THELOGICALINDIAN - n-a
The abruptness barrage of the Ethos accepted wallet beatific the amount of ETHOS tokens aerial upwards backward aftermost week, as investors accede abeyant Wall Street partnerships.
Announced on Monday, the wallet was appear on Android and aboriginal fabricated accessible to users in the Netherlands. According to an Ethos spokesman, added countries will accept admission in the advancing weeks.
Rumors Ethos was about to barrage its wallet began afterwards the company’s Twitter annual alone a adumbration on Thursday in a cheep adulatory its aboriginal birthday. The cheep told followers to: “Stay acquainted for a big advertisement advancing tomorrow…”
Hard to accept it's been a year! We can't delay for this abutting lap about the sun! Stay acquainted for a big advertisement advancing tomorrow… pic.twitter.com/DIAiSk3Za6
— Ethos.io (@Ethos_io) June 28, 2018
The bazaar was quick to acknowledge afterward the rumors, with a knee-jerk 23% acceleration in ETHOS tokens on Friday, and the badge captivated amount over the advance of the weekend. Afterward today’s announcement, the tokens accept received renewed absorption from investors. At the time of writing, ETHOS tokens were alteration easily at $1.66, according to CoinMarketCap.
Established a year ago by then-19-year-old Shingo Lavine, Ethos is a belvedere and wallet-application for users to abundance tokens, bill and agenda assets as able-bodied as tracking assets captivated elsewhere, or an exchange. Pre-registration, which had been accessible for three months, admiring 100,000 bodies whilst still in beta testing.
The ETHOS badge – an ERC20 badge – is acclimated in the ecosystem to admission assertive appearance and fees. According to the company’s website, the abiding aim is for ETHOS tokens to accommodate clamminess for the platform, enabling users to about-face or re-allocate into altered cryptos easily.
Revelations that Mr. Lavine had captivated ample accomplice affairs in the New York Stock Exchange aftermost Thursday had already accustomed acceleration to notions of above accumulated deals in the offing.
Some commentators had appropriate a above accord with Wall Street firms, because the company’s Chief Global Strategy and Compliance Officer, Stephen Corliss, had been COO at the asset administration firm, BlackRock. Ethos has long-mooted the achievability of a amalgam platform for acceptable assets as able-bodied as crypto.
Although there has yet to be any account on entente cordials with any big-name firms, the Ethos Universal Wallet will be the aboriginal above anniversary for the one-year-old company.
Disclaimer: The columnist is not invested in any cryptocurrency or badge mentioned in this article, but holds investments in added agenda assets.
