Data and Blockchain have a symbiotic relationship; many Blockchain projects focus on data that will lead to the rise of web3 and NFTs. Combining both of these forces is Enjin, one of the leading projects focused on data and web3.
Enjin can be used by everyday folks like us, businesses, and corporations for trade, web3, and monetization of NFTs. Enjin is involved with music, gaming, art, and other types of NFT projects. All transactions on the Enjin network happen through the popular Enjin coin. Enjin users can also manage their coins and NFTs through the Enjin wallet using simple QR codes.
Moreover, Enjin can push gas-free transactions through JumpNet to create a hassle-free experience for users of Enjin Wallet, Enjin Beam, and their marketplace.
Enjin’s coin was launched back in 2017 as an ERC-20 token on the Ethereum Blockchain. The native coin is used for purchasing, selling, or trading NFTs. The coin is listed on multiple exchanges and recently announced a key partnership with video game giant Square Enix, the makers of Final Fantasy games.
Witek Radomski, Enjin CTO: This partnership marks a coming-of-age phase for digital assets and entertainment; Square Enix, an esteemed developer with iconic intellectual property, is paving the way for the industry. By using Efinity, fans can experience interactive NFTs without even realizing they’re on the blockchain. Enjin can establish the next phase of growth in blockchain entertainment, merging curiosity and creativity.
Gaming is a big part of Enjin’s ecosystem; gamers can create their own Enjin Wallet and link to multiple games to trade NFTs and other collectibles. On the other hand, if you are a creator, Enjin facilitates you with its SDKs to build your own digital assets for video games and apps.
In-game assets you trade are valued in Enjin Coin, and the Blockchain has so far proven to be one of the most secure networks for users to store their assets. As for investors and hodlers, they can trade the coin on multiple exchanges, both CEXs and DEXs.
