This article was first published on Ethos
Ethos Update: An Open Letter to the Community
Let’s start with the stats. The Ethos Universal Wallet has grown rapidly to over 100,000 users, and has processed many times that many transactions. The wallet now has 143 transactable coins and support for multiple blockchain types and tokens.
Over 100k wallets have been created – more than one per user! We built an automated airdrop tool that processed airdrops for nearly 60,000 users across half a dozen coins without any impact to the base-level network. We’ve processed thousands of customer support tickets 100% within SLA with a 97% approval over the last month. We continue to strive for the most outstanding customer service in crypto.
In addition, we have just released Universal Wallet version 1.5, which is our biggest update ever – more than twice as many merges/bug fixes as any other release we’ve had thus far. In update 1.5, we have built ETHOS token utility directly into Bedrock through Ethos Status.
In short, Ethos Status gives users varying status levels depending on the number of tokens they hold. With Ethos’s account structure, it also allows that “status” to be shared among multiple applications – allowing partners to build token utility directly into their applications. As a start, in the wallet, Ethos tokens give users elevated review visibility, review weight and a status badge. As the second phase of the fiat gateway is built, Ethos Status will be ...
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