Enso logs into CoinList, is there still wealth opportunities at the ultimate entry point for on-chain development?

CN
1 day ago

Enso has completed approximately $10 million in financing to date.

Written by: 1912212.eth, Foresight News

CoinList will launch the Enso (ENSO) token sale on June 13. The ENSO FDV is $125 million, with a total sale volume of 4 million tokens, priced at $1.25 each. 100% of the tokens will be unlocked at TGE, with a purchase limit of a minimum of $100 and a maximum of $2.5 million. The CoinList platform sale accounts for 4% of the total token supply, and users who do not win the lottery will receive a refund in their CoinList wallet within 48 hours.

What is Enso

Enso integrates all blockchains into a unified network. Blockchain developers only need to integrate once to read, write, and interact with smart contracts on any chain. Its founder, Connor Howe, previously worked at Sygnum (a digital asset banking group) and graduated from the University of Stirling.

By 2025, the real barrier to widespread adoption will no longer be TPS, decentralization, storage, or block size, but rather the complexity of building real products on-chain. If developers cannot deliver products quickly, easily, and reliably, then no matter how good the underlying performance metrics are, it will be of no use.

Despite various "gatekeeping" mechanisms in traditional app stores, the Google Play Store has 2.7 million apps, the Apple App Store offers 1.95 million, and there are over 101,000 games on Steam. In the permissionless environment of the crypto industry, however, there are currently only about 4,800 applications.

There are over 1,000 blockchain frameworks in the crypto ecosystem, and Ethereum alone has deployed over 41 million smart contracts. The complexity of integration has forced originally innovative teams to become "integration specialists"—often requiring over $500,000 and more than 6 months of development time to do the integration, preventing them from focusing on what truly matters: product development, community building, and user distribution.

The Web3 space has historically struggled to achieve product-centric rapid experimentation. In the Web2 ecosystem, platforms like GitHub, Figma, and Unreal Engine allow users to easily share their creations and results, enabling high reuse, low redundancy, and rapid product iteration.

Enso has built such infrastructure for developers in Web3—it unifies all blockchain data, chains, and smart contract information into a powerful network. With Enso, developers can reduce their build cycle from over 6 months to less than 1 week.

Operational Logic

The Enso network covers the entire ecosystem of reading data and executing on-chain operations. Enso builds a decentralized, open network that allows developers and AI agents to contribute the data sources and smart contract information needed for execution. Enso can access all the latest ecological developments through tools, enhancing developer engagement and converting new Web3 developers into Enso users.

There have been successful data contribution models in Web3, such as The Graph (GRT, market cap $924 million, FDV $1.04 billion), which focuses on data acquisition services. Currently, GRT ranks 78th by market cap. Enso not only provides data scraping capabilities but also has transaction execution capabilities, making its performance post-launch highly anticipated.

The Enso network is driven by three core participants:

  • Action Providers: Contribute modular contract abstractions.

  • Graphers: Develop complex algorithms to integrate multiple operation modules to meet specific requests.

  • Validators: Responsible for verifying the security and efficiency of solutions, ensuring the reliable operation of the network.

Token Economics

The total supply of ENSO is 100 million tokens, with 25% allocated to the team, 31.3% to investors, 23.2% to the foundation, 1.5% to advisors, and 15% to the ecosystem treasury.

Generally, a VC token allocation of 20% is considered normal, while this time the allocation to VCs for ENSO tokens is as high as 31.3%, which may lead the community to associate it with VC coins. According to Rootdat, the project first completed $500,000 in financing in April 2021, led by Polychain Capital, with participation from Multicoin Capital, Cyber Fund, Spartan, and others. In June 2024, Enso raised another $4.2 million, with participation from Hypersphere Ventures.

In terms of token utility, ENSO has four main uses:

  • Query Fees: Each request to the Enso network will incur a fee. The fee mechanism will be embedded in the initially generated bytecode, and these fees will be settled in ENSO tokens through an auction format, distributed to various participants in the network.

  • Network Governance: ENSO token holders can participate in the future governance of the network, such as system upgrades, reward distribution, and key infrastructure decisions.

  • Verification Mechanism: Validators play a key role in ensuring network security, auditing contribution content, and network changes. ENSO holders can delegate their tokens to professional node operators distributed globally, further enhancing the network's decentralization and resilience.

  • Staking Mechanism: ENSO holders can provide stronger economic security for the network through staking.

The official roadmap indicates that Enso will have its TGE in Q3 of this year.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Bybit: $50注册体验金,$30,000储值体验金
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink