Harga Enjin Coin Hari ini ENJ to IDR

I think it is the best among the types of encrypted currency wallets. Your private keys, giving access to your assets, remain safe in a certified secure chip. On top bitcoin brokers: reviews of that, Enjin has a limited supply, with the maximum supply locked to 1 billion. The project launched an ICO in 2017, raising around $18.9 million in the process.

The Enjin initial coin offering , executed in 2017, raised approximately $18.9 million, with the Enjin network subsequently launching in 2018. Circulating supply shows the number of coins or tokens that have been issued so far. Enjin Coin is an Ethereum-based cryptocurrency used to back the value of next-gen fungibles and NFTs. These items are used to deliver advertising that is more relevant to you and your interests. They may also be used to limit the number of times you see an advertisement and measure the effectiveness of advertising campaigns. Advertising networks usually place them with the website operator’s permission.

More about Enjin Coin

The future of cryptocurrencies Cryptocurrencies have emerged as an attractive investment option in recent years, capturing the imagination of investors despite their high volatility. As a result, this cryptocurrency with constant adoption has shown very significant growth in the short term. Enjin has new and valuable features that make them exceptional among competitors. Enjin has even created application programming interfaces or APIs which can help deploy the items in-game.

Users can create new video games or design items that can be sold and used across multiple different video games, without having to write any blockchain code. Being backed by the korean exchange bitcoin cryptocurrency online trading means that custom-made currencies can reap the benefits offered by blockchain while keeping their unique identity based on the game they are made for. The platform offers its own token supply models in case the users do not want to code their own smart contracts. These projects merge the highly popular fields of cryptocurrency and video games to create an opportunity for gamers to earn money while doing their thing. The platforms’ native currencies are often used within their ecosystems to buy characters and weapons and may be earned as rewards for accomplishing game tasks.

What is cryptocurrency Enjin (ENJ) Coin and how does it work?

The team held a successful ICO in late 2017 in which they raised ~$35 million between the private and public rounds. Although it’s still a young project, the team spent the last quarter of 2017 building the Platform API, any experience with poloniex crypto exchange Mobile Smart Wallet, and a Java SDK alongside creating a Minecraft plugin. They’ve got plenty in store for 2018, but the highlights include various platform plugins, the Efinity release, and numerous other SDKs.

Creation of custom virtual goods will also drive down the number of ENJ coins in circulation, thus protecting the underlying economy and value of the Enjin ecosystems in the long run. Apart from this core purpose and the fact that it can integrate with multiple gaming platforms, ENJ can be used just like any other cryptocurrency and can be traded across crypto exchanges. Considering the maximum number of use cases in the gaming industry, ENJ allows gamers to store unique game items such as characters or accessories in the form of bespoke tokens, which can then be liquidated for ENJ when needed. Allowing users to manage NFTs and crypto through the Enjin wallet, lets them share NFTs through simple QR codes and provides them access to a dedicated marketplace to trade and collect rare NFTs. All transactions in the Enjin ecosystem are powered by the native Enjin Coin token and the platform offers the functionality of managing all digital assets through a simple mobile app. ENJ is built on Ethereum network in accordance with the ERC-20 token standard, which means that it can be used in transactions and smart contracts.

ENJ Price Today

Driving global conversations around decentralized infrastructure, the Enjin community is committed to working in tandem with legislators, regulators, and other governing bodies. Enjin Coin is an Ethereum-based cryptocurrency used to directly back the value of next-generation blockchain assets. Strategic partners of the project are cross-platform game engine provider Unity and well-known online gaming magazine PC Gamer. The main competitors of the project include GameCredits (a blockchain-based digital currency aimed at gaming communities) and Worldwide Asset eXchange . Back in 2018, Enjin platform announced the creation of the Efinity network as its response to the scaling issues which are often mentioned in the context of the blockchain. It is described as the “Lightning Network Made for Gaming” and is based on the network of game channels which perform transactions between millions of players and game servers.

• The market capitalization of a cryptocurrency is its current price multiplied by its circulating supply .
• With a maximum supply limit of 1 billion tokens, ENJ’s value is poised to appreciate as demand for the token increases amid the backdrop of scarcity in supply.
• This storage is often necessary for the basic functionality of the website.
• Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated.
• In 2020, the firm also launched the Enjin Platform, which allows game developers to integrate blockchain tokens into their games without needing to learn blockchain coding.

If that’s not an option on your exchange of choice, you can consider exchanging your ENJ for Bitcoin or another cryptocurrency that you can later exchange for fiat currency. The crypto market is unpredictable, so you should always exercise caution when investing into any cryptocurrency. If you are a complete beginner in the crypto world, consider starting with a smaller investment.

Who Are the Founders of Enjin?

Enjin’s vision has resulted in the development of a scalable and cross-chain token network that is making the process of minting, trading and converting NFTs into tangible token value that is very user-friendly. Additionally, it has made NFTs far more accessible and affordable, with faster and cheaper transactions leading to a significant increase in the overall NFT trading volume. Team Enjin ensures the development of the entire gaming community facilitating progress in the crypto and blockchain technology space. Enjin Network is encouraged at every level on a global footprint to enhance use cases. Backed by a team of experts who are passionate about making it a tremendous success beyond boundaries with the empowerment of technology.

• Enjin Coin is an Ethereum-based token that seeks to simplify the use of non-fungible tokens by people, organisations, and brands.
• They are infused with a reserved value, and they ensure that the assets have scarcity and transparency.
• Notably, Enjin offers multiple software development kits for widely used languages and platforms, including Godot, Java, and Unity, facilitating streamlined NFT integration and adoption.
• This means that the ENJ tokens enable developers to mint items when it comes to gaming on the ENjin platform throughout different environments.

This triggers investor response and Enjin offers a great deal of motivational sentiment in the market. No wonder the token shows a constant rise consequently and goes in favor of trading advice. Enjin enhances privacy for users by encrypting sender, amount, and recipient data within single-signature transactions published to its public blockchain ledger, specifically for transactions involving shielded addresses.

About Enjin

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• Some of those projects will be on its newer Efinity blockchain, as will other games and applications.
• Own 30+ cryptoassets on an easy-to-use platform, and share in the knowledge of 25m+ users.
• If you are looking to buy or sell Enjin Coin, FMFW.io is currently the most active exchange.
• The minting process can also be reversed, as every item can be transformed back into coin.
• The mining setup is almost the same as with Bitcoin, or other cryptocurrencies mined with an ASIC unit or a GPU .