Enjin Coin
Name
Enjin Coin
Summary
-Enjin Coin (ENJ) is used to support the value of next-generation blockchain assets directly.
-It was founded by Maxim Blagov and Witek Radomski in 2009
-Enjin is an ERC-20 token.
Rating
Symbol
ENJ
Overview
Enjin Coin is a project of Enjin, a corporation that offers a blockchain-based gaming environment with related products. The Enjin Network is a social gaming platform that allows users to build websites and clans, communicate, and run virtual item stores.
Enjin enables game producers to use the Ethereum blockchain to tokenize in-game assets. It backs digital assets issued on its platform with Enjin Coin, an ERC-20 token, allowing them to be purchased, sold, and exchanged with real-world money.
Historical Price Movement (in INR)
Technology
Enjin uses the Ethereum network to confirm and protect ENJ transactions through a proof-of-work consensus process. Miners compete to add new blocks to the blockchain, and for a record to be recorded, it must be confirmed by a majority of the nodes in the network.
Use of native tokens in the ecosystem:
Enjin designed the open-source ERC-1155 token standard, which allows game editors to transform many assets into tokens that can be used in blockchain applications, such as currency, real estate, digital art, and gaming stuff.
Presale sold and gave away
50%
ICO
30%
Community initiatives
10%
Team members and advisors
10%
Volume (27th March 2022)
$94,335,166
Total Supply
1000000000
Circulating supply
872,224,705.57 ENJ
Crowd Sales
Enjin has raised $61.9 million in four rounds of investment. Their most recent funding came from an Initial Coin Offering round on July 1, 2021.
Funding
01/07/2021:ICO-$20M
04/06/2021:Venture round-$18.9M
22/10/2019:Series A- NA
28/08/2017:ICO-$23M
Country
Singapore
Name of Organization
Enjin
Year Incorporated
2012
Registered Address
16 RAFFLES QUAY, #33-03 HONG LEONG BUILDING, SINGAPORE 048581.
Dispute Resolution and Governing Law
Singapore
Country Risk Assessment
A1
Founding Team
Name | Designation | Education | Experience |
Maxim Blago | Co-Founder and CEO | University of Technology Sydney: Computer ScienceUniversity of Sydney: science, Computer Science | 13 Yrs |
Witek Randomski | Co-founder and CTO | NA | 12 Yrs |