Enjin Coin is one of the few cryptocurrencies in the market that boast of having a real product attached to the asset. Many virtual currencies do not have a utility and are solely based on speculation and trading volumes to increase in value. Enjin Coin (ENJ) is a relatively new asset but it has achieved more compared to some other currencies that have been around for years now. Its technology is groundbreaking while it is based on real-world solutions, however, it does not promise to save the world. In retrospect, it makes online gaming a lot more enjoyable, reliable and even profitable.
- Enjin Coin Provides Intrinsic Value to Items
Enjin Coin has been designed to be a true gaming digital asset by adding value to online gaming ownership. It makes virtual goods in the gaming industry have true value. It strives to allow developers as well as content creators in the vast gaming industry to have a new true model of virtual ownership. The gamers now have the ability to trade the virtual assets they own from one game to another. Moreover, the assets can also be traded from one community to another. They have the Enjin digital wallet that is also mobile based to make the transfer of value easy and reliable.
- Secure Blockchain and Fast Reliable Transactions Using Efinity
Enjin Coin stores all the items and valuable data in blockchain which eliminates any chances of loss in the event gaming servers are shut down. The blockchain also removes the risks of fraudulent activities when trading Enjin items. Furthermore, Enjin Coins achieves fast transaction by utilizing Efinity. Efinity is a specialized off chain solution that Enjin has adopted to ensure that transaction are not only fast but also secure and reliable.
- Enjin Coin Gaming Community is Ever Growing
The Enjin Coin platform is simply the largest gaming platform in the world as of now. This has been made possible by the development of multiple servers. Significantly, the team already has about 250,000 gaming communities across the world. Moreover, they get relatively 60 million views per month besides having 18.7 million registered users. In addition to that, trading of virtual goods is able to rake millions of USD in sales every month.
- Enjin Team and Their Groundbreaking Innovations
Enjin has one of the most active team in the blockchain industry. They are very consistent when it comes to providing updates as well as upgrades. The initial demo for the most anticipated Unity SDK software has been released and developers have been allowed to test it and use it in their future creations. It has support for multiple languages while the payment platforms are entirely open-source. In addition to that, the team has recently announced the release of Enjin wallet. They refer to it as the most advanced cryptocurrency wallet.
- Enjin Coin (ENJ) Spikes 16% on Binance listing
Enjin Coin was added to Binance, the largest cryptocurrency exchange in the world on June 7. ENJ/BNB is the pair that is available for trading on the exchange. Similarly, the team has announced 1,000,000 ENJ give away to a lucky winner in a draw. The asset is also available for trading on OKEX, HitBTC, TIDEX, KuCoin, LiveCoin and EtherDelta among other exchanges.
Engine Coin (ENJ) is currently trading at $0.11, although it tested the resistance at $0.12 during the Asian trading hours on Friday 8. The asset has maintained an uptrend from lows of $0.09 and looks prime for gains towards $1.00. Considering the gaming industry, the top-notch team and the cutting edge developments from Enjin, this cryptocurrency has a higher chance of hitting $1 before the end of 2018.