Invest in or Not? – EnjinCoin, ENJ –

I think there are four main points in using NFT to develop blockchain games. I think there are four main points in using NFT to develop blockchain games. The first is the importance of NFT's cheap natural gas Fibas. The first is the importance of NFT's cheap natural gas Fibas. Hello there. It is mrmasa. Hello there. It is mrmasa. Today, I want to talk about the basic analysis of EnjinCoin token ENJ (Engine Coin). Today, I want to talk about the basic analysis of EnjinCoin token ENJ (Engine Coin). Let's get started right away. Let's get started right away. First of all, ENJ has a category in my portfolio strategy. First of all, ENJ has a category in my portfolio strategy. 1. Dapps-B2C and B2B. ENJ will become a B2B SaaS for blockchain game development. 1. Dapps-B2C and B2B. ENJ will become a B2B SaaS for blockchain game development. If you want to learn more about my "portfolio strategy", please refer to this YouTube video. If you want to learn more about my "portfolio strategy", please refer to this YouTube video.

The analytical perspective is usually six perspectives: The analytical perspective is usually six perspectives: Pain point analysis, product analysis, team analysis, team execution ability, Pain point analysis, product analysis, team analysis, team execution ability, Token economic analysis and hype cycle analysis. Token economic analysis and hype cycle analysis. In addition, regarding the detailed information emphasized by each analysis point, In addition, regarding the detailed information emphasized by each analysis point, Please refer to the YouTube video "Summary of altcoin investment strategy key points". Please refer to the YouTube video "Summary of altcoin investment strategy key points".

The first is pain point analysis. The first is pain point analysis. What are the pain points of using NFT to develop blockchain games? Honestly, What are the pain points of using NFT to develop blockchain games? Honestly, The definition of ENJ’s products here is very vague, so I will dare to talk about this, The definition of ENJ’s products here is very vague, so I will dare to talk about this, To deepen everyone’s understanding. To deepen everyone’s understanding. see this. see this. I think there are four main points in using NFT to develop blockchain games. I think there are four main points in using NFT to develop blockchain games. The first is the importance of NFT's cheap natural gas Fibas. The first is the importance of NFT's cheap natural gas Fibas. Compared with ordinary virtual currencies such as ETH and BAT, NFT can move much less funds at a time. Compared with ordinary virtual currencies such as ETH and BAT, NFT can move much less funds at a time.

However, as evidenced by ETH 2.0, the increase in gas fees has not stopped. However, as evidenced by ETH 2.0, the increase in gas fees has not stopped. For NFT games, this is a painful problem. For NFT games, this is a painful problem. The second is a framework for application development. The second is a framework for application development. The person who said it is easy to understand that it is the iOS version of Cocoa. The person who said it is easy to understand that it is the iOS version of Cocoa. Using these frameworks greatly reduces the burden of application development, Using these frameworks greatly reduces the burden of application development, Therefore, the development burden of developers is greatly reduced. Therefore, the development burden of developers is greatly reduced. The third is the game sales channel. The third is the game sales channel. The Apple App Store is easy to understand.

The Apple App Store is easy to understand. Having this kind of media makes it easier to promote games, Having this kind of media makes it easier to promote games, This is a great help. This is a great help. The fourth is user communication media. The fourth is user communication media. Discord is a good example, but gamers can naturally discuss the strategy and next development in the game. Discord is a good example, but gamers can naturally discuss the strategy and next development in the game. With such a community, the game becomes exciting. With such a community, the game becomes exciting. However, I hope you understand that these four pod levels are different. However, I hope you understand that these four pod levels are different. The first two are expensive, but I think the latter two are definitely not essential. The first two are expensive, but I think the latter two are definitely not essential. Why do I think the above two pain points are high? Why do I think the above two pain points are high? In fact, this is very useful, In fact, this is very useful, Because the same thing is happening in the development of the Internet industry.

