The news was released on Tuesday and it says that game engineers will be able to benefit from what decentralized inventory has to offer, from integrating both gaming and non-gaming assets based on blockchain and from managing economic mechanics when it comes to the game play. Here’s what Maxim Blagov, Enjin’s CEO, said in a press release (blog.enjin.io/enjin-blockchain-game-development-platform-ethereum/) about the platform: “OUR PLATFORM IS DESIGNED TO INTEGRATE SEAMLESSLY INTO NEW AND EXISTING GAMES ALIKE, PROVIDING A COMPETITIVE EDGE TO STUDIOS OF ALL SIZES AND ACROSS ALL GENRES.” The ERC-1155 Token Standard Supported The Enjin Platform is comprised of many services and tools based on supporting Ethereum’s ERC-1155 token standard web interface that developers may use in order to integrate non-fungible (NFTs) and fungible tokens in a smart contract. NFTs are used for crypto collectibles and most known for having some rare aspects. They use the Enjin coin (ENJ) (bitcoinexchangeguide.com/cryptocurrency-news/coins/enjin-enj/) to back the in-game assets’ value.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.