ENS Token: Investment opportunities and value prospects of the Web3 domain giant!
ENS Token: The jewel of domain names in the Web3 era, what is its investment potential?
Investment research analysis
ENS (Ethereum Name Service) is a decentralized domain service system within the Ethereum ecosystem, with its native token ENS used to pay for domain registration and renewal fees, and grants holders the right to participate in protocol governance. With the rise of Web3.0 and the concept of the metaverse, ENS domains have become an important tool for blockchain identity management and user-friendliness.
Recent developments
• Positive developments:
• Increasing market demand: With the development of Web3.0, the demand for decentralized domains is continuously increasing, and the registration volume of ENS domains is steadily rising.
