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What is Velo (VELO)?

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Velo basic info

Name:Velo
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Introduction:

Enso is a blockchain development framework and shared execution network that simplifies building, launching, and operating onchain apps through reusable building blocks called Actions and Shortcuts. Founded by Connor Howe in 2021, this platform has raised $9.2 million from Polychain Capital, Multicoin Capital, and The Spartan Group to eliminate manual smart contract integrations and let developers focus on product and growth.

What is Enso (ENSO)?

Enso is a blockchain development framework designed to simplify building, launching, and operating onchain applications and protocols. The platform abstracts away technical blockchain complexity through Actions and Shortcuts, letting developers and product teams focus on product, distribution, and growth rather than dealing with low-level contract integrations and cross-chain fragmentation.

Introduction image 0

Enso addresses manual and repetitive blockchain integrations that lead to wasted developer time and high costs. The platform solves the complexity of maintaining, integrating, and updating multiple smart contracts across chains, and eliminates security and audit overhead where every project needs to reimplement core logic.

Core Innovation: Enso creates a library of abstracted Actions (swap, lend, borrow, mint NFT) that can be instantly composed and reused, plus a shared execution network for optimal routing and validation. Projects spend minimal time on integration and maintenance, avoid redundant security audits, and can quickly launch or pivot without blockchain engineering bottlenecks.

Who Created Enso (ENSO)?

Enso was founded by Connor Howe, who serves as CEO and principal architect for the platform, with expertise in decentralized finance, smart contract tooling, and composable onchain infrastructure.

Connor Howe (Co-founder & CEO):

● Over 9 years of experience as a crypto builder, specializing in DeFi and smart contract development

● Began crypto career writing Solidity in Mist Wallet

● Previously launched a social trading product that evolved into Enso after facing integration and maintenance hurdles in DeFi

● Responsible for Enso's strategy, architecture, and continuous development

Key Team Members:

● Core team has backgrounds in building decentralized exchanges, strategy routers, and DeFi automation infrastructure across Ethereum and BSC (Binance Smart Chain)

● Team includes seasoned builders with prior experience in major crypto protocols and DeFi product launches

The team combines expertise from established crypto platforms and VC-backed projects with focus on decentralized exchange development and automation tools.

What VCs Back Enso (ENSO)?

Enso has raised approximately $9.2 million across private, strategic, and public funding rounds from crypto venture capital firms and prominent angel investors.

Introduction image 1

Funding Rounds:

● Strategic Round: Raised $5 million with participation from top-tier investors

● Additional Round (June 2024): Raised $4.2 million with venture and angel support

● Public Token Sale: Ran on CoinList from June 12-26, 2025

Major Venture Capital Backers:

● Polychain Capital

● Multicoin Capital

● The Spartan Group

● IDEO CoLab Ventures

● The LAO DAO

● Hypersphere Ventures

● P2P Capital

Notable Angel Investors:

● Kain Warwick (Founder of Synthetix)

● Stani Kulechov (Founder of Aave)

● Ryan Selkis (Founder of Messari)

● Naval Ravikant

● 60+ individual angels from protocols including Safe, Socket, Titan, Sygnum, The Graph, Alchemix, Yearn, and Flashbots

How Enso (ENSO) Works

Enso operates through several technologies that make blockchain app development accessible without complex coding.

Actions: Reusable Building Blocks

Actions represent individual blockchain operations packaged as simple building blocks. Each Action covers tasks like swapping tokens, lending, borrowing, minting NFTs, or fetching data. Developers can use these pre-made Actions instead of writing new blockchain code for each operation.

Shortcuts: Composable Workflows

Shortcuts combine multiple Actions into custom workflows. For example, a Shortcut could chain "Swap token A for B" + "Deposit B into lending" + "Mint NFT as proof." These Shortcuts are reusable, shareable, and enable rapid prototyping without custom integration work.

Shared Execution Engine

All blockchains and Actions route through a unified shared engine that handles execution, validation, and cross-chain logic. The process works in four steps:

1. User or app submits an intent (request) to Enso

2. Graphers (specialized network participants) compete to find the best route and method for fulfillment across chains and protocols

3. Validators check the proposed solution for correctness and security

4. Engine executes the workflow, abstracting away blockchain selection and contract integration

Multi-Chain Support

Enso operates as a blockchain-agnostic platform supporting Ethereum and other EVM-compatible networks. The shared engine abstracts Actions across different blockchains, enabling apps to compose DeFi, NFT, or protocol flows regardless of underlying chain.

Developer Tools and Templates

The platform provides APIs for integration, no-code builders for composing Actions without direct coding, and pre-built templates for instant launch. Over 100 apps, 250 protocols, and nearly 2,000 developers currently use Enso infrastructure.

You can access the platform at enso.build and explore documentation at docs.enso.build.

Enso Token (ENSO) and Economics

The ENSO token is a governance and validation token securing network operations, enabling decentralized governance, and incentivizing validators and contributors.

