RE: Introducing the EOS Foundation

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Introducing the EOS Foundation

in eos •  7 years ago 

@cypherglass,
I like this idea, but what is the reasoning behind the EOS Network Foundation needing to have it's own token?

It seems to me it would be better to simply use the EOS token for voting.

The foundation token will eventually be distributed differently than the EOS token, because of token loss, trading etc. The foundation token will then compete with the EOS token and will create an unnecessary attack vector. People who sold all of their EOS tokens will for example still be able to vote for officials using their unsold foundation tokens.

Shouldn't the EOS holders be the ones to decide or am I missing something?

eos
7 years ago by

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