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What is Enjin Coin Used For?

The governance & utility coin that powers all products & services on Enjin.

Security

Uses nominated proof-of-stake consensus to secure the Enjin Blockchain and allow participants to nominate reliable nodes.

Governance

Used to create and approve governance proposals that steer the future of the ecosystem.

Gas

Used to pay for all transactions fees on Enjin Blockchain.

Minting

NFTs on the Enjin Blockchain are minted with ENJ, which can only be recovered by burning the NFTs.

Trading

The native trading currency for the NFT.io marketplace.

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