{
  "url": "https://blockindex.ai/coin/erg",
  "name": "Ergo",
  "links": {
    "github": "https://github.com/ergoplatform",
    "website": "https://ergoplatform.org/en/",
    "whitepaper": "https://ergoplatform.org/docs/whitepaper.pdf"
  },
  "dScore": 82,
  "market": {
    "priceUsd": 0.20867232003478026,
    "marketCapUsd": 17367960.378249027,
    "volume24hUsd": 131204.10965229,
    "priceChange7dPct": -5.84308165,
    "priceChange24hPct": -2.68181531
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 97739924,
    "circulating": 83230782,
    "circulatingPct": 85.15535780445256
  },
  "ticker": "ERG",
  "founder": "Alexander Chepurnoy, Dmitry Meshkov",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:13.855405+00:00",
  "fairLaunch": true,
  "launchYear": 2019,
  "description": "Ergo is a research-driven, proof-of-work Layer-1 blockchain focused on privacy-preserving smart contracts and long-lived financial tooling. Launched in 2019, Ergo was created to support expressive contract primitives through ErgoScript — a domain-specific language built around Σ-protocols — and to enable light-client verification via NiPoPoWs. The protocol combines an ASIC-resistant, memory-hard Autolykos PoW algorithm with features intended to keep mining accessible and decentralized. From its inception Ergo deliberately avoided a typical token sale model: there was no ICO and the project documents a 0.0% premine, emphasizing a fair-launch ethos and community-led development supported in part by the Ergo Foundation.\n\nTechnically, Ergo occupies a distinct niche among Layer-1 chains by coupling PoW security with advanced cryptographic primitives. ErgoScript and Sigma protocols provide built-in constructions for privacy and zero-knowledge-style proofs, while NiPoPoWs reduce verifier requirements for lightweight clients. The design intentionally blends UTXO-inspired transaction semantics with smart contract expressiveness, enabling developers to build DeFi primitives like microcredit systems, Local Exchange Trading Systems (LETS), and trustless DEX ideas. The protocol roadmap and developer activity emphasize research-first engineering, with recurring community events (ErgoHack) and documentation-driven outreach to foster adoption.\n\nThe Ergo ecosystem includes emergent DeFi tooling (for example, Crux Finance is referenced as a portfolio/DeFi interaction tool) and an anticipated cross-chain interoperability component called Rosen Bridge. Market metrics from major aggregators show a modest market presence: a circulating supply around ~82.6M ERG and a reported max supply near 97.73M ERG, with market capitalization figures in the tens of millions (snapshots in the provided sources place market cap near $36.5M). Historical price behavior includes an all-time high around $19.10 on 2021-09-02, illustrating episodic market interest alongside generally low ongoing mindshare compared with major Layer-1 ecosystems.\n\nGovernance for Ergo is primarily foundation-backed and community-driven rather than an on-chain DAO: the Ergo Foundation is repeatedly referenced as a coordinator and treasury manager (EFYT conversion actions were managed using foundation funds). The protocol describes itself as self-amendable, supporting evolution over time, but the sources do not document a formal on-chain governance system or token-based voting mechanism. Operationally, the project reports no significant chain freezes or major security incidents in the supplied data. Forward-looking priorities emphasized in the material include cross-chain connectivity via Rosen Bridge, continued tooling for DeFi composition, and sustained developer engagement through hackathons and community events.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": false,
    "consensus": "PoW",
    "parentChain": null
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 13,
    "governance": 16,
    "nodeDistribution": 30,
    "initialDistribution": 18
  },
  "decentralizationVerdict": "Highly Decentralized"
}