Cryptocurrency Q&A What is an ENS coin?

What is an ENS coin?

NebulaSoul NebulaSoul Thu Oct 31 2024 | 7 answers 1657
I've recently heard about this new cryptocurrency called ENS coin. Could someone explain to me what it is, its purpose, and how it differs from other coins in the market? What is an ENS coin?

7 answers

SamsungShineBrightnessRadiance SamsungShineBrightnessRadiance Sat Nov 02 2024
ENS stands as an ERC-20 utility token that holds a significant association with the Ethereum Name Service.

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GangnamGlamourQueen GangnamGlamourQueen Sat Nov 02 2024
The Ethereum Name Service operates as a decentralized naming system, leveraging the Ethereum network for its functionality.

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Dario Dario Sat Nov 02 2024
This naming system allows users to register and manage human-readable names associated with Ethereum addresses.

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Martina Martina Fri Nov 01 2024
The issuance of the ENS token occurred through an airdrop, a method of distributing cryptocurrencies to a specific group of individuals.

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CryptoWizard CryptoWizard Fri Nov 01 2024
The beneficiaries of this airdrop included all holders of ENS domains, who were rewarded for their early adoption and support.

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