Land For Sale in Enjin

Enjin is a blockchain-based platform designed to allow the creation, storage, distribution, and integration of tokenized digital assets. To put it simply, it's an all-in-one tokenization platform. Focused on enterprise and gaming use cases, the platform enables users to create Enjin-backed digital assets, load them on the blockchain, and integrate them into apps and games. The digital assets can be anything, from digital vouchers to art NFTs, to items that can be used in multiple video games and apps, to commercial real estate.

The Enjin platform has a wide range of features through its public API and software development kits (SDKs). The platform's main project is virtual goods creation and management, which, as its name suggests, allows users to create and manage virtual goods. With this feature, developers can create and launch their own cryptocurrencies backed by the Enjin Coin. Another important feature that Enjin provides is multiple software development kits for Java, Unity, Godot, and more. With this multiple SDKs feature, millions of developers can easily integrate their new or existing projects.

Enjin was co-founded by Maxim Blagov and Witek Radomski, who is now the CEO and CTO of the company, respectively. The non-profit company started as a community gaming platform in 2009. Over the next decade, more than 20 million gamers worldwide used their first product, the Enjin Network.

The company held a successful ICO of Enjin Coin (ENJ) in 2017, raising around 18.9 million USD in the process. In the same year, they started developing a vision for NFTs, building a holistic ecosystem of user-first products where anyone can easily develop, trade, monetise, and market with blockchain. Enjin then went live in 2018, allowing anyone to jump into the world of blockchain, whether or not they have extensive knowledge of how blockchain works.

Enjin's products and services have been used and integrated by numerous creators, developers, and companies, such as BMW (Vantage), Samsung (Samsung Blockchain Keystore), and Microsoft (Azure Heroes). In July 2021, more than 800 million ENJ (Enjin Coin) was owned by over 125,000 people worldwide, with a market cap of 1.5 billion USD. Moreover, ENJ is the first gaming token approved for use in Japan under the JVCEA.

Unlike most other metaverses, Enjin doesn't sell digital land or property. Instead, it allows developers to use its tools to build games and tokenise both digital and real-world assets into next-gen NFTs. Some of the Enjin-backed NFTs that users can create, buy, sell, or trade include Art NFTs, Sports, music, and games. In addition, collectables like avatars and real-world assets like physical products and real estate can also be bought, sold, and traded on the platform.

Enjin uses dual tokens: Enjin Coin (ENJ) and Efinity Token (EFI). ENJ and EFI work in unison; each one has an important role within the Enjin ecosystem.

• Enjin Coin (ENJ) - ENJ is an Ethereum-based cryptocurrency. It's central to managing the digital assets on its platform. Users can use ENJ to infuse digital assets like NFTs since the coin powers them as they move across apps, games, wallers, and marketplaces. It's contained in every asset minted in the platform. Thus, it has real-world values that users can retrieve at any time through "melting."
• Efinity Token (EFI) - EFI is designed to fuel a decentralised metaverse. It is used for all transaction fees on the Efinity network, rewards, developer fees, and more.

1. A sizable user community - Enjin boasts a sizable community of investors and users. The project already had over 2.4 million active wallets and 1.1 billion total assets created at the time of writing. A huge community, combined with a highly active developer, Enjin will certainly grow bigger.
2. Numerous use cases - Offering multiple use cases that cut across industries, Enjin definitely has a strong case that gives it underlying value. Some of its use cases include the video game industry, big tech, the auto industry, DeFi, and even real estate. Numerous big brand names, such as Atari and BMW, has integrated Enjin's features and services on their platform.
3. Opportunities to earn income - With Enjin, players can easily build up characters in video games and get paid for all of their efforts by selling or trading them. Besides players, Enjin also provides developers with an easy way to integrate monetization options into their creations.