I Just Invested $10.000 Into This Crypto - Enjin ENJ Cryptocurrency

I Just Invested $10.000 Into This Crypto - Enjin ENJ Cryptocurrency

In this video I am about to tell you why I decided to invest $10.000 in a crypto called Enjin Cryptocurrency. Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.

Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.

Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:

-Infuses them with a reserve value
-Ensures their transparency and scarcity
-Gives them instance liquidity
-Provides utility in games and apps
-Anti-inflationary
-Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.

Subscribe to Crypto Diary for more videos on crypto!

(00:00) Intro
(00:40) Enjin Coin
(02:00) Enjin Token
(02:40) How it works & how to mine?
(05:00) Jumpnet
(06:12) It's Roadmap
(07:20) Tokenomics
(08:03) Predictions
(8:45) Thanking

#Enjin #ENJ #Crypto