Post
Topic
Board Altcoin Discussion
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
by
GinkgoFarm
on 04/07/2017, 14:07:19 UTC
Why EOS hitted exchanges while ICO is ongoing?

The ICO was only the first day, the ongoing sale is going to last for over 340 more days and no one wants to wait a year to trade the coins they bought.
But its better so buy on exchanges? I dont get that

First research, then invest. If you don't get something here, you are not ready to invest.
That's why I'm asking here

The price you pay on the ico is determined every 23 hours by how many contributions are made during that period, 2 million tokens / total ETH.

Unless you think they are going to receive $2-3 billion in donations for their project over the course of the year, then the tokens will be cheaper in a few days / weeks / months as the contributions fall.