Enjin is bringing Minecraft item selling and trading to the blockchain
Best known for its self-serve game community servers, notably for Minecraft, tech outfit Enjin has more recently heavily invested in a new blockchain-based infrastructure via its Enjin Coin (ENJ).
Raising $35 million through its ICO in 2017, its hard work is now coming to fruition with the combination of both aspects of its business in a future update to its DonationCraft plugin.
Installed 5 million times, DonationCraft enables Minecraft communities to create and sell in-game items and soon they'll be able to extend that to creating and selling Minecraft items that are secured on the Ethereum blokchain.
The way this will work is by using a bunch of smart contracts and the new ERC1155 standard Enjin recently proposed.
Not only will this ensure items can be held on Minecraft servers and the Enjin Smart Wallet simultaneously, it will also allow item creators to set up sophisticated features such as item renting and items that can't be traded at all or on unapproved platforms.
You can read more detail about the news via the Enjin press release
Excellent review. Up vote and follow done. Keep up the good work.
thanks
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