Enjin Coin ($ENJ) is an Ethereum-based cryptocurrency. Its underlying technology powers an ecosystem used mainly in NFTs and gaming. Enjin allows game developers to turn in-game items into NFTs backed by $ENJ. Developers buy $ENJ on exchanges and use it to mint NFTs that gamers can obtain by playing a variety of games. Players receive $ENJ by selling assets or “melting” the tokenized items back into $ENJ coins.