Exosis (EXO)

noteshi 20

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noteshi posted on January 25, 2020 20:02:39

Came across this project recently although it has been around since 2018. So let’s start by noting that its timing to the market wasn't great, since 2018 saw bare times and a large percentage of projects were weakly thought out or scams.

Exosis has held its own during this time and I’m really glad to see progress towards its objectives through 2019 and into 2020. It has a unique Click here to see more... design where by virtual masternodes, that don’t require a large investment or a VPS, are run to support the blockchain.

The POW algorithm looks to have been forked from time travel 10 to X16R, which is not a bad move as we saw how successful that became with Ravencoin. This makes it ASIC and FPGA susceptible. But that doesn’t matter because the masternodes' POS offers more value in return than the POW aspect, so this in turn wards off large mining farms because it just simply isn’t profitable in relation to the power required to mine it. However this analysis is based on the current price so let’s see what happens!

Moving on to the ecosystem, the founders and team have developed exactly what they were supposed to - “an ecosystem” with nodes hosting VMN multi-platform wallets, a DEX exchange and an e-commerce platform. I’d like to see more companies recognizing its potential in 2020 and see the true value of what this project can offer.

Buying the coin is easy on a number of very well established exchanges and the transfer speed from exchange to wallet is fast and reliable. I bought my first virtual master node today and for a very low risk $17 dollars - 100 EXO. Would recommend you to check it out!