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Early investors in Enso, the blockchain shortcuts startup that’s making dApp development easier than ever, are scrambling to get hold of some red-hot ENSO tokens ahead of its community round on the token issuance platform CoinList.
Enso says 4% of its total supply of 100 million ENSO tokens will be made available to the public via the round, which is set to go live on June 12 and is anticipated to raise $5 million in funding from the project.
The tokens are expected to be in high demand for Enso has emerged as one of Web3’s most exciting projects for developers. With its pioneering blockchain shortcuts, it helps to accelerate the dApp building process by taking a lot of the hassle and grunt work out of the equation.
Enso, backed by Polychain Capital, Multicoin Capital, Cyberfund, IdeoVentures, Spartan and others, is on a mission to unify every blockchain in existence through its shortcuts, which combine multiple on-chain actions into simple, pre-built and reusable building blocks that developers can add to their dApps with ease.
The company aims to eliminate the hassles of building blockchain-based applications, which involve dealing with fragmented networks and complicated integrations just to enable simple functionality like cross-chain swaps.
It has built shortcuts for a laundry list of blockchain actions, such as token swaps, DeFi routing, treasury tools and automation, asset management, DeFi protocol integrations, smart contract interactions and even complex transaction bundling. So rather than spend hours slaving away trying to build each interaction to make these things happen, developers can just grab one of Enso’s shortcuts and add it to their dApp, and they’ll gain the above capabilities in an instant.
Because Enso is an open-source network, developers can also participate in its development, adding the smart contract information and data fees needed to execute various actions, and earn rewards for doing this.
Enso said its community round will launch on CoinList at 5 p.m. UTC on June 12, where it will run for exactly one week, closing at the same time on June 19. Enso’s community can register now to get hold of ENSO at a fully-diluted valuation of $125 million — lower than its earlier round, in line with an earlier promise of favorable entry conditions for early backers.
According to Enso’s co-founder Connor Howe, the round is not just an opportunity for the community, but essential to boost the decentralization of its protocol. He believes there’s going to be big demand for ENSO, given the critical role it plays in the ecosystem. “With the support of our growing community, we’re on course to launch a new era for blockchain interoperability that’s easier for developers and users alike to interact with,” he promised.
Enso’s idea of creating an abstraction layer that simplifies and standardizes all
blockchain actions clearly holds a lot of promise, and it has enjoyed major traction since launching last year. In January, it revealed it had processed over $11 million worth of transactions within the first week, a number that has since grown to more than $15 billion.
More than 100 enterprises are now building dApps with Enso, including staking and restaking protocols, asset management tools, cross-chain infrastructure, DEX and perpetuals platforms, AI frameworks and Telegram bots.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
Source: https://cryptodaily.co.uk/2025/06/blockchain-abstraction-startup-enso-to-kick-off-5m-community-round-on-coinlist