Announcing the Enso Token Launch
The Enso Token Launch is postponed. The Enso team wants large distribution of their token to have a vibrant community, and with the recent extenuating market conditions, community contributions were affected. Any committed capital will be refunded for the current auction.
After 14 fixed-price sales, we are switching it up.
We’re thrilled to announce that auctions are back on CoinList.
Unlike traditional fixed-price CoinList launches, auctions let the community set the token price during the launch. Auctions aren’t entirely new on CoinList. In 2020, we ran 3: Solana ($0.22), Flow ($0.38), and Celo ($1).
The power of valuation is now once again in the hands of the community — set your bids and help determine the token price.
Our first auction of the year will be with Enso, the world's first intent engine. Enso connects all ecosystems within one network, enabling application developers and users to express their desired outcome as an intent, and allowing truly composable applications to be built without the necessity of building manual integrations.
The Enso Token Launch auction begins on July 31, 2024 at 17:00 UTC and ends August 7, at 17:00 UTC. The sale has one public option and will be an auction:
- Supply: 5,000,000 ENSO tokens (5% of the total supply)
- Reserve Price: $1.50
- Max Price: $8.00
- Lockup & Release: 15% unlock at TGE + 6 month linear vesting, TGE is expected on or around September 15, 2024
- Initial Purchase Limits: $100 minimum, $2,500,000 maximum (USDT/USDC only)
If the bid is successful, participants may be eligible to receive an ENSO token bonus based on the participant's karma tier.
How to place a bid
- First, participants should ensure their CoinList accounts are KYC-approved and in good standing.
- Navigate to the auction flow.
- Participants enter the desired bid price per token.
- Participants enter the desired dollar amount of the token they wish to purchase.
- Review the potential number of tokens to be received at the desired price, and submit the bid.
- As the auction progresses, participants may submit multiple bids and update their bids as desired.
- At the end of the auction, the highest eligible bid made will be accepted and the lower bids will be refunded back to the participant’s CoinList wallet. Bids not accepted before the auction clears will also be refunded back to CoinList wallets 48 hours after the end of the auction.
- Get notified of the results 48 hours after the auction closes.
PLEASE NOTE: Once users submit a purchase request, a hold will be placed on the user’s funds. At the end of the 7 day auction, successful purchase requests will be selected at random. Users who are not selected to receive an allocation will receive the funds back in their CoinList wallet within 48 hours of the auction closing. See FAQ for more details »
Read more about CoinList Auctions here »
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