Exohood

Many may think of Exohood as another cryptocurrency platform that has just been launched. However. It is much more than that. It is a complete financial ecosystem that provides crypto services and solutions and is most suitable for crypto investors.With Exohood, you can buy, sell and trade cryptocurrencies, create your own token, NFT marketplace, and so on. If you are looking for the most robust and secure features on the defi ecosystem, this is the place to go. This article discusses the platform in detail to give you a clear picture of what it is, what you can use it for, its risks and benefits.<h2 id="header-0">What does Exohood mean?</h2>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. Now that we know the origin of the name, what is Exohood?It is a non-custodial automated protocol that generates value for the DeFi ecosystem via services and solutions that help accelerate the mass adoption of cryptocurrencies. The protocol was created by JJ Uzumaki, who have extensive experience in programming, his worked on Exohood with the aim of creating a Defi solution that is more accessible, safe, fully decentralized, and powered by Community Governance.“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,” Exohood Head of Technology Joseph Cohen, said.Exohood renders the following services:<ul><li>Fiat-to-Crypto: the exchange allows users to buy and sell over 160 Cryptocurrencies in 180 countries using different payment methods including Visa, MasterCard, and Bank Transfer.</li><li>Defi Trading:  Exohood also supports DeFi trading with its AMM trading platform. Users can trade tokens on a variety of chains with endless possibilities.</li><li>Token launchpad: This enables anyone to create and launch their own tokens. They can create smart contracts for projects without having any coding knowledge.</li><li>ExoGames: Blockchain-Powered Gaming Entertainment Ecosystem.Gives players the ability to make purchased items permanently yours! Play and build your own game.</li><li>Exoland: Buy, sell, and showcase NFTs. One-stop destination for ultra-rare collectibles and NFT art. User-friendly interface.</li><li>ExoWallet: This is a one-stop destination for all things banking, including bank accounts and debit cards. Users will soon be able to invest smarter in crypto and stocks using the Exowallet.</li><li>EXO Token: Users of the platform can earn rewards by providing liquidity using the EXO token. The tokens also give holders a stake in the community governance.</li><li>Merch Store: Exohood also has a store where fans from the US, CANADA, UK, and EU can buy and represent the brand with long-sleeved shirts, sweatshirts, hoodies, as well as mugs, hats, and more.</li></ul>Next Projects:<ul><li>ExoChain: The Exohood Smart Chain implementation is the other standout development component of the project. It uses a modified version of the industry-standard IBFT proof of authority consensus protocol, making it the ideal consensus algorithm for public blockchains with a group of well-known validators participating in block creation.</li><li>Exoswap: Allow your users to swap crypto without leaving your app/website. Earn on every transaction and monetize your audience with our crypto Widget/API.</li><li>Exouniverse: We are working on an open-source VR/AR systems that any developer can use to do their projects in the metaverse.</li><li>EXO Coin and Blockchain: We are working in our coin and blockchain based on the Monero algorithm, we believe it is the best, it is based on a CryptoNote protocol, <a href="https://coinmarketcap.com/currencies/monero/" rel="noopener noreferrer nofollow">Monero</a> algorithm uses ring signatures, zero-knowledge proofs, &#34;stealth addresses&#34;, and IP address obscuring methods to obfuscate transaction details. These features are baked into the protocol, though users can optionally share view keys for third party auditing. Transactions are validated through a miner network running RandomX, a proof of work algorithm. The algorithm issues new coins to miners, and is designed to be resistant to ASIC mining.</li></ul>Exohood has undergone an audit and passed the Security Compliance and Information Technology Audit by Intercer and LL-C European audit firm. It also undergoes the ISO 27001, the internationally recognized standard for security management.Users of the platform are also well secured as the platform is noncustodial, meaning it doesn’t hold funds so there is no chance of losing funds due to a hack or any other attacks. The platform has a simple user interface that allows anyone to use it successfully whether they are beginners or more experienced. Those who hold assets earn interest from them in EXO tokens. All these services are offered with very low fees so anyone can afford them.

The Many Robust Features Of The Exohood Ecosystem

Table of Contents

Exohood

Other articles published on Aug 25, 2022

WHAT IS VERSAILLES HEROES & HOW TO PLAY-TO-EARN?

COSMETA Obtained MSB License in the U.S.

[SPECIAL EVENT] Share Your Battle - Earn up to $2000 Reward Pool in the Open Beta Game

DRAC Listing Triple Benefits, 868,600 DRAC in Prizes!

After 86 million votes in favour, the Uniswap Foundation becomes a reality.

Vitalik: People continue to "underrate" the advantages of crypto payment.

Join our free newsletter for daily crypto updates!