The Enjin Coin is a project of Enjin, a company that provides an ecosystem aiming to create advanced virtual economies using blockchain technology. The Enjin Network is a social gaming platform through which users can create websites and clans, chat with their peers, and host virtual item stores.
Enjin Coin (ENJ), an ERC-20 token, is a digital store of value that is used to back the value of blockchain assets issued on Enjin’s platform. This means that users can convert their Enjin-based NFTs back to ENJ anytime. This allows game developers to tokenize in-game assets on the Ethereum blockchain. Overall, the entire Enjin ecosystem aims to provide products that encourage everyone to build, trade, monetize, and market with blockchain.
To learn more about Enjin and the ENJ token, you can click this link.
Coins.ph supports ENJ transfers through the Ethereum network / ERC-20 Network only. Sending funds through unsupported networks (such as BSC) will result in a permanent loss.