoins in the Top 100 Are Up Right Now… Which Ones?

A Deep Dive Into Waves: Enterprise-Grade DApps at Fractional Costs

Technical Analysis: Waves (WAVES) Price Prediction

## Waves (WAVES) کیا ہے؟

Waves ایک کثیر مقصدی [بلاک چین](https://coinmarketcap.com/alexandria/glossary/blockchain) پلیٹ فارم ہے جو غیر مرکزی ایپلیکیشنز ([DApps](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps)) اور [اسمارٹ معاہدوں](https://coinmarketcap.com/alexandria/glossary/smart-contract) سمیت استعمال کی مختلف صورتوں کی معاونت کرتا ہے۔

Waves کرپٹو کرنسی انڈسٹری کی سب سے پہلی ابتدائی کوائن کی پیشکشوں ([ICO](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico)) کے بعد جون 2016 میں شروع ہوا، اس کا ابتدائی مقصد رفتار، استعمال، اور صارفی سہولت میں اضافہ کرتے ہوئے پہلی بلاک چین پلیٹ فارمز کے مقابلے میں بہتر کارکردگی کا مظاہرہ کرنا تھا۔

اس پلیٹ فارم میں مختلف تبدیلیاں کی گئی ہیں اور اس کے اصل ڈیزائن کو بنانے کے لیے آسان فیچرز شامل کیے گئے ہیں۔

Waves کا مقامی ٹوکن WAVES ہے، یہ لامحدود سپلائی کا حامل ٹوکن ہے جسے بلاک کے انعامات جیسی معیاری ادائیگیوں کے لیے استعمال کیا جاتا ہے۔

### Waves کے بانیان کون ہیں؟

Waves کا نام اس کے بانی، یوکرینی سائنسدان Alexander Ivanov کے نام پر رکھا گیا ہے (جو Sasha Ivanov کے نام سے بھی جانے جاتے ہیں)۔

Waves بنانے سے پہلے، Ivanov پہلے سے ہی کرپٹو کرنسی کی اسپیس میں سرگرم تھے، انہوں نے فوری ایکسچینج Coinomat جو اب غیر فعال ہے، اور انڈیکسنگ سائٹ Cooleindex کو جاری کیا تھا۔ انہوں نے اسٹیبل کوائن کا ابتدائی ورژن بھی بنایا، [CoinoUSD](https://coinmarketcap.com/alexandria/article/what-is-a-stablecoin)، جو امریکی ڈالر سے مربوط تھا۔

Ivanov اپنی Waves کی تشہیر کے لیے عوامی طور پر سرگرم ہیں، پلیٹ فارم پر اکثر انٹرویو دیتے رہتے ہیں اور بلاک چین کی وسیع تر انڈسٹری میں مقبول ہیں۔

Waves کے مارکیٹنگ لٹریچر کے مطابق، اب ماسکو اور سوئٹزرلینڈ سمیت مختلف مقامات پر اس کمپنی کے 180 سے زائد ملازمین موجود ہیں۔

### وہ کیا چیز ہے جو Waves کو منفرد بناتی ہے؟

اپنے شعبے میں ابتدائی پیشکشوں میں سے ایک کے طور پر، Waves نے ابتدائی بلاک چین پلیٹ فارمز اور پراڈکٹس کو بہتر بنانے کا عزم ظاہر کیا ہے۔

شروع سے، اس کا بنیادی مقصد ایسے کاروباری صارفین کو متوجہ کرنا تھا جو عوامل کو بہتر بنانے یا نئی سروسز تخلیق کرنے کے لیے بلاک چین کو استعمال کرنا چاہتے ہیں۔

Waves نے اسمارٹ معاہدے اور DApp ڈویلپمنٹ کی معاونت کی ہے، اور اس چیز کو یقینی بنایا ہے کہ اس کی رفتار اور استعمال کی آسانی موجودہ وقت میں سب سے بہتر ہو۔

