Enjin has created a collection of integrated tools that make it easier to create, exchange, monetize, and market blockchain-based products. The Enjin Network, a platform for gaming communities with over 20 million users, was introduced by Enjin in 2009. Enjin started developing a suite of blockchain products in 2017 after a lucrative initial coin offering (ICO) garnered $18.9 million. These solutions make it simple for anybody to manage, research, distribute, and combine blockchain assets. Enjin's technologies enable game developers and studios to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. These products include the Enjin Platform, Marketplace, Wallet, Beam, and other tools and services. Enjin Coin (ENJ), an Ethereum-based cryptocurrency used to directly back the value of Enjin-powered blockchain assets, powers the Enjin ecosystem. It is constructed on Ethereum and adheres to the ERC-20 token standard. ENJ can be purchased and sold in exchange for fiat money or other virtual currencies.
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