In a recent statement, the ExO Economy project, co-founded by Salim Ismail, a Silicon Valley veteran, serial entrepreneur, and influencer, has announced its intention to list the platform’s native EXOS token on Uniswap.
ExO Economy is a decentralized ecosystem created by the OpenExO global transformation platform hosting more than 7,800 coaches, investors, and innovation specialists. The project team intends to have its native EXOS token listed on Uniswap in early Q3 of 2021. The statement released by the project indicates that the move is meant to open broader access to liquidity and trading for the platform’s users and generally help commercialize its service.
“Uniswap is the leading liquidity provider on the decentralized finance market. Presence on such a platform is critical for project traction and we are confident that the listing of the EXOS token will have a positive effect on its application and adoption. We are also confident that it will help attract a broader range of specialists to the project and help place their own personal development on the fast track through the use of our unique service,” as stated by Kent Langley, Co-Founder, President, COO, and Chief Science Officer of the OpenExO ecosystem.
The main functions provided by ExO Economy that make it stand out as a value-offering include certification process facilitation, financial operations and marketing support, as well as assistance in business development and practical experience sharing opportunities between the development team and onboarded specialists.
Apart from providing such business accelerating functions, the ExO Economy also offers practical instruments for its users. Among the latest additions to its list of services is the EXOS Core wallet that can be integrated into interfaces. The wallet can act as a bridge between the EXOS and Ethereum blockchain networks. It also includes the functionality of generating the wEXOS – a wrapped version of the EXOS token for the Ethereum blockchain in ERC-20 format for use on Uniswap.
The wEXOS can be used for liquidity mining, staking and bridge the two blockchains for greater user convenience. Both wEXOS and EXOS token will also be usable on the OpenEXO Platform, making the internal Marketplace accessible to users of the Ethereum network.
Previous statements made by the ExO Economy project team indicate that integrations of numerous other modules and functions are being planned with the main goal being the provision of new forms of liquidity for the overall ecosystem.