Exosis - One Place For All Your Needs (The Exchange for the EOS Community)

in #exosis6 years ago

What is Exosis ?

The Exosis development team realized that the best way to create a good cryptocurrency platform is by creating a multi-functional platform that has utility. Exosis is a realization of the dream. It features five different platforms in one.

It has a decentralized exchange, a decentralized e-commerce site, an OTC platform, a Virtual Masternode, and a multiplatform e-wallet. These five different business models all rely on the Exosis coin. This gives Exosis coin utility, unlike most other cryptocurrency platforms.

The result is a platform that offers users multiple ways of earning. If you are a trader, you can use the OTC platform and the decentralized exchange to trade coins with other to make a profit. If you simply want secure e-commerce, the decentralized e-commerce site will protect your money and personal details while offering cheaper transaction costs. If you are a miner or prospective miner, you can decide to run a full masternode of Exosis or you can use the virtual masternode if there are any restrictions on the hardware or the internet connection from your place. As a result, Exosis is a true ecosystem that is sustainable and with little volatility due to the utility offered by the five business models.

Exosis Features

DECENTRALIZED EXCHANGE

A decentralized exchange will be one of the core components of the Exosis ecosystem. Recently, there has been increasing challenges facing established cryptocurrency exchanges due to increasing regulation, security issues, and order processing speeds are solved by Exosis.

VIRTUAL MASTERNODE

One of the best ways to make a good income in the cryptocurrency industry is by investing in staking or mining. This typically involves running a node or a masternode to provide consensus to the blockchain.

DECENTRALIZED E-COMMERCE SITE

We are also hoping to launch a decentralized e-commerce site that is paid using Exosis coins. This will provide utility for the coin while giving users a risk-free way of making online purchases. E-commerce businesses are the biggest target of hackers and phishers because of the vulnerable payment system.

OTC PLATFORM

Since the decentralized exchange provides a platform where individuals can exchange over the blockchain, there is a need for a platform that offers the opportunity for users to exchange between fiat and digital currencies. Any centralized exchange will have the problems enumerated.

E-WALLET

The final services that will be offered by Exosis are an e-wallet that provides cross­platform functionality. The developers want to ensure that users can keep their digital currencies safe by providing a secure e-wallet.

The Exosis exchange main features will include:

Order processing

Order processing is an important part of a cryptocurrency exchange. The Exosis Exchange order processing will be made more efficient to ensure top quality for our service. Blockchain based exchanges have lower order processing speeds which lower the quality of services. The Exosis exchange will have order processing speeds of 10,000 transactions per second.

This means that our service will be faster than other Blockchain based exchanges which normally have order processing speeds of up to 2000 per second. We won’t run on blockchain order processing based on the blockchain technology is 200/minutes based on the block generate time.

Decentralized chat

This will be an integral part of the exchange where our users will be able to rate each other. This is where users will have the power to up vote and down vote each other. This system will ensure that users trustworthiness will be based on users vote score and if the vote score is negative such users will get an automatic ban from the chat. It is important to note that there will be no restriction on the posting of content. Users will be free to post any type of content since other users will be able to up vote depending on the quality of one’s content.

Automatic deposits and withdrawal of funds

Exosis exchange will have a system of ensuring automatic deposits and withdrawals. Also, we will have no control over the user’s funds. The automatic deposit and withdrawal feature of our platform will enable users to convert.

Coin listing

Our platform will have a coin listing feature. This feature will allow for listing of a coin after vote ranking, but the software of the coin will be checked issues and compatibility. This particular component of our platform will allow for enough liquidity in our ecosystem since the listing of new coins in exchanges brings in a lot of liquidity. For new coins aiming to list on our platform, we will ensure we carefully check for software so as to ensure the safety of our clients.

Trading api (for traders and merchants)

Our platform will also provide a trading API that can be used by both merchants and traders. This trading API can be integrated into auto trading bots and then he merchant API which can be used by merchants to integrate them into their businesses. This will enable them to collect payments through Exosis. This is a very important feature of our platform since APIs are omnipresent in today’s financial ecosystem. It is a program that enables one software application to interact with another. In this case, a trading API for the Exosis exchange will allow for traders to employ their trading bots. This is particularly useful for traders who run their own algorithmic models on their trading systems and want to receive live pricing and be able to execute trades, either manually or automatically.

