X Number of people following @Enjin : 508,000
Long-term holding: three stars ★★★
Growth potential: Four stars ★★★★
Enjin is the largest online gaming community creation platform, gaming focused content management system and forum creators, each community store sells millions of dollars of virtual goods every month.
Enjin Token (ENJ) is a digital value store that supports blockchain assets such as NFTs.
Each NFT asset minted by the Enjin platform contains ENJ tokens, which are locked inside the NFT and removed as the NFT assets circulate.
Users of the platform include players who collect art and coupons. Blockchain games allow players to become the true owners of virtual assets and trade them freely.
Features of ENJ:
1. It can be used directly inside the game to purchase various game assets. Since it is used within the game, there is no need to use a third-party trading platform. You can directly use the game’s original prop mall, transaction and other ready-made systems, etc., which saves development costs and reduces the waiting time for items to arrive, which is even greater. Reduces the risk of fraud caused by third-party transactions.
2. Can be circulated in different games. The assets players obtained in the previous game can be converted into Enjin coins and continued to be used in the next game.
3. Enjin coins have actually become the standard for measuring the value of different game assets. Users can easily judge the value of different assets by comparing their Enjin prices.
4. Enjin coins can be used in the incentive mechanism of player communities and forums to encourage players to produce relevant content, which can improve the user stickiness of the game. Especially for sandbox games, it can stimulate players' creative enthusiasm.
Supply: 1 billion
Circulation: 1 billion
Circulation rate: 100%
Circulation market capitalization: $486 million
Maybe because I prefer playing games, I have a natural affinity for such user-friendly projects.
The project is well positioned and has a lot of followers. It can be seen from the official tweet that the project team has begun to layout cross-chain and exchange between different currencies, and the ambition is not small.
In terms of sectors, NFT, chain games, Metaverse, and WEB3.0 are also very good.
If the circulation rate is 100%, it will be more technical and more disciplined.
From a technical point of view, the overall fluctuation trend is still very regular, and you can refer to it through technical aspects.
Personally, I feel that there will be good performance in this bull market.
Currency: #enj
Type: medium and long term
Buy point 1: 0.46
Buy point 2: 0.35
Buy point 3: 0.27
Selling point 1:1
Selling point 2: 1.3
