After few hours Enjin Coin ICO will start crowd funding. So let's dig down and checkout summary of this ICO before you go ahead and decide if you are going to support it or not.

Checkout the video as mentioned below for more information:

Below is the summary:

Enjin ® is the largest gaming community creation platform online:

● 250,000 gaming communities across thousands of games.

● 18.7 million registered gamers

● Launched in 2009, based in Singapore

● 60M global views per month

● Gaming focused Content Management System and Forum creator

● Millions of USD per month in virtual goods sales across Enjin community stores

Enjin® is introducing Enjin Coin (“ENJ”), a new cryptocurrency (ERC-20 Token) and smart contract platform that gives game developers, content creators and gaming communities the required crypto-backed value and tools for implementing and managing virtual goods.

Enjin is bringing solution as follows:

Benefits for Communities

● Gamify your website and mobile community with custom Enjin Coins

● Increase user participation and contribution on forums and walls.

● Automate rewards and setup a variety of condition based triggers.

● Tie-in your community rewards with in-game goods on servers or games. Benefits for Game Publishers / Content Creators

● Create new tokens to represent virtual currencies, game items, or privileges.

● Create and manage virtual goods programmatically or via an app.

● Create time limited or subscription based virtual goods.

● Mint non-fungible items or special edition items.

● Setup a virtual goods store.

● Run a decentralized payment gateway with no middle-man.

● Transparent transactions. Setup reports and commission systems.

● No fraud, chargebacks, or cancellations.

● Minimal fees for blockchain transactions and no commission fees.

● Open-source suite of APIs and SDKs for every popular platform and engine.

● Smart wallets that facilitate easy automatic payments from users.

● Easily setup a site and mobile community with full virtual goods integration.

Benefits for Gamers

● Buy & sell items with no risk of fraud.

● Trade between gaming items from different games using Bancor for liquidity

● Take your currency with you across any community or game and retain value.

● Own valuable currency and rare items that can never be taken away.

● Use Enjin’s marketplace and social network to find and trade game items.

● Earn Enjin coins playing games.

● Convert custom virtual goods directly back to Enjin Coins and retain value.

● Earn coins by participating in communities and posting on forums.

● Buy in-game items on thousands of game servers and games that support ENJ.

● Prove ownership of items by showing them off in website widgets.

Checkout link for more information

https://youtu.be/v5Jse8mdcvQ

Note: Above information is summarize from White paper from Enjin ICO.