32% of EOS Tokens are Still Unregistered and a $1M EOS Wager?

in eos •  7 years ago  (edited)

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If you check EOSAuthority HERE, amazingly 32% of EOS tokens remain unregistered...

If you need an easy solution to registering your EOS Tokens, you can transfer them to Exodus Wallet and utilize their 1-click registration. You can download an Exodus Wallet at their website below:

https://www.exodus.io/

Or if you chose to keep your tokens on an exchange, I would suggest using Binance as they have indicated they will support the main-chain but there are always risks utilizing a 3rd party. Such as multiple chain launches and not all airdrops not being supported. So you really should take 5 minutes and learn how to hold your own private keys.

Speaking of airdrops, this guy who works with Cypherglass (a EOS BP Candidate) supposedly made a $1MM bet with a co-worker on the price of EOS reaching $1,000 by the end of the year and he makes his case in the video below. If he's only 1/2 right, I'll be sorry he lost his bet, but I'll be a very, very happy man. His main thesis revolves around Airdrops, check it out below:

The airdrop funding model definitely has the potential to radically change the capital raising market going forward so the potential is definitely there...

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I am Lord @matthewwarn and I have Stackitis...but there are worse problems to have in life...like owning EOS for the long term and not registering your tokens!

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nice video, we could start some bet here as well with more coins, just for fun :)

People is just crazy but I guess they are keeping their EOS in the exchanges which declared EOS mainnet support (Kraken and the like)... very RISKY option and also I doubt they will give you the continuous airdrops

If a holder of EOS doesn't plan to sell anytime soon, they should hold their keys and let the airdrops fall right into their own wallet. Only sheep waiting to be slaughtered should let someone else hold all of their private keys.

Thanks for all the info MW!!!

if the mainnet launches are the unregistered coins lost?

Firstly, the ERC20 tokens on the Ethereum network are only placeholders for the real tokens, that will not exist until after the mainnet launch. So they will still exist but will have no value after the snapshot on June 2nd.

I notice that a good deal of tokens have been registered in the last day or so. I looked at that graph yesterday and total registrations were a little above 50%.

The dark blue section of the graph, which represents the 67.8% are the properly registered tokens, they should all be in play after the mainnet launch assuming everyone has their private keys stored safely. In the case of the light blue section representing 30.2%, these can be claimed via a "failback mechanism", I'm not sure exactly how that will work but should basically mean that at some point after the launch these will be claimable so long as the owner possesses the Ethereum private key. The last 2% reside on Ethereum addresses that have had no outgoing transactions, my understanding is that these addresses don't have public keys stored on the blockchain meaning it may not be possible to claim them.

It's possible, @dan has indicated there would be something that might be able to be done later but if not, all would be worth $0.00

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