Enjin co-founder: Here’s a roadmap for replacing shadowbans in the metaverse
For all the hype around the metaverse, it is easy to forget it is still in its infancy. While the term has only recently entered the broad public consciousness, its impact on how we interact with technology is already expected to be deeply consequential. McKinsey & Company estimates that annual global spending within the metaverse […]
How will NFTs bridge traditional gaming with blockchain? Enjin's CTO Witek Radomski explains
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 […]
Cointelegraph Consulting: Gaming tokens usher in altcoin season
While Bitcoin remains in a cool-off period after thrusting to its all-time high in early November and the decentralized finance (DeFi) sector in an apparent dry spell, gaming tokens seem to have taken the spotlight as massive gains are seen across the industry. The Sandbox’ SAND captured headlines as it spearheaded the enthusiasm for gaming […]
Back to back all-time highs from AVAX, ENJ and EGLD suggest it’s ‘altseason’
Its been a rollercoaster week in the cryptocurrency market after volatility returned to shake up Bitcoin (BTC) price, pushing the digital asset to lows not seen since mid-October. As has happened frequently in the past, the drop in price of BTC was followed by a rotation into altcoins and the Altseason Indicator from Cointelegraph Markets […]
Enjin wants to decentralize its metaverse with new $100M fund
Blockchain gaming platform Enjin is establishing a new fund to support the development of the metaverse ecosystem and make it more decentralized. Enjin, a startup behind the nonfungible token (NFT)-focused blockchain Efinity, has formed a $100-million fund to support Efinity adopters as well as other related projects, the startup announced Thursday. “It is now time […]
3 reasons Enjin Coin price surged by over 30% in a single day
The price of Enjin, the native token of the blockchain gaming and NFT-focused project, has surged by more than 30% in the last 24 hours. There are three major factors behind ENJ’s strong short-term uptrend, namely the Coinbase listing, technical momentum and the interest around JumpNet. ENJ price chart since December 2020. Source: TradingView.com Coinbase […]
Bitcoin bulls return after BTC bounces at a key support level
A wave of selling took command of the cryptocurrency market on April 7 after Bitcoin (BTC) price dropped below $56,000. The market-wide sell-off led to $1.4 billion in liquidations and some analysts suggested that this could be the final sweep out of overleveraged long traders before Bitcoin can make a run higher to the $70,000 level. […]