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RE: EOS Crowdsale Guide (Chrome + Metamask + EOS App)

in #eos7 years ago

Thanks for the guide! So if people are going to be trading tokens before the distribution year ends.. is it possible that some of the tokens traded "publicly" would simply disappear if the original ICO participant didn't register his keys? Or can you only trade them after completing that step?

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I can only guess, but my guess is once you have the tokens you need to register them yourself, otherwise you would lose them anyway. My guess is it associates the ETH public address with the EOS public address registered. Then when they take the snapshot, they look at the EOS-ETH tokens in that account. So when they are exchanged, they would have to be re-registered to be valid for the snapshot.

I am also going to guess that exchanges may permit people to register their tokens before the snapshot, however, this does cost money so it may not be free.