ENSOEnso (ENSO) Price

1.Project introduction

Enso simplifies development and deployment of on-chain applications by unifying various blockchain frameworks into a single network. This enables developers to interact with smart contracts across multiple chains through a single integration point, effectively addressing cross-chain interoperability and complex integrations. Enso’s vision is to power seamless composability and interaction within Web3, fostering ecosystem growth and user adoption.

2.Team introduction

Connor Howe - Founder

Connor Howe is the founder of Enso. He previously worked at Sygnum and graduated from the University of Stirling.

Lindy Han - BD Lead at Enso

Lindy Han serves as the Business Development Lead at Enso. Her prior roles include APAC DeFi Strategic Account Manager at Allora, APAC Business Development Lead at LI.FI,Senior Business Development Manager at HTX, and Growth Manager at LATOKEN. Lindy Han graduated from Nanyang Technological University in Singapore.

3.Investment institution

Polychain Capital, Multicoin Capital, Spartan, Dialectic, Cyberfund, IdeoVentures

4.Token application and distribution

Token application

The $ENSO token is the primary governance and utility asset within the Enso ecosystem. It is used for governance voting to influence protocol upgrades and treasury allocations, pays fees for executing cross-chain Shortcuts, and rewards network participants including Action Providers and Graphers. It also supports staking for validation and delegation to earn a share of validation revenue.

Token distribution

Ecosystem - 21.59%, To foster the ecosystem, drive research and development, and ensure the network’s sustainable expansion over time. Including airdrop

Foundation - 16.605%, To cover operational costs, strengthen governance, and ensure the Enso Foundation’s sustainable development.

Community Round - 4%, Oversubscribed community round conducted on CoinList.

Advisor - 1.5%, To two advisors who guided Enso before its founding and have continued their support across its full journey.

Investors - 31.305%, Investors who have supported Enso since inception.

Team - 25%, To reward the ongoing alignment and long-term contributions of both current and future team members.