-
Bitcoin
$88,108.69
-2.38% -
Ethereum
$3,068.52
-4.39% -
Tether USDt
$1.00
-0.08% -
Solana
$209.58
-2.52% -
BNB
$620.72
0.07% -
Dogecoin
$0.3697
-5.54% -
XRP
$0.8162
16.85% -
USDC
$1.0000
0.00% -
Cardano
$0.5904
2.14% -
TRON
$0.1773
-0.45% -
Shiba Inu
$0.0...02370
-8.81% -
Toncoin
$5.27
-3.27% -
Avalanche
$31.46
-4.06% -
Sui
$3.24
-3.22% -
Pepe
$0.0...02094
-14.31% -
Bitcoin Cash
$418.96
-4.49% -
Chainlink
$13.05
-2.64% -
Polkadot
$4.81
-4.63% -
UNUS SED LEO
$7.42
-3.27% -
NEAR Protocol
$5.44
6.84% -
Litecoin
$81.74
8.74% -
Aptos
$11.27
-2.30% -
Dai
$0.9999
0.01% -
Uniswap
$8.18
-4.96% -
Stellar
$0.1339
8.28% -
Cronos
$0.1449
-9.60% -
Internet Computer
$7.98
-5.42% -
Bittensor
$502.35
-6.27% -
dogwifhat
$3.53
-15.55% -
Render
$6.63
-3.21%
What currency is ENJ? What does ENJ coin mean?
Enjin Coin (ENJ) enables gamers to own and trade virtual items, connecting them to the gaming industry through its robust ecosystem of blockchain solutions.
Oct 12, 2024 at 07:24 pm
What is Enjin Coin (ENJ)?
1. Overview
Enjin Coin (ENJ) is a cryptocurrency designed for the gaming industry. It enables the creation of virtual items that can be owned, traded, and integrated into games.
2. Enjin Ecosystem
ENJ is part of the Enjin ecosystem, which includes:
- Enjin Network: A blockchain platform for creating and managing virtual goods.
- Enjin Wallet: A multi-currency wallet that supports ENJ.
- Enjin Marketplace: A platform for buying and selling virtual items.
3. Features of ENJ
- Scarcity: ENJ has a limited supply of 1 billion tokens.
- Interoperability: ENJ can be used in various games and platforms within the Enjin ecosystem.
- Trustless Transactions: Transactions on the Enjin blockchain are immutable and verifiable, ensuring the security and ownership of virtual items.
- Fungibility: ENJ is interchangeable and divisible, facilitating trading and exchange.
4. Use Cases
ENJ is used for various purposes within the gaming industry, including:
- Creating and trading in-game assets (weapons, items, collectibles)
- Cross-game interoperability of virtual items
- Marketplace operations (buying, selling, and auctioning)
- Virtual land ownership in metaverse games
5. Value Proposition
ENJ provides several benefits for users:
- Ownership and Scarcity: ENJ-backed virtual items are truly owned by gamers, with scarcity determined by the available token supply.
- Interoperability: ENJ items can be used across multiple games and platforms, extending their value.
- Transparency: Blockchain technology ensures trust and transparency in virtual item transactions.
- Industry Adoption: Enjin is supported by major gaming companies and development studios, enhancing its utility and adoption.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
WallitIQ (WLTQ): Investors Positioning For A 34,000% ROI As Dogecoin And Shiba Inu Prices Compete For Dominance
- 2024-11-15 10:15:01
-
Fetch.ai (FET) Lags Behind Other AI Coins, Raising Concerns About Its Ability to Maintain Its Position
- 2024-11-15 10:15:01
-
Qubetics Redefines Cross-Border Payments with Blockchain, Targeting $707,000 Investment Potential While Algorand and Cosmos Ecosystem Lead November 2024
- 2024-11-15 10:15:01
-
Bitcoin Eyes $100,000 as It Continues Its Bullish Uptrend, Inspired by the Notorious Internet Meme, Pepe Outshines Everyone
- 2024-11-15 10:15:01
-
Dogecoin Soars After President-Elect Donald Trump Announces the Creation of the Department of Government Efficiency (DOGE)
- 2024-11-15 08:15:02
-
PEPE the Meme Coin with a Frog Mascot Took the Crypto World by Storm
- 2024-11-15 10:15:01
Related knowledge
What Are NFT Royalties? How Do NFT Royalties Work?
Nov 08,2024 at 07:49pm
What Are NFT Royalties?Non-fungible tokens (NFTs) have taken the digital world by storm, offering creators a new and innovative way to monetize their work. One of the key concepts associated with NFTs is royalties, a financial mechanism that allows creators to earn a percentage of their profits every time their NFT is sold or traded.In essence, NFT roya...
