Enjin Crypto News: Captain & Company Asks 200,000 ENJ for Ships

Enjin referendum 17 would pay 200,000 ENJ from the treasury so Captain & Company ships can move to Enjin. Voting ends on the 18th of November 2026.

A low-poly pirate ship's deck under a bright blue sky. Small cartoon pirates with green, blue and purple hair stand at cannons along the rail, while a second ship sails close alongside.

On the 4th of November 2026, Captain & Company said its ship cards could move to Enjin, with ENJ added to each one, if an Enjin treasury vote passes. Captain & Company is a pirate online game. ENJ is the coin of the Enjin Blockchain. The game’s ships sit on Abstract, a blockchain that closes on the 15th of December 2026. Every ship would move to Ethereum after Abstract’s last block. Owners who want Enjin instead would have to opt in on capnco.gg/profile by the 7th of December 2026, UTC time, with an Enjin wallet linked. Ships that are not opted in would go to Ethereum. [1] The vote is Enjin referendum 17. It asks for 200,000 ENJ from Enjin’s community treasury, and ENJ holders can vote on it until the 18th of November 2026. [3] Since Captain & Company’s thread on the 4th of November 2026, ENJ has fallen 4.0%, from $0.02414 to $0.02316 on the 9th of November 2026. The wider gaming market fell 5.7% over the same days.

All ships will be force-migrated to Ethereum after the last Abstract block shortly after Dec 15. However, if the vote passes, for those that opt in to the additional Enjin migration via https://capnco.gg/profile, their ships will be migrated to Enjin and infused with $ENJ. [1]

Captain & Company on X, the 4th of November 2026
A dark chart titled 'Where your ships go when Abstract closes'. It shows Clockwork Brigs and Wraith Brigs moving to Ethereum automatically, or to Enjin with ENJ added if the owner opts in by the 7th of December. Figures at the bottom read 100,000 ENJ pool, 1:7 share and 100 / 700 ENJ cap.
Captain & Company's chart of the two routes for its ships, posted on the 4th of November 2026 (Captain & Company on X)
Daily closes for ENJ over the 30 days to the 9th of November 2026, with the swing envelope.
ENJ: daily closes and the levels it turned at: data table
DateENJFloorCeiling
2026-10-110.03200.02940.0320
2026-10-120.03100.02910.0317
2026-10-130.03080.02890.0314
2026-10-140.02960.02860.0311
2026-10-150.02940.02830.0307
2026-10-160.02930.02810.0304
2026-10-170.02890.02780.0301
2026-10-180.02640.02760.0298
2026-10-190.02690.02730.0295
2026-10-200.02800.02700.0292
2026-10-210.02860.02680.0289
2026-10-220.02620.02650.0286
2026-10-230.02650.02630.0283
2026-10-240.02510.02600.0280
2026-10-250.02460.02570.0276
2026-10-260.02510.02550.0273
2026-10-270.02570.02520.0270
2026-10-280.02570.02500.0267
2026-10-290.02370.02470.0264
2026-10-300.02400.02440.0261
2026-10-310.02400.02420.0258
2026-11-010.02370.02390.0255
2026-11-020.02350.02370.0252
2026-11-030.02410.02340.0249
2026-11-040.02450.02310.0245
2026-11-050.02320.02290.0245
2026-11-060.02350.02260.0245
2026-11-070.02290.02230.0245
2026-11-080.02210.02210.0245
2026-11-090.02320.02210.0245

What we have published before

What the token actually does

Enjin Coin is a cryptocurrency and smart contract platform for managing virtual goods.

ENJ pays the fees for every action on the Enjin Blockchain. It can also be staked with validators, the computers that run the network, and it is used in Enjin’s governance votes. A game can lock ENJ inside an item on Enjin, which Enjin calls infusion. The holder can melt the item at any time to get that ENJ back. Once an item holds ENJ, the amount can rise but never fall. [4] Lost Relics is a free-to-play game on Enjin where players explore, collect and trade items.

Performance

In the three months to the 9th of November 2026, ENJ fell 7.4%. The wider gaming market fell 9.1% over the same window.

