well, that could still be the case - in which event, it's kinda all served as an excellent publicity stint. nonetheless, there is some big investment money behind the project - which came both before the ICO and is still there awaiting investment, aside from the ICO funds raised...
so as the for the morality of recycling trades... well, perhaps we'd better off looking past that piece and focus on what can be built on the platform now that things are in motion and the capital is there waiting...
True, true. I am actually liking the EOS idea (especially given that Steemit is using the same underlying Graphene blockchain), I am just kinda not sure what to make of the founders decision making, hence such news and your accompanying frame are very welcomed.