News from Enjin

Sep 23, 17
Posted by Witek
Introduction to Enjin (Part 1 of 5)

Part 1 of 5

Enjin is more than than just Enjin Coin. If you came through our website or saw us mentioned on crypto media, you’re probably familiar with the basics of the coin. However if you’ve just arrived, Enjin Coin is a blockchain based solution that solves many long time issues with virtual goods. For example, things you’ve paid for that are licensed to you instead of owned by you or not having a secure, reliable third party system when trading out of game or even the need to trade out of game at all. However the Enjin brand is also known for more than just Enjin Coin, the business has been around for nine years and in this piece we’ll tell you about the original Enjin social network we built the business on  

What is Enjin Coin?

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Sep 18, 17
Posted by Witek
Enjin Coin Pre-Sale sells out at $12M!

SINGAPORE, September 18, 2017 - Enjin Coin, the Ethereum-based gaming cryptocurrency finished its token pre-sale with $12 million USD contributed in Ether (38,800 ETH). The company reports that 400 Million tokens were sold, with an additional 100 Million ENJ in bonuses. The transfer of the tokens will be locked until the public crowdsale finishes.

CEO Maxim Blagov reflected on their success, saying “We spent months getting feedback and planning out the important features gamers actually need. I think that’s why this has been so successful.”  He said that people are asking us about the upcoming October crowdsale every day now.

The popular website creation platform hosts over 250,000 websites and 18.8 million users at the time of writing. The highly anticipated Enjin Coin pre-sale reached its maximum token goal with over 4200 individual contributors.

“I can’t wait to combine blockchain with game assets, and to see the new experiences that games and Enjin communities can build,” said Witek Radomski, Technical Director at Enjin.

The last opportunity for gamers to get their hands on some Enjin Coins will be during the public crowdsale...

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Sep 7, 17
Posted by Witek
Press Release: Enjin Coin chooses Bancor for tokenizing game items

SINGAPORE, September 7, 2017 - Enjin has partnered with Bancor and announced their adoption of the Bancor protocol as a component of Enjin Coin, the Ethereum-based cryptocurrency for the game industry. Enjin Coin will be implemented with a Bancor Token Changer and become exchangeable with the rest of the coins on the Bancor Network. More importantly, all game items created on the Enjin Coin Platform will now have the ability to tie into the same network and benefit.

"Bancor will open up liquidity channels from gaming items to BNT and other smart tokens on the Bancor network." said Enjin CEO Maxim Blagov, adding: "It brings us closer to our goal of tokenizing all kinds of items for gamers and preserving their intrinsic value. Enjin is the first to use the Bancor platform in such a pioneering way."

A 2% reserve of ENJ and equivalent Bancor Network Tokens will be committed as reserve in the Token Changer (ENJBNT) to facilitate this liquidity network.

Game developers adopting Enjin Coin may eventually add hundreds of thousands of new ERC-20 tokens to the ecosystem, each unit backed by Enjin Coin reserve tokens. While the reserve ENJ tokens represent the "material cost", the true value of game items is defined by their gameplay properties inside the game.

As Bancor smart tokens, items can finally be traded with the full representation of their actual intrinsic value and user demand. B...

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Sep 5, 17
Posted by Witek
Press Release: Enjin Coin gaming token supported in Coinomi wallet for Android

SINGAPORE, September 5, 2017 - Enjin has partnered with Coinomi to natively support Enjin Coin (ENJ) tokens in the popular cryptocurrency wallet for Android. Coinomi will also be allowing one click contribution directly from their wallet into Enjin's ongoing pre-sale, which has already surpassed USD $5 million. Crowdsale contributions through the wallet will also be available during their upcoming ICO in early October.

"We are thrilled that Enjin Coin is taking off and being adopted into such a fantastic mobile wallet." said Enjin CEO Maxim Blagov. "This will increase awareness in the community and give users an easy way to transact and trade Enjin Coins after token distribution begins next month."

"It's a perfect fit;" said Coinomi CEO George Kimionis. "Enjin allows for true item ownership where users can bring or trade their assets from one game to another, and now these users are given the option to securely store and trade these assets inside the industry's leading multi-asset wallet that allows for true ownership with the private keys never leaving the users' devices. That might sound normal given the recent developments in the blockchain world but looking back a few years it's truly amazing how easy and secure this process has become, offering an unparalleled freedom never possible before."

The partnership will also introduce Enjin Coin to Coinomi partner exchanges Shapeshift and Changelly through their connected channels. This would allow for Continue reading

Aug 29, 17
Posted by Lilia
Blockchain for Gaming - Interview with the Enjin Coin CTO




Popular Cryptocurrency Youtuber and experienced Game Developer Boxmining sits down with Witek Radomski, CTO of Enjin to pick his brains about crypto in gaming. Enjin Coin will allow server owners and game developers to easily issue blockchain backed game items, creating an ecosystem for gaming items that go beyond a single server and even individual games. As excited as Boxmining was, he had some pressing questions about how the system would work and the incentives for game developers. He got the chance to ask Witek these hard questions!

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