Enigma: Decentralized Privacy Computing Platform

The Enigma whitepaper was released by the Secret Network core team based on Enigma project research after the mainnet launch in February 2020, aiming to address the privacy leakage problem caused by data transparency on public blockchains and to explore the possibilities of a “general-purpose programmable privacy blockchain.”

The theme of the Enigma whitepaper is “an open-source, blockchain-based protocol that allows computation on encrypted data, bringing privacy to smart contracts and public blockchains.” What makes Enigma unique is its “Secret Contracts,” which by default encrypt inputs, outputs, and state, and use Trusted Execution Environment (TEE) technology to achieve privacy-preserving computation on-chain. The significance of Enigma lies in laying the foundation for data privacy in Web3 applications, unlocking innovative use cases that are impossible on public blockchains, such as privacy DeFi and secure NFTs.

The original intention of Enigma is to solve the lack of privacy on public blockchains and to embed data privacy into every Web3 application. The core idea presented in the Enigma whitepaper is: through “Secret Contracts” and programmable privacy mechanisms, combined with Trusted Execution Environments (TEEs), to strike a balance between decentralization and data confidentiality, thereby enabling users to have full control over their sensitive data and empowering privacy-preserving decentralized applications.

Interested researchers can access the original Enigma whitepaper. Enigma whitepaper link: https://nigmagame.gitbook.io/whitepaper

Enigma whitepaper summary

Author: Luca Ferraro

Last updated: 2025-12-11 23:41

The following is a summary of the Enigma whitepaper, expressed in simple terms to help you quickly understand the Enigma whitepaper and gain a clearer understanding of Enigma.

Introduction to the Enigma (ENGM) Project

Hello friends! Today, let's talk about a blockchain project called “Enigma.” However, before we dive in, I need to give you a heads-up: the name “Enigma” is a bit of a “duplicate” in the blockchain world. There are several projects on the market using the name “Enigma,” each with very different goals and technical directions. The most well-known is the Enigma project focused on blockchain privacy computing (its token symbol is usually ENG, which later evolved into Secret Network). But today, we’re discussing the Enigma project you specifically mentioned, with the token symbol ENGM.

Unfortunately, after considerable effort, I was unable to find an official whitepaper or detailed technical documentation for this specific Enigma (ENGM) project. Therefore, I cannot provide you with a comprehensive introduction covering the project’s vision, technical features, tokenomics, and all other details as originally planned. However, based on the publicly available information I could gather, I can still offer you some valuable preliminary insights.

What is Enigma (ENGM)?

According to available information, Enigma (ENGM) is described as a Web3-based free-to-play and play-to-earn 5v5 shooter game project. You can think of it as an online shooting game running on the blockchain, where you can earn digital assets while playing. The project emphasizes “gameplay first, economy second,” meaning they aim to provide a fun gaming experience first, with the built-in economic system as a secondary focus.

In this game, players can choose different characters and customize them. There will also be unique weapons in the game, which can exist as non-fungible tokens (NFTs) and be traded on the project’s native NFT marketplace. You can think of NFTs as “digital collectibles” on the blockchain—each NFT is unique, just like a piece of art or a limited-edition item in the real world.

Basic Project Information

Token Symbol: ENGM
Network: This project runs on Binance Smart Chain (BSC). Binance Smart Chain is a popular blockchain platform known for its fast transaction speeds and relatively low transaction fees.
Contract Address: The contract address for the ENGM token is 0xb05282C91e6eC280Ed660A9744670eFF12f97460. This address is the token’s “ID card” on the blockchain.
Total Supply (self-reported): According to the project’s self-reported data, the circulating supply of ENGM is 1,000,000,000 tokens.
Where to Buy: Currently, ENGM tokens can be purchased on decentralized exchanges such as PancakeSwap.
Community: The project has official accounts and communities on platforms like X (formerly Twitter), Telegram, and Discord, where players and interested parties can get the latest updates and interact.

Common Risk Warnings

Due to the lack of an official whitepaper and detailed project materials, it is difficult to conduct a comprehensive assessment of the Enigma (ENGM) project. Here are some general risks applicable to such projects for your reference:

Information Transparency Risk: The absence of an official whitepaper means the project’s information is not transparent enough, making it difficult for investors to fully understand the technical details, economic model, team background, and future plans.
Market Risk: Play-to-earn (P2E) game tokens are usually highly volatile, affected by factors such as game popularity, player numbers, and market sentiment.
Economic Model Sustainability Risk: The economic models of P2E games are complex. If the incentive mechanisms are unreasonable or the game content lacks appeal, it may lead to player attrition, which in turn affects the token’s value.
Technical and Security Risks: Any blockchain project may face technical risks such as smart contract vulnerabilities and network attacks.
Compliance Risk: Regulatory policies for cryptocurrencies and P2E games are still unclear worldwide, and there may be compliance challenges in the future.

Project Summary

As a 5v5 shooter game in the Web3 space, the Enigma (ENGM) project attempts to combine free-to-play and play-to-earn models, utilizing NFT technology to provide players with digital assets. However, due to the lack of an official whitepaper and detailed public information, we can only have a preliminary understanding of it at this time. In particular, some promotional information about its tokenomics (such as “invest $100 to get up to 100% monthly returns”) sounds more like a high-risk investment promise rather than a rigorous project introduction, which requires everyone to be highly vigilant.

In the blockchain and cryptocurrency space, information transparency and the completeness of official documentation are crucial for evaluating a project’s value. For projects like Enigma (ENGM) with limited information, it is strongly recommended to exercise caution and conduct thorough independent research (Do Your Own Research, DYOR). Please remember, the above content is for informational sharing only and does not constitute any investment advice.

Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.