Enso has launched, let's talk about it from a product perspective.
First of all, this is definitely a story that VCs would like, as it believes that Web3 mass adoption relies on a large-scale explosion on the application side. However, compared to the traditional application market, there are only about 4,000 crypto applications. Enso abstracts smart contract functions into Actions, simplifying the development process into a combination of Actions. It already has many practical cases:
For example, when Uniswap incentivized Unichain, there was a feature that allowed users to migrate LP from v2/v3 to v4 on Unichain with one click. The entire process includes extraction + bridging + redeployment. This feature was developed collaboratively by Uniswap, LayerZero, and Enso. All the DeFi-level executions involved here mainly rely on integrating Enso Actions, while the cross-chain part is handled by LayerZero, eliminating the need to develop from scratch and allowing developers to use Actions directly, significantly saving development costs.
Enso refers to itself as a "blockchain shortcut."
There are many similar cases; protocols like Yearn, Morpho, and Benqi have all utilized it. Currently, its largest application area is providing strong convenience for functional expansion development of many mainstream protocols. When the wave of application innovation arrives, its role as a "development booster" may become even more significant.
The funding background comes from Polychain, Multicoin, Spartan, Hypersphere, and others. The design of the token economy is mainly used for fee payments, such as when users submit intentions, they need to pay a $ENSO fee, and developers need to pay fees to call APIs (routing, packaging). From another perspective, it is also a relatively unique "developer ecosystem L1," with its growth coming from the scale of developer adoption. There is also a hidden opportunity brought by the combination demand in the AI Agent track, which are key points for the project's development.
Today, the Enso Network is live on Mainnet.
Four years. Two pivots. One mission.
We built, we failed, we adapted.
Now, we connect it all, from Neobanks to AI Agents to Stablecoins.
Meet the unified engine of Web3.
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