How will NFTs bridge traditional gaming with blockchain? Enjin's CTO Witek Ra...
"There's also a hugely untapped mountain of gold in gameplay possibilities with NFTs," says Radomski. When it comes to nonfungible tokens, or NFTs, the subject is often a hit or miss for traditional gamers. While some players welcome the idea of being able to trade in-game digital collectibles for real money, others lament that NFTs could potentially take away the inherent entertainment built within games. So can NFTs contribute any additional value to traditional games, other than turning them into play-to-earn "moneymakers?"To answer this, Cointelegraph Markets Pro spoke to Enjin's chief....
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As an ERC-20 compatible token, Enjin, a cryptocurrency introduced by the Enjin corporation, may be transmitted and received using an Ethereum wallet. What is Enjin and what are its main features?With blockchain-based nonfungible tokens (NFTs) powering the rise of Web3, a number of NFT-based projects are gaining significant importance, as they provide the technological means of assembling important data on blockchains in a visually appealing manner. Related: Nonfungible tokens: How to get started using NFTsLeading among them is Enjin, a world-class blockchain software co-founded by Maxim....
The blockchain gaming platform, Enjin and Metaverseme, an augmented reality (AR) platform are set to introduce tradeable AR fashion assets to the Ethereum blockchain. The Enjin-powered non-fungible token (NFT), which can be worn by users’ avatars in the Metaverseme app, will launch on February 23. Revolutionary Apps and Games According to a statement, the Metaverseme app will allow users to quickly snap selfies in the real world and generate hyper-realistic avatars. The AR mode maps users’ real-world environment, where their digital avatars can be brought to life as they wear....
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 the private sale.Dubbed “Efinity,” the platform is an NFT blockchain built on Polkadot that will reportedly offer greater scalability for participants in the expanding NFT space.Detailing the technical specifications of the new....
Fans can pre-order Final Fantasy VII’s 25th-anniversary figures at the Square Enix store, while the digital collectibles will be available in 2030. Game development giant Square Enix partnered with nonfungible token (NFT) platform Enjin (ENJ) to launch a digital and physical collection featuring Final Fantasy VII, a highly popular video game series. In an announcement, Enjin said that to get the NFTs, fans must pre-order Final Fantasy VII's 25th-anniversary products at Square Enix's store. The products will include a code to the digital collectible counterpart which can be redeemed at the....
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, according to a Dec. 10 blog post from the company, will be a range of cosmetic nonfungible tokens, or NFTs, for use in a brand new addition to the legendary football game franchise, Kick Off.The original Kick Off was released in 1989 for....