Market Cap: $3.2749T -0.800%
Volume(24h): $82.3686B -49.760%
Fear & Greed Index:

52 - Neutral

  • Market Cap: $3.2749T -0.800%
  • Volume(24h): $82.3686B -49.760%
  • Fear & Greed Index:
  • Market Cap: $3.2749T -0.800%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

What is the issue volume of ENJ coins? An article introduces the application scenarios of ENJ coins

The total issue volume of ENJ coins is 1,000,000,000, approximately 660,000,000 of which are in circulation.

Oct 05, 2024 at 07:24 am

What is the Issue Volume of ENJ Coins?

Enjin Coin (ENJ) is a cryptocurrency that is used to power the Enjin ecosystem, which is a platform for creating and managing blockchain-based games and virtual assets. ENJ is used to purchase in-game items, create game-related assets, and reward players for their contributions to the ecosystem.

Issue Volume of ENJ Coins

The total issue volume of ENJ coins is 1,000,000,000 ENJ. Of this amount, approximately 660,000,000 ENJ have been released into circulation, with the remaining coins being held in reserve by the Enjin team.

Application Scenarios of ENJ Coins

ENJ coins can be used in a variety of ways within the Enjin ecosystem, including:

  1. Purchasing in-game items: ENJ can be used to purchase in-game items, such as weapons, armor, and consumables. These items can then be used to enhance the player experience and progress through the game.
  2. Creating game-related assets: ENJ can be used to create game-related assets, such as tokens, collectibles, and artwork. These assets can then be sold to other players or used to create custom games and experiences.
  3. Rewarding players: ENJ can be used to reward players for their contributions to the ecosystem. This can include participating in tournaments, winning competitions, or creating high-quality content.

Conclusion

ENJ coins are a versatile cryptocurrency that can be used in a variety of ways within the Enjin ecosystem. With a total issue volume of 1,000,000,000 ENJ, there is a strong supply of coins available to meet the needs of the growing ecosystem. As the Enjin platform continues to grow and expand, ENJ is likely to become increasingly valuable, making it a worthwhile investment for those looking to get involved in the blockchain gaming industry.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

Why is NFT suitable for creators? How can artists use NFTs to make profits?

Why is NFT suitable for creators? How can artists use NFTs to make profits?

Jun 12,2025 at 09:42pm

Understanding the Role of NFTs in Empowering CreatorsNon-Fungible Tokens (NFTs) have emerged as a groundbreaking innovation in the blockchain space, particularly for creators and artists. NFTs offer a unique opportunity to tokenize digital assets, making them verifiable and tradable on decentralized platforms. For creators, this means being able to asse...

What are the ways to combine NFT and DeFi? How does mortgage lending work?

What are the ways to combine NFT and DeFi? How does mortgage lending work?

Jun 10,2025 at 10:57pm

Understanding the Intersection of NFT and DeFiThe non-fungible token (NFT) space has grown beyond digital art and collectibles, intersecting with decentralized finance (DeFi) to unlock new financial instruments. This integration enables users to leverage their NFTs in a permissionless, trustless environment. One of the most prominent ways these two ecos...

Why can some NFT projects increase in value in the long term? How to view practicality and empowerment?

Why can some NFT projects increase in value in the long term? How to view practicality and empowerment?

Jun 10,2025 at 05:35pm

Understanding the Factors Behind Long-Term NFT Value AppreciationThe phenomenon of certain NFT projects appreciating in value over the long term has intrigued both investors and creators within the digital asset space. Unlike traditional assets, NFTs (Non-Fungible Tokens) are unique and often tied to digital art, collectibles, or utility-based tokens on...

How to use tools to monitor NFT market trends? Which data indicators are the most critical?

How to use tools to monitor NFT market trends? Which data indicators are the most critical?

Jun 12,2025 at 08:02am

Understanding the NFT Market Monitoring ToolsTo effectively monitor NFT market trends, it's essential to use specialized tools that aggregate and analyze data from various blockchains and marketplaces. Platforms like DappRadar, CoinGecko NFT, and OpenSea Analytics offer real-time insights into trading volumes, floor prices, and project performance. Thes...

