We just released the alpha for our ENJ based crypto game "Contaverse: Battle". Customize your robot from NFT robot parts and fight against other robots. Trade valuable parts with other players and earn rewards for winning! Here's our trailer:
tldr; Decentralized liquidity protocol Aave has temporarily suspended lending markets for 17 tokens to fend off volatility risks that could lead to further attempts at market manipulation. The assets included in the list are Yearn Finance (YFI), Curve Finance (CRV), 0x (ZRX), Decentraland (MANA), 1inch (1INCH), Enjin (ENJ), Ampleforth (AMPL), REN *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
My biggest loss financially came from NOT selling rather than buying. I bought ADA at around 3-5 cents and didn't sell enough above $2.50. But if we're talking personal bad decisions, ENJ was an awful pick and I'm not seeing any light at the end of the BAT tunnel either. I won't be selling since it's literally not worth the time to do the trade, but my lesson has been learned.
First part is true, all ENJ are in circulation There's no staking yet, but enjin NFTs can be backed by ENJ so there's a lot of them locked But you should know, that enjin team issued another token on polkadot called efinity (EFI). Rumor is that you will be able to stake ENJ to get EFI Personally, I am not a fan of issuing a new token
I’ve basically stopped putting money into anything other than BTC and ETH. I’ve lost so much money chasing mooning alt coins that I’ve finally realized that they’re never going to pop off. Coins I’ve put money into because some redditor said good things about them: ONE VET ERGO LRC ENJ ROSE CKB However, me losing money isn’t anyone’s fault but my own. I bought into hype from random person on the internet and that’s just what happens when you do that. Lesson learned.
Now that we appear to be heading to the weird room beneath the basement, I’m thinking I’d like to add a crypto to my portfolio that has a good chance of long term success in gaming. Going to deep dive on ENJ and hoping for some suggestions on other coins that are focused on this niche. Any suggestions and/or places to start properly doing my homework?
Just because it exists doesnt mean it will make you any ROI lol, no one will use ENJ or MANA if it gets expensive, its meant to be used transfered diluted and always on the move, if price goes haywire no one will use it anymore and everything gets clogged up Specialized L1's are shitty for investing, you can't have both direct use like ENJ is made for NFT and gaming AND have it investable, If you wanna invest into L1's probably best thing would be with the classic, or maybe even a new chain like Velas too, those are worthy of investing, because they have to be used and they balance themselves out
Dudes..., The other day I described like, ELI5 style, how I see the elevator pitch for NFTs in gaming, to a twelve year old, and he was so fucking into it... i.e. Collectibles with value irl and ingame, ability to trade and show off irl... I sadly took a lil bet on ENJ which might not work out, but, Im convinced there is a network/game that is going to nail it and shits going to be in every game..
Yeah, it could well trigger a mini altseason as well. I think altcoins in the ethereum ecosystem could benefit from that. The likes of OCEAN, DAI, SAND, ENJ, etc. Ocean Protocol is based on the Ethereum blockchain and uses smart contracts technology to ensure the security and transparency of data transactions.
In Jan 2021 I was literally about to purchase SOL at $4, but decided on another coin (probably ENJ or VET so not a total loss). It was $500 and I set up the purchase and then decided I didn't know enough about Solana yet so I should do a different project. That $500 would have gone over $30k by October. Not a small amount for me. Still regretting that decision.
Monday evening. Same fixed amount. BTC buy never changes, alt coins may get adjusted slightly every other month, but the amount of dollars going in never changes. An altcoin does not get rotated into or out of the mix until 3 months go by and my feelings haven't changed. So far, only 3 alts have ever been rotated out: ENJ, ERG, and BAT. The first was because I lost confidence in the project, and the latter two were because I accumulated as much as I feel I need.
I think the first card that is connected to Uniswap and lets you sell any altcoin (like 0xMR or ENJ) will do really well. People will just use the card to pay for every day things instead of having their tokens sitting idle in their metamask for years.
