EOS is definitely a risky investment at this point.

I have confidence in Dan's skills, and to those that are espousing that there is not much information as to exactly how EOS works... there is probably a good reason for that. Ethereum, et al, would love to digest a competitor's roadmap for scaling and possibly implement some of the ideas in their own implementations (if found worthy.) I am sure Dan has a plan, but whether it is the best smart contract scaling plan is yet to be seen. That ads risk alone.

But... let's assume that he has the best plan for scaling smart contracts. As expected, the first ICO window set an astronomical tone for the valuation of EOS tokens. As such, I did not participate in it.

650,000 ETH for 200,000,000 EOS

= 0.00325 ETH per EOS token

There will be 1,000,000,000 total EOS at the end of the ICO.

= 3,250,000 ETH Market Cap

= $942,792,500 USD EOS Market Cap


If EOS is eventually successful, then this might seem like a value at this point in the general cryptocurrency market timeline. However, you must keep in mind that practically every cryptocurrency is overvalued at this time and that market capitalizations will retreat back to pre-bubble levels in the nearish-mediumish term.

There is no escaping the overall cryptocurrency bubble, and all cryptocurrencies (Bitcoin included) will feel the consequences of such. EOS is no safe haven, and I expect to buy EOS in future rounds at a discount compared to the prices that are currently being paid.