I hope you do realize that while maybe imperfect this was the only way to arrange the process.
As they're upfront with the tokens being worthless.
That's the nature of all ICO's, the tokens are always worthless from the legal perspective.
Even more so by the fact that they will not be launching on top of Ethereum.
What difference does it make? If EOS founders wanted to defraud the EOS token buyers they can do it, no matter if EOS is built on Ethereum or not. And this is true about any blockchain which raised funds by an ICO, including the most established ones.
There is a legal vacuum in this space and if you don't like it don't use it, but please stop complaining, as there is nothing that can be done to fix it.
I really don't understand your point. You put links to some posts by ill-intended trolls who spread clearly false information. Quite stupid I must say.
Other ICOs state that their tokens will give you access to the platform, *if it is developed... EOS says they won't...
I'm just not convinced that this is an honest project and I already stated that this is not a scam.
I also genuinely can't tell if that "ill intended troll" is actually a troll, yes I've seen the stupid extortion attempt, but there are also several senior members on that forum who have issues with this project
If questioning things makes me stupid, then so be it, that's the way I roll, maybe I'm just stupid.
please read this too, at least I'm not the only person to be worried about this :)
And did you read what those "issues" are? The main one is that EOS is nothing more than a copy of BitShares. And the other one is that the distribution scheme is bad and unfair.
I really don't get it. If you don't like the proposed rules just don't buy EOS tokens. It's a proposal and you are free to reject it. But don't complain about the rules. They are not meant to satisfy your wishes. They are only meant to propose you something and offer you a binary choice: accept or reject.
The only important thing here is that the rules are clear and equal for everyone.
Worried about what? Other people making a bad decision? If the rules were unclear or obfuscated you might have a point. But it is clearly not the case here, rules are simple and clear.
OK, whatever. I'm not gonna be dragged into this.