Enjin was founded in 2009, evolving from a gaming community platform into a comprehensive blockchain project in 2017. Its mission is to empower developers and gamers through a decentralized ecosystem that enables the creation, distribution, and integration of blockchain-based digital assets. The project's purpose is to revolutionize how gaming assets are created, owned, and transferred, fostering true digital ownership and interoperability across games and platforms. Enjin aims to build a future where blockchain assets improve gaming economies and user experiences worldwide.
Over the years, Enjin has grown into a leading industry player with strong partnerships, innovating blockchain standards for NFTs and multi-chain interoperability. Its goal is to be the primary blockchain solution for game developers, virtual goods traders, and crypto enthusiasts globally.
Enjin Current Price Data
As of the latest update, Enjin Coin (ENJ) is priced at approximately $0.50 USD per token with a market cap of around $600 million. The circulating supply is near 900 million tokens with a maximum supply capped at 1 billion ENJ tokens. Enjin's token price is influenced by gaming market trends, NFT adoption, and broader cryptocurrency market conditions.
| # | Metric | Value | Remarks |
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| 1 | Current Price | $0.50 USD | Price volatility aligned with crypto markets |
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| 2 | Market Cap | $600 Million USD | Mid-cap gaming blockchain token |
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| 3 | Circulating Supply | Approx. 900 Million ENJ | Majority tokens actively used |
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| 4 | Total Supply | 1 Billion ENJ | Max hard cap on token issuance |
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Enjin Technology Specifications
Enjin is built atop Ethereum’s blockchain protocol, leveraging its ERC-1155 multi-token standard optimized for gaming assets. This allows simultaneous transfers of fungible and non-fungible tokens, reducing gas fees and increasing transaction efficiency.
Key technology specs include:
- Smart Contract Standards: ERC-1155 & ERC-721 for NFTs
- Decentralized Asset Blockchain: Mint, store, and trade digital assets securely
- Enjin Platform SDKs: Supporting multiple game engines like Unity and Unreal
- Multi-chain Support: Expansion to Efinity and sidechains for scalability
These specs position Enjin as a robust foundation for blockchain gaming and NFT development.
Enjin Tokenomics
The Enjin token (ENJ) is a utility token embedded into digital assets on the platform. Each NFT minted with Enjin is backed by ENJ tokens locked within, giving intrinsic value to digital collectibles.
Tokenomics Highlights:
- Fixed max supply: 1,000,000,000 ENJ tokens
- Deflationary mechanism: Tokens are burned when NFTs are melted
- Wide Distribution: Used by developers, gamers, and marketplaces
- Integration: Used for in-game economies, minting, and trading assets
These tokenomics promote a sustainable ecosystem incentivizing asset creation and trading while controlling inflation.
Enjin Team Information
The Enjin team is led by founder Maxim Blagov and CEO Witek Radomski, who is also the lead inventor of the ERC-1155 token standard. The team consists of blockchain engineers, gaming veterans, product managers, and marketing professionals dedicated to advancing blockchain adoption in gaming.
The team's extensive experience in gaming communities and blockchain technology validates Enjin’s position as a trusted crypto project.
Enjin Use Cases
Enjin enables a variety of use cases in the blockchain and gaming sphere:
- Creating & Managing In-Game Assets: Developers mint NFTs backed by ENJ tokens
- Interoperable Digital Goods: Assets can be used across multiple games and platforms
- NFT Marketplaces: Buy, sell, and trade blockchain-based collectibles securely
- Metaverse Integrations: Powering virtual worlds with decentralized tokens
- Digital Wallets: Users securely store and manage their tokens and NFTs
Enjin Exchange Listings
Enjin is available on top cryptocurrency exchanges worldwide, ensuring liquidity and accessibility.