اس کے بعد سے، دیگر پراڈکٹس ظاہر ہو چکی ہیں، جن میں ایک کراس چین اور اوریکل نیٹ ورک Gravity، اور غیر مرکزی فنانس ([DeFi](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance)) پر مرکوز پلیٹ فارم Neutrino شامل ہیں۔ Waves DEX ایک غیر مرکزی کرپٹو کرنسی ایکسچینج ہے۔

2020 میں، Waves نے اعلان کیا کہ اس کا پلیٹ فارم ایک ERC-20 معیاری اثاثے کے طور پر WAVES ٹوکن جاری کرتے ہوئے، Ethereum نیٹ ورک کے ساتھ باہم مل کر کام کر سکے گا۔

#### متعلقہ صفحات:

Ethereum ([ETH](https://coinmarketcap.com/ur/currencies/ethereum/)) کے بارے میں مزید جانیں۔

Cardano ([ADA](https://coinmarketcap.com/ur/currencies/cardano/)) کے بارے میں مزید یہاں سے جانیں۔

کیا آپ کرپٹو پر نئے آئے ہیں؟ CoinMarketCap کے مخصوص معلوماتی ذریعے، یعنی [Alexandria](https://coinmarketcap.com/alexandria/categories/crypto-basics) کے ذریعے تمام ضروری معلومات حاصل کریں۔

### فی الوقت کُل کتنے Waves (WAVES) کوائنز گردش میں ہیں؟

WAVES کا آغاز Waves پلیٹ فارم کے لیے ایک مقررہ حد کے ٹوکن کے طور پر ہوا، جس میں 100 ملین ٹوکنز دستیاب ہیں۔

اس کی ICO میں — 30,000 BTC اکٹھے ہوئے — اس سپلائی کا %85 حصہ فروخت میں شرکت کرنے والے افراد کو، 4% شراکت داروں اور حامیوں کو، 9% ڈویلپرز کو اور فی کس 1% حصہ ابتدائی حامیوں اور ان باؤنٹی اسکیمز کو ملا جو کہ ICO کے بعد منظر عام پر آئیں۔

وقت کے ساتھ، اس کی سہولت میں اضافہ ہوا ہے، اور 2019 میں، سپلائی کی حد ختم کرنے کا فیصلہ کیا گیا، جبکہ فیصلہ سازی کی قوت نیٹ ورک کے شرکاء کو منتقل کی گئی۔

فی الحال، بلاک کا انعام 6 WAVES ہے، اور کوئی بھی تبدیلی ووٹوں کی شکل میں ہو سکتی ہے — صارفین پر اس امر کا انتخاب لازم ہوتا ہے کہ آیا وہ ہر 110,000 بلاکس کے بعد بلاک کے انعام میں 0.5 WAVES کی کمی کرنا چاہتے ہیں یا نہیں۔

### Waves نیٹ ورک کو کس طرح سے محفوظ بنایا جاتا ہے؟

Waves ایک ترمیم شدہ [پروف آف اسٹیک](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) الگورتھم استعمال کرتا ہے جسے WavesNG کہتے ہیں۔ یہ ٹیکنالوجی Bitcoin-NG پر مبنی ہے، جو Bitcoin کے معروف حامی، Cornell University کے ڈویلپر Emin Gün Sirer کی جانب سے توسیع پذیری کی ایک تجویز ہے۔

Waves اس چیز کو نمایاں کرتی ہے کہ اس کا کوڈ اوپن سورس ہے، جو انٹرپرائز کے کلوزڈ سورس بلاک چین حل کے مقابلے میں زیادہ اعتماد اور مرمت کی آسانی کی اجازت دیتا ہے۔

### آپ Waves (WAVES) کو کہاں سے خرید سکتے ہیں؟

چونکہ WAVES ایک ایسی کرپٹو کرنسی ہے جو چار سال سے زائد عرصے سے مارکیٹ میں موجود ہے، اس لیے یہ بہت سے ایکسچینجز پر ٹریڈ ہو سکتی ہے۔

WAVES اور دیگر کرپٹو کرنسیز، اسٹیبل کوائنز اور فیاٹ کرنسیز کے مابین جوڑے آپریٹ کرتے ہیں۔

