Ethos (ETHOS) is an ERC-20 token developed on the Ethereum blockchain incorporating a next-generation blockchain API "Ethos Bedrock". The API consists of four fundamental blocks i.e. Ethos Wallet services, Ethos Relay, Ethod Fiat Gateway, and Ethos Broadcast. Ethos is a platform offering a universal wallet to manage the cryptocurrencies linked seamlessly with fiat using a diversification layer. The users will be able to send or receive the supported cryptocurrencies using the wallet managerShow more [+] interface based on decentralized blockchain technology. The private keys will be secure with the user and ETHOS cannot access them without the user consent. Ethos token is used on Ethos platform to incentivize the community building and paying for fees. ETHOS is the fuel for Ethos platform.
Ethos was founded by Shingo Lavine who is also the current CEO. The team consists of a chief product officer Kevin Dean Pettit, a chief technical officer Tim Simmons and a chief operating officer Adam Lavine. The team consists of 17 other members.
The purpose of ETHOS token is to reduce cryptocurrency transaction costs and create scaleable micropayment transfer mechanisms. The ETHOS token also supports an open financial ecosystem that bridges crypto assets and conventional Fiat currency.