  • On the 9th of November 2026, the token rose 4.9%. The wider gaming market rose 1.1%.
  • That day it ranked 15th of the 82 gaming tokens trading over $5,000 a day that gained.
  • It trades 99.5% below its all-time high, set in November 2021. The wider gaming market sits 95% below its own.
ENJ against Gaming Token Index – Composite over the 92 days to the 9th of November 2026.
ENJ and Gaming Token Index – Composite, day by day: data table
DateENJGaming Token Index – Composite
2026-08-10100.0100.0
2026-08-1198.394.6
2026-08-1299.895.6
2026-08-1395.392.7
2026-08-1497.089.9
2026-08-1596.386.8
2026-08-1695.386.9
2026-08-1794.785.8
2026-08-1893.384.5
2026-08-19100.087.0
2026-08-20103.991.0
2026-08-21112.297.5
2026-08-22109.497.4
2026-08-23113.297.3
2026-08-24110.296.4
2026-08-25104.794.5
2026-08-26104.994.5
2026-08-27106.596.7
2026-08-28101.695.4
2026-08-29100.795.8
2026-08-3099.095.5
2026-08-3197.594.3
2026-09-0197.893.9
2026-09-0297.793.9
2026-09-03104.097.3
2026-09-04111.895.2
2026-09-05110.497.1
2026-09-06107.997.2
2026-09-07109.698.5
2026-09-08108.998.4
2026-09-09107.797.1
2026-09-10103.593.4
2026-09-11102.794.2
2026-09-12106.395.1
2026-09-13107.996.5
2026-09-14104.096.9
2026-09-1598.492.8
2026-09-1697.392.1
2026-09-17103.795.4
2026-09-18109.5100.6
2026-09-19109.5102.5
2026-09-20109.5101.7
2026-09-21112.9107.9
2026-09-22116.4109.7
2026-09-23109.4107.0
2026-09-24112.0109.7
2026-09-25118.0112.9
2026-09-26119.0113.5
2026-09-27122.4115.1
2026-09-28116.6109.8
2026-09-29117.6111.4
2026-09-30117.2107.4
2026-10-01119.9109.3
2026-10-02130.3115.0
2026-10-03134.1119.0
2026-10-04134.0122.0
2026-10-05135.4122.0
2026-10-06131.7119.4
2026-10-07122.2116.0
2026-10-08120.6112.2
2026-10-09125.4114.4
2026-10-10127.1116.6
2026-10-11127.9116.8
2026-10-12124.1113.7
2026-10-13123.2111.4
2026-10-14118.5106.9
2026-10-15117.7106.9
2026-10-16117.0105.5
2026-10-17115.5105.2
2026-10-18105.799.8
2026-10-19107.7102.2
2026-10-20111.8105.3
2026-10-21114.3109.6
2026-10-22104.7100.8
2026-10-23105.8102.0
2026-10-24100.699.1
2026-10-2598.297.8
2026-10-26100.497.8
2026-10-27102.698.6
2026-10-28102.999.9
2026-10-2994.996.2
2026-10-3095.997.3
2026-10-3196.199.0
2026-11-0195.099.4
2026-11-0294.096.1
2026-11-0396.596.5
2026-11-0498.297.9
2026-11-0592.992.9
2026-11-0693.894.0
2026-11-0791.892.7
2026-11-0888.390.0
2026-11-0992.690.9
How far the token and Gaming Token Index – Composite moved over each window, to the 9th of November 2026.
ENJ against Gaming Token Index – Composite: data table
WindowENJGaming Token Index – Composite
1 year-49.84%-65.43%
6 months-52.30%-34.40%
3 months-7.37%-9.07%
1 month-27.09%-22.03%
ENJ on the day, beside the gaming tokens trading over $5,000 a day that moved most in the same direction rather than the ones closest to it.
ENJ against the biggest movers in its group: data table
TokenReturn
ENJ+4.9%
BCAT+66.7%
GMTO+18.2%
NAKA+17.2%
OTK+10.6%
SIXP+10.5%

More on the story

Proposal 17 is written in Captain & Company’s name. Under it, an owner who opts in burns the ship on Ethereum, and Captain & Company mints the same ship to the owner’s Enjin wallet. Only Clockwork Brigs and Wraith Brigs held at Abstract’s last block count, and ships in the team’s own wallet do not. The proposal said 1,144 wallets held 3,228 Clockwork Brigs and 26 Wraith Brigs on Abstract. [2]

Half of the 200,000 ENJ, 100,000 ENJ, would be shared among the ships that move. A Wraith Brig would get seven times the share of a Clockwork Brig. A Clockwork Brig could get at most 100 ENJ and a Wraith Brig at most 700 ENJ, and anything left would go back to the treasury. The proposal estimated about 30 ENJ per Clockwork Brig and about 212 ENJ per Wraith Brig if every eligible ship moved. The ENJ stays inside each ship, and the holder gets it back only by burning the ship. [2]

The other 100,000 ENJ would go to the studio. Captain & Company would spend 75,000 ENJ on the cost of moving to and running on Enjin, and 25,000 ENJ on player rewards, both “at our discretion”. It promised a final report within 30 days of the opt-in window closing. [2]

By the 10th of November 2026, four accounts had voted 10,002.01 ENJ, all in favour. One of them cast 10,000 ENJ. A vote also needs enough of all ENJ behind it to pass. That day it had under 0.01% of all ENJ, against 1.9% needed. [3] If the vote fails, every ship goes to Ethereum. [1]

The vote pays the 200,000 ENJ to the account that submitted the proposal. The proposal’s text names a different account as Captain & Company’s. [3]

References

  1. ↑ (Captain & Company, on X, the 4th of November 2026) Source
  2. ↑ (Enjin governance, proposal 17, the 4th of November 2026) Source
  3. ↑ (Subscan, Enjin’s on-chain governance record, the 10th of November 2026) Source
  4. ↑ (Enjin, Enjin Coin documentation) Source

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