Enso Network – a platform backed by Polychain Capital – has officially launched its mainnet along with the ENSO token on Ethereum and BNB Chain.
The project is designed as an interoperability layer ( for DeFi, with the goal of creating “a single access point” for thousands of different blockchains and protocols. Enso states that their platform allows developers to read and write data on any chain or smart contract through a single standardized interface.
According to the statement, Enso has been adopted by 145 projects, processing over 17 billion USD in on-chain transactions, and is expected to help save costs and time for projects when developing cross-chain features.
Founder Connor Howe stated that many groups are wasting resources on integration instead of focusing on building key products like neobanks, stablecoins, and AI applications for the next decade.
Other investors in Enso include Multicoin Capital and Cyberfund.
Binance also announced that it will airdrop ENSO tokens to BNB holders on the platform.
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