[Blockchain 101] What Is Enjin Coin? Enjin Coin Explained
1 min read · · Korean original
Hello! This is Bitpunk. Today I made a video about Enjin Coin. In the video, you can learn what Enjin Coin is, what problem it is trying to solve, and how it goes about it.
To explain a little in place of the video: Enjin is a coin built for the gaming industry. Developers build games on the Enjin platform, and in-game items and the like are created using Enjin Coin. Naturally, the value of those items becomes tied to Enjin Coin, and since it is also linked to Ethereum, game items can be traded even outside the game.
Enjin is a project run by a huge gaming community platform based in Singapore. Its total supply is 1 billion coins, with 760 million in circulation. It surged on the news that it would be included in Samsung's cryptocurrency wallet, and as of the time of writing, it ranks 58th by market cap.
