RATE Group | Ethereum’s ERC-1155 Goes Live via Enjin Coin (ENJ)
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Ethereum’s ERC-1155 Goes Live via Enjin Coin (ENJ)

29 Jul Ethereum’s ERC-1155 Goes Live via Enjin Coin (ENJ)

Posted at 11:15h in Ethereum News by

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A new token standard tied to the Ethereum blockchain protocol has officially launched as Saturday saw Enjin – a leading social network and gaming-oriented blockchain platform – announce that they had successfully committed over 3.8 million Enjin Coin (ENJ) toward the creation of the first-ever set of ERC-1155 tokens.

Via Enjin’s announcement on Saturday, the team shared that they “are thrilled beyond words to announce the successful launch of our smart contracts on the Ethereum Mainnet.”

Whilst details will emerge relatively soon, the Singapore-based Enjin did reveal that “more than 30 types of special items” had been created as part of this historic minting. Initially, ERC-1155 will be associated with the gaming industry (e.g., game developers minting their own ERC-1155 tokens so as to create game items, collectibles, and in-game currencies). Before too long, however, Enjin suggests that its use case may extend into other sectors.

Specifically,…

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