What is Ethersocial (ESN)?
Ethersocial (ESN) is a blockchain project launched on August 30, 2018, aimed at building a virtual currency system dedicated to community and gaming accounts that supports smart contracts and decentralized applications.Its core objective is to provide token management tools and API services for online communities that can be integrated into forums and blogs, thereby enabling the purchase of digital content, delegated payment services, and the circulation of value within the community.
Technical Foundation and Use Cases
The Ethersocial Network is a blockchain network that supports smart contracts and decentralized applications; its technical foundation enables it to host a wide variety of decentralized applications. The ESN token was designed to serve as a utility token within this ecosystem, with primary use cases including:
- Purchase of Digital Content: Users can use ESN to purchase various digital goods and services.
- Payment Delegation Services: Supports payment delegation via ESN, simplifying the transaction process.
- Community Incentives and Monetization: Online communities such as forums and blogs can utilize the ESN token system to provide token rewards to users or generate revenue through tokenized services.
- Cross-chain interoperability: Ethersocial Network supports the bridging of assets between different blockchain networks through secure cross-chain infrastructure, enhancing the flexibility and scalability of its ecosystem.
The project’s official white paper is available for download on its website and details its technical vision and implementation roadmap.
Token Economics and Market Performance
The maximum supply of ESN tokens is 26,158,160 ESN. As of this writing, ESN is ranked approximately #4455 on CoinMarketCap; this ranking is subject to market fluctuations and is for reference only.ESN’s all-time high was $0.2654, and its all-time low was $0.00000734. Please note that the cryptocurrency market is highly volatile, and historical prices are not indicative of future performance.
ESN Official Website and Exchanges
The official website for ESN is https://ethersocial.network/.
Users can trade ESN on cryptocurrency exchanges that support the token. According to publicly available information, platforms currently supporting Ethersocial (ESN) trading include major exchanges such as Binance (Binance), OKX, HTX (formerly HTX), Gate.io, and Coinbase.Please verify the listing status and trading pair information on each platform yourself before trading.
Wallet Support and Team Overview
In terms of wallet support, MathWallet is a wallet that supports Ethersocial; users can send, store, and exchange ESN tokens via MathWallet on both mobile and desktop.As a well-known Web3 wallet, MathWallet’s investors include Distributed Capital, Alameda Research, and Binance, among others; however, these are MathWallet’s investors and do not represent the development team of the Ethersocial project itself.Publicly available information regarding the core development team of the Ethersocial project is relatively limited. The project’s social media channels, such as its Twitter account (https://twitter.com/ESNfoundation), are one way to stay updated on project developments.
