ETHOS Cryptocurrency Analysis & Review , Full 5/5 Rating Score !
Well ETHOS is one of my favourite cryptocurrency of all time. They have a very broad vision to move the cryptocurrency ecosystem forward by bringing crypto to the masses.
SOME FACTS OF ETHOS....
Ethos (ETHOS) was previously known as Bitquence (BQX).
It was launched in July, 2017 & since than enjoyed a lot of success.
ETHOS moto is "The future is for everyone - The people powered cryptocurrency".
ETHOS INTRODUCTORY VIDEO....
So let us see now why ETHOS will be huge in 2018-2019.
It is building a global cryptocurrency mobile wallet which will support all crypto currencies & smart contracts no matter built on Ethereum , NEO or any other blockchain.
It's wallet will be super private & secure which will provide cold storage like Ledger Nano S Hardware wallet. Its wallet will have private key in the form of a phrase which user has to save privately.
It will provide real time stats , graphs & portfolio comparisons , growth rate %ages & many more functionalities built inside its wallet.
GAME CHANGING FEATURES SUCH AS BELOW...
It will provide FIAT gateway across the globe which will be embedded inside their wallet, so users can easily buy cryptocurrencies through their fiat money. Its like coinbase but coinbase only allows few crypto currencies to be exchanged with FIAT money. Also coinbase has limited access across the globe. Not only that, ETHOS will allow all cryptocurrencies , tokens , smart contracts to be purchased from FIAT directly without first purchasing Bitcoin, Ethereum e.t.c. so it will solve a major painpoint of people by not paying extra TXNs fee while buying and converting BTC to alt coins.
ETHOS will provide social platform inside their wallet so that people can interact with each other and use their crypto assets as per need. It will also reward those who will accurately predict any cryptocurrency future price therefore generating a lot on interest among its users.
We can also buy ETHOS premium features which will enable some financial management system running in background doing trading with brokers and thus giving us profits on certain interest rate. It will be like saving account of a bank though cryptocurrencies grow in value but also some extra premium per month will be paid to ETHOS holders.
With ETHOS platform, we can allocate assets , and exchange crypto currencies with others on the current rate very easily without extra hassle of buy & sell.
ETHOS platform will provide tax reports of your portfolio so that you will be able to pay taxes according to your country & region rules & regulations.
These were some game changing features that ETHOS platform will have in future. Their team is super awesome & they have a super product which will solve a major painpoint in cryptocurrency market in general. With ETHOS everyone will be able to buy cryptocurrencies easily though just few clicks from their mobile wallet & will be able to keep their assets inside their mobile thus, cryptocurrencies can be brought to masses as per ETHOS vision.
Do check ETHOS website https://www.ethos.io & please let me know if you enjoyed my analysis. Please do upvote & comment below what do you think of ETHOS in general. Also see my previous analysis regarding InterNXT and show some love.
Thank you guys ! cheers 🥂 😎🕺🏻🍾
Thanks for this analysis! I haven't heard anything about Ethos until a friend of mine showed it to me like 5-6 days ago because he wanted to invest a bit into it. I think i am going to do a bit more research about it and then propably buy some Ethos myself! It definitely sounds like a promising cryptocurrency for the future.
yes you should research about ETHOS and only invest if you feel like. they will be launching their wallet in Q1 , the exact date is not known. So prices may go up in near future. It's already in the dip around 6.5 USD, previously was 12 USD before market crash. so these are the best days to accumulate more. To me it will just absolutely kill coinbase. In future people will only use ETHOS platform to buy and keep crypto assets. Also I forgot to mention 1 point in my post regarding TX fee, like coinbase charges a lot of money when we purchase BTC from FIAT, but in case of ETHOS platform they will charge very less negligible amount of fee.
Coins mentioned in post:
Ethos is one of my picks. It's looking up.
Its a really good pick. It will go up steadily.
I'm excited about Ethos too and am hodling some. I've found the lack of comprehensive multicoin wallet support to be a huge pain, and similarly have wished for comprehensive analysis tools. In a way its amazing that it's taken as long as it has for something more universal to emerge.
Yes there are a few mobile wallets out in the market such as ENJIN coin wallet & EIDOO wallet. But, ETHOS will be something next level. The amount of pain ETHOS will solve is immense , to me ETHOS is easily 200 USD + crypto at the end of this year and it is really my modest prediction. It can go way beyond that. I suggest keep on holding this for 2 years, it will be super huge !