Enjin is beyond doupt one of the biggest and most innovating names in the world of crypto gaming for years now and there are many reasons behind this.
Enjin introduced #NFT's before it was cool back in 2017 via their ERC-1155 tokens, the community is huge and really active and some of the best blockchain games out there like "Lost Relics" or "The Six Dragons" are utilizing Enjin to mint their in-game items.
ENJ is an ERC-20 token so transfering NFT's is almost impossible due to high ETH gas fees so here's what the Enjin team came up with.
Announcing "JumpNet" & "Efinity"
JumpNet
JumpNet is exactly what Enjin powered games needed. A way to transfer your ERC-1155 and Enjin coins for free between your wallet and games.
JumpNet will launch on April 16th and users will be able to :
- Move Enjin Coin from Ethereum to JumpNet
- Send and receive Enjin Coin and ERC-1155 tokens for free
- Mint ERC-1155 tokens for free
- Trade ERC-1155 tokens for free
- Distribute Enjin Coin and ERC-1155 tokens via QR codes for free
- Automatically distribute ERC-1155 tokens from your app or game for free
No more gas fees for buying/selling in-game items and this means a ton more transactions in Enjin powered games.
Efinity
Efinity will enable users, developers, and enterprises to harness NFTs and next-generation token features with zero friction and will provide multi-chain interoperability to every decentralized network.
If I understand this correct then everyone will be able to transfer #NFT's and tokens across blockchains fast, secure and with low (or zero) cost! THAT'S HUGE!
Very little have been announced regarding Efinity so we will have to wait. If you want to read more about these 2 upcoming Enjin updates then take a look at their official blog
Is this a good time to buy ENJ?
I can't answer that question but I am definitely NOT selling my ENJ.
#NFT's is one of the hottest things in #blockchain right now and these scaling solutions Enjin team announced will help everyone get involved with #NFT's at 0 cost.
On another note, #ENJ is now listed on GMO Coin—the second Japanese exchange to support Enjin Coin since its approval by the Japanese government and this definitely had an impact in the price of #ENJ.
I personally can't wait until the launch of "JumpNet" so I can finally start trading my Lost Relics Items but until then I am gonna keep playing them Enjin games and stack more and more of those #NFT's.
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@Knowhow92
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