Review on Eidoo by Temitope Babatunde
Eidoo Wallet Can Help You With ICO.
Natale M. Ferrara and Marco created Eidoo wallet in August 2017. The company is based in Switzerland. The wallet has its own native token which is called EDO and use as gas within its ecosystem, the amount of Edo which they will take as gas fee depends largely on the receiving address.
There is an exchange built within the wallet that allow its users to easily swap erc20 and erc23 tokens. Among the interesting features that it has is that there is ICO engine inside it, this allow users to participate in selected ICO, recieve airdrop directly into their Eidoo wallet and earning bounties.
Eidoo wallet also support Hierarchical Deterministic system, which means the wallet can generate different wallets for same coin. It also has token recognition, which means when sending your token into this wallet you dont need to worry yourself about the smart contract address of the token, this wallet will discover or detect which token it is automatically.
There is Eidoo recovery tool, which makes it possible for a user to be able to have access to the wallet even though the private key is stored on the device and it is encrypted, the recovery tool will descrypte it.
One also has the freedom of choosing between desktop version of the app or mobile version.
Pros
- It is available on both desktop and mobile version.
- There is ICO engine built in the wallet
- High security level
Cons
- Movement of coin inside the wallet need gas, which is pay with Edo.
