Enjin Coin & Future Gaming
Enjin began building a holistic ecosystem of user-first products that anyone can use to easily develop, trade, monetize, and market with blockchain and NFTs.
Pioneering creators, developers, and companies like Microsoft (Azure Heroes), Samsung (Samsung Blockchain Keystore), and BMW (Vantage), have integrated Enjin’s products and services. As of June 2021, over 800 million ENJ is owned by over 120,000 individuals worldwide (not including exchanges), with a market cap of $1.5 billion. Enjin approved by Japan's financial regulators and listed on CoinCheck in January 2021, making it the first gaming token approved for use in Japan under the JVCEA.
Non-fungible tokens (NFTs) are unique, and thus not interchangeable. NFTs can be sorted into two distinct types of assets: fungible and non-fungible. Enjin kickstarted the NFT revolution on Ethereum, creating the next-gen ERC-1155 token standard, and implementing it alongside a unique token infusion mechanism that now powers billions of digital assets on the blockchain.
The adoption of non-fungible tokens among individuals and companies across the world is growing at an increasing, thrilling pace.
While we already live in a blockchain-enabled world, utilizing NFTs has historically been difficult due to cost barriers, disorganized ecosystems, poor user experience and technical limitations.
Enjin’s vision is to build a scalable, cross-chain token network that would make creating, using and trading NFTs far more accessible, affordable and faster, thereby significantly increasing the volume of trade and adoption. This would enable NFTs to be utilized by virtually any industry, potentially unlocking trillions of dollars in currently illiquid and unique real-world and digital assets.
We call this network Efinity.
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