Enjin Coin (ENJ)

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Developed on the Ethereum blockchain, ENJ is used in many ways within the Enjin ecosystem. Each asset minted with the Enjin Platform gets infused with ENJ, which is removed from circulation and stored within the asset. This provides a reserve value for each asset and enhances its value proposition. This process also certifies the digital asset's originality and scarcity. ENJ itself also has a limited supply underpinning its potential value growth.