- As part of the $Ethos token launch, Binance will airdrop over 60 million $ETHOS tokens to $VGX holders, who were affected by the Voyager Collapse in 2022 on October 10th, 2024.
- $Ethos was originally a popular token on the Binance exchange, launched in 2017 before the token merged with the Voyager token in 2019. The two companies parted ways due to disagreements before Voyager collapsed in 2022.
- Ethos has nearly 20k current wallets and 75k+ reward activities completed on their platform pre-launch
Road Town, British Virgin Islands, October 8, 2024 / AlexaBlockchain/ – Ethos, the pioneering on-chain, self-custody wallet and trading app, has today announced leading exchange Binance will be conducting an airdrop of over 60 million $ETHOS tokens, scheduled for October 10th, 2024. This initiative aims to support and empower users who were affected by the collapse of Voyager, reinforcing Ethos’ commitment to decentralization and self-custody in the crypto space.
Ethos has a rich history that dates back to 2017, when it first launched the Ethos Universal Wallet, a tool that quickly became a favorite among more than 100,000 users for its ability to securely store ERC20-based crypto assets. However, after Ethos merged with Crypto Trading Inc., which later became Voyager Digital, the Lavine family, who founded Ethos, found that Voyager’s centralized approach conflicted with their vision of self-custody. Following the Lavines’ departure from Voyager, the company eventually faced bankruptcy due to its risky lending practices.
In light of the numerous collapses of centralized exchanges (CEXs) like Voyager, FTX, and Celsius, Ethos has returned with a renewed focus on decentralization. The new Ethos app, available now on both Apple and Android stores, is a cutting-edge on-chain trading platform featuring advanced self-custody technology, support for over 5,000 tokens, and a patented “Magic Key” system that enhances user security.
The upcoming airdrop, in partnership with Binance, is a cornerstone of Ethos’ relaunch strategy. Over 60 million $ETHOS tokens will be distributed to users impacted by the Voyager collapse, providing them with a secure, decentralized alternative for managing their assets. Additionally, Ethos will allocate an extra 60 million tokens to reward users who take part in providing liquidity early on.
Ethos is working to restore trust in the crypto community through its partnership with Binance. Ethos is dedicated to providing a a secure, user-friendly platform that puts control back into the hands of the people. The Binance airdrop is just the beginning of Ethos’ efforts to empower users through decentralization and self-custody.
Ethos continues to grow, with nearly 20,000 wallets created, over 75,000 reward activities completed, and a rapidly expanding community across social media platforms. With Ethos’ revival backed by Binance through this 60 million airdrop, Ethos is looking to redefine self-custodial solutions in a community-centric manner
For more information, users can join the Ethos community on Discord, Telegram, and other social platforms and stay updated on the latest news by following Ethos on X and subscribing to its YouTube channel.
Source: Binance
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