How will Enjincoin decrease fraud?
What other games/game developers are you talking to/working with?
When will Enjincoin launch?
Hi pschler, great questions.
Enjin Coin reduces fraud because cryptocurrency transactions are decentralized and irreversible. Merchants won't need to deal with chargebacks when players buy items in the economy. Also, players can't lose their items if their game account is banned or compromised. For transactions between players, we will have an escrow system. This is enforced by a smart contract so that each player gets exactly what they are expecting in any item/currency trade.
We're starting by developing plugins for Minecraft, Unturned (Rocketmod) and possibly ARK depending on viability. When we have the Minecraft MVP and Java API ready, we can start engaging with game developers and showing them demos of this in action and the SDK itself.
Enjin Coins will be distributed to pre-sale contributors on October 1st-3rd, and we're trying to get a min. viable product out by the end of the year! Trying to have it fully playable and live in Minecraft in January.