Gaming community platform and virtual goods marketplace
Enjin enables people to build websites, forums, and apps for gamers. Since the launch of its token, Enjin Coin (ENJ), in 2017, the firm has since built out its own set of blockchain tools and services that allow people to build real-world value into virtual and gaming worlds. Enjin’s products can be particularly useful for dealing with non-fungible tokens, or NFTs, which are one-of-a-kind artifacts that can be bought and sold (a digital sword, for example, which could be used across games and sold through blockchains). It allows players to own their own game items and use them in different games that are integrated into Enjin.
The Enjin platform allows game developers to create virtual weapons, relics, foods, currencies, and art projects as in-game Ethereum tokens. Customers can buy and sell these in Enjin’s marketplace, and store them in Enjin’s wallet. Players can loan out their in-game items for a fee. Enjin even has a cool platform, called Beam, through which developers can set up QR codes to distribute rewards to players.