What Is Ethos?

Created by Ethos Support, Modified on Wed, 08 Feb 2023 at 08:25 PM by Ethos Support

Shingo and Adam Levine, a father and son crypto entrepeneur team, founded Ethos with the vision of a decentralized crypto platform that is both easy and secure to use. The founders of Ethos 2 previously started Ethos.io PTE, a successful crypto wallet and Blockchain technology company. They created the Ethos Universal Wallet, a successful self-custody crypto wallet that reached 100,000 users.  The founders identified and merged with Crypto Trading to form Voyager, one of the United State’s fastest-growing crypto brokerages reaching a valuation in excess of $3B. The core of this venture was a simple, easy-to-use trading app that made it easy to participate in the world of crypto.

Unfortunately the CEO of Voyager engaged in risky, unsecured lending, a fact that was unknown to his “customers” (now known as “unsecured creditors”) The ensuring disaster wiped out billions in equity value and roughly 30% to 40% of customer assets. 

Ethos 2 was created as a response to that.  Our vision is to build the world’s best “Decentralized Voyager” – a robust trading platform with a rich world of crypto trading products that is very easy to use.  We hold some key values that will guide our vision:

  • Self-Custody: We will never hold customer funds

  • Self-Sovereignty: Users will make all their decisions.

  • Convenience: We will make the complex task of holding crypto and participating in swap, staking and defi markets as easy and simple as possible

  • Transparency: All transactions will be on-chain and easily visible.

  • Trust: We will never mislead our users as to the nature of the platform or the risks inherent in investing in crypto.

With those values guiding us, we see a significant opportunity build a successful and profitable business by providing world-class service to users that have been burned by companies like Voyager, Celsius and others.  We predict several megatrends, similar to the trends of Ethereum, ICOs and NFTs will strongly benefit this business, namely Defi and advances in self-custody technology. Join Ethos in fulfulling the intended purpose behind the creation of cryptocurrencies.

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