Enjin (ENJ)


Enjin (ENJ)

You’ll see a lot of metaverse coins in games, and Enjin is no exception. It’s a metaverse-style gaming environment where you can “mint” the local token, ENJ, which you can then use to buy assets that will help you progress in the game. Everything in the game, from medicine to feature enhancement of your character, can be paid for with ENJ. So it’s also like a marketplace. Enjin is based on the Ethereum blockchain and has $543.67 million worth of market cap. Enjin recently launched the first-ever NFT parachain on Polkadot, making available over 100 games and apps. After reaching 500,000 wallets — each wallet representing a user — in May, Enjin has begun beta testing its Enjin Wallet 2.0.

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published on:August 10, 2022

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