MetaverseMe and Enjin will be partnering to bring virtual fashion items into the Ethereum blockchain. This will help in creating a tradable non-fungible token (NFT) that will represent MetaverseMe avatars for clothing.
Enjin will be tasked with providing an infrastructure framework to help host the NFTs that will then be visualized in MetaverseMe. MetaverseMe is an augmented reality platform that enables users to develop customized avatars. It will also allow them to interact with the real-world environment. Avatars can be in different fashion items that are provably managed by users through the Ethereum blockchain.
Pluriform is the first collection that will be available through the platform. Pluriform is designed through collaboration with The Fabricant and Atari design studio. The Fabricant and Atari is a gaming firm that partnered with Enjin. However, the collection will only be available until February 28. After that, any NFT that is unsold will be burned to ensure collection uniqueness.
Apart from collection visualization in the MetaverseMe app, NFTs and all their underlying items will be readily available in other virtual worlds that are a metaverse part.
MetaverseMe is the initiative of Enjin to help connect the different video games into one collective virtual universe. It will comprise Atari’s intellectual property, such as the rebooted classic ‘Kick off’ and Minecraft. All these are attributed to the Enjin’s plug-in.
Enjin’s token was recently awarded regulatory approval by authorities in Japan that had a strong impact on its cost.
ENJ, a Blockchain-based ENJ (Enjin Coin), was the first gaming crypto to be authorized legally for trading by the Japanese Virtual Currency Exchange Association back on January 19. However, this coincided with the sudden 71% increase within 9 hours and had the ENJ coin price shoot from $0.236340 to $0.406356.
JVCEA approved ENJ (Enjin Coin), and it will soon be listed on the Coincheck exchange. It will be the first gaming token to be authorized for use in Japan.
Hashport CEO Seihaku Yoshida SAID, “Hashport Accelerator helped Enjin’s get into the Japanese market.” Starting January 26, ENJ (Enjin Coin) will be among the first gaming tokens listed on Coincheck and among the 15 digital currencies in total. Some of the other digital currencies that will be purchase with Japan Yen and tradeable against BTC (Bitcoin) include LTC (Litecoin), ETH (Ethereum), and more.
“Enjin made a great decision when they entered the Japanese market back in 2019. It was determined to develop its business in space despite the harsh conditions that were available back then. However, after one year of due diligence, the listing and approval of Enjin Coin on Coincheck became an important milestone for Enjin together with the adoption of its platform in Japan.”
According to Enjin CEO Maxim Blagov, the firm anticipated taking advantage of creating a shop in one of the business gaming markets. It has also strived to benefit from the nation’s technological innovation culture.
“Right from Super Mario all the way top Final Fantasy and Pokeman, Japan became home to pioneering games that held a lasting spot in the pop industry. The culture of innovation in Japan is aligned with Enjin. We all believe that some of the world’s best blockchain will come from the gaming industry in Japan. We will be there to assist them in leveraging this great technology to the fullest.”
ENJ (Enjin Coin) was first launched way back in 2017, with mainnet launched the following year. Enjin made headlines immediately after announcing ENJ (Enjin Coin) will be shipped as one of the native applications.