This article was first published on Enjin - Medium
In our second AMA hosted by Binance, Enjin CTO Witek Radomski and CMO Ilija Rolović answered questions for thousands of Binance Russia community members.
After participating in a successful AMA earlier this year with more than 7,000 Binance community members, we were happy to receive a second invitation from Binance to answer questions for their Russian community.
With nearly 3,000 people tuned in, this was another excellent opportunity for us to increase awareness of the Enjin ecosystem in a new corner of the globe.
Can you tell us about Enjin Coin? I understand that Enjin Coin gets staked into all of the blockchain assets minted using your blockchain game development platform. How does this work?
Ilija: There’s a bit of a problem with digital gaming assets of today: game developers can create them into infinity, from thin air. Our solution to this problem is simple: require some ENJ as a “crafting” material for each and every blockchain asset created with our platform. That way, every asset has a very, very real cost, and the possibility of virtual asset value tanking due to hyperinflation is zero. (This actually happened with Team Fortress 2 quite recently, and their game economy crashed).
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Enjin - Medium