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Enjin announces launch of game development platform on Ethereum

Blockchain development platform Enjin has
announced the launch of its latest initiative: a game development platform on Ethereum.

The platform will enable potentially millions
of developers to integrate crypto assets into games and apps with no knowledge
of writing blockchain code. According to the company, the Enjin Platform allows
game engineers to take advantage of decentralised inventory, to integrate
blockchain-based gaming and non-gaming assets, and to manage economic game play
mechanics. The company also said that 2,500 projects that make use of ERC-1155
have already been created on the testnet version of the Enjin Platform.

The Enjin platform also utilises the firm’s
own token, Enjin Coin (ENJ), which is used as a “minting resource” to back the
value of in-game assets. Enjin CEO Maxim Blagov said: “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 platform
is a suite of tools and services which is based on a web interface that
supports ethereum’s ERC-1155 token standard that developers can make use in
order to integrate both fungible and non-fungible tokens (NFTs) in a single
smart contract.

In March Forte, a blockchain-based platform technology provider, and Ripple’s developer ecosystem initiative Xpring formed a £76.9m fund to support game developers. The companies said that the funds will be operating alongside Forte’s platform technologies and will also include open-source solutions designed in partnership with Ripple to boost the mainstream adoption of blockchain technology in gaming.

Interested in hearing more in person? Find out more at the Blockchain Expo World Series, Global, Europe and North America.

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