Ethos Token Rebrand Announcement - Introducing the Voyager Token (VGX)

Ethos Token Rebrand Announcement

Introducing the Voyager Token (VGX)


It’s official, the Ethos Token (ETHOS/BQX) will be re-branding to the Voyager Token (VGX)!

In November, we unveil the broker token, a dynamic utility token to power our commission-free crypto trading and broker platform, Voyager. Here is our letter to the community of how we're building the future of finance together...


Today we are happy and excited to announce that the Ethos Token (ETHOS) will be rebranding to the Voyager Token (VGX). This has been a long time coming and is a significant step towards integrating the Voyager and Ethos products and communities. We believe that this rebrand will give the community and joint companies an amazing opportunity to build a Regulated Crypto Broker that the crypto market deserves.

When the Ethos and Voyager teams first met, both sides realized that there was a deeply shared vision and mission. Ethos was founded on the idea of building a financial ecosystem that is open, safe and fair for everyone. Voyager is making crypto markets more accessible and secure for consumers, and their product was very much in line with the original vision of Ethos. Both sides had technology and expertise that complemented one another and we knew that by teaming up, we would have the resources and reach to challenge the incumbents in the space. 

Since the announcement of the merger, Ethos has been able to exponentially accelerate Voyager’s growth and expansion, both by bolstering customer acquisition and by opening up additional product features such as crypto deposits and withdrawals. This rapid product build out shows just a sliver of the potential of our collaboration. Ethos has come a long way and everything that has been built is positioned perfectly to be utilized and massively accelerate a bold, global product roadmap. With the closing of the deal and regulatory approval, we’re ready to take the next step in this journey.

Our community is important to us at Ethos and we wanted to reward Ethos token holders who have been supportive for a long time by bringing them additional utility outside of what exists within the Universal Wallet. As part of this, it made a lot of sense for ETHOS to become the native token for Voyager and to be aptly named the Voyager Token (VGX).  

All Ethos tokens you hold will be automatically switched to Voyager Tokens (VGX) on all platforms which support the rebrand. In order to best take advantage of the token name and ticker symbol change, we recommend that you hold your tokens either on the Ethos Universal Wallet or on the Voyager app, as both platforms will be natively supporting the change. Tokens will be automatically re-named 1-1 with no smart contract or supply changes necessary, as this is not an official token swap.  We’ll be working with all services which support the Ethos Token to support the rebrand, stay tuned for more!

In addition to the existing utility of the Ethos token that powers the Universal Wallet, new functionality will be added to enable Live Trading of self-custodied funds along with discounts and cashback rewards to traders who use the Voyager app and brokerage services. We will also be releasing an updated whitepaper (version 3.0.0) when the rebrand has been fully executed. Stay tuned for that as we lay out our exciting vision for the future!

We appreciate the support of the Ethos Fam as we move into the next chapter with Voyager!

Sincerely,

Shingo Lavine, Ethos Founder and CEO

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Ethos Token Rebrand to Voyager Token (VGX) FAQ

Ethos Token Rebrand to Voyager Token (VGX) FAQ


We've announced that we'll be re-branding the Ethos Token to the Voyager Token.

Here is an FAQ to answer your most burning questions!


Why did the team decide to rebrand to Voyager?

We felt that the message was too confusing for a native broker token to be called anything other than the name of the platform it was meant for. We’ve seen other platforms and exchanges have great success with native tokens in the crypto space and we felt that Voyager was the right platform to focus on given the enthusiasm the community had around the trading platform. 

What will happen to my ETHOS tokens?

Nothing except you are now the proud owner of Voyager Tokens! These tokens will continue to maintain their existing functionality within the Ethos Universal Wallet and other applications. We recommend that you hold your tokens on either the Ethos Universal Wallet or Voyager Trading Application as both platforms will be supporting the rebrand effort.

What will happen to other places the token is listed?

Other platforms will not have to change anything except the branding and ticker of the token. We are actively working with the 100+ places that the token is currently listed to have each of them support the rebrand effort.

What is the new name and ticker?

Voyager Token (VGX). 

Where can I purchase the token?  Does it have other symbols?

The token trades under the symbol VGX.  There may be legacy markets where the token may appear as BQX and/or ETHOS. The most popular places to trade are the Voyager App or Binance.

What is the token’s functionality in Voyager?

The token will let you reduce network fees, collect cashback and earn interest. 

What fees are reduced?

We anticipate a wide variety of fees can be reduced when paid in tokens such as withdrawal fees, live trading fees and future product fees that Voyager may develop. 

How do I earn cashback?

When you hold a certain number of tokens you will get money back when you trade. To get a better idea of how it will work read here: (https://www.ethos.io/ethos-introduces-cashback-rewards-for-token-holders-trading-with-voyager)

How can I earn interest?

Voyager will soon release an interest bearing feature for customers. The roll-out will start with a baseline of variable interest that fluctuates with crypto market rates. Soon after, token holders will be given the opportunity to get enhanced interest rates based on the number of tokens held.

When will utility details be released?

As Voyager releases these features, more information will be announced over time.

What about trading from self-custody?

Voyager also plans to release trading direction from individuals wallets (Universal Vaults) called Live Trading. For more details on how this would work, read here: (https://www.ethos.io/ethos-voyager-livestream-recording-summary)

 

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