Eidoo Hits 100,000 Downloads As Cryptocurrency Customers Seek A Simpler Way To Store And Use Their Assets

465
ADVERTISEMENTScreditx RoboRobo Dreamtime

Share with:


Eidoo has surpassed 100,000 downloads of its app that offers consumers a simple, easy-to-use multi-currency wallet and hybrid exchange for their cryptocurrencies. The key milestone comes as the total cryptocurrency market capitalization reaches $208 Billion and the CME prepares to launch a bitcoin futures market, propelling the sector ever closer into the mainstream. (www.eidoo.com)

The innovative Eidoo app leverages the full potential of digital currencies in one consumer-friendly environment enabling those who were once deterred from cryptocurrencies through lack of technical knowhow  to embrace the dawn of a new financial system.

Following a successful ICO that raised $27.9M, Eidoo is also accelerating its development road map to integrate a hybrid exchange, a Bitcoin wallet, an Eidoo-branded debit card, and a raft of innovative add-on services that will enable customers the convenience of having a single mobile app where they can buy, sell, convert and spend digital currencies with ease.

Built on top of the Ethereum Blockchain, EDO is an ERC20 token necessary for users to pay fees for the services offered in the Eidoo app. As a multi-currency wallet, Eidoo supports both Ethereum and all ERC20 tokens automatically, so there is no need for users  to set up a new wallet every time.

The net revenue from all the value-added services linked to the Eidoo app will be collected in EDO tokens by a publicly auditable smart contract that will divide revenues as follows:

  • 50% will represent the revenue flow for the companies involved in the Eidoo project providing the added value services;
  • 50% will be a voucher for the service. The voucher will be deleted from the blockchain after its use, effectively forwarding these tokens in a burn address that doesn’t have a private key to move funds from.

Eidoo CEO Thomas Bertani said:

“We’re thrilled by the enthusiasm our app has received and are working hard to roll out a full suite of add-on services to make the purchasing, selling, converting and spending of cryptocurrency fast and easy for the masses. Hitting 100,000 downloads just weeks after our ICO was a significant indicator for the company that we’re building a blockchain service that people desperately need.”

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

Visit Website
View All Articles
advertisementBlockchain Expo