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RE: Is EOS good for you?

in #eos7 years ago

Hi,
By doing a long sale split into windows they will sell at market value. Whatever the market considers the correct price to be. Remember that tokens sold at the end of the day will be tradable on exchanges so this will dictate the ICO price also. The hope is to avoid all the problems ICOs currently have not to grab money. A testnet will also be available during the ICO if that is bad price will be low. If testnet delivers price will be higher. There was this good post about why they chose this form of sale here: https://steemit.com/eos/@officialfuzzy/how-should-one-distribute-a-usd1-trillion-dollar-treasure

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By doing a long sale split into windows they will sell at market value.

I somehow agree with you in theory. In practise they can change plans per week of batch selling. I'm not to knowledgable on Crypto ICO's, but what I see on Poloniex when pulling up the coin value charts from day one, most of them where really high up and now worth only a fraction of it. Not for the older coins, but for the newer ones. Anyway, time will tell what will happen.

EDIT:
Interesting post you shared. Option 6 is the EOS option as far as I understand what EOS intents to do. But this doesnt change what I mentioned above in this comments. Plans can be adjusted. Hypes can be powered up. Crypto is in hype, and EOS is in hype, that is double hype. Anyway as mentioned before as well, time will tell :)