Price
$0.23368
24h% change
19.6%
Volume (24h)
$58.449M
Market Cap
$413.909M
Enjin Coin, a cryptocurrency developed by Enjin, is tailored for virtual goods within the gaming realm. Enjin, heralded as the "largest online gaming community platform," hosts over 250,000 gaming communities and boasts 18.7 million registered gamers. The Enjin Coin is specifically crafted for the gaming industry, aiming to be the most user-friendly cryptocurrency within this sphere. The initiative encompasses the Enjin Coin alongside a suite of software development kits (SDKs) for seamless integration into games and communities. By infusing blockchain into gaming, Enjin aims to tackle issues like high fees and fraud prevalent in virtual goods transactions.
Operating as an ERC20 token on the Ethereum network, Enjin Coin possesses smart contract capabilities and serves as an early participant in testing Ethereum’s Raiden Network, akin to the Lightning Network. Leveraging a public API and SDKs, the Enjin Coin platform offers a multitude of features, prominently enabling the creation and management of virtual goods. Developers can easily establish a custom currency for their community, backed by Enjin Coin, ensuring blockchain benefits while retaining platform-specific customization.
Enjin, the driving force behind Enjin Coin, is a colossal online gaming community creation platform founded in 2009, boasting 60 million monthly views and processing millions in transactions within their community stores. Enjin Coin deployment spans the entire Enjin CMS platform, encompassing over 250,000 gaming websites. Supported by advisors like Anthony Diiorio (Ethereum co-founder) and Pat LaBine (former producer and technical director at Bioware), Enjin has forged partnerships with Unity, PC Gamer, and NRG eSports. The project’s successful ICO in late 2017 raised approximately $35 million across private and public rounds.
Enjin's roadmap for 2018 includes various platform plugins, the Efinity release, and several SDKs. The project integrates TopLists, a tool enabling user-ranking of games, servers, and teams via a decentralized smart contract mechanism, incentivizing list creators with tokens for user engagement. Enjin Coin ambitiously aims to merge online virtual gaming with decentralized technologies, with its success contingent on time and its ability to fulfill its promises.
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Enjin Coin’s historic highest price is $4.82, which was recorded on 25th of November 2021. Currently, Enjin Coin’s price is %95.2 Lower than its historic high.
Enjin Coin’s historic lowest price is $0.01866, which was recorded on 1st of January 1970. Currently, Enjin Coin’s price is %1150.4 Higher than its historic low.
Let's take a look at the important factors that impact Enjin Coin's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.