On January 15th, Enjin, a blockchain game development platform, announced that it has completed the early governance snapshot and expects the first batch of ENJ token rewards to be distributed within 48 hours. Users can check the distribution progress in the Enjin wallet. Enjin Blockchain currently has an early governance reward pool of 250 million ENJ to incentivize ENJ holders to migrate and participate in governance and validation supervision. The rewards will be distributed in 10 equal time intervals starting from block height 3247000 (expected to be January 15, 2024, Beijing time). Each Enjin chain cycle is 30 days, and 25 million ENJ will be released on each publication date.

Enjin Blockchain stated that after the token migration was launched on September 13th, 51% of the native ENJ used for ERC-20 token exchange has been successfully claimed. This successful initial migration ensures the security of the Enjin Blockchain and lays the foundation for initial governance and staking in the equity proof blockchain. Starting on January 15th, 2024, 250 million early governance rewards for ENJ will be released in 10 equal intervals.