Enjinstarter

Enjinstarter is a blockchain-based gaming launchpad that focuses on developing the Enjin ecosystem and metaverse. Metaverse refers to a digital reality that possesses aspects of augmented reality, virtual reality, online gaming, social media, and cryptocurrencies for allowing users to interact virtually.

Enjinstarter is built on Enjin’s JumpNet, a private consensus blockchain method, that aims to allow gasless and instant on-chain transactions. The function of Enjinstarter is to enable game developers to explore innovative ways of raising capital for funding their projects. Such funding of projects can be done through the sale of virtual items like non-fungible tokens (NFTs).

The team's primary mission behind Enjinstarter is to establish an efficient platform for blockchain-based games. The team also aims to determine new ways for enabling players to earn cryptocurrencies in an engaging and fun way. Enjinstarter enables game developers and creators to use blockchain technology to move and integrate their NFTs from any chain to Efinity. Efinity is the proprietary platform of Enjinstarter that aims to help game developers to implement capital-raising campaigns through blockchain technology.

EJS is the native token of Enjinstarter. The platform aims to provide the users with facilities like token minting and staking. The platform seeks to provide a marketplace for purchasing and selling NFTs and in-game items. Enjinstarter has recently upgraded its tiers, whereby token holders holding more amounts of EJS and for a longer time are to be rewarded with higher first-come-first-serve (FCFS) allocation.

Enjinstarter was founded in 2021. The CEO and cofounder of Enjinstarter is Prakash Somosundram. Somosundram is a Singapore-based entrepreneur who has been involved in cryptocurrency and blockchain since 2016. Alvin Tang is the CTO and cofounder of the platform. There are teams of angel traders and advisers who contribute significantly to the platform's growth.