Enjin Coin (ENJ)

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Average Ratings

Risk?

Measures absolute and relative price fluctuations over several time frames and other variables.

★★☆☆☆
Roi?

Calculates returns in comparison to moving averages and other factors.

★★★☆☆
Tech?

Measures the ability to scale, upgrade and other technological weaknesses or strengths.

★★★★★
Team?

Evaluates public acceptance, participation of developers and other key factors.

★★★★★
Total
★★★☆☆

Website:

https://enjincoin.io

Social:

Risk: 2 Star

Enjin wants to become the unified cryptocurrency used by the online gaming world. The inherent risk with this strategy manifests itself in two types of scenarios. First, ENJ will become obsolete quickly if game makers (such as Microsoft, EA, Nintendo, Steam, and Sony) decide to create their own cryptocurrency. Second, ENJ’s mission will become frustrated if large video game companies only adopt the top cryptocurrencies as acceptable on their platform.

ROI: 3 Stars

While it’s easy to envision the gaming world accepting cryptocurrencies as a payment form on their platform, it’s harder to envision Enjin Coin beating out bitcoin, ethereum, or monero as an acceptable cryptocurrency. However, Enjin Coin was specifically built with the intention of becoming a gaming currency and it does much more than just acting as a currency.

Tech: 5 Stars

Enjin Coin boasts superior features over other regular cryptocurrencies.

  • SDKs for the Game Industry
  • Gaming with True Item Ownership
  • Avoid Fraud and High Fees
  • Create and Manage Virtual Goods
  • Item Trading Economies
  • Smart Wallet

Team: 5 Stars

Enjin Coin has secured partnerships with PC Gamer and NRG eSports. These partnerships not only validate the Enjin Coin business plan but also act as a springboard into partnerships with larger game creators.

Overall

Enjin Coin plans to merge the gaming world into a single cryptocurrency. Created by gaming community platform Enjin, the coin will allow developers to tie virtual items to the Enjin blockchain. Developers can base the value of in-game items on the value of an Enjin Coin. Meanwhile, gamers can hold all of their virtual items inside the secure Enjin wallet.

 

Risk: 2 Star

Enjin wants to become the unified cryptocurrency used by the online gaming world. The inherent risk with this strategy manifests itself in two types of scenarios. First, ENJ will become obsolete quickly if game makers (such as Microsoft, EA, Nintendo, Steam, and Sony) decide to create their own cryptocurrency. Second, ENJ’s mission will become frustrated if large video game companies only adopt the top cryptocurrencies as acceptable on their platform.

ROI: 3 Stars

While it’s easy to envision the gaming world accepting cryptocurrencies as a payment form on their platform, it’s harder to envision Enjin Coin beating out bitcoin, ethereum, or monero as an acceptable cryptocurrency. However, Enjin Coin was specifically built with the intention of becoming a gaming currency and it does much more than just acting as a currency.

Tech: 5 Stars

Enjin Coin boasts superior features over other regular cryptocurrencies.

  • SDKs for the Game Industry
  • Gaming with True Item Ownership
  • Avoid Fraud and High Fees
  • Create and Manage Virtual Goods
  • Item Trading Economies
  • Smart Wallet

Team: 5 Stars

Enjin Coin has secured partnerships with PC Gamer and NRG eSports. These partnerships not only validate the Enjin Coin business plan but also act as a springboard into partnerships with larger game creators.

Overall

Enjin Coin plans to merge the gaming world into a single cryptocurrency. Created by gaming community platform Enjin, the coin will allow developers to tie virtual items to the Enjin blockchain. Developers can base the value of in-game items on the value of an Enjin Coin. Meanwhile, gamers can hold all of their virtual items inside the secure Enjin wallet.