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.

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Rating

A

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)

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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