EXOS

As this economy grows; As it leverages its native digital asset EXOS to its fullest extent, many great things become possible. Possibilities that we cannot even predict as they are emergent and creative by their very nature. This is in part what makes this exponential. This is what makes it special. 

EXOS Token

Introducing EXOS FAQ

We're not a traditional crypto. We talked like you mentioned at the beginning almost every altcoin created the technology and then is desperately casting around for use cases. And we, honestly, mostly by accident have built the ecosystem - because we needed an ecosystem to go transform the world - and then to really scale that ecosystem, we needed the token, and that becomes the economic binding engine that then allows us to really flower. That pathway means that we're coming into this as backwards in a sense and basically people are only finding out about it after the whole thing's built. Because we don't have to build anything. Everything's good and running. We're just tokenizing it and creating the decentralization models for what's already existed for close to seven years. And so that becomes a powerful model. We're a benefit corporation and the charter says that all the benefits of this ecosystem go back into the ecosystem.

Wind Turbines in Africa: https://www.africaexo.com/ - + Welwaze for breast cancer detection, consulting, the marketplace + the map. OpenExO members and its partners have used EXOS for anything from conducting trainings and ExO Sprints, to hiring freelancers and even couchsurfing. Our community is adding new use cases every single day. This map paints a good picture of the scope of the real-word use cases of EXOS: https://maphub.net/tokenmaps/exo-economy-success-stories-map-2021

You can apply for jobs in the OpenExO marketplace, or you can buy EXOS via the portal, www. exos.openexo.com, with BTC, ETH, or wire transfer in USD

Our ExOEconomy is the Global Ecosystem that offers endless ways to use EXOS as they can be used as a means of exchange in peer-to-peer crypto currency transactions. Additionally, you can purchase certification trainings from @OpenExO and @growthinstitute, you can post opportunities in the marketplace for EXOS and you can stake the network and earn EXOS

You can create/manage opportunities in the OpenExO marketplace, and hire out for anything you need done - and another member can apply for it. You can also tip other members with the ExosTipbot.

You can use Exos Tokens with anyone who has an EXOS-Core wallet, which can be downloaded from here: https://github.com/exoeconomy/EXOS-Core. You do it between each other and no one can stop you. What you choose to trade for EXOS is 100% your choice. We are not aware of any markets in which EXOS can currently be exchanged for other currencies.

You can exchange them in the OpenExO Marketplace for help on your Opportunity that you manage. This can be for services, products, etc. without transaction fees.

Once you have your wallet set up, and you have EXOS in them, you can begin a process called
"Staking" which helps the community get more EXOS Tokens. You will see a display that tells you
how many tokens you have staked, when the payout is, and how many tokens you will receive

"Currently, you’ll see that the network weight is 4 million 247 386.16 exos. What that means is that in the community out there of people running this wallet, there are that many exos that are being tied up bonded to the network staking."

Yes. Staking can only happen when your computer is up and running.

The heat map provides a visual representation of our token holders' staking activity by geography: https://heatmap.exos.to/

Remember your tokens are stored in the blockchain in the cloud. They're not stored on your laptop or your machine. Your keys are stored on your laptop or your machine.

There are a lot of really great videos on YouTube that are able to explain it very well. As we do not want to endorse anyone we are not providing any link.

April 15 Town Hall #3 : https://economy.openexo.com/town-hall-live-stream/#/search/lbge46rrlbtue4cpnjreqrcvnywug2dn?q=town%20hall Toby Lewis shares and answers questions on Metamask and Defi + Buy a small bit of crypto, one satoshi is enough, move some tokens around.

This is coming shortly. Our wrapped token wEXOS will allow holders to exchange EXOS for other tokens via Uniswap.

EXOS exist in digital form and currently there are no plans to issue it in a tangible form

Currently Exos can be bought in US dollar via internal money bank transfer

ExO is working on becoming a DAO in order to derive further benefits from a blockchain solution

Currently EXOS is a utility token used for payment for services and projects. In the future it may also become a governance token. It can also be staked in order to earn further rewards

We mine one block approximately every 67 seconds.

We're a social token by the new definition of this particular type of utility token, which, as I said, is a hybrid between platform and community. EXOS has its own blockchain. It is standalone, it is public, it is permission-less. all of our code is open source

Wind Turbines in Africa: https://www.africaexo.com/ - + Welwaze for breast cancer detection, consulting, the marketplace + the map. OpenExO members and its partners have used EXOS for anything from conducting trainings and ExO Sprints, to hiring freelancers and even couchsurfing. Our community is adding new use cases every single day. This map paints a good picture of the scope of the real-word use cases of EXOS: https://maphub.net/tokenmaps/exo-economy-success-stories-map-2021

In Discord, send a direct message (DM) to the tipbot with the following command: @tipbot balance. For all tipbot commands, DM the bot: @tipbot help

The value will fluctuate and will be defined by the market when it starts trading . Thus no set price can be guaranteed.

