The total number of Enjin Coin (ENJ) issued is 1 billion. These tokens are mainly used to purchase and trade virtual game items on the Enjin platform and are non-fungible, ensuring the uniqueness of each token. The limited total amount of issuance helps maintain the value of the token, giving it a stable circulating market capitalization in the cryptocurrency market.
Total amount of enj coins issued
Answer: 1 billion
Enjin Coin (ENJ) is a cryptocurrency used in the gaming industry with a total issuance of 1 billion coins. The tokens were originally created in an initial coin offering (ICO) in 2017.
ENJ tokens are primarily used to purchase and trade virtual game items such as skins, weapons, and characters on the Enjin platform. Users on the platform can also create their own digital assets using ENJ tokens and store them in the Enjin wallet.
ENJ tokens are non-fungible (NFT), which means each token is unique and cannot be substituted for each other. This makes them particularly suitable for representing unique items in the game, such as rare items or collectibles.
The total amount of ENJ tokens issued is limited, which means it is impossible to create additional tokens. This helps preserve the value of the token and prevent inflation.
Currently, ENJ tokens have a high circulating market capitalization in the cryptocurrency market and are traded on many exchanges.
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