RE: EOS concept is WAY better than Ethereum.. What is EOS.io

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EOS concept is WAY better than Ethereum.. What is EOS.io

in eosio •  7 years ago 

There is certainly a lot of interest in this new project of @Dan Larimer. I hope the coin distribution will be less complex than a contract via ETH.

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Been reading the whitepaper and it sounds incredible. Kind of like an Ethereum with the ease of use of steem and no (gas/fees).

The ICO process has not been communicated yet. It may not be an ICO at all as they are looking for a fair distribution of the tokens.

Yes, it is an ICO via ETH but with secondary markets available after 5 days. The coins will be distrubted in tranches with various mechanisms to ensure that the distribution is somewhat fair (rich people will remain rich people -> can buy more).

More details of the ICO here.