Bitcoin Cash (BCH), Low Volatility but Rising Sunday: Is it Time to Cash Out?
Bitcoin Cash (BCH) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Digital Money has added 1.03% to $114.18.
5400
Enjin Coin
Home » Enjin Coin
what is Enjin Coin(ENJ)?
Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.
Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.
Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:
- Infuses them with a reserve value
- Ensures their transparency and scarcity
- Gives them instant liquidity
- Provides utility in games and apps
- Anti-inflationary
- Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.
The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.
Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.
In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.
Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.
Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.
What are the different types of cryptocurrency exchanges?
Binance、Coinbase Pro、OKEx、Kraken、Huobi Global、Bitfinex、MEXC
our pursuit
Latest Enjin Coin (ENJ) news, we cover Enjin Coin (ENJ) news and blockchain news.
Follow the continued development of Enjin Coin and the rise of a borderless, permissionless financial system. The evolution of the Enjin Coin industry, the best ways to invest in Enjin Coin, and how Enjin Coin futures impact blockchain adoption. How industry stakeholders will work to make Enjin Coin a mainstay in people's lives.
Follow us for the latest Enjin Coin news and Enjin Coin prices.
5400
$2 Billion in DOGE Now Held by Robinhood After Major Drop in Dogecoin Supply
According to a series of tweets recently published by wallet tracker @DogeWhaleAlert, anonymous wallets have transferred over 200 million Dogecoin between.
4794
Bitcoin price retreats as US core PCE inflation comes hotter than expected
Bitcoin price declined in response to the US core PCE inflation rate. The knee-jerk reaction from market participants increased the selling pressure o.
4859
5 Best Trending Coins on Dextools Today - Cryptonews
As the meme coin frenzy in cryptocurrency markets continues at a fervent pace, here are today's top trending coins on DEX Tools.
5691
What Happens to Bitcoin and Ethereum If the US Defaults on Its Debt?
The U.S. has never defaulted before. Interestingly, Bitcoin and Ethereum have seen more losses than stocks after a warning from Janet Yellen.
9182
Bitcoin's 'Ichimoku Cloud' Suggests Further Drop Toward $24K: Valkyrie Investments
According to a technical analysis by alternative asset management firm Valkyrie Investments, bitcoin's recent price slide may have legs and the largest...
3422
Bitcoin Just Got Attacked By A “Large, Unknown Miner”, What's Happening?
Bitcoin, the world's largest cryptocurrency network whose coin, BTC, is the most valuable, appears to have been hacked by an unknown miner.
8464
Bitcoin Below $27K as UK Core CPI Hits Highest Since 1992
Bitcoin slid under the $27000 level as traders react to U.K. inflation figures. The hotter-than-expected U.K. core Consumer Prices Index (CPI) rate came in...
4589
Does MetaMask Support Bitcoin?
One of the most popular crypto wallets available on the market, we answer whether or not MetaMask supports Bitcoin (BTC)
6112
Crypto exchange CoinDCX launches DeFi wallet with cognitive AI tech
Indian crypto exchange CoinDCX has launched its decentralised finance (DeFi) wallet Okto globally. The wallet comes with an in-built AI-driven multi-factor.
8298
Top 6 Cloud Mining Sites for Profitable Bitcoin Mining
Cloud mining of cryptocurrencies such as Bitcoin, Litecoin, Dashcoin and Dogecoin has become an increasingly popular method of generating passive income.
4699Popular Articles
1
How much can mobile phone mining earn in 2022? What are the ways to make money from mobile mining? In recent years, due to the popularity of virtual currency mining, many people have participated in it. However, the so-called virtual currency mining is a way to obtain digital currency, that is, to produce virtual currency. But now many mobile phones support mining. How much money can mobile phone mining earn in 2022?
2
Summary: The beleaguered crypto lender submitted 14,000 pages of transaction history to the bankruptcy court following an order common in such proceedings.Users
3
EUR/USD has gone into a consolidation phase early Thursday after having reached its highest level since mid-September at around 1.0100 during the Asia
4
European Central Bank (ECB) Chief Economist Philip Lane said on Friday, “wages will be the primary driver of inflation over the coming years.” Key quo
5
The year 2022 is coming to an end. Looking back on the ups and downs of the industry this year has become a historical footnote to the development of the industry, whether it is technological breakthrough, application innovation or ecological rise and fall. After two years of technology iteration and application innovation in 2020 and 2021, the development of the blockchain industry in 2022 also presents a different picture. This article will answer for you.
Label