How to participate in the early casting of NFT projects? How to obtain the whitelist?

How to participate in the early casting of NFT projects? How to obtain the whitelist?

Jun 14,2025 at 09:00am

What Is Early Casting in NFT Projects?Early casting, often referred to as early minting or pre-minting, is a phase in many NFT projects where select individuals are allowed to mint (create) NFTs before the general public. This stage typically offers lower prices, exclusive benefits, and reduced competition, making it highly desirable for collectors and ...

Why do some NFT projects return to zero after release? How to identify rug pull scams?

Why do some NFT projects return to zero after release? How to identify rug pull scams?

Jun 13,2025 at 10:13am

Understanding the Volatility of NFT ProjectsThe rapid growth of the non-fungible token (NFT) market has attracted both genuine creators and opportunistic scammers. One of the most alarming phenomena in this space is when certain NFT projects drop to zero value shortly after launch. This sudden collapse often stems from a combination of poor project fund...

Why is NFT suitable for creators? How can artists use NFTs to make profits?

Why is NFT suitable for creators? How can artists use NFTs to make profits?

Jun 12,2025 at 09:42pm

Understanding the Role of NFTs in Empowering CreatorsNon-Fungible Tokens (NFTs) have emerged as a groundbreaking innovation in the blockchain space, particularly for creators and artists. NFTs offer a unique opportunity to tokenize digital assets, making them verifiable and tradable on decentralized platforms. For creators, this means being able to asse...

What are the ways to combine NFT and DeFi? How does mortgage lending work?

What are the ways to combine NFT and DeFi? How does mortgage lending work?

Jun 10,2025 at 10:57pm

Understanding the Intersection of NFT and DeFiThe non-fungible token (NFT) space has grown beyond digital art and collectibles, intersecting with decentralized finance (DeFi) to unlock new financial instruments. This integration enables users to leverage their NFTs in a permissionless, trustless environment. One of the most prominent ways these two ecos...

Why can some NFT projects increase in value in the long term? How to view practicality and empowerment?

Why can some NFT projects increase in value in the long term? How to view practicality and empowerment?

Jun 10,2025 at 05:35pm

Understanding the Factors Behind Long-Term NFT Value AppreciationThe phenomenon of certain NFT projects appreciating in value over the long term has intrigued both investors and creators within the digital asset space. Unlike traditional assets, NFTs (Non-Fungible Tokens) are unique and often tied to digital art, collectibles, or utility-based tokens on...

How to use tools to monitor NFT market trends? Which data indicators are the most critical?

How to use tools to monitor NFT market trends? Which data indicators are the most critical?

Jun 12,2025 at 08:02am

Understanding the NFT Market Monitoring ToolsTo effectively monitor NFT market trends, it's essential to use specialized tools that aggregate and analyze data from various blockchains and marketplaces. Platforms like DappRadar, CoinGecko NFT, and OpenSea Analytics offer real-time insights into trading volumes, floor prices, and project performance. Thes...

How to participate in the early casting of NFT projects? How to obtain the whitelist?

How to participate in the early casting of NFT projects? How to obtain the whitelist?

Jun 14,2025 at 09:00am

What Is Early Casting in NFT Projects?Early casting, often referred to as early minting or pre-minting, is a phase in many NFT projects where select individuals are allowed to mint (create) NFTs before the general public. This stage typically offers lower prices, exclusive benefits, and reduced competition, making it highly desirable for collectors and ...

Why do some NFT projects return to zero after release? How to identify rug pull scams?

Why do some NFT projects return to zero after release? How to identify rug pull scams?

Jun 13,2025 at 10:13am

Understanding the Volatility of NFT ProjectsThe rapid growth of the non-fungible token (NFT) market has attracted both genuine creators and opportunistic scammers. One of the most alarming phenomena in this space is when certain NFT projects drop to zero value shortly after launch. This sudden collapse often stems from a combination of poor project fund...

See all articles

User not found or password invalid

Your input is correct