Because the same thing is happening in the development of the Internet industry. From 2006 to 2007, this phenomenon was called the "computing big bang." From 2006 to 2007, this phenomenon was called the "computing big bang." Since then, there have been a large number of applications on the market. Since then, there have been a large number of applications on the market. For this reason, the Internet industry has made considerable progress. For this reason, the Internet industry has made considerable progress. This is a very influential event. This is a very influential event. The key is Amazon's AWS (which is a centralized cloud) and Apple's iPhone. The key is Amazon's AWS (which is a centralized cloud) and Apple's iPhone. The former is related to BaaS. in The former is related to BaaS. in Before AWS became popular, application developers had to rent data centers. Before AWS became popular, application developers had to rent data centers. I have to pay at least hundreds of thousands of yen every month. I have to pay at least hundreds of thousands of yen every month. spent a lot of money. This is why I cannot easily create and publish applications.

spent a lot of money. This is why I cannot easily create and publish applications. However, AWS solved this problem. However, AWS solved this problem. He charged me within a few seconds. He charged me within a few seconds. In this case, if the number of users is small, you only need to pay a few thousand yen per month. In this case, if the number of users is small, you only need to pay a few thousand yen per month.

Therefore, many programmers have begun to develop applications. Therefore, many programmers have begun to develop applications. BaaS is the blockchain version of this AWS. BaaS is the blockchain version of this AWS. In the blockchain world, servers are not centrally managed by Amazon like AWS. In the blockchain world, servers are not centrally managed by Amazon like AWS. But the same as Bitcoin miners, But the same as Bitcoin miners, Everyone can join the network voluntarily, Everyone can join the network voluntarily, Therefore, BaaS collects a large number of these miners on behalf of application developers, Therefore, BaaS collects a large number of these miners on behalf of application developers, We created a world, We created a world, Anyone can easily provide applications using blockchain. Anyone can easily provide applications using blockchain. In addition, with the advent of iOS, it is possible to create casual applications. In addition, with the advent of iOS, it is possible to create casual applications. And, as you may already know, Cocoa is a development software framework, And, as you may already know, Cocoa is a development software framework, It can significantly reduce the burden on iOS application programmers from UI design to coding.

It can significantly reduce the burden on iOS application programmers from UI design to coding. Based on this analogy, it is necessary to pay special attention to these two main pain points in ENJ's analysis. Based on this analogy, it is necessary to pay special attention to these two main pain points in ENJ's analysis. I especially want to know the ETH2.0 gas fee. I especially want to know the ETH2.0 gas fee. see this. see this. ETH is, PoS will migrate to PoW from December to May 2020, ETH is, PoS will migrate to PoW from December to May 2020, Assuming that the cost ratio does not decrease, it is not easy to decrease.

It keeps rising. Assuming that the cost ratio does not decrease, it is not easy to decrease. It keeps rising. Initially, many users expected the fee to be lower than BTC, Initially, many users expected the fee to be lower than BTC, But as of March 2021, the cost of ETH is higher than that of BTC. But as of March 2021, the cost of ETH is higher than that of BTC. This is a major challenge in NFT game development. This is a major challenge in NFT game development. Now, with this in mind, Now, with this in mind, Next is product analysis. Next is product analysis. First, let us review ENJIN. First, let us review ENJIN. In 2009, before seriously launching the cryptocurrency market, In 2009, before seriously launching the cryptocurrency market, Maxim and Witek first launched it as a gaming community platform. Maxim and Witek first launched it as a gaming community platform. When I met their virtual currency Witek, When I met their virtual currency Witek, Bitcoin will start from the perspective of proposing to introduce a settlement. Bitcoin will start from the perspective of proposing to introduce a settlement.

And revenge with success, And revenge with success, Witek will participate in the token design ERC-1155, Witek will participate in the token design ERC-1155, A solution for the issuance of NFT tokens, A solution for the issuance of NFT tokens, And Enjin himself will launch ENJ’s ICO in 2017, And Enjin himself will launch ENJ’s ICO in 2017, An increase of 1.2 billion yen. An increase of 1.2 billion yen. This is an overview of the ENJIN system. This is an overview of the ENJIN system. As you can see, ENJIN is the positioning of SaaS for game development on Ethereum. As you can see, ENJIN is the positioning of SaaS for game development on Ethereum. So, one of my ENJIN’s expectations, So, one of my expectations of ENJIN, The 2-layer of ETH2.0 is to provide a solution to reduce gas commissions. The 2-tier of ETH2.0 is to provide a solution to reduce gas commissions. If anything, for game developers, If anything, for game developers, ENJIN using NFT will be motivated to ensure the development of the game.

