Hey peep!
just starting an open forum sort of a post today.
I predict EOS will over take most currencies including bitcoin and ethereum I have my reason one being that steemit has done so well and both steemit and EOS were created by Dan Larimer.
let me know what you think
- I am wasting my time
- You totally agree or
- If you have a better crypto for me to look into?
peace
Isaac
The Year long ICO like @gamma-rat mentioned is off putting but also the fact that ( as it stands ) they don't have to honour any coins if they decide to use different ones when project Is up and running. if we can have some sort of reassurance of coins being honoured then I would jump on this wagon! let us know what you think @isaactruedizzle
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thats a great point too @jesselee.
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I think that's mostly legalese for "you can't sue us."
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hey sorry for the late reply.
but yes i do agree with you it is concerning that they do not technically have to honour the ERC20 token that are for sale.
but i believe the long term ICO will be a good thing for mass adoption
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EoS has shot itself in the foot with its year long ICO, its a terrible idea. As a project it's promising but by time the ICO has finished it may have lost all interest and credibility.
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I agree @gamma-rat there are a few concerns about the super long ICO :/
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I agree the distribution model is not doing good things to the value of the token but why would it impact the value of the project ?
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I think its impacting the value of the project because its allowing rivals like Neo to steal alot of financial input from potential investors. Crypto is a fast moving market place there's no time to stop and admire the scenery.
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But that has nothing to do with the ICO. Thats just the time to develop.
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The ICO didn't have to be matched to the same time period as development
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Ok thats true. They will not be able to start sooner with the product because of the ICO
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Yh its such a schoolboy error that could potentially derail the project, however this time next year we could be talking about how superior, an up and running EoS platform is, and reminiscing the days it was below $5 yet alone $1
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The long ICO is great for accumulation but bad for short-term speculation. Buy with that in mind, it's a long-term HODL for me.
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