Enjin: A blockchain gaming ecosystem

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The popularity and the impact of blockchain technology to the modern world is beyond imagination. It has influence many industrial sector and also made a great impact on financial and institutional sectors, film industry, medical profession etc. Besides it has also made a big impact on the gaming industry.  And enjin is one of the the biggest blockchain base gaming industry 

Introduction to Enjin

Enjin is a singapore based gaming platform established in 2009.  The company  had launched a gaming community platform called the Enjin Network at the same year and has, grown it to more than 20 million users over the course of a decade.

Enjin is considered to be one of the biggest gaming platform which is built under the Ethereum blockchain. It provides all the tools required by any  game developers inorder to forge a  blockchain games with an  advanced design, smart growth, and better monetization.

It also provides a market place for those who want to  discover, buy and sell those rare & unique blockchain gaming assets. One interesting thing about an enjin platform is the introduction of an ERC1155 token which is primarily for providing  fungible and nonfungible token in any gaming platform.

Enjin coin(ENJ)

Enjin has it own token called Enjin coin which is an Ethereum based ERC20 token. Currently it is ranked 57 in coinmarketcap with value of 0.17$. The  Enjin ecosystem is fueled by this Enjin Coin (ENJ). It is a cryptocurrency for virtual goods which is used by the game developers as a means of payment for the gaming item.  Each item in gaming interface worth certain value of enjin coin. This token can  be used to buy any gaming item from market store or trade them in an exchange.

Features provided by the enjine platform

Enjin is the platform for any game developers. One of the most important benefit any game developers can get from this platform  is that they can used enjin  to monitized their games . Enjin provides some fare cut of  revenue from buying and selling the gaming items in an exchange platform.  It also provides the simplest and easiest way to to bring blockchain in any gaming platform by tokenising all those gaming items like weapons, armours and other valuable gaming assets. Other features include

  • Enjin MFT 
  • Enjin wallet
  • Efinity scaling solution
  • Enjin beam
  • Enjin marketplace

Enjin Multiverse Founder's Token(MFT)

Enjin also introduces a membership token called Multiverse Founder’s Token (MFT). It  is a badge of honor that represents the reputation of the owner and their inclusion in the multiverse founders’network.

Multiverse is the most ambitious project in the Gaming industry powered by Enjin Coin. Where players are allowed to used their character in different game platform according to their level of performance.

Enjin wallet

Enjin wallet is another feature provided by the enjin platfrom. It is a Impenetrable, feature-packed, and convenient built for traders, gamers, and developers. It is one of the fastest crypto wallet which is available both in android and IOS. It offers 5 types of cryptos Enjin coin, BNB, ETH, LTC and BTC. Besides its also support ERC721,ERC20 ans ERC1155 token.

Efinity scaling solution

Efinity project is an upscaling solution developed by enjin which allows faster transactions between players and

game servers at high speeds and zero cost. It is designed to make people use  enjin the way  it was intended to be, by solving the scalability problem face by Ethereum. Currently it is in an early acess program

Enjin beam

Enjin beam is another unique feature in enjin platform which allows users to claim certain rewards by scaning the QR code .users can received award through beam in three ways 

  • Starting a beam campaign
  • Publish the QR code anywhere from social media networks, websites etc
  • People scans the published QR code with the Enjin Wallet app and receives their digital rewards.

Enjin Marketplace 

From the enjin marketplace user can easily search and purchase gaming items and collectibles and also sell their digital assets.More than 5 million Enjin Coin have been spent on digital assets from the marketplace.

Enjin team members

             Maxim Blagov(CEO)

The Enjin leadership team comprised of savvy entrepreneurs and tech industry experts, bringing decades of experience to a growing company. Its team is lead by Maxim Blagov as the CEO, Witek Radomski as CTO, Caleb Applegate as COO, ilija Rolovic as the CMO and Bryana Kortendick as VP for marketing and OP.

Conclusion

Enjin is trying to make its platform a one stop shop for all the game developers. Also they are  aiming to develop a solution against the problem face by gamers who are new in the blockchain gaming ecosystem.With lots of advance feature  and users friendly interface enjin will become the most powerful blockchain gaming platfrom in the near future.

Regulation and Society adoption

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