ENG is the native token of Steem Engine. At the moment ENG is required to create tokens on the platform. A future use case will be creation and execution of smart contracts.
Further questions are answered in the FAQ.
A token might be enough for the intended use case. If a tribe is desired as a tasty side to new shiny tokens, go here and check out what else Steem Engine has to offer - for even more ENG.
Check yourself before you wreck yourself
Left Y-Axis: Token Volume; Right Y-Axis: Steem/ENG
Time frame: 06.03.2019 until 30.10.2019
Volume
Price
Average
2706
0,79
Median
1152
0,90
Min
1
0,15
Max
120094
1,00
Because of a massive spike in volume and drop in price around the 15.06.2019 the most representative baseline is a median volume of 1152 tokens per day and a median price of 0,9 Steem/ENG.
Price data is represented by daily lows in order to be conservative. Some tokens display a huge spread or sometimes don't trade at all. The daily low represents a bid where a transaction could happen.
Earlier selected posts in the series - ordered from newest to oldest:
SE Charts: WEED, WEEDM, WEEDMM
If you want to make some charts on your own:
Charting Ressources for SE Tokens
Disclaimer 1: Author owns no ENG at the time of writing.
Disclaimer 2: These charts do not constitute investment advice. Because why in the world would you take investment advice from a random account on the internet? What is wrong with you? Don't do that!