What is Enjin Coin (ENJ)?

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3 Feb 2024
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What is Enjin Coin (ENJ)? Enjin Coin is a token using the ENJ ticker built on the Ethereum Blockchain. It can be defined as a digital currency that can be used on websites and online gaming platforms. Enjin is a startup founded in 2009 with a gaming community platform called Inj in Network. Enjin brand is a well-known brand in the game developers and gaming world.In 2017, when cryptocurrencies and ICOs were popular, they produced Enjin Coin, a token that can be used on the platform and in games, and collected approximately 19 million dollars through the ICO. Enjin Coin is a digital currency used in games and gaming platforms. Just as you can earn ENJ in games, you can increase your membership level in the game with these ENJs you earn, and you can also purchase digital products, digital objects and game items in the game. Unlike its competitors, Enjin Coin has a large player community that supports the project to ensure its adoption in the market. As a company that has already existed in the gaming industry for years, it has adapted Enjin Coin to existing gaming platforms. How Does Enjin Coin (ENJ) Work? Players in online games spend millions of lira on digital products used in the game (e.g. alte, weapons, characters, clothes, etc.). The Enjin team uses blockchain infrastructure to make this trading easier and more reliable. While you can buy digital products with ENJ in the game, you can also exchange the rewards you earn into ENJ. ENJs earned from one game can be transferred to another game and used there. Game distributors giving ENJ as a reward to players is a good marketing method that increases interest in their games. It is especially useful for introducing new games to players and increasing the number of users in online games. In order for players to do what we mentioned above, they must have an ETH-based wallet. In this way, the player can manage all their ENJs as they wish, independent of the game. Advantages of Enjin Coin Enjin has been a platform for gamers since 2009 and has reached a player base of over 20 million, which has enabled it to start one step ahead of similar game-related projects. The fact that ENJ is an ERC-20 token on Ethereum instead of its own blockchain and that it supports ERC-1155 smart contracts has accelerated its adaptation. The agreements Enjin has made with companies such as Samsung, Unity, PC Gamer and others have attracted the attention of game manufacturers and distributors. This means we will see ENJ tokens in more games. How to Buy Enjin Coin (ENJ)? Contrary to popular belief, buying Enjin Coin with Turkish Lira in Turkey is a very easy and fast process. You can buy Enjin Coin without needing any technical knowledge or official documents. You can easily buy Enjin Coin in three steps from our "Buy Enjin Coin" page on our website, or you can read our more detailed article "How to Buy Enjin Coin?"

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