Enjin Coin to Launch ENJ Excavators on March 5th
2024-03-02
Category: gaming

Coindar
Enjin Coin will be integrated into the upcoming mobile game ENJ Excavators, developed by Kepithor Studios. This integration, completed in a record-breaking two hours, sets a new standard for speed in the Web3 world. It empowers game developers with features like automatic signing of in-game transactions, streamlined player onboarding, and seamless integration of play-to-earn mechanics and token management. ENJ Excavators launches on Google Play on March 5th. 
 Refer to the official tweet by ENJ: 
ENJ Excavators completed its Enjin Blockchain Integration in just 2 hoursâ€¦ Is this a Web3 world record? 🤯@kepithorstudios is not stopping there. Theyâ€™ve also opened the portal for adoption by creating a Quick Start Guide that any game can use to adopt Enjin in hours.
Itâ€™s soâ€¦ pic.twitter.com/PBmQNXu3Vn
ENJ Info
Enjin is a comprehensive platform designed around the intersection of blockchain and gaming. Spearheaded by Enjin, this ecosystem offers a suite of interconnected gaming products with the Enjin Network at its core, where users engage in social gaming activities, including the creation of gaming websites, clans, chat forums, and virtual item storefronts.
Central to Enjin’s functionality is its ability to let developers tokenize in-game items on the Ethereum blockchain. Through this mechanism, real-world value is imparted to these digital assets, enabling their purchase, sale, and trade on integrated marketplaces. This digitization process does more than just virtualize items; it brings transparency, verifies authenticity, and guarantees the scarcity of the tokenized assets, enhancing their inherent value and utility across various applications.
Serving as the backbone of the Enjin ecosystem is the Enjin Coin (ENJ), an ERC-20 token. This digital store of value is integral to the creation and backing of blockchain assets, especially non-fungible tokens (NFTs). Every NFT produced within the Enjin platform has ENJ embedded within it, effectively locking this value and removing the corresponding ENJ from the general circulation. This system not only ensures that the assets possess inherent value but also provides liquidity and introduces an anti-inflationary model. Furthermore, Enjin’s distinctive “melting” feature grants users the option to dissolve their assets, subsequently reclaiming the intrinsic ENJ.