MATIC & ENJ Now Listed on Kraken Exchange

The Kraken exchange just got a DeFi and NFT token boost with the additions of both MATIC and ENJ. Two tokens that I believe are poised to be dominant players in the future of crypto.

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Two significant additions have been announced for the Kraken exchange as MATIC and ENJ are now available for trading.

Listings come and go and sometimes we see the larger more prestigious exchanges make announcements and likely don't give it much thought. I think this listing is a perfect reflection of the crypto-space-time we are currently in.

A snap snap shot of the now!

The RISE Of The Machines

Ethereum Virtual Machine that is! No potentially lethal time travelling robots to see here. EVM is where it's at, it might not always be the case but I would wager for the next couple crypto cycles minimum and potentially a technology that becomes integrated with everyday life for the masses for decades to come.

This is all being built right now and MATIC helps solve the scalability issues of the Ethereum blockchain and it's working.

MATIC is now the leading blockchain in daily transaction volume.

Check out that great post from the desk of @dalz as he did a nice little break down comparing ETH, BSC, and MATIC on-chain activity.

Not only is MATIC leading in daily transaction volume but lowest fee's, it's working!

These are the three big players in the smart contract realm, and they should all be listed on every major exchange on the planet by now, no exceptions.

NFT Kingdoms Being Built

I think it's still too early in the NFT space to know for sure who the dominant players will be for the next couple cycles but one thing is for sure and that is that ENJ will be part of the conversation.

ENJIN is an entire ecosystem that is purpose built for NFT's. It's a platform, wallet, and marketplace with products designed make it easy for individuals, businesses, and brands to use non-fungible tokens.

Think NFT's, Games, Communities, Software. ENJ is positioning itself to be a part of all of this action.

That said there is significant competition in this space and things can change very quickly with the right partnerships or product release. Take Flow blockchain for example, no one was talking about them until Dapper Labs brought NBA Top Shots to market.

Enjin currently occupies the #4 spot for NFT coins and I would fully expect that they remain in the top 10 NFT coins for the next two crypto cycles.

Nothing is for certain and the list of top NFT coins is no exception. There will be constant changes and innovations here to come, with each coin jockeying for position over the coming years, this will be a fun one to watch unfold.

No Surprises Here

All this said, the additions of MATIC and ENJ should come as no surprise, and I think it speaks to the current crypto-space-time we're currently operating in.

Both of these business are here to stay and play a part of shaping the future of crypto.

Ciao for now,

@agr8buzz

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