No, it is on its own proprietary blockchain . Currently a bridge is being build to Ethereum and EXOS will be able to be exchanged for a wEXOS

Everywhere. This map provides a visual representation of our token holders' staking activity by geography: https://heatmap.exos.to/

This tool gives detail data on who's staking, what client are they running, the number of peers, the block size transactions, per block, the volume of staking activity, etc. It allows you to see the health and activity of the blockchain in near real time. https://stats.exos.to/

You can earn your tokens by working and providing services to a community member as opposed to purchasing them directly. And that will be true up until the point where we're on exchanges that allow US citizens to purchase the tokens directly because those exchanges have the rights to do so. We as a company do not. But I can't promise that.

There are many factors in consideration for the expected reward time, like the number of tokens you have in your wallets, the network weight, the number of UTXO and the its size in your wallet, good internet connection and there is a luck factor too; to be part of the Staking process your tokens must be matured (more than 500 blocks) - from Discord

Under your Wallet tab, you will see an estimated time, and the number of tokens you will receive.

EXOS token is the native digital asset of the EXOS blockchain and the ExO Ecosystem. All the transactions on the EXOS blockchain are denominated in EXOS.
The token’s initial purpose is to serve as a way for the ExO Ecosystem to transact among themselves and other token holders – fast, globally, and digitally.
Initially the only way to gain EXOS is to receive them for ExO services rendered, or contributions to the ExO Economy and the Ecosystem. In that sense, EXOS is a utility token.
Gradually, as the Economy becomes increasingly decentralized and dematerialized, the token will become the binding agent between all the ExO entities, as well as serve as a store of value (and potentially a governance mechanism) for the whole network.

. \n\nTo learn more about it , wikipedia has a great article: \nhttps://en.wikipedia.org/wiki/Cryptocurrency"}" data-sheets-userformat="{"2":14780,"5":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"6":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"7":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"8":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"10":0,"11":4,"14":[null,2,8355711],"15":"Calibri, Arial","16":12}" data-sheets-hyperlink="https://en.wikipedia.org/wiki/Cryptocurrency" data-sheets-textstyleruns="{"1":0}[null,852,{"2":[null,2,1136076],"9":1}]" data-sheets-hyperlinkruns="[null,852,"https://en.wikipedia.org/wiki/Cryptocurrency"]{"1":891}">According to wikipedia , a cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership

Bitcoin (explainer video here: https://www.youtube.com/watch?v=41JCpzvnn_0) was the first crypto currency to be launched while Ethereum was the second ( explainer video here https://www.youtube.com/watch?v=jxLkbJozKbY). Since then more and more crypto currencies with different purposes have been released. For further reading also refer to https://www.investopedia.com/terms/c/cryptocurrency.asp

To learn more about it , wikipedia has a great article:
https://en.wikipedia.org/wiki/Cryptocurrency

) a new block is mined every minute with a reward of 1 EXOs\n\nFor more information please see the Github repository:\nhttps://github.com/exoeconomy"}" data-sheets-userformat="{"2":14780,"5":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"6":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"7":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"8":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"10":0,"11":4,"14":[null,2,8355711],"15":"Calibri, Arial","16":12}" data-sheets-textstyleruns="{"1":0}[null,218,[null,null,[null,2,8355711],"Calibri (Body)",12]][null,265,[null,null,[null,2,8355711],"Calibri",12]][null,319,[null,null,[null,2,8355711],"Calibri (Body)",12]][null,325,[null,null,[null,2,8355711],"Calibri",12]]">EXOS Blockchain is a derivative and successor of Bitcoin, building upon key modifications including NBitcoin and Stratis implementations. Utilising a proof of stake mechanism (to learn more about staking, click here ) a new block is mined every minute with a reward of 1 EXOs

For more information please see the Github repository:
https://github.com/exoeconomy

Our network of service providers and experts is truly global. We have more than 7,700 members in over 130 countries. This diverse network comes together to work with clients all over the world. We wanted to create a simple solution to a number of problems that our network and ecosystem face, such as: How do you easily and quickly facilitate payments for services between thousands of people across dozens of countries? How do you facilitate more valuable peer-to-peer interactions amongst network members? How can you align incentives through a global co-op structure? EXOS allows the community to easily transact with each other and do the work of transformation, and we hope EXOS becomes the “token of transformation” in the future.

OpenExO uses EXOS in its certification programmes as well as for certain project posted inside the community marketplace. During Consultant certification OpenExO is sponsoring one advisory call per participant by a mix of USD and EXOS. Applying for these opportunities is a way to earn EXOS in exchange for your knowledge and experience (please note you need to have done a free ExO Foundations certification to be eligible to apply). On the Sprint Coach certification, OpenExO gives a set allocation of EXOS to every participant to allocate for additional training which is then requested via the marketplace. In the past, OpenExO has also used EXOS to finance certain projects important for evolution of the platform and tools provided to the community.

FluidChains works with consultants and developers located in many different countries around the world. Many of these people have been and continue to be compensated in EXOS. These people are strong believers in the ExO Economy.

The Growth Institute runs a training program for people who want to build an Exponential Organisation and offer a limited number of seats payable in EXOS. Currently the course costs $2,790 and The Growth Institute accepts EXOS at a 1:1 ratio to the US dollar. The EXOS flow through the program as consultants and coaches who are involved in the program receive some compensation in EXOS.

