Enso lands on CoinList: Are there still wealth opportunities at the ultimate gateway to on-chain development?
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Enso lands on CoinList: Are there still wealth opportunities at the ultimate gateway to on-chain development?
Enso has raised approximately $10 million in funding to date.
Navigating Web3 tides with focused insightsAuthor: 1912212.eth, Foresight News
CoinList will launch the Enso (ENSO) token sale on June 13. The ENSO FDV is set at $125 million, with a total of 4 million tokens offered in this round at a price of $1.25 per token. All tokens will be fully unlocked at TGE. The purchase limit ranges from a minimum of $100 to a maximum of $2.5 million. This CoinList sale accounts for 4% of the total token supply. Users who do not win a spot will receive refunds to their CoinList wallets within 48 hours.
What is Enso?
Enso integrates all blockchains into a unified network. Blockchain developers need only integrate once to read, write, and interact with smart contracts across any chain. Its founder, Connor Howe, previously worked at Sygnum (a digital asset banking group) and graduated from the University of Stirling.
In 2025, the real barrier to mass adoption is no longer TPS, decentralization, storage, or block size—it’s the complexity of building real products on-chain. If developers cannot deliver products quickly, easily, and reliably, even the best underlying performance metrics become irrelevant.
Despite various "gatekeeping" mechanisms in traditional app stores, Google Play hosts 2.7 million apps, Apple App Store offers 1.95 million, and Steam features over 101,000 games. In contrast, the permissionless world of crypto currently has only around 4,800 applications.
The crypto ecosystem includes over 1,000 blockchain frameworks, with more than 41 million smart contracts already deployed on Ethereum alone. Integration complexity forces innovative teams to become “integration experts”—often spending over $500,000 and more than six months on integration work instead of focusing on what truly matters: product development, community building, and user distribution.
Web3 has historically struggled to enable rapid, product-centric experimentation. In contrast, Web2 platforms like GitHub, Figma, and Unreal Engine allow users to easily share creations and outputs, enabling high reusability, low redundancy, and fast product iteration.
Enso is building exactly this kind of infrastructure for Web3 developers—unifying all blockchain data, chains, and smart contracts into one powerful network. With Enso, developers can reduce their build cycle from over six months down to under one week.
How It Works
The Enso network covers the entire ecosystem of reading data and executing on-chain operations. Enso builds a decentralized, open network where both developers and AI agents can contribute data sources and smart contract information required for execution. Enso leverages tools to access the latest ecosystem developments, enhances developer stickiness, and converts new Web3 developers into Enso users.
A similar data contribution model has succeeded in Web3 before—The Graph (GRT, market cap $924 million, FDV $1.04 billion), which focuses on data indexing services. Currently ranked #78 by market cap, GRT demonstrates the viability of such models. Unlike GRT, Enso offers not only data indexing capabilities but also transaction execution functionality, making its post-launch performance highly anticipated.
The Enso network is driven by three core participant types:
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Action Providers: Contribute modular contract abstractions.
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Graphers: Develop complex algorithms that combine multiple action modules to fulfill specific requests.
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Validators: Verify the security and efficiency of solutions to ensure reliable network operation.
Tokenomics
ENSO has a total supply of 100 million tokens: 25% allocated to the team, 31.3% to investors, 23.2% to the foundation, 1.5% to advisors, and 15% to the ecosystem treasury.
Typically, VC allocations around 20% are considered standard. However, ENSO allocates as much as 31.3% to investors, which may lead the community to perceive it as a VC-heavy token. According to Rootdat, the project first raised $5 million in April 2021, led by Polychain Capital with participation from Multicoin Capital, Cyber Fund, Spartan, and others. In June 2024, Enso secured an additional $4.2 million in funding, with Hypersphere Ventures among the participants.
The ENSO token serves four primary functions:
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Query Fees: Every request made to the Enso network incurs a fee. These fees are embedded in the generated bytecode, settled in ENSO tokens via auction, and distributed among network participants.
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Network Governance: ENSO holders can participate in governing the network’s future, including system upgrades, reward distribution, and key infrastructure decisions.
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Validation Mechanism: Validators play a crucial role in securing the network, reviewing contributions, and validating changes. ENSO holders can delegate their tokens to professional node operators worldwide, further enhancing the network's decentralization and resilience.
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Staking Mechanism: ENSO holders can stake their tokens to provide stronger economic security for the network.
The official roadmap indicates that Enso will have its TGE in Q3 of this year.
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