Ethos.io aims to be a community driven business which makes cryptocurrency accessible and trustworthy, while also accelerating the adoption of blockchain technology and democratising financial assets.
The solutions which Ethos.io are planning to offer include:
Being a New Economy specific platform which includes a self custody universal multi asset wallet.
A social ecosystem which includes knowledge sharing which in turn will build the community’s financial knowledge and wealth.
Through gamification Ethos.io aims to make investing in cryptocurrency fun, social and rewarding while increasing financial literacy.
Aims to accommodate both digital and traditional assets while connecting to data feeds to prodive cryptocurrency market information.
Provide API access to businesses, Developers and Entrepreneurs for custom development.
The Ethos.io platform consists for three major components, the Ethos universal wallet, fiat to crypto diversification and social and community.
The Ethos Universal Wallet will allow users to monitor, send and receive multiple supported cryptocurrencies. The wallet will also interact with the fiat to crypto diversification layer, while also being a decentralised wallet and which will give users complete control over their private keys.
The fiat to crypto diversification layer will allow users to easily deposit funds and then quickly diversify into a variety for cryptocurrencies. The benefits of this feature includes:
Spreading investment risk across a number of cryptocurrencies.
Making it very easy for new investors to enter the cryptocurrency space.
Ethos will aggregate data about market prices, currency ratings and community prediction which is expected to aid investment success.
The solution is also expected to save consumers time and reduce costs since the wallet will allow instant diversification through less transaction processing.
The third key component is the Social Investment network. This component aims to socialise and gamify investing through a system which allows users to educate, share knowledge and make predictions on price movements. Users will gain reputation points and ranking based on the quality of their predictions and knowledge sharing.
Ethos.io has its own token (ETHOS) which was created on the Ethereum blockchain using ERC20 standards. This token acts as the fuel behind the platform which can be used to access features, incentivise users and pay fees. The token does not pay dividends, does not provide voting rights and does not imply company ownership.
Ethos.io looks like a very promising solution and you can learn more at https://www.ethos.io/.
look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game is on it's way to passing the crypto kitties game on the Dapp Radar
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