How much is the enj currency issued?

The circulation of Enjin Coin (ENJ) is 1 billion, of which 80% is used for ecosystem development, 12% is used for private sales, and 8% is used for ICO. It is mainly used for game development and the trading of virtual goods, including purchasing in-game items, minting assets, managing communities, rewarding participants, and promoting the game economy. As of February 2023, the circulating supply is 740 million coins, 250 million coins are locked, and 100 million coins have been burned.

Enj Coin Circulation Volume

Circulation Volume:

The circulation volume of Enjin Coin (ENJ) is 1 billion.

Issuance Allocation:

• 80% for Enjin ecosystem development.
• 12% for private sale.
• 8% for ICO (Initial Coin Offering).

Usage:

ENJ is mainly used for game development and the creation and trading of virtual goods, and can be used in Enjin’s ecosystem. It can:

• Purchase virtual goods and in-game items.
• Mint and create in-game assets.
• Create and manage gaming communities.
• Rewards players and developers.
• Promote the game economy.

Supply distribution:

As of February 2023, ENJ’s supply distribution is as follows:

• Circulating supply: 740 million Coins (74%)
• are locked: 2.5 100 million coins (25%)
• Burned: 100 million coins (1%)

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