KuCoin Reveal New Listing, Enecuum (ENQ)

KuCoin Reveal New Listing, Enecuum (ENQ)

KuCoin has released news of their second new listing in a week, Enecuum.

Following the listing of the security firm Fortnoxer’s token last week, KuCoin has followed it up directly with the release of Enecuum for trading on their platform. While Enecum may have had a lower profile than its predecessor, following a private sale of the coin in an ICO which saw 5.6% of its allocated coins sold at a respectable USD 0.0600, with a total accumulation of $1.5M as a result.

The offering itself is an ERC20 token, which promises to solve existing issues in the blockchain world. Although there have been a few proposed technical capabilities, details remain a bit obscure at this time.

What we do know currently is it will combine several different technologies and use the best part of each to create a “Block-DAG hybrid” on PoW, PoS and Proof of Activity mechanisms. Seemingly with a focus on optimising millions of electronic nodes to serve as supportive nodes.

Trading for the new option on KuCoin is set to go for traders, following full implementation of Monday evening (August 12th). Current trading pairs available come in the form of ENQ/BTC and ENQ/USDT, with others likely to follow soon.

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