ENJIN using NFT will be motivated to ensure the development of the game. Another thing I want you to know is that the future of NFT games lies in "Oasis". Another thing I want you to know is that the future of NFT games lies in "Oasis". Anyone who has ever watched the Hollywood movie "Ready Player One" knows that Anyone who has ever watched the Hollywood movie "Ready Player One" knows that A virtual game space called OASIS appeared there. A virtual game space called OASIS appeared there. There, various game spaces are expanded in units of stars, There, various game spaces are expanded in units of stars, And users can freely use the characters and objects they propose in their respective game spaces. And users can freely use the characters and objects they propose in their respective game spaces. In other words, unlike current games, the space of each game is not isolated. In other words, unlike current games, the space of each game is not isolated.

These characters and items are NFT. These characters and items are NFT. In the blockchain industry, who created this "OASIS" in the NFT game market? In the blockchain industry, who created this "OASIS" in the NFT game market? Is one of the main topics of interest. Is one of the main topics of interest. Now, please keep these understandings in mind, Now, please keep these understandings in mind, Let's start with a conventional analysis of value curve positioning. Let's start with a conventional analysis of value curve positioning. Compare FLOW, WInk, Decentraland, Chliz, WAX, etc. Compare FLOW, WInk, Decentraland, Chliz, WAX, etc. I think FLOW and Wink are the most comparable. I think FLOW and Wink are the most comparable. First of all, I think ENJIN is the most successful sales channel for new NFT games. However, we have no advantage because we rely on DISCORD for user communication.

However, we have no advantage because we rely on DISCORD for user communication. To be honest, compared with Cocoa and others, the development framework is also quite lacking in function. To be honest, compared with Cocoa and others, the development framework is also quite lacking in functionality. Moreover, the most important problem of ETH2.0 in the GAS commission is not at all, providing a solution. Moreover, the most important problem of ETH2.0 in the GAS commission is not at all, providing a solution. This means that Ethereum is the power to expand business in DeFi. This means that Ethereum is the power to expand business in DeFi. We see that it cannot make good use of it. We see that it cannot make good use of it. On the other hand, FLOW, etc. are all done on their own blockchain, On the other hand, FLOW, etc. are all done on their own blockchain, Gas fee is much cheaper than ETH2.0.

Gas fee is much cheaper than ETH2.0. And winking is that still doing business TRON and TRON is also an advantage. And winking is that still doing business TRON and TRON is also an advantage. Because gas bills are much cheaper than ETH2.0. Because gas bills are much cheaper than ETH2.0. And what are the common traffic and winks that ENJIN doesn’t have, And what are the common traffic and winks that ENJIN doesn’t have, They have their own game Dapps. They have their own game Dapps. In particular, FLOW has a very good product strategy for NFT games. In particular, FLOW has a very good product strategy for NFT games.

see this. see this. FLOW has a vertical integration strategy, FLOW has a vertical integration strategy, Can effectively distinguish it from Ethereum, Can effectively distinguish it from Ethereum, Especially focus on games compatible with NFT business. Especially focus on games compatible with NFT business. The best shot in the NBA is a good example. The best shot in the NBA is a good example. However, they also successfully developed the FORT NITE game, However, they also successfully developed the FORT NITE game, And by launching the name recognition function of the game, it was successful in the game store. And by starting the name recognition function of the game, it was successful in the game store. Therefore, according to my analysis, ENJIN himself should also be successful in the NFT game. Therefore, according to my analysis, ENJIN himself should also be successful in the NFT game. With this in mind, the next team conducts an analysis.

