Why I got MUCH less EOS than what I bought?

in eos •  7 years ago 

Hey,

I sent 1.68 ETH to the EOS contract yesterday (3rd day I believe). By that time the price was around 0.010ETH for each EOS. I only got 75.8 EOS tokens when I claimAll today. Does anyone know what happened?

Thanks,
Marc

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Sorry, the more the contributions per period, the more expensive the tokens are for that period :(

  ·  7 years ago (edited)

Thank you for your answer.

So the price on coinmarketcap are useless? http://coinmarketcap.com/assets/eos/

I basically spent $480 for 75 EOS tokens that's $6.4 each. I didn't see the EOS reaches that high from the above chart?

yh, right now looks like it's better to buy from an exchange or wait till the hype dies down.

Okay, I got the idea. Didn't pay attention to the a*(b/c) part on eos website before sending the ETH. So the EOS/ETH price for a round is decided by the number of ETH collected at the end of that round.

Write good

Unfortunately you (and me) made a critical error. We should have bought on an exchange instead of using the ICO. Now we just have to hope we get our money back or make profit lol.

On the bright side it's still very early into the ICO and anybody buying it now has to hold their EOS or they will lose money, there's still hype and interest in EOS so I think we'll be OK.

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