Enjin Coin

Enjin is a cryptocurrency created by the Enjin Corporation in 2017. 1 Enjin Coin is an ERC-20 token, meaning it can be sent and received using an Ethereum wallet. Enjin's technology, on the other hand, does more than only deal with that one currency.

What is Enjin Coin?

Enjin's parent firm is situated in Singapore, and it works with businesses to help them build their own solutions using the Enjin platform.

How does it work?

Enjin is meant to work with games; you may use Enjin Coin as a money and buy, sell, and trade NFTs with the Enjin wallet. MMORPG users, for example, can purchase an item in Enjin that can be used in various games and is readily traded or sold in an online marketplace.

Use in practice

Many cryptocurrencies are merely a form of currency, analogous to a dollar or a gold brick in terms of transacting and storing value. Enjin Coin is also transferable, but its use case for games, NFTs, and other assets and apps on its platform is more specialized.

How can I earn?

Items available for purchase in the Enjin marketplace can be used in games such as Lost Relics and Spirit Clash. To transfer things to other players, you'll need ENJ. This makes it more viable than competing currencies like Dogecoin, which lack a built-in use case.

Website

Visit the official cryptocurrency website. It contains detailed valuable information about the coin and the project. You'll also find answers to frequently asked questions, various support and training tools, or interesting coin news and articles.

WhitePaper

WhitePaper is a basic informative document that contains a detailed description of a crypto project, its purpose, the idea of its creation, technical specifications, statistics, diagrams, roadmap, and other important facts, including information about the coin and its use and future potential. It is usually created by the founders or developers of a crypto project.