Frequently Asked Questions

Crowdsale

Crowdsale

What is Enjin Coin? add_circle_outline

Enjin Coin is a token on the Ethereum Blockchain. Think of it as a digital coin that you can use across many different websites and online games. It can even be converted into other kinds of digital property like game items or in-game gold.

When do I get my ENJ Coins? add_circle_outline

During the crowdsale period, you will immediately receive ENJ Coins in your wallet for any Ether you send to the official crowdsale Ethereum Address.

Trading ENJ will be locked until 48 hours after the end of the crowdsale.

What crypto-currencies are accepted in the crowdsale? add_circle_outline

Only Ether (ETH) is accepted in the crowdsale as this will ensure you receive your Enjin Coin immediately and securely.

What are some things you can do with ENJ? add_circle_outline
  • Use ENJ to buy items and power-ups while playing games
  • Mint your own unique coin or virtual items for your game or server.
  • Award your members with ENJ for participating in your game, forums or community. Create automated rewards for game or website achievements.
  • Trade and sell items and coins across different games, bridging the gap between separate games and servers.
Will more Enjin Coin be sold? add_circle_outline

No more tokens will ever be created after the Enjin Coin crowdsale.

How are the funds secured? add_circle_outline

All funds collected during this sale will be deposited in a secured multi-sig wallet. Officers and executives of Enjin will hold the keys to the wallet so that all outgoing transaction have to be verified by multiple parties.

How do I acquire and store Enjin Coin during the crowdsale (sometimes called "ICO")? add_circle_outline

We highly recommend acquiring some Ether (ETH) in advance, before the crowdsale begins. Because of demand and since there is a cap on the maximum number of Enjin Coins created during the sale, it's very possible that the crowdsale may end within hours of the starting time.

To purchase Ether, you may consider signing up to an exchange such as Coinbase. Please be advised that the signup period may take a few days. We recommend transferring your ETH to your own wallet such as Parity or Myetherwallet. DO NOT send Ether to the crowdsale directly from an exchange or your tokens may be lost.

When the crowdsale begins, follow the instructions at enjincoin.io to send your desired amount of Ether to the Crowdsale Address. Use the recommended Gas setting to ensure your transaction gets processed. You will receive ENJ tokens in return until the crowdsale ends.

After the crowdsale, you will be able to trade and purchase Enjin Coins on exchange websites but be advised that market prices will be different from the initial crowdsale price. In the near future, you will also be able to earn ENJ by participating in games and gaming communities.

How long does the Enjin Coin crowdsale last? add_circle_outline

  • 28 days after the start of the crowdsale, or
  • When 1 Billion ENJ tokens have been issued.

What is the price per Enjin Coin? add_circle_outline

The approximate price of 1 Enjin Coin during the crowdsale is 3 cents USD for presale (before bonuses) and 3.75 cents USD for the public crowdsale (week 1).

Enjin Users

I’m a website owner, how do I get Enjin Coin? add_circle_outline

Thousands of Enjin communities will qualify to receive Enjin Coins. After the Crowdsale, the community owner will receive a message via Enjin’s Private Messaging System and at your registered email address with further instructions.

How do I sign up for an Enjin website? add_circle_outline

Sign up for a free website and forum at www.enjin.com.

I’m a game publisher or server website creator, can I use Enjin Coin? add_circle_outline

Yes! We will launch instructive posts and blogs on our forum www.enjin.com/forums and news www.enjin.com/blog. Stay tuned for release news.