Japan Virtual Currency Exchange Association officially whitelists the Enjin Coin in Japan. Whitelisting is the official practice of allowing identified entities access to a particular privilege, service, mobility, access or recognition. This is pretty big news for Enjin, as the coin in itself acts as a store of value when it gets locked into non-fungible tokens within the Enjin ecosystem. In addition, this isn’t just possible within Enjin’s ecosystem alone, but there's a huge amount of potential where cross ecosystem integration can be built through in-app economies.
Japan seems to be a really good use case for Enjin, as Japan contains one of the biggest gaming ecosystems in the world. Even within their corporate structure, we have the likes of Sony, Nintendo, Sega, Bandai Namco, Konami, Square Enix, etc. In addition, they are the first gaming cryptocurrency that was approved by the JVCEA under the Fund Settlement Law.
For this next bull cycle, Enjin might be a top performer, as it keeps developing, marketing, and integrating its technology in an expedient manner.