What is the relationship between Dogecoin and NFT (Non-Fungible Token)?
Nov 03,2024 at 10:37am
The Relationship Between Dogecoin and NFTs1. Origins and BackgroundDogecoin, created in 2013 as a satirical cryptocurrency, gained popularity as a meme-based asset. NFTs, or Non-Fungible Tokens, emerged later, representing unique digital assets stored on blockchain networks.2. Intersections in the Crypto SpaceBoth Dogecoin and NFTs operate within the br...
best nft websites
Oct 24,2024 at 03:18am
Top NFT Marketplaces for Buying and Selling Digital CollectiblesWith the rise of blockchain technology, NFTs (non-fungible tokens) have emerged as a revolutionary way to own and trade digital assets. NFTs offer unique ownership and provenance, making them highly sought-after by collectors and investors alike. Here are the leading NFT marketplaces where ...
best nft tokens
Oct 24,2024 at 03:11am
Top 5 Non-Fungible Token (NFT) Projects1. OKXOKX is a leading cryptocurrency exchange that offers a wide range of NFT services, including an NFT marketplace, NFT minting, and NFT custody. The OKX NFT marketplace is one of the largest in the world, with over 80,000 NFTs listed for sale. OKX also offers a variety of tools and resources to help users disco...
best selling nft art
Nov 05,2024 at 10:42pm
Top 10 Best Selling NFT ArtEverydays: The First 5000 Days - BeepleSold for $69.3 million at Christie's in March 2021A mosaic of 5,000 individual digital images created by Beeple over 13 yearsCryptoPunk #7804 - Larva LabsSold for $7.58 million at Sotheby's in March 2021One of the rarest and most sought-after CryptoPunks, a series of 10,000 unique digital...
best selling nft
Oct 22,2024 at 09:18pm
Top 5 Best-Selling NFTsNFTs (non-fungible tokens) have become increasingly popular in recent years, with some commanding sky-high prices. Here is a list of the top 5 best-selling NFTs as of March 8, 2023:The Merge by Pak: This digital artwork by Murat Pak sold for a total of $91.8 million at Nifty Gateway in 2021. It is an interactive mosaic that incorp...
What Are NFT Royalties? How Do NFT Royalties Work?
Nov 08,2024 at 07:49pm
What Are NFT Royalties?Non-fungible tokens (NFTs) have taken the digital world by storm, offering creators a new and innovative way to monetize their work. One of the key concepts associated with NFTs is royalties, a financial mechanism that allows creators to earn a percentage of their profits every time their NFT is sold or traded.In essence, NFT roya...
What is the relationship between Dogecoin and NFT (Non-Fungible Token)?
Nov 03,2024 at 10:37am
The Relationship Between Dogecoin and NFTs1. Origins and BackgroundDogecoin, created in 2013 as a satirical cryptocurrency, gained popularity as a meme-based asset. NFTs, or Non-Fungible Tokens, emerged later, representing unique digital assets stored on blockchain networks.2. Intersections in the Crypto SpaceBoth Dogecoin and NFTs operate within the br...
best nft websites
Oct 24,2024 at 03:18am
Top NFT Marketplaces for Buying and Selling Digital CollectiblesWith the rise of blockchain technology, NFTs (non-fungible tokens) have emerged as a revolutionary way to own and trade digital assets. NFTs offer unique ownership and provenance, making them highly sought-after by collectors and investors alike. Here are the leading NFT marketplaces where ...
best nft tokens
Oct 24,2024 at 03:11am
Top 5 Non-Fungible Token (NFT) Projects1. OKXOKX is a leading cryptocurrency exchange that offers a wide range of NFT services, including an NFT marketplace, NFT minting, and NFT custody. The OKX NFT marketplace is one of the largest in the world, with over 80,000 NFTs listed for sale. OKX also offers a variety of tools and resources to help users disco...
best selling nft art
Nov 05,2024 at 10:42pm
Top 10 Best Selling NFT ArtEverydays: The First 5000 Days - BeepleSold for $69.3 million at Christie's in March 2021A mosaic of 5,000 individual digital images created by Beeple over 13 yearsCryptoPunk #7804 - Larva LabsSold for $7.58 million at Sotheby's in March 2021One of the rarest and most sought-after CryptoPunks, a series of 10,000 unique digital...
best selling nft
Oct 22,2024 at 09:18pm
Top 5 Best-Selling NFTsNFTs (non-fungible tokens) have become increasingly popular in recent years, with some commanding sky-high prices. Here is a list of the top 5 best-selling NFTs as of March 8, 2023:The Merge by Pak: This digital artwork by Murat Pak sold for a total of $91.8 million at Nifty Gateway in 2021. It is an interactive mosaic that incorp...
See all articles
