What is Enjin Coin?
Learn more about Enjin Coin (ENJ), the gold standard for digital assets.
Enjin Coin (ENJ) is an Ethereum-based cryptocurrency used to directly back the value of next-generation blockchain assets.
Every digital asset created with the Enjin Platform is an ERC-1155 token backed by ENJ. The native ERC-1155 token standard was created by Enjin's Co-founder & CTO Witek Radomski. To date, over 1 billion Enjin-powered blockchain assets have already been created.
Enjin Platform interaction structure
Minting blockchain tokens with ENJ provides a variety of benefits to creators and users:
  • Infusing tokens with residual value
  • Ensures the transparency and scarcity of tokens
  • Gives tokens instant liquidity
  • Enables the utility of tokens in games and applications
  • Anti-inflationary
  • Melting feature that allows users to destroy blockchain tokens at any time in order to retrieve the ENJ value from such token.
You can find more details about Enjin Coin through our blockchain explorer page here
If you wish to purchase Enjin from a trustworthy exchange, you can also reach out to our website with a list of exchanges that has Enjin Coin listed.
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