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Enjin Smart Wallet becomes the world’s first cryptocurrency wallet to support rich ERC-1155 and ERC-721 data

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Enjin has released its latest update to the Enjin Smart Wallet, which showcases rich data and images for ERC-721 and ERC-1155 tokens (in addition to currently supporting 700+ cryptocurrencies). The update is expected to transform the gaming industry, with players now able to see, store, receive, and protect their items in a decentralized manner, thereby giving them true sovereignty over their in-game assets.

The wallet will initially support War of Crypto, Gods Unchained, and CryptoKitties, with many additions from various industries soon to come. Due to the ERC-721 standard’s design, each legacy token will need to be added to the wallet manually. However, ERC-1155 tokens will be automatically integrated into the wallet as they are created, offering frictionless support for ERC-1155 adopters. To celebrate this momentous event, Enjin is giving wallet users who register at https://enj.li/giveaway, a free multiverse item that will be usable in several different games.

Arguably the world’s most advanced cryptocurrency wallet, the Enjin Smart Wallet features a clean and intuitive interface, fingerprint login, the ability to monitor and manage unlimited blockchain addresses. The wallet also implements more vigorous security measures than most banking and finance apps, utilizing NSA-grade AES-256 encryption, Arm Compiler, RAM and Hardware Encryption, and a keylogger-proof keyboard.

The Enjin Wallet has received a high rating of 4.7 out of 5 (equivalent to 94%) in the Google Play Store, which offers the Android version of the app. On Google Play alone, users have downloaded the wallet more than 129,000 times. There have also been more than 81,000 downloads of the wallet’s Android package file API, often used by app developers, and the Apple iOS version.

Enjin recently successfully launched their smart contracts on Ethereum’s Mainnet, enabling developers to create their own ERC-1155 tokens with support from Enjin’s robust suite of tools. These ERC-1155 tokens will soon be automatically added to the Enjin Smart Wallet, with users able to hold and manage them securely.

Announced in late June, ERC-1155 has created a sizable buzz as a token standard that opens a multitude of use cases for blockchain technology. Designed for flexibility, ERC-1155 enables minting of fungible, semi-fungible, and non-fungible tokens, meaning items minted using the token standard can be completely unique, completely identical, or somewhere in between. The standard is also far more efficient than ERC-20 and ERC-721, allowing users to initiate bundled transactions of up to 200 tokens at a time.

Enjin’s soon-to-be-released blockchain explorer EnjinX will also provide native support for the ERC-1155 token. Acting as an encyclopedia for virtual items on the blockchain, EnjinX will enable users to verify the intrinsic value of items by accessing data relating to their scarcity, identity, history, providence, and authenticity. Seven games have already announced their adoption of the ERC-1155 standard to tokenize gaming items, with many more on the horizon.

Unity Technologies has also announced plans to list Enjin’s Blockchain Software Development Kit (SDK) on the front page of their Asset Store. The Unity game engine is the world’s largest game development platform. Adoption of Enjin’s Blockchain SDK will enable 4.5 million Unity developers to mint ERC-1155 crypto items and manage advanced gameplay mechanics through transactions on the Ethereum blockchain. All users that wish to create ERC-1155 tokens through any of Enjin’s development platforms will need Enjin Coin (ENJ) and Ethereum (ETH) to do so.

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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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