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RE: EOS: What happens with current tokens on Bitfinex when ICO is complete?

in #eos7 years ago

I've been accumulating also on, its definitely a long term hold, just like how steem has taken shape and also bitshares, EOS will be the same, we are going to use smartcontracts on the web, without realising it. there will be a 1:1 swap later on just like others are doing. I'd keep my EOS on MEW or Exodus wallet if I were you as it's not as safe to store it on the exchange, hope that helps :)

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Cheers @rtom1990
I agree that I like it for a long term hold. The commenter below, @johnchamberlain, said the coin swap remains to be seen, but if I read between the lines of what Dan says in his interviews, it sounds like it's set up this way on purpose to avoid the ridiculous red tape of the US laws... Of course I could be wrong, but I think this makes the most sense.
Also thanks for the heads up regarding the wallets.

The coin swap does indeed remain to be seen, exchanges wield lots of power and when it comes to listing EOS we could see multiple variants or splits. I touched on this in a post here
https://steemit.com/eos/@johnchamberlain/eos-blockchain-split-testing-different-variants-of-the-same-idea