ENJ

Enjin Coin price

ENJ
|
3.9/5
$0.349
-3.33%
1h
24h
1W
1M
1Y
All

Enjin Coin price live data

The current price of Enjin Coin is $0.349. Since 00:00 UTC, Enjin Coin has decreased by -3.33%. It currently has a circulating supply of 1,438,906,273 ENJ and a maximum supply of 1,797,695,959 ENJ, giving it a fully diluted market cap of $499.73M. At present, Enjin Coin holds the 92 position in market cap rankings. The Enjin Coin/USD price is updated in real-time.

Enjin Coin price performance in USD

Time periodChange amount%Chg
Today-$0.01 -3.33%
7 days-$0.08 -18.64%
30 days-$0.29 -45.14%
3 months-$0.16 -30.82%

Enjin Coin market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.319
Last price $0.349
24h high$0.454
Heat index ranking
230
Market cap ranking
92
Market cap
$499.73M
Favorited rate
Percentage of users who favorited this asset to all users
1.63%
All-time high
$4.85
-92.81% (-$4.50)
Nov 25, 2021 (3 years ago)
All-time low
$0.151
+131.67% ($0.198)
Oct 18, 2023 (6 months ago)
ICO date
11/02/2017
ICO price
The price at which this crypto was first traded
$0.00
Circulating supply
The amount of this crypto that is publicly available in the market
1,438,906,273 ENJ
Market cap at circulating supply
Market cap = Circulating supply × Last price
$624.34M
Audits
The audit data comes from partners that we have integrated with via API. Our partners conduct security assessments on the provided source code.
CertiK
Last audit: {date}

About Enjin Coin (ENJ)

Enjin is a cryptocurrency and blockchain platform that has gained attention in the GameFi industry. By utilizing blockchain technology and non-fungible tokens (NFT), Enjin aims to redefine virtual asset ownership for game developers and players.

What is Enjin

Enjin is a cryptocurrency and blockchain platform focusing on the gaming industry. It is designed to empower game developers and players by providing them with the tools and infrastructure to create, manage, and trade in-game items. Enjin is built on the Ethereum blockchain and utilizes NFTs to represent unique in-game assets.

The core objective of Enjin is to simplify the gaming experience for both developers and players using an array of tools like software development kits (SDKs), game plug-ins, wallets, and payment gateway platforms.

The Enjin team

Enjin is a Singapore-based company that has been active in the gaming industry since 2009. The team behind Enjin consists of experienced professionals in gaming, blockchain technology, and software development. Maxim Blagov is one of the project's co-founders and also serves as the CEO. Witek Radomski is the second co-founder and serves as the CTO. Other notable names include Oscar Franklin Tan, Enjin’s CFO and CLO, and Rene Stefancic, Enjin’s COO.

How does Enjin work

Enjin works by integrating blockchain technology into the gaming industry. Game developers can utilize the Enjin platform to create and manage in-game assets as NFTs. These assets can represent various items, such as weapons, armor, or virtual currency, that hold real-world value. Blockchain technology ensures the authenticity and ownership of these assets. Players can own, trade, and sell their in-game items on the Enjin marketplace. This provides a transparent and secure way for players to own their virtual possessions and monetize their gaming experience.

Enjin’s native token: ENJ

ENJ is the native cryptocurrency of the Enjin platform. It plays a vital role in powering the ecosystem and facilitating transactions within the network. ENJ has a limited supply, and it can be used by game developers to back the value of in-game assets. Each NFT minted on the Enjin platform is backed by a certain amount of ENJ, giving it intrinsic value.

ENJ tokenomics

Enjin Coin has a total supply of 1 billion tokens. The distribution of tokens is designed to support the growth and adoption of the platform. A portion of the tokens is allocated to the Enjin team, advisors, and early contributors. Another portion is reserved for marketing, partnerships, and ecosystem development.

Enjin Coin also includes a mechanism in its tokenomics called "melting." This feature allows users to destroy their in-game items in exchange for ENJ. Melting creates scarcity by reducing the supply of certain items, thus increasing their value. It also provides a way for players to convert unused or unwanted items into valuable cryptocurrency.

ENJ use cases

The ENJ token has several use cases within the Enjin ecosystem. It can be used to purchase and trade in-game items on the Enjin marketplace. Additionally, game developers can use ENJ to mint new NFTs, creating unique and valuable assets for their games. ENJ also serves as a means of incentivizing and rewarding community participation and engagement.

Distribution of ENJ

The initial token distribution of ENJ is as follows:

  • 40 percent: Private sale
  • 40 percent: Public sale
  • 10 percent: Team and advisors
  • 10 percent: Community, marketing, and partnerships

Revolutionizing gaming with blockchain technology

Enjin is a pioneering blockchain platform that aims to revolutionize the gaming industry. By utilizing NFTs and blockchain technology, Enjin empowers game developers and players by providing them with a decentralized and transparent marketplace for in-game assets. With its native token ENJ, Enjin creates a value-backed economy enabling players to own and monetize their virtual possessions. As the gaming industry continues to grow, Enjin is poised to play a significant role in shaping the future of gaming and blockchain integration.

Learn more about Enjin Coin (ENJ)

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ENJ FAQ

What is Enjin?

Enjin is a cryptocurrency and blockchain platform tailored for the gaming sector. It empowers game developers to seamlessly create, manage, and exchange in-game items using non-fungible tokens (NFTs). Furthermore, Enjin provides a transparent and secure ecosystem, granting players ownership and the ability to monetize their virtual assets.

What are the benefits of using Enjin?

Enjin ensures the authenticity and ownership of in-game assets through blockchain technology and NFTs. It also provides a decentralized marketplace where players can trade and sell their in-game items, opening up opportunities for earning real-world value. Additionally, Enjin incentivizes community participation and engagement, fostering a vibrant and active gaming ecosystem.

Where can I buy ENJ?

Easily buy ENJ tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include ENJ/USDT.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ENJ with zero fees and no price slippage by using OKX Convert.