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Turkmenistan
2 Level
54 Review
410 Karma

Review on Enjin Coin by Ogulnar Annamuhammedova

Revainrating 4 out of 5

Enjin is a built content management system (CMS) for the gaming community.

The most common use of Enjin is for building community / clan / guild sites. Modules built on the Enjin platform, such as the Wiki page, ticketing system, message board, and application system, allow users to create a customized website specifically for their communities.

Enjin is set to introduce Enjin Coin (ENJ), which gives game developers, content creators and gaming communities the currency and tools to implement and manage virtual goods.

Through the introduction of ENJ tokens, Enjin will develop a framework for open source software development kits (SDKs), wallets, game plugins, virtual item management applications, and payment gateway platforms to support the ENJ ecosystem.

Based in Singapore, Engin was founded in 2009. According to the Whitepaper, Enjin is the largest platform for building an online gaming community with the following user base / usage data:

* 250,000 gaming communities in thousands of games.

* 18.7 million registered and 3.5 million active

gamers.

* 60 million global views per month.

* Millions of US dollars per month in sales

virtual goods through Enjin community stores.

Within 6 months of the ICO and the rollout of the ENJ wallet and core features, the coins are expected to be slowly released to approximately 30,000 verified gaming communities in Engin.

The Bounty Early Engagement Program will be created for any game, server or community that starts using an ENJ coin with a proven track record of monetizing game content.

Enjin Coin aims to become a common currency among the several games that implement it, ensuring the portability and portability of virtual goods and digital assets.

ENJ badges can be used for a variety of things, including:

* Trade between in-game items from the same or

another game for liquidity.

* Tie community awards with game

goods on servers or games.

* Create new markers for presentation

virtual currencies, game elements or

privileges.

* Setting up a virtual goods store.

* Ability to use the marker in any

community or game and retain value.

Since ENJ tokens can be used to perform various actions on the Enjin platform, the more use of ENJ tokens and the integration of ENJ tokens on the Enjin platform, the more important ENJ tokens should be.

Concern:

Presentation Investors receive (1) a much more favorable conversion rate of $ 0.03 per ENJ (or roughly 1 ETH = 10,000 ENJ versus 1 ETH = 6,000 ENJ in a public fold) and (2) a bonus ranging from 5 to 50% depending on the size of the deposit. This means that a preliminary participant base can cost as little as 40% of the price that public focus group participants must pay.

Pros
  • The gaming industry is huge and growing rapidly.
  • The team behind Engine has grown from scratch on the website with tons of traffic, which indicates the team's ability.
  • Enjin will be introducing ENJ tokens to their communities pretty quickly, so ENJ tokens are likely to be pulled in in the near future.
Cons
  • the potential is very large, but I believe there are many technical difficulties with integrating ENJ markers into different games.