Enjin Coin (ENJ)

$0.061252 (-7.09%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
84 $47,578,100.00 $2,286,410.00 776,756,000 ENJ 95 -7.09% -3.13% $4.34

Exchange Pair Volume (24h) Price

Background

Enjin was founded in 2009 as a company offering easy website creation and hosting for gamers. Enjin's community platform is popular with guilds, clans, and servers for a number of games. Now, Enjin is using Ethereum to empower the true ownership of in-game assets.

Technology

Other games allow their players to craft, trade, and own items in inventories. From skins to loot to custom weapons, gaming has long been familiar with the concept of players "owning" their items. On further inspection, however, what ownership do players actually have over these inventories? What guarantees do they have as to a particular item's rarity or authenticity? Let's unpack ownership.

In a traditional game, your inventory exists as some data stored in a file or database on your computer or a game developer's server. You might be able to trade this item with your friends or craft it into new items. You might even be able to sell that item for real money in a marketplace somewhere. However, you never really control the data that represents the item. A game's servers could shut down some day and your item would simply vanish.

Enjin has built a solution where player's finally own their items. Players alone have final control over their items and nobody, not even Enjin, can ever take them away.



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