- Binance
- Coinbase Pro
- Kraken
- KuCoin
- Uniswap (DeFi)
Enjin Storage Options
Users can store ENJ and Enjin NFTs using various wallet solutions:
- Enjin Wallet: Official mobile wallet supporting tokens and NFTs securely
- MetaMask: Popular Ethereum wallet with NFT support
- Ledger & Trezor: Hardware wallets for enhanced security
- Trust Wallet: Mobile crypto wallet compatible with Enjin tokens
Enjin Market Analysis
Enjin operates in the growing blockchain gaming and NFT sector, which is expanding rapidly with the metaverse trend. Market analysis reveals strong potential due to:
- Rising adoption of NFTs in gaming
- Growing developer base using Enjin’s platform SDKs
- Increasing partnerships with mainstream gaming companies
- Competitive token with established ecosystem and liquidity
Latest Enjin News
Recent updates include:
- Launch of Efinity, a multi-chain NFT parachain on Polkadot
- Partnerships with major gaming studios for NFT integration
- Enjin Wallet updates with enhanced security features
- Increased institutional collaborations for gaming token economies
Enjin Educational Content
Enjin offers comprehensive educational resources for developers and users, including:
- Developer SDK Tutorials: Step-by-step guides for blockchain asset creation
- User Wallet Setup Guides: How to manage and secure Enjin wallets
- Webinars and Live Q&A: Expert sessions covering blockchain gaming trends
- Whitepaper and Technical Documentation: Detailed project insights
Enjin Investor & User Reviews
Here are sample impressions from users and investors:
- James Peterson: "Enjin’s technology is revolutionary for gaming assets. Easy to use SDKs and great NFT support." - 5 stars
- Sophia Garcia: "As a gamer, owning NFTs through Enjin gives me true asset ownership and versatile gameplay." - 4 stars
- Michael Chen: "Strong tokenomics and solid team with industry experience. Good long-term potential." - 4 stars
- Emily Johnson: "Exchange listings and wallet options are great, but I’d like to see faster transaction speeds." - 3 stars
- David Brown: "Innovative platform, although competition is rising, Enjin holds an edge in gaming." - 4 stars
Pros and Cons of Enjin
Pros:
- Strong focus on blockchain gaming with proven use cases
- Advanced technology including ERC-1155 token standard
- Wide adoption, partnerships, and exchange availability
- Dedicated wallets and developer SDKs simplify asset creation
- Deflationary tokenomics support asset value preservation
Cons:
- Dependent on Ethereum, subject to gas fees and network congestion
- Competitive market with multiple NFT and gaming tokens
- Scaling challenges being addressed via multi-chain efforts
- Price volatility typical of crypto assets
Tips for Enjin Users & Investors
Practical guidance includes:
- Use official Enjin Wallet for secure asset management
- Stay updated on market trends and partnerships
- Research token fundamental and technological developments
- Diversify investments and monitor crypto regulation
- Engage actively in Enjin’s community for latest insights
Enjin FAQs
What is the Enjin crypto project?Enjin is a blockchain platform designed for creating and managing gaming assets as NFTs backed by the ENJ token, emphasizing secure ownership and interoperability.
How safe is it to invest in Enjin tokens?While Enjin is well-established with strong technology and partnerships, crypto investments carry risk. Always do your own research (DYOR) and only invest what you can afford to lose.
Which wallets support Enjin coin and NFTs?Enjin Wallet (official), MetaMask, Trust Wallet, Ledger, and Trezor are popular storage options supporting ENJ tokens and Enjin NFTs.
Where to trade or buy Enjin cryptocurrency?You can buy and trade ENJ tokens on major exchanges like Binance, Coinbase Pro, Kraken, and decentralized exchanges such as Uniswap.
Does Enjin have partnerships with gaming companies?Yes, Enjin collaborates with various gaming studios and metaverse projects to integrate blockchain assets and NFTs into gameplay and virtual worlds.
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ClipsTrust Expert Note
Enjin is a credible and innovative crypto project that addresses real-world problems in gaming asset ownership and blockchain adoption. Its strong technology infrastructure, including ERC-1155 tokens and developer-focused SDKs, positions it uniquely in the market. ClipsTrust recognizes Enjin for transparency, developer engagement, and ecosystem growth, making it a project worth monitoring by blockchain enthusiasts, gamers, and investors. Always remember to DYOR as crypto investment carries inherent risks.
For detailed technical insights, whitepaper and more visit the official website at https://enjin.io.
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| # | Feature | Benefit | Remarks |
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| 1 | ERC-1155 Multi-token Standard | Lower fees, batch transfers | Supports fungible & non-fungible tokens |
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| 2 | Official Enjin Wallet | Secure holding & NFT management | User-friendly with mobile support |
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| 3 | SDK for Game Developers | Easy integration with game engines | Supports Unity, Unreal, and more |
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