Post
Topic
Board Altcoin Discussion
Re: EOS ICO SCAM 👺👺👺 Wow! Can you believe this? 👺👺👺
by
Avaahnaa
on 22/07/2017, 19:19:17 UTC


They have been averaging 6 million each day after the 5 day period. First window gave out 200,000,000 tokens which means they get a lower price, which is why funding was so high. Next 350 days gives out 2,000,000 per 24hrs. Price has been averaging around $3 per window. EOS valuation at 3.2 billion? I don't think that's overvalued based on potential of technology and the people who are behind this project. This will become the Apple of altcoins.

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Oh yeah, i messed up my calculations, sorry. Just looked that amount released after 5days is 1/100 of initial and average price was higher...

Anyway, lets take 1 billion dollars... 1 billion dollars for an idea/potential. No product, no critical mass of users accumulated.

Apple had $250K Seed funding in the beginning. 
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The buying power of $250,000 in 1976 is comparable to the buying power of $1,000,000,000 in 2017.