Kriptomat Fiat-to-Crypto Exchange to Offer Non-Fungible Tokens (NFTs) with Enjin (ENJ) Partnership

Kriptomat cryptocurrency exchange announced on their blog the addition of the Enjin X Ethereum blockchain explorer to their platform. Enjin is a blockchain company offering its users a decentralized platform for gaming. The report further reports that the explorer offers its users a friendly experience and is easy to use. This comes after the exchange introduced the ERC 1155 non-fungible Founder’s tokens to celebrate the partnership with Enjin.

Kriptomat Exchange Partners With Enjin

Kriptomat announced they will introduce the Ethereum-based ERC 1155 tokens through the partnership with Enjin blockchain gaming platform. This signifies the first time that a cryptocurrency exchange has chosen to adopt blockchain-based virtual items to gamify user experience.

The partnership between Kriptomat and Enjin promises to increase the level of adoption and real-life use case of cryptocurrencies. The ERC 1155 tokens will be used as blockchain based rewards for gamers and they also can use the fungible to use in the system increasing the user engagement on the platform.

The Kriptomat Founder’s Non-Fungible Tokens

The partnership kicked off with the non-fungible Kriptomat Founder’s tokens, an exclusive collectible that will offer unique rewards to holders on the platform. The token will be offered to the earliest participants until March 10th, 2019, a month after the competition started.

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Kriptomat will natively integrate ERC-1155 tokens so users can receive trading points, referral rewards, collectibles, and gaming items that provide trading discounts. Furthermore, the announcement reads that the holders of the Founder’s tokens will receive rewards in perpetuity and will be drafted for future rewards as well.

The project is further strengthened by the interest in integrating the Kriptomat tokens by various blockchain game developers including Cats in Mechs, Alterverse, Cryptofights, Forest Knight and War of Crypto. This will connect the various gaming platforms making it easier to buy different items on the platforms.

Publication date: 
02/12/2019 - 18:28