Based in Hong Kong, the Enecuum is a Blockchain-based transactions platform. In order to provide speed, scalability and network security to the users, the Enecuum has designed a platform that intends to be supported by three different mining algorithms, the PoW (Proof of Work), the PoS (Proof of Stake), and the PoA (Proof-of-Action). Additionally, the Enecuum intends to provide its users with an app in which is possible to mobile mining.
The ENQ token is an Ethereum-based (ERC20) cryptocurrency developed by the Enecuum. It is a utility token that aims to serve as a medium of payment for the platform supported services, including mining.
Enecuum ICO began on June 21, 2018. The ICO token supply represents 46% of the total token supply, so there is a total of 596,756,160 ENQ tokens available, for 0.04 USD each. The ICO funding target is 5,967,552 USD, the funding cap is 23,870,246 USD and is expected to end on October 31, 2017 or when the funding cap is reached. Furthermore, the ENQ token will be mineable.
Token Reserve Split (54%):