What is Ethos (ETHOS)?
Future of ETHOS Cryptocurrency and know how to buy ETHOS

#1 – What is Ethos?

Ethos – The Basics

Ethos is a US-based company with the goal to make cryptocurrencies accessible to all. Their vision is to create a people-powered economy and cryptocurrency market where the average user enjoys complete accessibility and control. It is a universal wallet that functions as a social network for cryptocurrency owners as well as a one-stop payment gateway for all transactional needs.

Ethos Development

  1. Ethos came into existence in 2017 as Bitsequence. Shingo Lavine, a 20-year old graduate of Brown University, founded the company with professionals in product development, fund management, and technical design.
  2. The initial protocol was a limited alpha version, later renamed to Ethos. Its beta production has finished and launched. It is to perform as a digital asset management platform with greater accessibility, more liquidity, higher trust, and cost efficiency.
  3. Its token ETHOS was launched in July 2017.

 

#2 – What are the benefits of Ethos?

Ethos Technology

Ethos’s technology is fused into its universal smart wallet. It is a decentralized platform eliminating all international barriers to money transactions and supports all currencies without any charge.

  1. In addition to giving you the complete control and ownership of your assets, the wallet functions with the Ethos SmartKey to make fund management all the more easy. Through this feature, you will need a single key to manage all your transactions.
  2. An important component of the model is the Fiat gateway and diversification platform. New users can conveniently convert their fiat currency to cryptos and enjoy its benefits. Users can easily diversify their funds across many crypto projects via its automated one-click diversification feature. This is very important for risk mitigation.
  3. Users can also create their personalized Ethos Baskets with the help of a wide range of preset allocation arrays that the platform provides. These baskets function in the same way as mutual funds.
  4. A unique feature of Ethos’s technological setup is its drive to make crypto management and investing a socializing opportunity. Users can participate in Ethos’s social platform via ratings, Reviews, Predictions, and Experts.

Features

  1. Smart Keys: There is only one key that you need to manage everything on your Ethos wallet. This key is designed with utmost security to keep your funds under complete safeguard.
  2. Liquidity Network: The platform is powered by the ETHOS liquidity network that offers the users maximum liquidity volume for their transactions.
  3. People-Powered: Ethos is built to develop a smart economy wherein the people have the power to communicate and control their resources. Ethos’s social platform enables users to share their insights via reviews, rating, predictions, and more.
  4. Mobile-Ready: The Ethos wallet matches with the fast-pacing times of today and equips the users with a mobile wallet to make any transactions on the go.
  5. Universality: The time and money involved in making money transactions across borders are eliminated with the Ethos wallet in place. It makes easy and safe payments to and from anywhere in the world.

 

#3 – How to buy and store Ethos?

How to buy Ethos

ETHOS is a functional ERC20 compliant token. Its purpose is to incentivize user participation, pay the charges for once-click diversification and creating Ethos baskets. It is also used to get access to the premium wallet and API. ETHOS is available for purchase on crypto exchange platforms such as Binance, Coinexchange, HitBTC, EtherDelta and Coinspot.

  1. CoinSwitch, as the largest cryptocurrency conversion platform, offers you to exchange your cryptos for ETHOS. You have the option to go through over 45,000 pairs of crypto exchange to choose your preferred one.
  2. What’s more - with CoinSwitch, you do not rely on a separate wallet from the exchange to store your ETHOS cryptocurrency. Instead, all transactions happen to and from your own personal private wallets.

Storage

The best storage for ETHOS is its own universal wallet. The ETHOS tokens can be traded for ETH and safely stored in the wallet.

 

#4 – What is the future of Ethos?

  1. Ethos is working as a single platform to manage all cryptocurrencies. It has made multiple strategic partnerships with platforms like BitDegree and SmartCash as a part of its marketing process. It has also built a strong community of users on its app.
  2. The company is in the process of developing Bedrock, a payment processor for the cryptocurrency market like Stripe. The API will offer host wallets, liquidity, and exchanges. It will be available to financial institutions for seamless integration. It is a fintech revolution for banks and consumers.
  3. Its ColdWallet is an offline wallet made for offline usage with the SmartKey feature. This fully integrated wallet allows users to make transactions with complete anonymity. It is going to be launched soon.
  4. Watchfolio is another product that Ethos plans to launch in the future. It is a portfolio tracker that stores all your data about investments and digital assets at a single place.

Also Read: Complete Analysis of Ethos | Live Ethos (ETHOS) Price Charts And Predictions

Price History

Date

Open

High

Low

Close

Volume

Market Cap

July 01, 2018

1.54

1.62

1.36

1.46

3,903,850

117,982,000

June 01, 2018

2.45

2.45

2.25

2.34

7,076,640

187,678,000

May 01, 2018

3.68

3.68

3.38

3.56

8,123,520

280,866,000

Mar 01, 2018

3.91

4.33

3.87

4.28

2,043,970

296,086,000

Dec 01, 2017

1.47

1.75

1.47

1.61

1,418,340

110,035,000

Aug 01, 2017

0.037452

0.049715

0.037452

0.042133

31,951

2,569,640

 

#5 – How is Ethos different from other cryptos?

  1. Ethos faces competition from similar wallet platforms like Trezor, UberPay, Mist, Exodus, and Ledger Nano S. While most of these wallets share some common features, Ethos stands out as a unique and advantageous platform.
  2. Ethos wallet provides the users with a one of its kind social platform to interact with its user base and develop the cryptocurrency community. There are Ethos Ratings, Ethos Reviews, Ethos Predictions, and Ethos Experts to benefit all the users on the platform.
  3. The one-click diversification feature is also unique to Ethos. Users can conveniently diversify their funds and manage the risk of volatility with this automated feature.

 

#6 – Should you invest in Ethos?

  1. Ethos is a smart way of using the blockchain technology to build an asset management system with wide accessibility. While its social network is an attempt to create an informed crypto community, its wallet is embedded with unique features to provide convenience and benefits to the users.
  2. There is no time bound roadmap specified by the company. But Ethos is working on the development of its wallet and other products. Its future value is tied to the user base that the platform is able to generate and the performance of its Bedrock API.
  3. Being the first fully functional universal wallet with a mobile application supporting any currency, Ethos has the potential to offer profitable investments. As of July 2018, its circulating supply is 77,297,497 ETHOS tokens with a market capitalization of $104.4 million USD.
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