Cryptocurrency and video games merge with the power of Enjin. Just like a real engine, you may not have noticed this amazing crypto. Still, this is one of the hidden gems you need for your portfolio this year!
First we will talk about how the Enjin network and its cryptocurrency got started. Next, we’ll explain the many changes it brings to online gaming. As you will see, Enjin coin is a good investment right now, mainly because of the bullish trend of the crypto market.
Online gaming is a huge industry these days and it is getting a boost from cryptocurrency. By mixing them both, never-before-seen features are possible. This is why Enjin is one of these cryptos that most people have not noticed.
How the Enjin began
Two great minds created the Enjin Network. Witek Radomski and Maxim Blagov started it in 2009. In the beginning, it was a community gaming platform. In 2017, the network took a step into cryptocurrency. It hosted an initial coin offering (ICO) for Enjin coin. The company wanted an ecosystem of user-first products. Tezos has gone up.
People will use it to easily create and exchange non-fungible tokens (NFTs). These are digital media whose ownership is linked to the blockchain. If you own an NFT, you have a unique one. No matter how many free copies there are, yours is special. Enjin also consists of five tools and solutions:
Platform – This tool allows you to create or “mint” tokens and NFTs yourself. In addition to digital art, Enjin allows you to create another currency! Enjin also lets you earn when users exchange digital assets.
Marketplace – After you finish creating them, you can place them on the Enjin Marketplace. Plus, you can browse other people’s works. Currently, the platform lists 1 billion assets and has sold over 832,700 of them.
Wallet – Before going to the market, you will need an Enjin Wallet. It is a digital cryptocurrency wallet that allows you to store various cryptos. Plus, you can use dapps (decentralized apps) and keep NFTs all within the wallet. You can download it on iOS or Android. Crypto overzicht is clear.
Beam – Your assets should not be kept in the Enjin network alone. Let everyone know with a Beam campaign. It involves sharing QR codes that link to your works.
Explorer – Allows you to see what’s latest for Enjin. It provides an overview of the recent projects, tokens and assets on the network. We mentioned one in another article. It’s called Azure Heroes, a joint project between Enjin and Microsoft!