what's enjin?

Enjin is a blockchain platform focused on enabling the creation, management, and trading of non-fungible tokens (NFTs), particularly tailored for the gaming and digital asset industries. Launched in 2017, it provides a comprehensive ecosystem including a blockchain, wallet, marketplace, and API suite that allows developers to integrate true ownership of in-game items and digital collectibles. The platform bridges traditional gaming with Web3 by tokenizing assets on-chain, ensuring scarcity and interoperability across games and applications. At its core, Enjin operates its own Ethereum-compatible blockchain called JumpNet, which supports the ERC-1155 standard for efficient multi-token transactions. This standard allows for the minting of both fungible and non-fungible tokens in a single contract, reducing gas fees and improving scalability for high-volume use cases like gaming. Developers can use Enjin's tools to embed blockchain functionality directly into games via plugins for engines like Unity, enabling players to own, trade, and transfer assets seamlessly between virtual worlds and real-world marketplaces. Enjin's ecosystem emphasizes sustainability and user accessibility, with features like carbon-negative operations and user-friendly wallets that support multiple chains. It fosters partnerships with game studios and brands to bring blockchain adoption to mainstream audiences, focusing on practical applications rather than speculation.

Enjin saw highest negative netflows on Binance among altcoins, with net withdrawals by Jan 5, 2026.

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