With this in mind, the next team conducts an analysis. Maxim of the co-founder CEO is, Maxim of the co-founder CEO is, At the University of Technology Sydney, has taken a bachelor's degree and a bachelor's degree in computer science. At the University of Technology Sydney, has taken a bachelor's degree and a bachelor's degree in computer science. In addition, the co-founder and CTO of Witek have no information. In addition, the co-founder and CTO of Witek have no information. In addition, there are nearly 60 members, most of whom are in Japan. In addition, there are nearly 60 members, most of whom are in Japan. Next is the evaluation of the team's execution ability. Next is the evaluation of the team's execution ability. The 3 in 2021 is taken as the numerical performance in May, The 3 in 2021 is taken as the numerical performance in May, The number of registered gaming communities ranges from 25 to 250,000. The number of registered gaming communities ranges from 25 to 250,000. The number of active users per month is 3.5 million, and the monthly PV of the site is 60 million.

The number of active users per month is 3.5 million, and the monthly PV of the site is 60 million. It seems that transactions such as game items on the website amount to hundreds of millions of yen per month. It seems that transactions such as game items on the website amount to hundreds of millions of yen per month. Based on this number, we can confirm that we are establishing a certain market value as a game sales channel. Based on this number, we can confirm that we are establishing a certain market value as a game sales channel.

Then, please see here for reference. Then, please see here for reference. NFT sales ranking. As of March 2021. NFT sales ranking. As of March 2021. As mentioned earlier, so far, the NBA Top Shot ranks first. As mentioned earlier, so far, the NBA Top Shot ranks first. But, after all, Ethereum is powerful, But, after all, Ethereum is powerful, So I think ENJIN needs to incorporate this trend into its own business. So I think ENJIN needs to incorporate this trend into its own business. Next is the analysis of the economics of tokens. Next is the analysis of the economics of tokens. Since it is B2B Dapps, the Dapps are applicable. We concluded Since it is B2B Dapps, the Dapps are applicable. We concluded The function of ENJ as a utility token.

The function of ENJ as a utility token. First, it has the function of being an intermediary token, used to buy and sell items between multiple games. First, it has the function of acting as an intermediary token for buying and selling items between multiple games. Then, it can also be provided as an in-game item or reward. Then, it can also be provided as an in-game item or reward. In fact, you can use ENJ as an in-game currency. In fact, you can use ENJ as an in-game currency. You can also set up a store to sell in-game items. You can also set up a store to sell in-game items. You can buy, sell and send items ENJ tokens in various communities on the basis of purchase You can buy, sell and send items ENJ tokens in various communities on the basis of purchase ENJIN. As for the network effect, we are not yet sure of a clear one. ENJIN. As for the network effect, we are not yet sure of a clear one.

Therefore, we will introduce the FLOW situation as a reference. Therefore, we will introduce the FLOW situation as a reference. The starting point is that NFT is used in the developer's blockchain game, people who think that Isariumu's natural gas utilization fee is too high. The starting point is that NFT is used in the developer's blockchain game, people who think that Isariumu's natural gas utilization fee is too high. This will release various games on FLOW and expand the active user base. This will release various games on FLOW and expand the active user base. Then, the blockchain game talked about the "oasis" earlier here, Then, the blockchain game talked about the "oasis" earlier here, Because NFT freely FLOW can be carried with you in various games. Because NFT freely FLOW can be carried with you in various games.

Then, on FLOW, reduce the friction cost of playing various games, Then, on FLOW, reduce the friction cost of playing various games, And improve customer satisfaction, which will lead to further growth of the active user base. And improve customer satisfaction, which will lead to further growth of the active user base. This led to the next growth spiral, DAO and asset growth mechanism. This led to the next growth spiral, DAO and asset growth mechanism.

The special key is that FLOW while maintaining the riveting NFT uses DEFI, The special key is that FLOW while maintaining the riveting NFT using DEFI, The special key is that FLOW while maintaining the riveting NFT using DEFI, The special key is that FLOW while maintaining the riveting NFT uses DEFI, And think that if you use this service, as long as this is achieved, And think that if you use this service, as long as this is achieved, In order to allow more and more long-term holdings, the point of sale is also relatively stable. DAO will not only grow, In order to allow more and more long-term holdings, the point of sale is also relatively stable. DAO will not only grow, But the amount of FLOW flowing to speculators will decrease, which will encourage the price of FLOW to continue to rise. However, the amount of FLOW flowing to speculators will decrease, which will encourage the price of FLOW to continue to rise. This will increase the customer satisfaction of users participating in the FLOW ecosystem.

