Tag: Enjin

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Enjin secures $18.9M funding for Polkadot-based NFT blockchain

Amid the expanding nonfungible token metaverse, Enjin is set to debut the first-ever NFT blockchain built on Polkadot. Crypto exchange platform Crypto.com has reportedly led an $18.9 million private funding round for Enjin’s new NFT blockchain platform. Enjin announced the news on Wednesday with DFG Group, BlockTower and Arrington XRP Capital among other investors in…
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3 reasons why Enjin (ENJ) price has rallied 800% over the last month

New partnerships, the growing popularity of NFT art and the upcoming launch of JumpNet are just a few reasons why Enjin has rallied more than 800%. Nonfungible tokens (NFTs) have taken the world by storm as stories of record-breaking digital art sales now regularly appear on mainstream news outlets and popular culture.  One project that…
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Bitcoin bulls take a breather while BTC price slips below $55,000

Sellers pushed Bitcoin price below $55,000 even as record-high BTC futures open interest and optimism surrounding the issuance of $1,400 stimulus checks for Americans had traders anticipating a rally. Bitcoin price sold off on March 15 as bears pushed the price back into the mid-$50,000 range a few days after (BTC) hit a new all-time high above…
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Exchange listings and NFT boom back Enjin’s (ENJ) 52% rally to a new high

The growing popularity of NFTs and recent exchange listings helped lift Enjin Coin to a new all-time high. Non-fungible tokens (NFT) are rapidly becoming a focal point of the cryptocurrency market as evidenced by stories of millions of dollars being raised in minutes for one-of-a-kind tokenized art pieces and rare collectibles that traders rush to…
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New report predicts NFTs will explode in popularity during 2021

NFTs are pumping right now, with a new report identifying more NFT sales in the last 24 hours than during the entirety of 2020. Canadian-based analytics company NonFungible has released a report predicting that 2021 is poised for “a new Bull Market in the NFT industry.” Although NFTs have been around since ERC-721 was invented…
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Enjin Coin surges 71% after becoming first regulatory approved gaming token in Japan

The asset recently received the blessing of the Japanese Virtual Currency Exchange Association. On Jan 19, Blockchain-based Enjin Coin (ENJ) became the first gaming cryptocurrency to be legally authorized for trade by the Japanese Virtual Currency Exchange Association, or JVCEA. This coincided with a sudden 71% increase to the coin’s dollar value which occurred within…
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Atari joins the Enjin multiverse, bearing NFTs for ‘Kick Off’ reboot

Atari furthers its foray into the world of blockchain with another licensing partnership, this time bringing its IP to the Enjin platform. Gaming giant Atari has announced a collaboration with blockchain game ecosystem Enjin, which will see its iconic IP and licenses integrated into games within the Enjin multiverse. The first fruits of this collaboration,…
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‘Formula E’ racing title among four NFT-powered games announced today

Non-fungible tokens are booming, with Animoca Brands and Skymarch revealing upcoming gaming titles powered by NFTs. Blockchain gaming firm Animoca Brands has announced a licensing agreement with electric single-seater car racing championship Formula E to develop a blockchain-powered motorsports game featuring non-fungible tokens (NFTs). The Formula E game will utilize Animoca’s REVV utility token as…
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Minecraft Meets the Blockchain Thanks to New Plug-In

Enjin announced the integration of EnjinCraft into the popular video game to boost its blockchain solutions for the gaming industry. Blockchain game technology company, Enjin, announced that their plugin “EnjinCraft” is now available on the popular video game, Minecraft. According to the announcement made by Enjin, the blockchain plugin will allow players to integrate, trade,…
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Someone Just Minted a Doge-Themed Crypto Token Worth $129,000

A freshly minted non-fungible token backed by 1.15 million ENJ that pays homage to the Doge meme is now the most valuable ERC-1155 token in existence. A Doge-themed non-fungible token (NFT) now appears to comprise the most valuable ERC-1155 in existence. The NFT is backed by over 1,155,777.1 Enjin (ENJ) — worth approximately $129,000 at…
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