With the recent news that EOS has announced regarding its token sale, there are many who have complaints on its complicated "game theory" based token release..as a result there are many of the investors that have polarized themselves in mainly 2 camps.
To make things short, this is the distribution pattern:
Total Tokens Outstanding 1 billion
200 Million tokens for sale during first 5 days
700 Million tokens for sale for the rest of the year (@23 hour days).
100 Million tokens for the EOS team and devs
The 2 Main Camps;
The Early Camp
Without a doubt this is the window where the maximum tokens are being offered at the shortest window of time. This would also mean there would be whales and a mad rush to buy as much tokens as one can. Result > higher price paid per token because of the total contribution/200 Million tokens. One can also expect Ethereum network to go near melt again along with network issues, as evident in the past few Ethereum centric ICO's.
The Later Camp
Some prefer to buy later (after the 5 day window) because time would be on their side. As the tokens will be listed on exchanges after the first window, this means that the tokens would also be susceptible to market forces (up and down). But there would be a price discovery at this point of time. Hint..if you think crypto market is due for a correction..you may want to look at this option.
Hope this clears out this complicated Token Sale for many out there.
Let me know your thoughts.
I plan to buy all year until I reach my allocation. A few per day or week.
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Probably the best way
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When do you think is the best time to buy?
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Are u a risk taker ? I personally like to know he price of something
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Not really, that's why I'm thinking about waiting and buying from an exchange.
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assuming people put it on the exchange, I fear on the first few days, the whales will come in
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That's true.
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The whales will be buying from the counter trust me. Not from the exchange
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Cool. Just buy it steadily. No rush. We have a whole year
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Well! The EOS ISO is closed now. They have reached their cap
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Lol
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lol....even before they begin
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π
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