Market Data & Token Stats
| Fully Diluted Valuation | $117.88M |
|---|---|
| 24H Trading Volume | $42.55M |
| 24H Low / High | $0.05826 / $0.06369 |
| Circulating Supply | 1.96B |
| Total Supply | 1.98B |
| Max Supply | ∞ |
Key Project Information
| Categories | NFT 9 more |
|---|---|
| Founder | Enjin Company Maxim Blagov 1 more |
| Website | enjin.io Whitepaper |
| Socials | 2 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Arkm 6 more |
| Contracts |
0xf62....a3b9c
2 more
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Enjin Coin (enj) Expert User Reviews
Is Enjin Coin safe or a scam? Read verified Crypto OG reviews about Enjin Coin
$enj Markets
| Name | Pair | OG Score |
|---|
About Enjin Coin
Enjin is a pioneering company in the gaming industry, founded in 2009, that has evolved into a blockchain-based ecosystem. Their flagship project, Enjin Coin (ENJ), utilizes an ERC-20 token on the Ethereum blockchain to back digital assets like NFTs. Enjin offers a suite of tools, including a marketplace and wallet, enabling users to seamlessly create, trade and monetize blockchain assets within the gaming space.
Enjin's Vision and Foundation:
Enjin's journey began with the vision of creating an interconnected, blockchain-based gaming ecosystem. Founded by Maxim Blagov and Witek Radomski, the company initially introduced the Enjin Network, a social gaming platform that garnered 20 million users over a decade. The turning point came in 2017 when Enjin embraced blockchain technology, leading to the creation of Enjin Coin (ENJ).
Unique Features of Enjin Coin (ENJ):
Enjin Coin (ENJ) stands out in the crypto space due to its unique approach. Every token minted on the Enjin Platform is directly backed by ENJ, providing in-game items with real-world liquidity. This ERC-20 token, launched on the Ethereum mainnet in June 2018, is the digital store of value used to back blockchain assets, especially NFTs.
Key Features and Benefits:
The Enjin ecosystem offers a suite of tools, including a marketplace, wallet and developer platform, making it easy for users to create, trade and monetize blockchain assets. ENJ's integration ensures benefits like reserve value infusion, transparency, scarcity, instant liquidity, utility in games and apps and anti-inflationary measures. Enjin's innovative "melting" functionality allows users to destroy blockchain assets to retrieve the ENJ value within.
Founders' Vision and Expertise:
Maxim Blagov, Enjin's CEO, brings expertise in creative direction, marketing and software project management. Co-founder Witek Radomski, also the author of the ERC-1155 Ethereum token standard, played a pivotal role in integrating blockchain into Enjin's offerings.
Enjin Coin (ENJ) in Circulation:
With a fixed maximum supply of 1 billion tokens, Enjin Coin (ENJ) had its presale in September 2017, followed by an ICO in October 2017. The team strategically allocated tokens for community initiatives, marketing and team members. As the ecosystem grows, the circulating supply adjusts based on the ENJ locked into in-game assets.
Security Measures:
Enjin Coin (ENJ), as an ERC-20 token on the Ethereum blockchain, leverages Ethereum's proof-of-stake consensus algorithm for transaction validation. Multiple audits ensure the security of underlying smart contracts, contributing to user trust and confidence. A bug bounty program, launched in October 2020, further enhances security through community collaboration.
Enjin's Impact on NFTs and Gaming:
Enjin Coin (ENJ)'s influence extends beyond its tokenomics. Enjin provides an end-to-end solution for NFT creation, distribution and integration into decentralized applications. The Enjin Marketplace and Enjin Blockchain Wallet empower users to engage in the NFT space seamlessly.
Looking Ahead:
Enjin's journey continues with a focus on NFTs and gaming. The platform's commitment to environmental sustainability, demonstrated through initiatives like JumpNet going carbon-negative, reflects a forward-thinking approach. As Enjin explores innovative solutions, it remains a key player in shaping the future of blockchain gaming and digital collectibles.
Conclusion:
Enjin Coin (ENJ)'s one-year anniversary signifies not just a milestone but a testament to the transformative power of blockchain in gaming. With a solid foundation, visionary leadership and a commitment to innovation, Enjin is set to continue pushing the boundaries of what's possible in the evolving landscape of NFTs and blockchain gaming.
What is unique about Enjin Coin (ENJ)?
Enjin Coin (ENJ) stands out for directly backing every token minted on its platform with ENJ, providing real-world liquidity to in-game items and digital collectibles. Its innovative "melting" functionality allows users to retrieve the ENJ value from destroyed blockchain assets.
Who are the founders of Enjin Coin (ENJ)?
Enjin was founded by Maxim Blagov and Witek Radomski. Maxim Blagov serves as CEO, bringing expertise in creative direction and marketing, while Witek Radomski, the company's CTO, is also the author of the ERC-1155 Ethereum token standard, playing a key role in integrating blockchain into Enjin's offerings.
Who are the backers/investors of Enjin Coin (ENJ)?
The presale and ICO events in 2017 attracted early investors, with strategic allocations for community initiatives, marketing and team members. Specific backers or investors beyond the initial fundraising events are not detailed in the provided information.
Where can I buy Enjin Coin (ENJ)?
You can buy Enjin Coin (ENJ) on Binance, Bybit, Gate.ioMEXCOKX cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Enjin Coin Official Website, Enjin Coin Whitepaper, Enjin Coin GitHub Repository and Enjin Coin X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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