Crypto for the masses? How can we crypto-nerds bring more people to crypto with an easy to use platform? The answer is Ethos. This is one of the projects I am watching with great anticipation for 2018. I should add that I'm excited for many projects and the general cryptocurrency space however I will detail what makes Ethos one to keep an eye on.
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The first thing to note about ETHOS is its 'super star' team. Shingo Lavine the Founder is the equivalent of Vitalik. Young fresh and bursting with intelligence. He could be Vitalik 2.0. Furthermore, Stephen Corrilis is a former fund manager from Blackrock. Look up Blackrock investment fund if you have never heard of them.
Anyone following Ethos will note the team is rapidly expanding. I know want to explore the real value add and what makes Ethos stand out against the crowd.
Universal Wallet
Yes! Finally a wallet for all your valuable coins. How this works is yet to be seen as we only have a demo of the UI. All you will require from here on is one single smart key.
Demo:
Fiat Gateway
Coinbase killer! I am sure for most people Coinbase was the first gateway for many into bitcoin and cryptocurrency. However their support is one of the worst on this planet. Ethos on the other hand will have a support number and looks to disrupt this space with potentially more coins on offer.
There have been some comments about adding traditional investments: commodities, stocks and futures etc. this is a way to really appeal to the masses in my opinion. For now the focus is on cryptocurrency.
Social platform
Ethos will also have an inbuilt social platform and predictions markets.
You can post on forums, comment and be rated by the system based on your advice and even rewarded. More is yet to be realised until the platform launches! Do not miss this one.
What is the purpose of the token?
What I just described above is all part of the ethos platform and the only way to fund this is the token itself.
Conclusion
Something to keep in mind is that results take time to achieve. Everyone in crypto has the attitude that what needed to be done today was due yesterday. Quick gains usually result in quick dumps. Quality will take its time but when it delivers it will be a gift that keeps giving.
Some risks to keep in mind is that cryptocurrency is extremely volatile. A lot of factors affect these markets known as FUD - fear, uncertainty and doubt.
Also here is a link to pre-register for the UW for some free airdrops (Smartcash & aXpire): https://www.ethos.io/universal-wallet/
Cryptoshaf
DISCLAIMER: Everything stated here are my opinions and my research. Always invest with money you can afford to lose and do your own research - these are VERY risky investments. A lot of groups and people will misguide you so be sure you know what you are doing. Always remember all these investments can erode significantly in value as these are VERY volatile markets.
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