Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
The distribution of this token is very complicated. If for example they raise 1,000,000 eth for 200,000,000 eos tokens during the first period, does this mean that 1 eos=0.005 eth (1,000,000 eth : 200,000,000 tokens) ?
Exactly .. as in you're right!
Not neccesarily. They will be tradeable as soon as July 1sy, so they will be worth whatever you can buy them on the free market for, or however much you can buy them in the current ICO round for. Both prices will tend towards each other, but they will be dynamic and always changing over the course of the next year.