اس کے حجم زیادہ تر [Binance](https://coinmarketcap.com/ur/exchanges/binance/) اور [Huobi Global](https://coinmarketcap.com/ur/exchanges/huobi-global/) جیسے مارکیٹ کے بڑے مقامات پر تقسیم شدہ ہیں۔

کرپٹو کرنسی پر نئے آئے ہیں؟ Bitcoin یا کوئی اور ٹوکن خریدنے کے لئے ہمارا [آسان ہدایت نامہ](https://coinmarketcap.com/how-to-buy-bitcoin/) پڑھیں۔

Waves

Ledger

Trezor

Trust Wallet

Math Wallet

Waves Exchange

Atomic wallet

Waves Enterprise

Swop

MDtoken

Sportcash One

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

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

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.

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

Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming.

Development work officially started on Zilliqa in June 2017, and its testnet went live in March 2018. A little over a year later, in June 2019, the platform launched its mainnet.

The native utility token of Zilliqa, ZIL, is used to process transactions on the network and execute smart contracts.

Zilliqa

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

Self-described as "Polkadot's wild cousin," Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers.

Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.

By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”

The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product.

Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.

Kusama

Flow

Chiliz is the leading digital currency for sports and entertainment by the eponymous Malta-based FinTech provider. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands. Multiple fan tokens by Socios.com are an example of that. For sports clubs and associations, fan tokens offer a way of connecting with their fans and unlocking new revenue streams.

For instance, fans can participate and influence club-related decisions through surveys and polls, such as messages the captain should wear on his armband. The company aims to bridge the gap between being an active and a passive fan. Chiliz has developed partnerships with some of the biggest sporting institutions in the world: FC Barcelona, Manchester City, Juventus Turin, and Paris Saint-Germain. It also boasts partnerships with the UFC and gaming organizations. By purchasing CHZ, fans get access to various fan tokens and literally have a stake in their club.

Chiliz

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.

Harmony

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.

Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.

Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.

Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”

One of Fantom's key strengths is its performance and efficient transaction processing, namely thousands of transactions per second, where transactions are settled in 1-2 seconds, and the cost is fractions of a cent per transaction. As a result, Fantom provides higher scalability but at a lower cost.

The ecosystem is based on two main technologies: Lachesis protocol and Opera.

The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed and security.

Lachesis is an aBFT consensus engine that uses a directed acyclic graph (DAG) algorithm. How it works: network data can be processed at different times, and the network filters the participants, allowing only one third, which are allocated due to erroneous or malicious behavior, without compromising network processes.

Fantom's Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism maintains the efficiency of the entire network, its design provides security at maximum speed. Fantom developers emphasize that the PoS mechanism is a leaderless phenomenon — there are no leaders of blocks and participants, and anyone can join (or leave) the network of nodes at a convenient moment.

The key qualities of Lachesis are: asynchronous, leaderless, Byzantine fault-tolerant, and near-instant finality.

As for Opera, it's an application development layer or Fantom's mainnet deployment platform, permissionless and open-source hosting DApps. Thanks to EVM integration and support for the Solidity programming language, Fantom has a full set of smart contract capabilities, which allows users to seamlessly interact with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency.

The Fantom Foundation concluded that removing block leaders improves network security, so Opera uses a PoS model and leaderless validators (validators do not determine which blocks are valid).

In addition to being a fast, secure and cheap payment platform that enables to make fast and secure payments at minimal cost, Fantom also features on-chain governance where users vote with FTM tokens (one token equals one vote). Of the features: users have the right to express the degree of agreement / disagreement on a scale from 0 to 4.

FTM is the native utility in-house PoS token of Fantom that powers the ecosystem and is applied for payments, network fees, staking, and governance. FTM forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

Fantom

Theta Network

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

Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.

Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.

In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.

Curve DAO Token

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

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.

SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.

SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.

SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.

SushiSwap

Kava is a Layer-1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum.

Kava was built from the ground up to optimize its resources for protocol growth, strengthened by its Cosmos EVM technology that enables maximum scalability, speed, security, and developer support.

Builders on Kava earn a share of Kava Rise's $750M developer incentive fund via the program's blockchain-based distribution method, designed to reward the top protocols every month based on usage.

Kava

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.