This is the second post in the Behind the Coin series. We are bringing you information that may not be currently known to the public, asking questions of the company leadership to get you inside information, and today is no different. First of all, what…
This is the second post in the Behind the Coin series. We are bringing you information that may not be currently known to the public, asking questions of the company leadership to get you inside information, and today is no different.
First of all, what is Enjin Coin?
Enjin is a decentralized platform that allows users to create, manage, distribute, and trade virtual goods. Have you ever played a game and spent hours earning a rare item? What if when you finish the game, you could sell that rare item for monetary value, cash it out via the ENJ token for real money, or use it to buy an asset in another game? I think you know where I’m going with this. The Enjin platform allows you to buy, sell and create items in a virtual marketplace. You will now be an actual owner of amazing game assets.
Now let the big reveal begin. I spoke with the CEO, Maxim, today and he said “We are in partnering with GoDot Engine. Godot is an advanced, feature-packed, multi-platform 2D and 3D open source game engine that has been used by over 160,000 game developers across the world. Maxim also said “We’ll be working together with Godot to develop the official Enjin Coin cryptocurrency module for their game engine. Game developers building games with Godot will be able to utilize the closely integrated Enjin Coin module to add blockchain features to their game easily. Intuitive visual editors will also be developed to let game developers create and manage their game asset libraries and their trading parameters, reserve value, fees, and behavior in the game.”
Enjin’s market cap is currently at $17,245,046. GameCredits, Enjin’s current competitor has a market cap of $125,769,021. Enjin coin, in my opinion, is extremely undervalued.
Please give feedback in the comments on which coins you would like me to cover next.
Last modified: January 24, 2020 11:23 PM UTC