#ENJ is a cryptocurrency built on the #Ethereum blockchain and can be used on websites and online gaming platforms. Here is a detailed review of what Enjin Coin is and how it works:

Origin of Enjin Coin

Enjin was launched by Inj in Network, a platform founded in 2009 that brings together communities of gamers. Enjin, a well-known brand in the game developers and gaming world, launched Enjin Coin in 2017, at a time when cryptocurrencies and ICOs were becoming popular. Approximately 19 million dollars were raised during this ICO process.

#Enjin Coin is a digital currency designed especially for games and gaming platforms. You can earn ENJ in-game and use these ENJ to improve your in-game experience and buy digital products.

However, what distinguishes Enjin Coin from other cryptocurrencies is that large player communities support the project and these communities adopt Enjin Coin. As a company with many years of experience in the gaming industry, Enjin has integrated Enjin Coin into existing gaming platforms.

How Does Enjin Coin Work?

Players in online games spend large amounts of money on digital products used in the game. This is where the Enjin team comes into play. Thanks to blockchain technology, they make in-game trading more secure and transparent.

You can buy digital products in-game with ENJ or receive the rewards you win in ENJ. Most importantly, you can transfer the ENJs you earn to another game and use them in different games. This allows players to manage their digital assets with greater flexibility.

Additionally, game distributors can increase interest in their games and grow their player communities by giving ENJ rewards to players. ENJ functions as a payment and reward system that makes the economic ecosystems within the game more vibrant.

Advantages of Enjin Coin

As a platform with a long-standing player community, Enjin has large player communities that support the project. Additionally, its operation as an Ethereum-based ERC-20 token and support for ERC-1155 smart contracts has accelerated the adoption of Enjin Coin.

Enjin has attracted the attention of game manufacturers and distributors by collaborating with large companies such as Samsung, Unity, PC Gamer and similar companies. This means Enjin Coin will be used in more games.

As a result, Enjin Coin is a project that is a candidate to shape the future of the gaming and entertainment industry in the cryptocurrency world. Considering the size and potential of the gaming world, Enjin Coin is likely to play a significant role in this industry. However, it is important to carefully research and evaluate the risks before investing in cryptocurrencies.