Distribution model is terrible. Will create a rush for the first 20%. I predict you will overpay on most blocks in comparison with the exchange prices. An nice to see that Dan uses his own creation Ethereum -- ey, wait, it was not him, he created bitshares and is using Ethereum... wow!
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Interesting input. Consider joining eos to talk about it.
Ags crowdfunding was amazing but admittedly it did not have the 20% for sale first day . However i WILL say during ags people paid alot extra in first few days until it later evened out....but it screwed lots of people. Perhaps this is an attempt to mitigate this damage to unsophisticated buyers.
Now as for bts and eth...i wont even answer u because of the trollish tone. But ill say if you think dan chose eth because of a lack of respect for bitshares and that it somehow implies anything of value, you are too ignorant to want factual analysis.
I'm still not sure why Dan didn't share drop STEEM on BTS (AGS), and as much as I love the guy I'm still choked. To snub BTS/STEEM in the EOS ICO would be terrible. I'm not sure why Dan has cut ties so completely with BTS but it is tough to watch for those of us that supported him through the early days.
I have verrrry good reason to believe dan still cares about both chains.
EOS is not the steem/bts killer though. it is designed to make eth look like what it is: Vaporware
Hm...i wonder why i might want to get EVERY ETH holder to try it? hehe..
EOS / STEEM / BTS are like the holy trinity of crypto, and I agree they will coexist rather nicely. I also believe Dan cares about his first two crypto-children.
My concern is that Dan might not have choice and the EOS shareholders are deciding to run the ICO on ETH to enrich themselves and divest at the expense of the BTS and STEEM communities who should benefit from the next Graphene platform.
I agree there is value in having the ETH crowd tempted to try EOS by proximity, as there is a huge amount of value floating around in ETH and this is a good way to get the flood flowing to EOS.
But the better way would be to force ETH to sell and buy BTS/STEEM. Market cap and liquidity increases and a bunch of supply is taken off the market and tied up with the EOS team. Absolutely a huge win for BTS/STEEM.
Instead all the benefits go to ETH. It does not make sense. Unless you are an EOS shareholder with huge ETH holdings and you know EOS is going eat ETH for breakfast. Then it makes perfect sense.
Yeh but you wont force them to unfortunately. You have to incentivize them. And yes you could...and you would give a bigger cut to the bts and steem people but that isnt the only reason to do things. I do understand what you are saying amd im glad you think about it :)
Yes carrot and stick... you are correct that the carrot will win more ETH devs initially so perhaps it is for the best. On the flip side ETH is very much vaporware that doesn't do anything really useful on a large scale. If Dan can deliver, and he has a hell of a track record, EOS is very, very big stick that all rational ETH devs and investors will not be able to ignore. EOS does what ETH has spent years talking about doing, and does it better. :D
:)
He doesn't need their devs...EOS uses Wren Scripting language. Hehe... ;)
The difference is that in AGS you could not trade the token. As far as I undestand it you can claim them and TRADE them. This will create artificial shortage like GNOSIS and Dan is well aware of it. In Steem some documention was wrong and the offical ANN was done on April 1, in EOS he creates again something to milk the masses. I like the project and the tech, but I will stay away from this ICO. I do not want to get burnt again.
burnt again? I have stuck it out since very early on and in the longterm view dan has not in any way burned those who stuck with him.
This will definitely be interesting but at the same time i'm not worried about it....because the team should get some benefit just like satoshi did with his(?) genesis block giving 10% of all bitcoin to him. It is kind of odd to me how in this space people have an expectation for devs to not engineer in a way to get a strong cut. I want my dev to be so stacked with my token that I know buying his loyalty is gonna be mighty expensive. I guess it is just two different persectives though :)
love this response. :-)
srry man i am a sap but sometimes a love tap is necessary :P
Do you know if the Ethereum is held in escrow or if an auditor from the big 4 is handling?
srry man i am a sap but sometimes a love tap is necessary :P
I'm your 2000th follower muhuhhahahah
Lulz.
You guys really should all join whaleshares discord.
I do not know. But honestly this post is more meant to be a funnel to bring people TO DAN HIMSELF to ask questions. Im in a dang good position to answer many of them but alllllways best to take that next step and talk to master yoda.
I'm a proud Ben Keyhotee Jedi, but not a Master Yoda. So open that door and go say hey! :)
Just dropped into the telegram, mostly fud and the same questions over and over lol. Details will be released in due course so that was a nice hour I wasted :) The ICO seems fair as it's going to be actively traded on exchanges and a daily ICO over the year. Just the pricing over the year is going to be very interesting!
naw. this is a gooood place man. I have read dan answering thousands of questions.. often times from many angles.
fud will largely be ignored. no reason to let the fud ruin it. Like i said this is how you can reach dan if you want to add suggestions and give your thoughts. It truly is the best place...other than maybe his home phone. But you wont get that from me :P