Exohood
| Exohood | |
|---|---|
 Icon of Exohood | |
| Ticker symbol | EXO |
| Development | |
| Original author(s) | Developers Joseph Cohen and Ari Levi[1] |
| White paper | Exohood/Whitepaper V3 |
| Initial release | 16 April 2021 |
| Code repository | Github/Exohood Repository |
| Development status | Active |
| Written in | Solidity (version 0.4.23) |
| Developer(s) | Exohood Community Developers |
| Source model | Open source |
| License | Apache 2.0 |
| Website | https://exohood.com/ |
| Ledger | |
| Block explorer | BscScan/Exohood |
| Circulating supply | 282,000,000 EXO (as of Jan 16th 2022) |
| Valuation | |
| Exchange rate | US$0.000952 (February 2022)[2] |
| Market cap | $271k (February 2022)[3] |
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Exohood is a financial ecosystem through services and solutions which involves a crypto exchange, wallet infrastructure, NFT market, crypto token launchpad, and its own native cryptocurrency, which is EXO token.
History[edit]
The word Exohood was derived from two words, the Greek word "Exo" meaning external, and "Hood" which refers to Robin Hood, portrayed in the British TV show "Robinhood".
The project was born at the end of the year 2020. The EXO Token was launched on the 16th of April, 2021 on the Binance Smart Chain network, but the team decided to maintained its appearance discreet and humble within the ecosystem. Consequently, the Token hadn't made an ICO to support its release on the market. Reportedly, the Exohood Team didn't expect such immediate endorsement by users. However, a few days after the launch on the network, the token was listed on CoinMarketCap, generating relevant news and in a few hours, it got a significant ATH (All Time High) which was then affected by a wild market fluctuation which decreased the highest value reached since its launch, but the Token kept going.
Team Wallet Token Burning[edit]
In October 2021 the organization team went on to burn the Team Wallet worth 210.000.000 EXO seeking to increase and assure liquidity from users and investors and help the project move forward independently.[4][5]
Security Audit[edit]
In November 2021, Exohood claimed to be the world's first crypto decentralized organization that successfully passes security compliance and data protection audit by Intercer & LL-C. The organization undergoes the ISO 27001,[6][7] the international recognized standard for security management which the user to create its own Information Security Management System (ISMS) examination. The audit was handled by the auditing firms Intercer and LL-C, which covered the exchange, infrastructure, NFT market, Token launchpad, and EXO token.[8] Exohood Head of Technology Joseph Cohen, said:
"We believe people coming forward into decentralized finance deserve the same protection as investors in traditional markets, adhering to the same standards, practices, regulations, and compliance protocols,"[9]
Design[edit]
Exohood is an noncustodial automated protocol which generates value for a complete decentralized finance ecosystem through services and solutions that help accelerate the massive adoption of cryptocurrencies. Exohood is fed through a self-management system thanks to the collaboration of their members.[10]
Exohood is an organization represented by rules encoded as a transparent computer program, controlled by the organization members, and not influenced by a central government. A DAO's financial transaction record and program rules are maintained on a blockchain.[11]
References[edit]
- ↑ https://exohood.com/blog/f/exohood-%E2%80%93-everything-to-know-about-this-platform
- ↑ https://coinmarketcap.com/currencies/exohood/
- ↑ https://coinmarketcap.com/currencies/exohood/
- ↑ Exohood. "Exohood Goes Forward With Biggest Burn of All Team Wallet". Exohood. Retrieved 2022-02-17.
- ↑ "What is a Cryptocurrency Token Burn". www.bsc.news. Retrieved 2022-02-17.
- ↑ "Untitled". www.intercer.es. Retrieved 2022-02-17.
- ↑ "Certificación ISO 27001 | Sistemas de gestión de seguridad de la información | LLC ES Spain". ll-c.es. Retrieved 2022-02-17.
- ↑ "The Exohood Crypto Protocol Successfully Passed the Security Compliance and Information Technology Audit". Coinspeaker. 2022-01-10. Retrieved 2022-02-17.
- ↑ https://zycrypto.com/the-many-robust-features-of-the-exohood-ecosystem/
- ↑ https://docs.exohood.com/
- ↑ "The Exohood Crypto Protocol Successfully Passed the Security Compliance and Information Technology Audit". Coinspeaker. 2022-01-10. Retrieved 2022-02-17.
External links[edit]
This article "Exohood" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Exohood. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
