What is enjin?

Enjin Coin (ENJ) is an Ethereum token that aims to “make it easy for individuals, businesses, and brands to use non-fungible tokens

non-fungible tokens

A non-fungible token (NFT) is a financial security consisting of digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded.

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Non-fungible token - Wikipedia

(NFTs).” ENJ is used to directly back the value of NFTs minted within the Enjin ecosystem.

What is enjin used for?

Enjin's main use case is to enable users to manage and store virtual goods for games. These can range from in-game currencies to tokens representing unique game items like swords or accessories for characters.

Is enjin a good investment?

Is Enjin a good investment? It might be. Enjin demonstrated its ability to hook the gaming community during an action-packed 2021, and with the launch of Efinity, the Enjin ecosystem could see another eventful year in 2022. As ever, though, you should do your own research before investing.

What is the enjin blockchain?

Enjin is a software that gives developers the ability to create and manage virtual goods on the Ethereum blockchain.

Is enjin based on Ethereum?

The gold standard for digital assets. Enjin Coin (ENJ) is an Ethereum-based cryptocurrency used to back the value of next-gen fungibles and NFTs.

What is Enjin Coin (ENJ)?

Is enjin the future?

The Enjin is an innovative project in the world of cryptocurrencies and the NFT space. Enjin is one cryptocurrency that is going to have a smart and bright future. Riding the crypto wave, it is going to rule the cryptocurrency market, and so as a means of payment, it would have a long reign.

Is enjin a coin or token?

Enjin Coin (ENJ) is an Ethereum token that aims to “make it easy for individuals, businesses, and brands to use non-fungible tokens (NFTs).” ENJ is used to directly back the value of NFTs minted within the Enjin ecosystem.

Can enjin coin be mined?

Therefore, a miner, from his own home, will be able to mine Enjin Coin through a CPU, through a GPU or, with a much larger investment, through ASICS.

What games use enjin coin?

How high can enjin go?

ENJ is a digital store value and backs the value of blockchain assets like non-fungible tokens (NFTs). The altcoin is capped at a maximum supply of 1,000,000,000 tokens. After the blockchain technology became popular, Radomski, the Co-founder of the network decided to introduce the blockchain to Enjin.

Will enjin coin rise today?

According to our current Enjin Coin price prediction, the value of Enjin Coin is predicted to rise by 3.53% and reach $ 0.570596 by June 30, 2022.

Should I sell my enjin coin?

Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Enjin Coin is 'Strong Sell'.

Which cryptocurrency future is bright?

Cardano. Cardano continues to remain one of the most popular cryptocurrencies due to its flexible network and fast transactions. Claims to be more friendly to the environment, than other currencies.

How do you earn coins on enjin?

Is enjin coin on Coinbase?

Fortunately you can buy Enjin Coin with the Coinbase app anywhere Coinbase is available. It's quick, easy, and secure. Here's how to buy Enjin Coin with the Coinbase app for U.S. residents.

Who owns enjin coin?

Who Are the Founders of Enjin? Enjin is a growing project, co-founded by Maxim Blagov, CEO, and Witek Radomski, CTO. Enjin is a for-profit company that first started as a community gaming platform in 2009. The project launched an ICO in 2017, raising around $18.9 million in the process.

When was enjin coin launched?

Maxim Blagov and Witek Radomski originally founded Enjin as Enjin Network, a community gaming platform, in 2009. The company ventured into the blockchain industry in 2017 with an initial coin offering (ICO) of $18.9 million. In 2018, Enjin Network launched its own blockchain wallet called Enjin Wallet.

How does enjin wallet work?

Enjin wallet is a secure and easy to use mobile cryptocurrency wallet (iOS/Android). It's extremely simple to use and contains advanced features such as Dapp Browser, QR code airdrops and Cryptocurrency Exchanges. It's the most secure mobile wallet we've tested with a two-layer security encryption and secure keyboard.

When was enjin listed on Coinbase?

1inch (1INCH), Enjin Coin (ENJ), NKN (NKN) and Origin Token (OGN) are launching on Coinbase Pro. Starting Today Wednesday April 7, transfer 1INCH, ENJ, NKN, OGN into your Coinbase Pro account ahead of trading.

Who created enjin?

Enjin was founded in 2009 by Maxim Blagov and Witek Radomski.

What crypto Does Japan use?

Some industry executives said sophisticated traders have flocked to exchanges that do not have a license in Japan, such as Binance, partly due to the lack of options. The green list includes cryptocurrencies that are considered "widely handled in Japan," such as bitcoin, ethereum, XRP and Litecoin.

Is enjin a good project?

Enjin has had an absolutely remarkable 2021. The coin didn't experience much success in the first 3 years of its existence, but as soon as NFT gaming became popular, it skyrocketed. It started 2021 at about $0.13 and reached its all-time high of about $4.50 in November of the same year.

What is Japan's Bitcoin?

MonaCoin, or MONA, is a digital currency used predominantly in Japan. It was designed as a payment network for peer-to-peer transactions, bypassing exchanges or third-party involvement. The cryptocurrency was created in 2013 as a hard fork from Litecoin and generally uses the identical blockchain.

Does enjin coin have potential?

Technical Analysis of Enjin Coin

Granted the hype surrounding NFTs and the Metaverse, a coin such as ENJ is set to grow in days to come. ENJ coin has the potential to deliver 100X its all-time high by the end of 2022. The daily charts indicate a falling wedge pattern for ENJ price, which is a bullish pattern.