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Cryptocurrencies will not become popular and will not reach the masses if their purchase will still require creating accounts on many stock exchanges, creating appropriate portfolios, etc. Ethos meets the expectations of people, giving them a simple platform where you can buy and securely store without technical details kryptowaluty.
What's more, the applications are to have many useful functions, e.g. it will be easy to print a tax report so that you don't have to worry about it. Everything should be as simple and user-friendly as possible.
Ethos token and its functionality
Ethos it will therefore be an extended portfolio, for many different currencies, and something like a currency exchange office. It's all its creators want to connect with the type of social network. They appeal to the wisdom of the crowd and want to allow users to exchange information, investment advice, competitions, prizes, tips. What's more, it has to be something like that investment fund. We will not have to make investment decisions because we will be able to invest in a given, ready, diversified cryptocurrency basket.
ETHOS token will be used on the platform to access various functions, tip and pay commissions. In a word, it is a combination of BNB type exchange tokens with social functions.
Pros and cons of the Ethos project
+ the product promises to be very interesting, something like that is going on and there will be a lot of demand in the market;
+ good team;
+ active community;
- very limited role of tokens;
- simple and not very detailed whitepaper;
- no roadmap;
I will be happy to use Ethos, I will play with their product, but ETHOS tokens do not seem like a good investment. In addition, remember that they are not the only ones on the market.
