WHAT IS EXOSIS ?
Exosis is a blockchain platform that seeks to provide users with an ecosystem where they can invest in the cryptocurrency industry with ease. The developers understand the potential of the cryptocurrency industry as well as the risks associated with investing. They decided to create an ecosystem where investors can invest in the industry risk-free while providing a new cryptocurrency that is more functional. This is achieved by combining five different cryptocurrency businesses into one. This provides utility for the Exosis coin while offering users an opportunity to earn in different ways. These four businesses are a decentralized exchange, a virtual masternode, a decentralized e-commerce site, an OTC platform and an e-wallet for users.
The cryptocurrency industry has been growing exponentially over the past couple of years. Currently, it is maintaining the market capitalization at $250-300 billion. This indicates that it is a market that has investment potential. The Exosis development team has 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 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.
Features of Exosis Platform
As highlighted, this is not simply a platform that relies on one business model. It is an ecosystem with five different business models linked to the same platform. As a result, the separate businesses all have district features.
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.
ICO GOALS AND ICO ALLOCATION
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.
Roadmap
Team
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 coinpurchase, away from any form of frustration. This is expected to influence the much-needed boost to the community.
EXOSIS More Information :
https://www.exosis.org/r/11188562237
Whitepaper : https://www.exosis.org/whitepaper.pdf
Telegram : https://t.me/exosis