ETHOS - Universal Cryptocurrency Wallet
ETHOS aims to create an easy entry platform for the masses, consumers and businesses, into the crypto space. They want to make it easy and safe for regular people to trade cryptocurrency and also give them support to make informed decisions.Currently the learning curve into cryptos with fairly high for the normal consumer.
- Thousands of cryptocurrencies with no easy access (ALTs)
- Many different wallets
- Keeping track of Private keys
- Crypto exchanges
The ETHOS platform tries to connect beginners with more experiences traders in the crypto community by rewarding those who teach and share their knowledge.
A sidenote is that this is the Youtubers "Suppoman" #1 coin with potentially 500x gains in the near futures.
My Thoughts
ETHOS is certainly an ambitious project and as fairly new to the crypto community I understand the difficulty a lot of people can have even getting started in the crypto space. There is a lot to learn and keep track of. A universal platform that gives easy accessability and learning platform would be something immense if launched successfully.I am a bit sceptical IF ETHOS will be able to deliver everything that it promises. They certainly seem to have a capable team but I am not sure if I like the rebrand (from Bitquence) since now it seems they focus more on flashy and feelgood commercial instead of the technology of the project. Because this platform targets the regular person I somewhat understand this but it also makes me a bit hesitant to go all in.
Conclusions
Overall I must say I like the project and see huge possible gains if they are able to fullfill their goals. The coin seems to be going back to the evaluaiton before the rebrand and it might be a good time to start accumulating some coins. This is definetly a long term hold and not something that you can expect short term gains.The issue for more experience crypto holders might be the online wallet which will be in the hands of ETHOS and not controlled by the used. For the normal people I don't see this as an issue since they want an easy platform to interact with the crypto community without the hassel of learning about different wallets and all that complicated crypto stuff.
Will I be investing?! Yes, I will start to accumulate some over the coming months and hopefully have a small percentage of my porfolio in ETHOS during next year.
Let me know what you think in the comments and if this is a project that interests you.