Enjin Coin
ENJ$0.0183
Market Cap
$35.55M
Volume 24h
$3.28M
Vol / Market Cap
9.23%
Rank
#75
ENJ Price Chart
Enjin Coin is a blockchain platform focused on NFTs and gaming assets.
Enjin Coin is a blockchain platform focused on gaming and NFTs, enabling developers to create and manage digital assets.
A blockchain-based ecosystem for the gaming industry. It provides tools for developers to "melt" tokens into virtual items, giving in-game assets a guaranteed real-world value and making them portable across different games.
Gaming Asset Utility: Used to back the value of NFT-based game items, allowing players to "melt" their digital assets back into ENJ tokens to recover their value.
NFT Value-Backing: Used to "infuse" NFT items with real value. A sword in a game might contain 10 tokens; if the player no longer wants the sword, they can "melt" it to recover the tokens.
NFT market saturation has devalued ecosystem-specific tokens; high competition from cross-chain NFT platforms.
