What is Enjin Coin?
Enjin has enabled smart contracts to run on its blockchain and has a variety of features on its API and SDK network. The platform has been crafted for the gaming industry to incorporate video games, decentralized applications (DApps) games, eSports and rewards. It’s a flexible free platform for creating, integrating and ensuring that scalable tokenized gaming assets are available to their users. This way, the Enjin team hopes, fees and fraud prevalent in the virtual goods space will be reduced if not eliminated.
Enjin has three main features the Virtual Goods, Payment Gateway and Smart Wallets. Enjin coin brings the gaming community the value of virtual goods and assets that developers create in this platform is recorded on a single registry smart contract and it is recognized by all Enjin Smart Wallets. The Enjin Smart Wallet is where users can trade coins and assets outside the gaming environment. The payment gateway through SDK network allows one to create customized carts, invoices and refunds.
Their native token, ENJ is a utility token and can be purchased with the BTC and ETH on Binance and can be traded on Kucoin. The beauty of ENJ being an ERC20 token means it can be stored on any Ethereum supported wallet.