The Initial EOS Distribution Period Has Raised Over 11 Million Dollars In Its First Few Hours. EOS Will Have Serious Advantages And Support The Very First Day The Network Is Deployed.

It has been clear that EOS has generated serious interest and attention from investors and companies alike, and I think the total market cap after the distribution will blow us away.

There is a initial total supply of 1 billion tokens, and 20% of those tokens are included in the initial contract that has a duration of 5 days. That means that there will be a total of 200 million tokens from the initial investment period, and the final price will not be seen until the closing of the contract. Even if an individual plans to invest during this initial period, I don't see any reason to not wait until closer to the end of the contract so the individual has a better sense of the overall investment and what their investment may entitle them to. In the last 24 hours of the initial distribution contract, I wouldn't be even slightly surprised if we saw the total invested double. I'm honestly not sure as to whether or not I will be taking part in the initial period, but I definitely don't plan to acquire a significant percentages of my holdings through it. I have been thinking about what I think the best way to build up my stake is going to be, and in my opinion that will likely be through small and continuous investments in the 23 hour periods. 

I think that EOS could have a top 10 market capitalization before the network even goes live, which just shows just how much interest there is in the EOS project. While it may seem like the initial period may not be the best time to invest because of all of the 'hype' surrounding EOS, because the distribution will take place over 341 days, there is also the possibility that even more investors find out and invest in EOS as time goes on. This type of distribution is very different from many other projects, and I believe that the outlined method will really give EOS the time and support it needs to become something really powerful. The restrictions and terms of the distribution were initially a deterrent, but I think that block.one will act honorably and protect their customers as well as themselves from legal issues and negative attention. 

The use of the Ethereum network for the distribution is something I am very supportive of, because it shouldn't just be simply sending currency and then receiving stake. 

While the use of the Ethereum wallets may seem straightforward to many of us, many individuals have had no prior experience with using any kind of Ethereum wallet before. While the process isn't overly complex and complicated, it does require users to conduct research and spend the time learning before they are ready to participate. If an individual wants to make an investment, they should be able to spend the time and effort required to securely and correctly participate in the distribution. Users really don't require much technical knowledge in order to use the wallet contract, and everything they need to know can be found on the internet through research. There will undoubtedly be people who simply send from an exchange or other method that isn't supported, but that is honestly no one's fault but there own. 

The length and structuring of the token distribution may seem very weird to some individuals, but I think that the length and wide distribution of tokens will enable the EOS platform to continue to gain even more traction and support prior to its launch. The amount of support and the total market cap that EOS will likely have upon the launch of the network will really give EOS a major advantage compared to other projects. EOS has been able to generate significant interest from big business, which is something that few projects have been able to do. EOS is still awhile away from actually being deployed, which is another reason why its level of interest and investment really impresses me. 

Releasing once the network is shown to be capable may take longer, but it will accelerate  initial growth and advancement greatly. 

In reality I assume that the EOS network would be able to deployed much sooner than a year from now, but this extended period of time will enable to software to improve and become even more tested. Maintaining a long term outlook is very important, because launching before a project is ready can have lasting long term negative consequences for the project. I am very confident that EOS will live up to its hype, and will become a massive platform in the years to come. The sheer flexibility of the platform will enable businesses from all sectors and industries to be able to utilize the advantages that blockchain technology has to offer, and has the technical capability and capacity to actually make it a reality. 

Right off the bat the EOS network will likely be one of the strongest, fastest, and most reliable networks out there, and will instantly have an impact on the practicality of using other platforms. A business has to make the tough choice of where they want to establish themselves and their business logic, and I think that EOS will prove to be the best choice for businesses wishing to utilize blockchain technology in the near future. The slow scaling that we have seen with Ethereum shows me that while the idea and concept is golden, the technical restrictions that the network faces will make it very difficult for Ethereum to actually provide the platform that it wants to. If EOS is extremely superior to Ethereum from a technical perspective like I expect it to be, it could have a serious impact on new businesses or individuals utilizing the Ethereum platform. 

I really hope that you enjoyed this post, and I urge you to leave any comments, questions, input, ect. in the comments below! Thank you for your support and for reading!

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