Enjin was launched in 2009 as the largest gaming community creation platform online, giving users real ownership and value. It provides an extensive list of features through its public API and software development kits for Unity, Java, Godot and more that millions of developers can integrate into their existing projects or create brand new ones. Since 2017, it has also become a leader in the NFT industry, allowing users to create their own.
The Enjin Coin (ERC-20 Token) cryptocurrency is built on the Ethereum network and has a modern content management system (CMS) designed specifically for gaming communities. Its smart contract platform gives game developers, content creators and communities the ability to launch their own cryptocurrencies backed by the Enjin Coin and manage virtual goods. Its online marketplace features over 10 million digital items that allows users to discover, buy and sell rare and unique blockchain assets.
Coins can be customized in the Enjin wallet interface. Online gamers can mint unique in-game items, currencies and privilege tokens using Enjin as the parent currency. Custom coins that gain value can be traded from game to game, growing digital wallets with real value. Gamers can bring or trade their assets. Then these assets can be converted back at the original exchange rate which they were minted.
Websites hosted on the Enjin Platform can link a specific wallet containing ENJ and other custom coins and list saleable assets. The wallet can also create and sell subscription services. Enjin Coin has a total supply of 1,000,000,000 ENJ tokens with only 823,130,411 ENJ tokens in circulation. Developers need to lock ENJ tokens in order to mint virtual items. When a player obtains these items, they can use them ingame, trade them, or even sell them for ENJ.