EOS token CONSPIRACY theories

!Disclaimer I personally own both EOS and Ethereum so I have no financial incentives in posting this article at all, I might even lose money from spreading these theories!

Many concerns are being raised recently on the EOS ERC20 token. For those who don't know, Block.one is the company behind the EOS network. This company is collecting a huge amount of Ethereum by selling their current EOS token with their year long ICO. This might seems odd because EOS plan is to create a completely new blockchain, so why don't they create their platform and just sell tokens directly on it? Like many people out there, I didn't want to believe that the excuse to this was a lack of funds to start it. After all, Dan Larimer, the superstar who came up with STEEM and BitShares is behind EOS. This excuse being erased from the possibilities list, there must be a bigger picture that we aren't seeing. Here are three theories that could explain this as a shrewd business move from Dan Larimer or may only make us all put tin foil hats on our heads.

Theory number one is that BlockOne is collecting all this Ether just to dump it all on the market and totally crush the Ethereum network when they are ready to launch their own platform because as we know, this company will have so many Ether (6 million Ether at the end of the ICO) they will be able to just crash the price completely if of course, this ICO continues to attract Ether at the same rate as it currently does.

Theory number two is that Block.one is collecting all this Ether just to be a really big part of the Ethereum network once they move to Proof Of Stake this is also very plausible because when steerer moves to proof of stake you will be able to take some kind of amount of Ether and you will earn money by virtually mining using this amount as stake so the more stage you have the more mining power you will have basically so Block.one could be using this Ether in the future to mine even more Ether.

The third conspiracy theory is that Block.One could just be buying their own token with the Ether already donated to keep the price up. because they're receiving so many Ethers, Block.One could basically buy their own token to keep the price up to attract more and more investors. Like a kind of pyramid scheme.

Personally, I think the first theory is the most likely. I have faith in Dan Larimer and I don't think he would want to lose all the respect he's got from creating STEEM and Bitshares for just a quick buck. I believe that the EOS team really do care about their project and they really want EOS to succeed. The first theory is also the brightest in my opinion and the most profitable to EOS.!