In the future, we would like to include token, and token holders in governance of the network. At this point in time, though, we have not yet decided on a single, fully compliant and robust mechanism, which will allow the token holders to: (a) govern the network, (b) own the network, (c) have a fair share of any potential upside, but we are working on it and see at least one viable path in the future.
Our earliest experiments in decentralized DAO governance are running now and helping us to find the best projects in the OpenExO Ecosystem to several EXOS to battle HIV, protect the world’s oceans, accelerate the influence and impact of women, protect forests, and so much more!

In order to hold EXOS you need to download a dedicated wallet. Depending on for what you would like to use it . there are two different version available.

The EXOS core wallet allows you not only to hold your EXOS but also to stake your EXOS (staking: locking your EXOS to earn rewards ).
You can download the wallet here : https://github.com/exoeconomy

The second one is the light version, which is called the EXOS HD (Hierarchical Deterministic) wallet. It allows users to manage their coins without having the whole copy of the blockchain on their device. This wallet's primary usage is for non-staking multi-signature token storage.
EXOS HD wallet is currently available on Windows, MacOS, Linux with a version compatible with mobile devices coming soon.
https://github.com/exoeconomy/EXOS-Electrum/releases

We are not aware of any markets in which EXOS can currently be exchanged for other currencies. Advisors and consultants may exchange their EXOS in our—or any participating—marketplace for the services of other consultants and advisors who accept EXOS.

You can use EXOS to pay each other in a peer-to-peer way with no middle-person. Or you can leverage the OpenExO Platform and Marketplace to tap into the abundance of incredible humans that are part of the OpenExO Community. The platform connects. The marketplace is one way to transact. Over time, there will be others.

"}" data-sheets-userformat="{"2":14780,"5":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"6":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"7":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"8":{"1":[{"1":2,"2":0,"5":[null,2,4884200]},{"1":0,"2":0,"3":3},{"1":1,"2":0,"4":1}]},"10":0,"11":4,"14":[null,2,8355711],"15":"Calibri, Arial","16":12}" data-sheets-textstyleruns="{"1":0}[null,690,[null,null,[null,2,16711680],"Calibri",12]][null,691,[null,null,[null,2,16711680],"Calibri (Body)",12]]">We cannot provide any dates for a listing or commit to a public listing, even though this is part of our current plan. Generally, exchange listings and financial market liquidity are not a focus until after a public sale and distribution of the majority of a token. Currently, we plan to look for the right partners for liquidity after the public sale. This does not imply any date for a token listing, and we cannot make any predictions or promises about this. Generally, the ability of a token to be listed on an exchange is improved by a successful private and public sale that show demand for the tokens. But we have just launched wEXOS on Uniswap . To learn more about it - see the FAQ: Using DeFi with EXOS/wEXOS

Our blockchain is public and permissionless. You don’t need a mining rig. You simply need the EXOS-Core wallet and some EXOS. We are a proof of stake blockchain. Not a proof of work blockchain. Therefore, while there is mining, it does not depend on excessive computational power or energy. You just need to install an EXOS-Core wallet, go to the wallet tab, enter your wallet password under the staking section and click unlock and you are now a staking node on the network. To see all the nodes that are staking head over to the Heat Map.

There are multiple ways: You can buy them on exos.openexo.com, unlock them through quizzes on the portal, and earn them for referrals through the Learn & Earn program which is also on the portal (minus embargoed places and people). You can join the Doubling Challenge. You can also earn them by accepting Advisory calls or giving Master Classes or providing other services which are paid partially or wholly in EXOS.

You can buy EXOS via the portal, www.exos.openexo.com, with BTC, ETH, or wire transfer in USD.

The EXOS Blockchain is a proof of stake (PoS) Blockchain , thus transactions are validated based on how much EXOS are be held in the respective nodes. When you decide to stake your EXOS you are adding to the security of the network. As all Blockchains even Proof of Stake platforms are vulnerable to 51% attacks by malicious actors. This means when a malicious actor holds more than 51% of all EXOS they would be able to corrupt the network. By staking ,e.g. removing the EXOS from supply, and commiting it to the notes, you are reducing the supply and thus increasing the price of EXOS making a 51% attack extremely expensive and unlikely. For staking EXOS you are also earning rewards.

EXOS token is the native digital asset of the EXOS blockchain and the ExO Ecosystem. All the transactions on the EXOS blockchain are denominated in EXOS.
The token’s initial purpose is to serve as a way for the ExO Ecosystem to transact among themselves and other token holders – fast, globally, and digitally.
Initially the only way to gain EXOS is to receive them for ExO services rendered, or contributions to the ExO Economy and the Ecosystem. In that sense, EXOS is a utility token.
Gradually, as the Economy becomes increasingly decentralized and dematerialized, the token will become the binding agent between all the ExO entities, as well as serve as a store of value (and potentially a governance mechanism) for the whole network.

The heat map provides a visual representation of our token holders' staking activity by geography: https://heatmap.exos.to/

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