Samsung Galaxy S10 Smartphone Launching with Enjin Coin Wallet
This is huge for mass adoption.
Cryptocurrency and blockchain innovation is coming to a small screen everywhere around you. Samsung, a South Korean smartphone manufacturer with 31% of the worldwide mobile market share (compared to Apple’s 23% and Huawei and Xiaomi’s 8% each) is teaming up with Enjin to provide blockchain gaming services through their Samsung Galaxy Store.
Enjin has developed a crypto smart wallet for BTC, ETH, LTC, ERC-20 tokens and ERC-1155 crypto game assets. The ERC-1155 token standard was invented by Enjin CTO, Witek Radomski, combining the features of the classic ERC-20 standard with the ERC-721. ERC-1155 allows individual smart contracts to handle both fungible (identical) and non-fungible (unique) assets, resulting in increased transaction speeds and lower fees.
Enjin’s logo was spotted recently at the Samsung Mobile Business Development Summit amongst Samsung’s other business partners. Enjin has confirmed the partnership, but no details have been revealed.
Samsung Mobile Business Development Summit : They are serious about blockchain. Also features @enjin logo as a partner, confirming rumors in my video https://t.co/n1OpOP1fEF. Exciting times! pic.twitter.com/5t7TRWg0pc
— Boxmining (@boxmining) February 25, 2019
Enjin Coin (ENJ) spiked 206% on the news, settling at 116%.
Gamers will be able to store token winnings, as well as digital assets like developed characters; their weapons, clothing, and special abilities outside the games in which they were created. These items can be forged into Enjin Coins to be traded on exchanges directly from the wallet.
Hours and hours spent in playing games online can be monetized. This is going facilitate exponential growth in the entertainment and gaming industries.
Gamers will be able to move from game to game without losing the valuable time they have spend building inventory, developing characters and earning tokens. Being bored and experimenting with more exciting games just became valuable time investments.
The world of celebrity gamers just got launched to the moon, and Samsung may be leading this race.
You will no longer be wasting time playing mobile games. Your finger dexterity has the potential to create real value out of your time spent in queues, waiting for a lift or the next episode of Cracking Cryptocurrency to start on YouTube!
References:
1. Mobile market share
2. Coindesk
3. CCN
4. Asia Crypto Today
