What is ENCOINS(ENCS)?

Basic information about ENCS

Coin name:

Encoins

Coin symbol:

Coin introduction:

What is the project about? ENCOINS is a privacy protocol on Cardano. Users can create NFTs (a.k.a. encoins) with secret redeeming values. These NFTs store their redemption values in an encrypted format, thus enhancing user privacy. ENCOINS conceals the amount of ADA in your wallet when you transact with other users and dapps. The users you interact with also enjoy a boost to their privacy, too. Ledger Mode enables sending and receiving payments in encoins using the ENCOINS Ledger script. It gives the recipient privacy provided they do not withdraw it (i.e. if they also make Ledger Mode payments with these coins). What makes your project unique? ENCS is the only Privacy Protocol on Cardano. More information on this link https://docs.encoins.io/links/our-resources History of your project. We have already delivered ENCOINS v1 (now on the testnet). ENCOINS v1 was the goal of our previous Project Catalyst proposal back in Fund6. Though we initially underestimated the realistic deadlines for that project, we over-delivered in terms of what was promised, not only building a private transaction protocol but also creating reusable open-source. What’s next for your project? Encois V2 will allow users to make private transactions not only in ADA but also in all Cardano Native Assets. Cardano Private Smart Contracts coming to Cardano. What can your token be used for? For running validator nodes on the network via staking ENCS tokens. Used for governance votes to determine how network resources are allocated.

Current Price:

$0.001325More coin details

All-time high:

$1.33

All-time low:

$0.000001

ENCS Supply Info and Tokenomics

Circulating supply:

Total supply:

15,000,000

Max supply:

15,000,000

Market cap:

$0.00

Fully diluted valuation:

$19.88K

What is the outlook and future value of ENCS?

The current market cap of ENCS is $0.00, ranked 14386 in the market, showing that the market already recognizes the value of ENCS. When a bull market arrives, the market cap of ENCS may continue to grow.

Moreover, if ENCS can play a greater role in real-world applications—such as if the Monero developers can fully empower ENCS and establish partnerships with more business partners to expand its user base—then the long-term value of ENCS will be further enhanced.

What is the price of ENCS in 2027?

According to the historical price performance prediction model of ENCS, the price of ENCS is expected to reach $0.001392 at 2027.

Note: As with any crypto investment, investors should closely monitor ENCS’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get ENCS?

Purchasing ENCS with cash is not the only way to obtain ENCS. If you have enough time, you can get ENCS for free.

Learn how to get Hot rewards for free with ENCS.

Earn free ENCS by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get ENCS airdrops for free.

All crypto airdrops and rewards can be exchanged for ENCS through LBank spot trading.

Buy ENCS starting from $1

What is ENCS used for and how to use it?

The use cases for ENCS may grow with the development of the crypto market and project progress. Currently, you can use ENCS to:

Arbitrage trading of ENCS

ENCS is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many ENCS trading pairs to suit your needs.

Earn yield with ENCS

You can also lend out ENCS or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your ENCS gains.

Send or pay with ENCS

If you want to pay someone with ENCS, you can easily and quickly send ENCS to them using their receiving address.

You can also visit the official website of Encoins to learn more use cases of ENCS, such as whether the Encoins project supports community/eco apps or buying physical or virtual goods with ENCS.