- Enjin (ENJ) supports the ERC-1155 Ethereum token standard, which lets developers integrate fungible and non-fungible tokens into one smart contract.
- The company also plans to release the blockchain SDK for its open-source game engine, Godot, in Q2, 2020.
Enjin (ENJ) announced that it has successfully launched its game development platform on Ethereum. This platform allows game engineers to use the decentralized inventory to integrate blockchain-based gaming and non-gaming assets. They can also manage economic gameplay mechanics.
In a press release, Enjin CEO Maxim Blagov said:
Our platform is designed to integrate seamlessly into new and existing games alike, providing a competitive edge to studios of all sizes and across all genres.
CTO Witek Radomski expressed his optimism about the launch saying:
For the last 12 years, minting, deploying and managing blockchain assets has been a challenging process that required specialized knowledge, but this all changes today.
The Enjin platform supports the ERC-1155 Ethereum token standard, which enables developers to integrate fungible and non-fungible tokens into one smart contract. Enjin noted that over 2500 projects have been developed on their testnet and have adopted the ERC-1155 standard. The platform uses its own token, Enjin coin (ENJ), which is used as a “minting resource” to back the value of in-game assets. The company also plans to release the blockchain SDK for its open-source game engine, Godot, in Q2, 2020.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.