Enegra is a company, rather than a crypto project. $EGX represents equity in the company (Enegra Group Ltd).

18 May 2023, 04:15
Enegra is a company, rather than a crypto project. $EGX represents equity in the company (Enegra Group Ltd). The company has been around for many years, but the token was first issued in 2019 when shareholders swapped their shares for $EGX. A lot of these original shareholders were institutional investors. Since then, a lot of other institutional investors purchased $EGX via private placement. So, the answer is "Yes", we do have a lot of large investors.