Enjin was co-founded by Maxim Blagov and Witek Radomski, who is now the CEO and CTO of the company, respectively. The non-profit company started as a community gaming platform in 2009. Over the next decade, more than 20 million gamers worldwide used their first product, the Enjin Network.
The company held a successful ICO of Enjin Coin (ENJ) in 2017, raising around 18.9 million USD in the process. In the same year, they started developing a vision for NFTs, building a holistic ecosystem of user-first products where anyone can easily develop, trade, monetise, and market with blockchain. Enjin then went live in 2018, allowing anyone to jump into the world of blockchain, whether or not they have extensive knowledge of how blockchain works.
Enjin's products and services have been used and integrated by numerous creators, developers, and companies, such as BMW (Vantage), Samsung (Samsung Blockchain Keystore), and Microsoft (Azure Heroes). In July 2021, more than 800 million ENJ (Enjin Coin) was owned by over 125,000 people worldwide, with a market cap of 1.5 billion USD. Moreover, ENJ is the first gaming token approved for use in Japan under the JVCEA.