>The current normative understanding of “The Metaverse” refers to web3 MMO Social Games. That's not at all the understanding...maybe for kids who only know about it from tictok, but there is definitely much more to it. ENJ probably has the best use of case of Gameing, but you don't fully comprehend how self driving cars will talk to each other in track each other on the road. Tesla smart cars don't want Sony Smart cars tracking them, and vice versa, but it's still important for these cars to know that information so they don't collide. This is where the Metaverse, blockchain, and Trustless systems come into play. The Metaverse would be like using a credit card, and it doesn't matter if it's Visa, Mastercard, express, discovery,etc. They would be able to transmit data and money trustlessly without needing checked by a 3rd party. The Metaverse would be like watching an online video for 0.00001/crypto a minuet, and those credits go directly to the video owners no matter where they posted it to, and can cash them out on their own through an exchange instead of waiting on a 3rd party like Google to pay them through YouTube. There are countless examples...gaming is just one of many.
the biggest change for me has been to begin investing in utility tokens with clear use cases and utility (MANA, CRV, OBT, GRT, ENJ) instead of sinking money into speculative altcoins with no future past the inevitable dump. Also, I've started doing proper research before investing--if it looks sketchy, then it probably is
Most proud? ENJ, because I knew absolutely nothing about crypto when I bought it and tripled my investment. Least proud? LRC. I actually could have made a shit ton of money, but I went on vacation right when it started tanking and wasn’t paying attention. By the time I did, a $10k profit had turned into a $4k loss.
There will be companies that do it right and companies that don’t. We are seeing ecosystems now like GALA and ENJ that have potential. These gaming companies have to be able to make money in the end but when a NFT is used right you will see it on a whole other level than an in game purchase. We still need an actual good game to use NFTs to see the true value. Right now all the NFTs games are garbage so all you get is people wasting money speculating vs actual demand because the game is fun. You get a fun game and people start collecting NFTs when that game is actually popular because it was good and it will spawn sequels or spin offs. The good companies will incorporate those prior NFTs from the time spent playing their games. When the players want to move on they will be able to bring their NFTs along to the next game. Plus, when players are done, since they own the NFT, they will be able to sell them to someone else so they can enjoy them.
How is ENJ holding up with the bear market? What do you mean canary network? MEXC has a lot of good low market caps. I've been reading about them. Seems so with partners like AVAX, OCEAN, EGLD, LINK, HBAR, EWT etc.
I've got ENJ on Binance, but I know they are listed on other exchanges too. Even though TGE has been completed, UNQ isn't listed yet (but their canary network (QTZ) is listed on MEXC Global). Do you think AllianceBlock is a good pick now?
Yeah, according to the CRO report though, it was 100% CAGR. I assume it's an approximate. I have heard of ENJ and UNQ but very vaguely. Where are they listed? DOT is definitely a good one, I think a while ago Allianceblock mentioned having their DEX on the Polkadot network too but I assume it was because of or through their SuperColony partnership. And yes, you're probably not aware of it because the GameFi aspect of it was just recently brought up.
tldr; The Sandbox is the most purchased metaverse altcoin among ETH's top 5,000 whales in the last seven days, according to WhaleStats' on-chain data. Apecoin (APE) and Decentraland (MANA) are the second and third most purchased altcoins. Enjin Coin (ENJ) and Axie Infinity (AXS) also appear on the top 10 most purchased tokens list. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
The funny thing is that a large amount of those projects are either non-functional like ENJ, or heavily out-dated like SAND/MANA. That's the one thing I don't understand with the hype around the Metaverse, other than a lot of money to be made by foolish investors?
>M** (9yrs old, boy): ETH, THETA, ADA. He really loved the black diamond and thought the other two had nice aesthetic designs. >A** (7 yrs old, girl): ETH, AAVE, CRV. She also loved the black diamond, the AAVE has her favourite colour and starts with the same letter as her first name, CRV has a pretty rainbow. >E** (4 yrs old, girl): UNI, ENJ, CAKE. She loves unicorns and therefore, loves UNI. The ENJ logo has a very pretty E for her name. CAKE because she loves pancakes. Better technical analysys than whatever **I** can come up with.
VET cost me too many potential gains. When it peaked April 2021 I should have sold for hundreds of thousands of dollars but held thinking it would continue. The rest of the market grew for the next 6ish weeks before the crash, but VET? Nope. It did nothing. It dropped to like 18-20 cents I believe and never went up higher again. I could have sold and moved into FTM, SOL, ENJ, RUNE, MANA, etc. i had a lot of people telling me to do that before all those coins and some others blew up. It bothers me every day. I could be a millionaire.
What do you think about ROSE, will it recover with the Bitcoin when down trend ends? I lost 85 percent of money with luna and i am still waiting in BUSD since last month. I can't decide which to buy. İ thought of these along with Rose; MATİC, AVAX, ENJ, FTM, SOL should I divide my remaining money into 6 and buy all of these?