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Since its founding in 2009, Enjin has been deeply involved with the gaming industry. The same year, the company launched a gaming community platform called the Enjin Network and has grown it to more than 20 million users over the course of a decade. In 2017 following a successful ICO that raised $18.9 million, Enjin established itself as a leading blockchain ecosystem developer, building a suite of user-first blockchain products that enable anyone to easily create, manage, trade, store, explore, distribute, and integrate blockchain assets.
Built on top of a robust on-chain infrastructure and comprised of the Enjin Platform, Explorer, Wallet, Beam, and other tools and services, the Enjin ecosystem empowers gamers with true ownership of digital assets and enables game industry businesses to increase revenue, gain a competitive edge, and innovate in previously impossible ways. Forged in gaming, Enjin's tools and services can also be used by companies of all sizes and industries seeking to create blockchain products or utilize tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), an Ethereum-based cryptocurrency used to directly back the value of next-generation blockchain assets.
PERFORMANCE YEAR-TO-DATE: *
At the time of writing, Enjin is down 70.27% off its all time high achieved November 25, 2021.
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* Sources: Cryptoranki.io, Coinmarketcap.com
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