Token Details

● Token Name: Enso

● Token Symbol: ENSO

● Genesis Supply: 100,000,000 ENSO (100 million)

● Maximum Supply: 127,339,703 ENSO with initial annual inflation at 8%, gradually decaying to 0.35468% by year 10, then ceasing

● Blockchain Deployment: Ethereum (ERC-20) and BNB Chain (BEP-20)

Introduction image 2

Token Distribution

● Investors: 31.305% (31,305,000 ENSO) - Strategic VC, private round, and public sale participants; 1-year cliff, then linear vesting over 24 months

● Team: 25.000% (25,000,000 ENSO) - Core contributors, developers, and long-term protocol incentives; 1-year cliff, then linear vesting over 24 months

● Ecosystem: 21.590% (21,590,000 ENSO) - Growth, R&D, airdrops, protocol expansion, grants

● Foundation: 16.605% (16,605,000 ENSO) - Operational costs, governance, and long-term sustainability

● Community Round: 4.000% (4,000,000 ENSO) - CoinList community sale

● Advisors: 1.500% (1,500,000 ENSO) - Long-term advisor support; 1-year cliff, then linear vesting over 24 months

Token Utilities

● Governance: ENSO holders participate in voting on protocol upgrades, resource allocations, roadmap proposals, and operational changes

● Validation and Staking: Validators stake ENSO as collateral to secure network operations, simulate onchain executions, and verify workflows; improper validation results in slashing penalties

● Delegation: Token holders can delegate ENSO to validators and earn a portion of validator revenue

● Transaction Fees: ENSO is used for network and application usage fees, including submitting intents, composing Shortcuts, and accessing premium features

● Ecosystem Incentives: Distributed through incentive programs for active participation, development grants, DAO initiatives, and protocol integrations

Why Enso?

Traditional blockchain development faces challenges with manual integrations, complex maintenance, and security overhead. Enso addresses these problems with proven solutions:

Experienced Leadership: Founded by Connor Howe with over 9 years in crypto, starting from Solidity development in Mist Wallet to creating advanced abstraction engines for onchain applications.

Strong Investor Validation: $9.2 million raised from Polychain Capital, Multicoin Capital, The Spartan Group, IDEO CoLab Ventures, plus prominent angels including founders of Synthetix, Aave, and Messari.

Technical Innovation: First platform offering Actions abstraction model for chain-agnostic, reusable building blocks, composable Shortcuts for rapid workflow creation, and unified shared engine eliminating fragmentation and per-protocol integration work.

Major Partnerships: Collaboration with CoW DAO and CoW Protocol providing advanced intent-based transaction settlement, enabling users to perform seamless, multi-chain, and optimized DeFi operations.

Live Ecosystem: Already operational with over 100 apps, 250 protocols, and nearly 2,000 developers using the infrastructure, demonstrating real adoption and utility.

Validator Network: Graphers and Validators separate execution path finding from security validation, allowing multiple solutions to compete with only safe, optimal ones executed.

The platform eliminates integration friction and maintenance costs, enabling teams to focus on building products, growing communities, and iterating quickly without blockchain engineering bottlenecks.

Enso (ENSO) Goes Live on Bitget

We are thrilled to announce that Enso (ENSO) will be listed in the Innovation Zone. Check out the details below:

Trading Available: 14 October 2025, 9:00 (UTC)

Trade ENSO/USDT on Bitget!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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Current price:
All-time high:$2.07
All-time low:$0.001029

VELO supply and tokenomics

Circulating supply:17,563,875,000 VELO
Total supply:23,999,804,349 VELO
Max supply:24,000,000,000 VELO
Market cap:$66.33M
Fully diluted market cap:$90.63M

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What is the development prospect and future value of VELO?

The market value of VELO currently stands at $66.33M, and its market ranking is #286. The value of VELO is not widely recognized by the market. When the bull market comes, the market value of VELO may have great growth potential.

As a new type of currency with innovative technology and unique use cases, VELO has broad market potential and significant room for development. The distinctiveness and appeal of VELO may attract the interest of specific groups, thereby driving up its market value.

What will the price of VELO be in 2027?
Based on VELO's historical price performance prediction model, the price of VELO is projected to reach $0.006066 in 2027.
What will the price of VELO be in 2032?
In 2032, the VELO price is expected to change by +44.00%. By the end of 2032, the VELO price is projected to reach $0.01967, with a cumulative ROI of +425.21%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of VELO and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is VELO worth investing or holding? How to buy VELO from a crypto exchange?

If you want to buy VELO, the following information may be helpful for your investment decisions:
In the last 7 days, the price of VELO has fallen by -2.98%, leading to negative returns for most VELO investors. The market is currently pessimistic about the price trend of VELO.
It is important to note that the current price of VELO has retreated by -99.82% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether VELO is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in VELO or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of VELO, if you want to buy or sell VELO, you can consider Bitget for your trading needs. The best place to buy VELO is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Velo has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Velo. Here's a step-by-step guide on how to buy Velo on Bitget.

How to get Velo through other methods?

Using cash to buy Velo is not the only way to obtain Velo. If you have the time to spare, you can get Velo for free.
Learn how to earn Velo for free through the learn2Earn.
Earn free Velo by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Velo airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Velo through Bitget Convert, Bitget Swap, or spot trading.

What is Velo used for and how to use Velo?

The use case of Velo may expand as the crypto market and the project itself develop. Currently, you can use VELO to achieve the following goals:
Arbitrage by trading VELO: Since VELO is a frequently traded cryptocurrency, the price of VELO is always fluctuating. Earn more VELO by buying low and selling high on the exchange. Bitget spot market provides a variety of VELO trading pairs to fully meet your needs.
Earn by staking VELO: You can also generate income through financial management methods such as staking VELO or lending VELO. Bitget Earn offers a variety of financial products designed to help you earn more income from your VELO.
Send or pay VELO: If you want to give VELO to your friends, a charity, or a fundraiser, or you want to pay someone with VELO, you can quickly and easily send VELO to the recipient through their payment address.
You can also go to the official website of the Velo project to learn more about the use cases of VELO. For example, find out if the Velo project supports the use of VELO within its community or ecology, or if the Velo project allows you to purchase physical or virtual products in VELO.

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