This is a long term hold coin.
Partners with the biggest gaming industry..
First utility coin listed by Swiss crypto Bank aside to BTC and ETH!
Enjin is also looking into CHINA markets and China has already certified enjin coin.
Do your own research. this will boom very soon with China market news.
Partners with the biggest gaming industry..
First utility coin listed by Swiss crypto Bank aside to BTC and ETH!
Enjin is also looking into CHINA markets and China has already certified enjin coin.
Do your own research. this will boom very soon with China market news.
Note
Another idea why i said ENJIN resembles Bitcoin..Enjin coin is being locked up whenever a digital asset is being created in Enjin Platform.. and destroyed once the item is to be destroyed...
1)
Consumer Trust
Owners can melt their assets back into ENJ, increasing confidence in the assets and faith in the projects that offer them.
2)
Certified Authenticity
The ENJ stored within assets proves their origin and guarantees their compatibility with the Enjin ecosystem.
3)
Real-World Value
The perceived value of digital assets is directly correlated with their ENJ backing, making ENJ an effective gold standard.
4)
Asset Scarcity
When existing assets are melted, scarcity increases, thereby lowering the supply and increasing their value.
5)
Tangibility
Unlike other digital assets, tokens backed by ENJ are created with something of value and can be destroyed anytime.
6)
Anti-Inflation
Because ENJ is a limited, valuable resource, backing assets with it is the only way to regulate asset creation.
Enjin is trusted and valuable, this makes it closely resembling gold/bitcoin. this is why Enjin is being listed in SCX crypto Bank Exchange in Swiss. Dont underestimate Enjin!
Note
As of now, there are about 52,260,520 assets being locked. roughly about 1.15%. Imagine this is only the early days of blockchain gaming. Enjin is not only available to gaming, this can be tokenized into ANYTHING in the world.. real world estate.. anything.the demand soars while assets being created and even more enjin being locked..what do we think price will happen? basic economics 101... it will run up.. and with bitcoin halving, this will create an even higher price due to scarcity.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.