Also, merchants will be able to use our API to collect payments from their customers using Exosis. This feature, therefore, will have the potential to bring in a lot of users to our platform.

Security

Since the evolution of cryptocurrencies, exchanges have faced severally security issues. Security is the single most problem that affects cryptocurrency exchanges. For instance, the incidence with Mt. Gox cryptocurrency exchange that went down. In 2015, a Hong Kong based exchange, MyCoin shut down and about $386 million worth of cryptocurrency disappeared from the company. In another case, GBL a cryptocurrency exchange based in China went offline in 2013 and disappeared with users’ cryptocurrencies.

Exosis understands the need for an AA+ level of security which is very important for users to trust our platform. The A+ security that we will provide on the Exosis platform can be checked on Mozilla observatories such as X-XSS, X-Frame, CSRF, CSP, CORs HPKP, HSTS, and secure cookies. This way our users and prospective customers can always check our levels of security, just to make sure we have adequate levels of security that can handle their transactions and cryptocurrencies safely.

Crowdsale details

Technical Information

The coin will be based on a Mainnet instead of being linked to a parent chain. This means that the security systems will be handled by Exosis allowing us to set the pace and standards for the type of security that will be used. There are certain key features of the platform.

LANGUAGE & 

ARCHITECTURE

The language that will be used in developing the Exosis mainnet will be C++. This is the same programming language used to build the Bitcoin Blockchain. This means language support for our clients will be based on the same type of coding. Language support for our clients for their projects will be completely the same as in the case of the Bitcoin blockchain.

CONSENSUS APPROACH & 

API CLUSTERS

Exosis will be a POW-based system. The proof-of-work consensus is what most robust blockchains like Bitcoin are based on. POS may have benefits, but a properly implemented POW will be better equipped to deal with security issues and utilize some new technology. The POW architecture will also rely on proof- of-authority to ensure that the master nodes and the nodes are not compromised in any way.

ICO Information

The main aim of the ICO is to support the development of the entire blockchain as well as the individual projects. The firm will start with an initial 21 million Exo. From this, 2 million coins will be pre-mined. The pre-mined coins will be used to prepare for the main ICO. There will be 10 percent used for referrals, 10 percent for bonuses, and 10 percent for the bounty while the rest will be distributed for social media, other listings, and marketing. The rest of the ICO funds will be allocated to the following different functions. There will be 50 percent that will be reserved for market back up, 30 percent that will be used for promotion and advertisement while the remaining 20 percent will be used for development.

From the 50 percent market back up, 25 percent will be used to generate free coins that will be used to prevent market dump. These free coins will be used to pay miners and virtual master node, operators. Every year, the platform will generate 0.5 million coins and a monthly 43, ooo coins. The listed price will be $5for every Exosis coin. Miners will receive 5 coins for every block that gets added to the blockchain.

This will be shared 90-5 between the master node and node miners. Another allocation that will be offered is a free trading discount. Traders using the exchange will get discounts based on the following table. 

 Our objectives include:

  • Balance a fair coin distribution
  • To open up to a wide participant base
  • To offer a safe and secure platform of transaction
  • To be a positive influence on the community, eliminating any form of overload on the network. 

Our goal is to invest in an unlaboured experience where everyone has an equal opportunity to participate and coin purchase, away from any form of frustration. This is expected to influence the much-needed boost to the community.  

ICO 

COIN SPECIFICATION  

 

Roadmap

Once the main ICO is complete, we will immediately launch the Virtual master node site immediately to provide users with the opportunity to run virtual nodes.

The ICO will be launched before the end of the year, and it will run until the end of November 2018. At the beginning of February 2019, we will launch the decentralized exchange to start providing services to the users who want a safe place to trade. In May 2019 we will launch the decentralized e-commerce site. This will allow users to buy and sell products online through the Exosis decentralized e- commerce site. In August 2019, we will launch the OTC platform, allowing individuals from similar localities to trade fiat and digital currencies with ease. This will support the decentralize exchange by providing a direct route for people to withdraw or invest in the cryptocurrency market. In November 2019, the e-wallet will be launched with multiplatform support. It will be available on Windows, MacOS, and Android and iOS systems.  

Our Team

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