In Conversation With The Enjin Team- Understanding The Gaming Blockchain

Anisa Batabyal
| 02 August, 2019 | 2 min

This time we will be covering a candid discussion with the Enjin team, which comprises of Maxim Blagov and Witek Radomski as the co-founders. Enjin is a famous brand when it comes to gamers who are into multiplayer gaming. With over 18 million registered users, the Enjin community has been nurturing the crypto ecosystem with growth and developments. Enjin offers an absolutely free platform for creation, integration, and scaling of tokenized gaming assets. They are even considered as the world’s most secure wallet for game collectibles. The discussion might help the users understand Enjin in a better way.

Before we start, tell us more about the team, your background and a little on what you guys did before you got into crypto.

Enjin has been in business for over 10 years. We started as a social network/website creation platform for gamers, which now has over 20 million users. In the last few years, we have focused mainly on the blockchain. We have an extremely talented team of nearly 40 people and we are all gamers and blockchain & technology, enthusiasts.

Can you tell our readers about Enjin Coin and how it works?

Enjin is focused on creating a seamless blockchain items experience for mainstream games - the kinds of games everyone plays on PC, mobile and console. Unlike some of the other companies in the space, we're building an end-to-end platform, which means we have tools like the Enjin Wallet and Beam for end users, all the way down to our core SDKs and blockchain APIs for game developers.

We are making it as easy as possible for developers and gamers to use the power of the decentralized blockchain without having to worry about the low-level details of it all.

Enjin Coin is a cryptocurrency that provides value-backing for each blockchain item made on the platform. ENJ is staked inside game items, and as more games use Enjin-backed items, the circulating supply of Enjin Coin would decrease.

When you own an item made on the Enjin platform, you will always have the power to "melt" the item and retrieve the ENJ value it contains - even if the game itself doesn't exist anymore.

Why is blockchain so important in the gaming ecosystem? Do you see a radical change happening in the gaming industry because of blockchain?

Blockchain is a very interesting tool for game developers. Here are some benefits for gamers and game developers:

  • Users can build a gaming identity that becomes more of a part of them, instead of a game account that they might eventually lose or forget about.
  • Users gain actual ownership of their virtual property. You feel a lot more attached to an item that you have control over outside of the game sandbox. You'd feel more inclined to show it off to your friends, and you treasure it since it's your property.
  • There is the concept of the "Multiverse". Items owned by players might be used across multiple games! Players will be motivated to explore games and tools across the multiverse instead of their items being locked into a walled garden.
  • With blockchain being open, people can build websites and tools that can parse and view the items of any player account. The game developer doesn't need to create or maintain any APIs, and the items are standardized around the world, so existing tools can easily add a new game if they support the ERC-1155 standard.
  • Game developers gain the ability to create truly limited-edition collectible items. This rarity is verifiable by anyone who looks at the item on-chain.
  • Each item, player, and character in your game now has a traceable history. You can use this as a gameplay element to create interactive stories or show the history of legendary items.
  • If a famous gamer owned an item, it can show their signature. Imagine holding the exact weapon used by a legendary player in the past.

Can you also tell us more about Enjin explorer and Enjin wallet?

EnjinX is a multi-currency blockchain explorer. We created it to make blockchain easier to visualize and search. Most importantly, it allows gamers to view their game items and collections in an intuitive way. We think this web interface will become key to exploring, sharing and trading items in the near future. We are also working on a powerful API that will give developers access to live blockchain data with minimal effort.

The Enjin Wallet is our secure, feature-rich cryptocurrency wallet. It supports Bitcoin, Litecoin, Ethereum, and all ERC-20 and ERC-721 tokens. It's also the first wallet to support the ERC-1155 standard, which is what we've based our game items on. The wallet offers hardcore security features, like dual hardware+software AES-256 encryption, screenshot protection, a secure keyboard, and secure management of keys in memory. Like EnjinX, it also lets you browse your collectibles and game items, melt them, and soon, interact with the marketplace.

One other cool feature of the Enjin Wallet is that it allows you to scan Enjin Beam QR codes and instantly receive game items and collectibles without being required to buy any Ether!

Sometime back there was this news about Enjin partnering with Samsung, which was a big deal? What was the partnership about?

We can't comment much about the partnership yet, but one of the components was that the Enjin Wallet is now integrated with Samsung Keystore on any S10 phone, which adds an even greater layer of security to your private keys!

Recently ERC -1155 became an official Ethereum token standard. How is better than ERC - 721?

  • ERC-721 only supports Non-fungible tokens, while ERC-1155 allows both Fungibles and Non-Fungibles in the same contract.
  • ERC-1155 allows for batch transfers (sending more than one -- even hundreds of token types -- in a single transaction).
  • A single ERC-1155 contract can manage infinite numbers of tokens - which makes each token type much cheaper to create as they don't need a separate contract.
  • ERC-1155 has guaranteed the execution of functions for contracts that receive your tokens, while ERC-721's version of this is not reliable. For example, with ERC-1155 you could ask users to send their tokens directly to an exchange contract. The exchange contract would execute on-chain and send you back another token! This could be done with a simple wallet that doesn't even have smart contract support.
  • ERC-1155 has localization of metadata, allowing multiple languages.
  • The ERC-1155 standard guarantees that events emitted by the smart contract will provide enough data to create an accurate record of all current token balances. A database or explorer may listen to events and be able to provide searches of every ERC-1155 token in the contract.

Can you tell us about the traction that your project is seeing? What is Enjin’s future plan? 

We've seen incredible feedback and interest from the community since we started. There are currently over 35 games being developed on the Enjin Platform, and a handful of games are already available in beta form. Our plan is to make blockchain and gaming adoption intuitive and easy for both developers and the gaming public. This platform allows small innovative indie games to receive new forms of funding and gives players a lot to look forward to when they invest their time into a game. Finally, we hope that the game developers continue to experiment and be inspired by the new gameplay possibilities that are only achievable with blockchain technology!

About CoinSwitch

CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like Binance, KuCoin, IDEX, Huobi, Ethfinex, HitBTC and Cryptopia without creating an account on them. If you are interested in buying cryptos, do give it a try!





Buy ETH using credit cards at the best rates
Buy Now
Buy ETH using credit cards at the best rates