EtherPOS PriceETPOSInactive

What is EtherPOS (ETPOS)?

EtherPOS (ETPOS) is a cryptocurrency token launched in 2023 on the BNB Smart Chain, operating under the BEP20 token standard. The project describes itself as a secure computing platform for EtherPOS investors, built on simple and secure blockchain technology. Its stated ambition is to establish an EtherPOS exchange and to become a leader in blockchain-based security services by delivering innovative solutions on a secure infrastructure. The token has a maximum supply of 100,000,000 ETPOS with 6 decimal places. Total supply is 0 ETPOS and circulating supply is 0 ETPOS per CoinMarketCap; the project self-reports a circulating supply of 109,418 ETPOS (0.109% of max supply), which is unverified. The project remains in an early stage of development, with validators being recruited and the broader ecosystem still taking shape.

Key Specifications & Tokenomics

• Name: EtherPOS
• Ticker / Symbol: ETPOS
• Blockchain / Platform: BNB Smart Chain (BEP20)
• Smart Contract Address: 0xdE7B72c2c2828A81bEe8D7FA86c7FC22B58A713d
• Decimal Places: 6
• Launch Date: January 16, 2023
• CoinMarketCap Listing Date: January 15, 2024
• Max Supply: 100,000,000 ETPOS
• Total Supply: 0 ETPOS
• Circulating Supply: 0 ETPOS
• Self-Reported Circulating Supply: 109,418 ETPOS
• Official Website: https://etherpos.io
• Whitepaper: https://whitepaper.etherpos.info/
• Block Explorer: bscscan.com
• Category: BNB Chain Ecosystem

Who created EtherPOS?

Detailed public information about the founding team, developers, or backing organizations behind EtherPOS is currently limited. The project's whitepaper and official website serve as the primary sources of information regarding its development and roadmap. The founding team, developers and backers are not publicly identified in the project's website or whitepaper. Prospective investors should conduct their own research and exercise caution given the limited transparency surrounding the project's leadership and organizational structure.

How does EtherPOS work?

ETPOS is a BEP20 token on BNB Smart Chain; it does not run its own consensus. The project describes a staking network referencing PoS in which validators holding ETPOS confirm new ether coins distributed on the network. The project intends to build an EtherPOS exchange as part of its broader ecosystem, aiming to provide a secure computing platform for its investors. The underlying infrastructure is designed to support blockchain-based security services, with the project positioning itself around high-quality, innovative solutions built on secure foundations.

What makes EtherPOS unique and valuable?

EtherPOS differentiates itself through its focus on blockchain-based security services and its validator-driven model that ties token holding to network participation. The project aims to combine a secure computing platform with the development of its own exchange, creating an integrated ecosystem for its users. Bitget notes that ETPOS's value is not widely recognized by the market. The token's distinctiveness lies in its validator recruitment model and its ambition to establish a leadership position in blockchain security services.

What is EtherPOS used for?

ETPOS serves multiple functions within the EtherPOS ecosystem. Primarily, it is used as a requirement for becoming a validator, with token holders eligible to participate in confirming new ether coins distributed on the network. The token is also intended to facilitate transactions and interactions within the planned EtherPOS exchange. As the project develops, ETPOS is positioned to play a central role in the platform's security infrastructure and service offerings. ETPOS is tracked on several price-index and data platforms, and Crypto.com lists conversion pairs to AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD and KRW; however, reported 24-hour volume is 0 and the last recorded trade was in January 2023.

How Is the EtherPOS ecosystem developing?

The EtherPOS ecosystem is in an early stage of development. The project is actively recruiting validators to support its network operations, with token holding serving as a prerequisite for participation. Plans to build an EtherPOS exchange are part of the project's roadmap, though the current focus appears to be on establishing the foundational validator network and security infrastructure. ETPOS is tracked on CoinMarketCap, Coinbase, Binance's price directory, Bitget, BitMart, CoinDesk, CoinCarp, Phemex and LiveCoinWatch, though it remains a low-visibility asset with no reported trading volume. Official channels include the Telegram group t.me/EtherPosValidator and X account @etherpos22. EtherPOS.io announced the launch of its staking network in a Medium post on February 5, 2023, described as technology for custodial digital currencies, global payments and applications; a January 30, 2023 article described it as a stake network referencing the proof-of-stake mechanism. The project's development trajectory will depend on its ability to attract validators, build its exchange, and expand its security service offerings.

How to mine EtherPOS?

ETPOS is not mineable (per LiveCoinWatch) and is listed as premined; it is a BEP20 token on BNB Smart Chain. The project describes a staking network referencing PoS in which validators, who must hold ETPOS, confirm new ether coins distributed on the network. Reward specifics are not detailed in the project's public materials.

How to keep your EtherPOS Coin safe?

Keeping ETPOS tokens safe requires attention to both general cryptocurrency security practices and project-specific risks. Because ETPOS is a BEP20 token on the BNB Smart Chain, it can be stored in wallets that support the BEP20 standard. Users should consider using hardware wallets for long-term storage and ensure their private keys or seed phrases are kept secure and offline. A critical consideration specific to ETPOS is the warning issued by CoinMarketCap that the smart contract can be modified by the contract creator, potentially allowing actions such as disabling selling, changing fees, minting new tokens, or transferring tokens. This introduces additional risk that investors should carefully evaluate. Before taking any action, users are advised to exercise caution and conduct thorough research. General best practices include verifying contract addresses before transactions, avoiding sharing private keys, and staying informed about project updates and any changes to the smart contract.