• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
Tuesday, March 28, 2023
Montgomery County News Online
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
No Result
View All Result
Home Technology Metaverse

Metaverse: EnJin Coin (ENJ). What Is Enjin Coin (ENJ)? | By The Writing Zone | Mar, 2022 – DataDrivenInvestor

metaverse:-enjin-coin-(enj).-what-is-enjin-coin-(enj)?-|-by-the-writing-zone-|-mar,-2022-–-datadriveninvestor
Share on FacebookShare on Twitter

1*ZWPY498pRbrRqmhZsBiY5w

Launched on the Ethereum mainnet in June 2018, Enjin Coin (ENJ) is an Ethereum-based cryptocurrency and a digital store of value utilised to back the value of blockchain assets like non-fungible tokens (NFTs).

It is a project of Enjin, a company that supplies an ecosystem of interlinked, blockchain-based gaming products.

Every asset minted with the Enjin Platform incorporates ENJ, a minted resource which is locked within NFTs and remove from circulation.

Enjin enables game developers to tokenize in-game items on the Ethereum blockchain.

Enjin uses Enjin Coin to back the digital assets such as NFTs issued utilising the Enjin platform, meaning that items can be purchased, sold and traded with real-world value

Users can use Enjin Coin can be used as a currency and the Enjin Wallet to buy, sell, and trade NFTs.

Enjin integrates with games and allows users to handle and store virtual goods for games. These can range from in-game currencies to tokens representing unique.

According to CoinMarketCap, Enjin Coin utilised a series of smart contracts to which game developers send ENJ to mint new, unique fungible or nonfungible ERC-1155 tokens which can be traded on the Enjin Marketplace.

Enjin Coin also utilises a series of both on-chain and off-chain processes.

Enjin Coin will take part in the development of the Metaverse which makes it a Metaverse cryptocurrency.

Enjin Coin has a fixed total supply of 1,000,000,000 ENJ tokens with 823,130,411 ENJ tokens in circulation.

At the time of writing, Enjin (ENJ) is trading at $1.61 with a market cap of over $1.4 billion.

Enjin Coin (ENJ) can be purchased on Uphold, Coinbase Exchange, Binance, Uniswap (V2), Gemini, Kraken, KuCoin etc.

Montgomery County News Online

© 2021 Montgomery County News Online

Navigate Site

  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer

Follow Us

No Result
View All Result
  • Home
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 Montgomery County News Online

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT