Exodus (EXIT)

From CryptoWiki

Revision as of 13:51, 8 December 2022 by Grand Master Pepe (talk | contribs) (→‎Funding)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Basics

History

Token

Launch

"Has filed with the Securities and Exchange Commission (SEC) for permission to sell $75 million in shares of the company at $27.42 a pop through a Regulation A+ offering, which opens up shares to regular retail investors (as opposed to just accredited investors). The share price is based on a $710 million valuation for the company."

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

Fees

Upgrades

Mining

Staking

Liquidity Mining

Scaling

Interoperability

Other Details

Compliance

"It's likely that Exodus will first ensure its paperwork is in order before EXIT becomes tradable. While the public sale in some ways resembled an initial coin offering (ICO), the popular investment model for circa-2017 crypto startups, there were key differences. First, the Regulation A+ sale was approved by the U.S. Securities and Exchange Commission. Second, token holders are also stock holders, affording them a share of legal ownership in the company."

Oracle Method

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

  • Exodus had investment from bankrupt Alameda Research/FTX. This could mean fall-out risk since this equity will likely be sold due to bankruptcy.

Team, Funding, Partners

Team

  • Full team can be found [here].
  • Sebastián Milla Goñi ; COO

Funding

"Exodus earlier this year sold $75 million in common stock in the company, purchasable only through its wallet. The sale was notable for the company's decision to only accept Bitcoin, Ethereum, and USDC stablecoin for the shares. Exodus touted the SEC-approved share sale as the largest "regulated crypto public offering” ever."

Partners

(:

Knowledge empowers all and will help us get closer to the decentralised world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31