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Enjin Coin (ENJ) Live Price,Market Value,News

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What is Enjin Coin (ENJ)?

Hello from our Enjin Coin (ENJ) Live Price, Market Value content, we will process Enjin Coin from Metaverse Coins in this content.Enjin is a project that aims to create a blockchain ecosystem of gaming products. Enjin Network, on the other hand, is a social gaming platform where users can create websites and clans, chat, set up virtual goods stores.Enjin is software that gives developers the ability to create and manage virtual goods on the Ethereum blockchain.The idea is that Enjin can use blockchain technology to manage in-game items across many different properties, helping to reduce the high fees and fraud that hinders the transfer of virtual in-game items and collectibles.To this end, Enjin has released software development kits (SDKs) that allow users to both create digital assets on Ethereum and integrate them into games and applications.Each minted asset can be customized to suit the desired platform and registered in a smart contract, giving the items the advantages of cryptocurrency i.e. speed, cost and security.The center for managing digital assets on its platform is ENJ, Enjin’s cryptocurrency, and each in-game item created in Enjin is assigned a value in ENJ.If you want to keep up with the project, Enjin informs users about the status of the roadmap through its official website and blog.

Who created Enjin?
Enjin is a non-profit company created in 2009 by co-founders Maxim Blagov and Witek Radomski as a community gaming platform.In 2017, Enjin launched an initial coin offering (ICO), raising approximately $18.9 million by selling ENJ tokens to build the new blockchain. Enjin went live in 2018.

How Does Enjin Work?

The main use case of Enjin is to enable users to manage and store virtual goods for games.These can range from in-game currencies to tokens that represent unique game items such as swords or accessories for characters.To create and destroy in-game items, developers complete the following five steps:

Acquisition – Developers buy ENJ
Minting – Developers design in-game items using purchased ENJ
Game – Players receive coins and use them for various functions within the game
Trading – Players trade coins among themselves
Meltdown – Players sell tokens for ENJ.
To enable these functions, the Enjin team has created several SDKs with kits focused on wallets and payment platforms. (These SDKs provide common functionality to create these items, minimizing the cost and complexity of creating virtual products.)

Along with its SDKs, Enjin has also created application programming interfaces (APIs) to help deploy these elements in-game.

Enjin Smart Wallet
Enjin has its own local wallet where players can store and trade items and connect all the features of the platform.

The wallet allows users to:

Evaluate their inventory, have them connect to multiple games and redeem their items on each platform.
Transact among themselves through Enjin wallet, i.e. they can trade coins and items outside of the game environment.Sell digital goods for ENJ.

How To Buy Enjin Coin (ENJ)

Are you ready to jump into the world of cryptocurrency and want to know where to buy Enjin Coin (ENJ) ?The largest exchanges currently traded with  Enjin Coin (ENJ)  are Binance , Kucoin , OKEx , Huobi Global , Gate.io and . You can find other exchanges that make listings .

Enjin Coin (ENJ) About

Contract0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c
Website
enjin.io
Whitepaper
ExplorersEtherscan Ethplorer
Wallets
Crypto.com – DeFi Wallet
CommunityReddit Twitter Telegram bitcointalk.org
Source CodeGithub
API iddenjincoin

1 ENJ to USDC (1 Enjin Coin to USD//Coin) Exchange Calculator

DISCLAIMER: Metaverseplanet.net does not give any investment advice. We would also like to point out that the products you will buy are high risk..

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3 Comments

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