This will increase the customer satisfaction of users participating in the FLOW ecosystem. I haven't reached this point, but I think I can count on it. I haven't reached this point, but I think I can count on it. And about DAO. And about DAO. This is very important. This is very important. ETH2.0 is also becoming the DAO of governance. ETH2.0 is also becoming the DAO of governance. ENJ aims to be a game publishing platform, and it will be required to have the same level soon. ENJ aims to be a game publishing platform, and it will be required to have the same level soon. Finally, the analysis of the hype cycle. Finally, the analysis of the hype cycle.

We will discuss based on the latest map of the regular Gartner blockchain industry hype cycle. We will discuss based on the latest map of the regular Gartner blockchain industry hype cycle. First of all, the problem of ETH2.0 gas fee has become obvious. First of all, the problem of ETH2.0 gas fee has become obvious. Therefore, the Layer 2 solution is applicable. Therefore, the Layer 2 solution is applicable. This market will mature in the next 5-10 years. This market will mature in the next 5-10 years. Next, in the blockchain game, Next, in the blockchain game, NFT can become the biggest difference in general games, NFT can become the biggest difference in general games, The tokenization of blockchain assets is also very important. The tokenization of blockchain assets is also very important. On the other hand, the market will mature in about a year in about 2-5 years. On the other hand, the market will mature in about a year in about 2-5 years. Therefore, in view of the trend, focusing on the tokenization of blockchain assets can effectively gain momentum. Therefore, in view of the trend, focusing on the tokenization of blockchain assets can effectively gain momentum.

Then, it is the total score evaluation. Then, it is the total score evaluation. The pane point is 3.5. The pane point is 3.5. To be honest, I think the pain points of NFT game developers have not been well grasped. To be honest, I think the pain points of NFT game developers have not been well grasped. The product is 3.5. The product is 3.5. After all, we cannot provide a layer 2 solution or develop a software framework with a high level of pain point, After all, we cannot provide a layer 2 solution or develop a software framework with a high level of pain point, Therefore, it cannot be highly evaluated. Therefore, it cannot be highly evaluated. The team strength is 3.5. The team strength is 3.5. Although it has a good record, according to evaluation, its product feel is somewhat weak. Although it has a good record, according to evaluation, its product feel is somewhat weak. The execution ability of the team is 4.0. The execution ability of the team is 4.0. Thanks to the NFT boom and gain momentum, Thanks to the NFT boom and gain momentum, So it can be highly evaluated to some extent, So it can be highly evaluated to some extent, But be careful, because it can be very difficult if the bubble bursts.

But be careful, because it can be very difficult if the bubble bursts. The token economy is 3.5. The token economy is 3.5. Compared with FLOW, etc., effective network effects have not yet been fully designed. Compared with FLOW, etc., effective network effects have not yet been fully designed. The hype cycle is 4.0. The hype cycle is 4.0. In the next 2-5 years of the blockchain asset tokenization market, In the next 2-5 years of the blockchain asset tokenization market, The spread between DeFi and NFT is expected to achieve significant growth, The spread between DeFi and NFT is expected to achieve significant growth, But I think that a good momentum can be obtained when the bubble is very serious and the bubble bursts. Until it can be said that enough achievements need to be produced.

Until it can be said that enough achievements need to be produced. A total of 22.0 points. A total of 22.0 points. My investment standard is 25.0 or higher, so I can make investment recommendations. My investment standard is 25.0 or higher, so I cannot recommend investment. My investment standard is 25.0 or higher, so I cannot recommend investment. That's it. That's it. For the sake of safety, this video is for reference only and cannot guarantee return on investment. For the sake of safety, this video is for reference only and cannot guarantee return on investment. Please make the final investment decision at your own risk. Please make the final investment decision at your own risk. However, I sincerely hope that my video can provide practical help to anyone who is investing or considering cryptocurrency. However, I sincerely hope that my video can provide practical help to anyone who is investing or considering cryptocurrency. about this point, about this point, We are distributing various other alternative currency analysis and blockchain-related videos, We are distributing various other alternative currency analysis and blockchain-related videos, So please subscribe to our channel. So please subscribe to our channel.

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