✍️ 10 November, 2022 – 18:43 👤 Editor: Jakub Motyka
- Enjin Coin (ENJ) is an ecosystem designed for the creation, distribution, storage and trading of NFTs.
- The ENJ token is primarily used for their games and community tools. Will its price go up? What price will Enjin Coin (ENJ) have between now and 2030?
- The latest news about cryptos, in our Telegram channel.
Enjin Coin (ENJ) is an ecosystem specially designed for the creation, storage, trading and integration of NFTs, being a project with a positive price prediction for 2030. In general, It is a platform based on the Ethereum network, which managed to raise 18.9 million dollars during its ICO in 2017.
Using the various ecosystem tools, Enjin users can create ENJ-backed digital assets and use them creatively. These can range from digital works (NFT) to digital exchange vouchers.
Enjin Coin (ENJ) has also been used by larger companies to tokenize commercial real estate. However, one of the main attractions of the project is its community management tools.
What Is The Growth Of Enjin Coin (ENJ) Due To?
As we have said before, Enjin Coin offers different types of applications and tools for different gaming communities. Being a protocol built on top of the Ethereum network, it is capable of carrying out transactions and launching smart contracts. To do this, they have their own second layer solution, dubbed Efinity.
The Enjin (ENJ) platform offers an extensive list of functions through its APIs, among which is its own software development kit (SDK).
In this way, it allows the creation and management of virtual goods backed by its ENJ token. In other words, users can tokenize their assets by blocking, or taking ENJ out of the market.
What Is The Enjin Coin (ENJ) Price Prediction For 2030
It should be noted that Enjin Coin (ENJ) has a limited supply of 1,000 million, which will decrease as new users enter and create NFTs. In this way, the growth of their ecosystem will directly impact the supply of their token, and therefore its price.
With the different integrations of international companies to their project, as is the case of Unity and Microsoft, it is a matter of time before new applications come out for the ecosystem. An example of this is the use of the platform to manage the immense community of the popular game, Minecraft, which brings together more than 40 million users.
That said, the Enjin Coin (ENJ) token is currently in the $0.43 range. It is expected that during the next bullrun, it will break the dollar barrier in 2025. Likewise, some predictive models place ENJ above $3.6 in the middle of the 2030.
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