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Enjin Coin (ENJ), launched in 2017, is a cryptocurrency designed to serve the gaming industry, enabling the creation and management of virtual goods. Originating from Enjin, a company with a strong foothold in gaming community platforms, ENJ resides on the Ethereum blockchain as an ERC-20 token. It powers the Enjin ecosystem, designed to offer gamers and developers the ability to trade, monetise, and incorporate blockchain assets into games with ease. Central to its model is the process of minting game items, where ENJ is infused into in-game tokens, rendering both tangibility and scarcity. This native tokenisation process provides real-world value to virtual objects, offering inherent trust and transparency due to blockchain's immutable nature.
