Engine Coin is based on the Etherium blockchain, an ERC-1155 standard token. It was originally created as a cryptocurrency for gaming platforms. Advantages of the coin: security, a game economy close to reality, saving data in a distributed registry.

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Two of the biggest opportunities we see for NFTs are reducing transaction costs and institutional-grade NFT perps. Hundreds of millions have been spent on gas trading NFTs, and perp volume is 6x bigger than spot. These opportunities require an L2.

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The @enjin ecosystem vision is to have low gas fees by using a post-Ethereum chain custom built with #NFT functions at the protocol level.

It's not just reducing gas, but skipping the whole clunky bridging experience and building from a better core.

L1 > L2

Let's see. 🏗️