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Enjin Coin (ENJ)
2.44%
$ 0.030505
$ 0.000744
⇣ 0.029650
16 Jan
⇡ 0.031386
What is Enjin Coin (ENJ)?

Enjin Coin, abbreviated as ENJ, is a token built on the Ethereum Blockchain. It can be defined as a digital currency that can be used on websites and online gaming platforms.
Enjin was established in 2009 as a gamer community platform called Enjin Network. The Enjin brand is well-known among game developers and within the gaming world.
In 2017, a year popular for cryptocurrencies and ICOs, they created Enjin Coin, a token that could be used within their platform and games, and raised approximately 19 million dollars through an ICO.
Enjin Coin is a digital currency used in games and gaming platforms. You can earn ENJ in games, and with the ENJ you earn, you can increase your membership level within the game, as well as purchase digital products, objects, and game items.
Unlike its competitors, Enjin Coin's advantage lies in its adoption in the market, supported by large gaming communities. As a company that has been in the gaming industry for years, it has adapted Enjin Coin into existing gaming platforms.
How Does Enjin Coin (ENJ) Work?
Players in online games spend millions on digital products (e.g., gold, weapons, characters, clothing, etc.). The Enjin team uses blockchain infrastructure to make this trade easier and more reliable.
You can purchase digital products with ENJ within the game, and you can also convert your rewards to ENJ. ENJ earned from one game can be transferred and used in another game.
Game distributors giving ENJ as a reward to players is a good marketing strategy to increase interest in their games. This is particularly useful for introducing new games to players and increasing the number of users online within the game.
For players to do what was mentioned above, they need to have an Ethereum-based wallet. This way, players can manage all their ENJ independently of the game.
Advantages of Enjin Coin
Being a platform for gamers since 2009 and reaching a gamer base of over 20 million has given Enjin a head start over similar gaming-related projects.
ENJ being an ERC-20 token on its own blockchain instead of Ethereum and supporting ERC-1155 smart contracts has accelerated its adoption.
Enjin's agreements with companies like Samsung, Unity, PC Gamer, and others have attracted the attention of game producers and distributors. This means we can expect to see ENJ tokens in more games.
How to Purchase Enjin Coin (ENJ)?
Contrary to what one might think, purchasing Enjin Coin with Turkish Lira in Turkey is a very easy and fast process. You can buy Enjin Coin without needing any technical knowledge or official documents.
Enjin Coin (ENJ)
2.44%
$ 0.030505
$ 0.000744
⇣ 0.029650
16 Jan
⇡ 0.031386
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