Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)

Sorry if this has already been covered in this thread, it's a long thread and search isn't helping...

What's the value in the current token? Both the site and whitepaper disclaimer that it's worthless.

From the whitepaper:

Quote

PLEASE NOTE: CRYPTOGRAPHIC TOKENS REFERRED TO IN THIS WHITE PAPER REFER TO CRYPTOGRAPHIC TOKENS ON A LAUNCHED BLOCKCHAIN THAT ADOPTS THE EOS.IO SOFTWARE. THEY DO NOT REFER TO THE ERC-20 COMPATIBLE TOKENS BEING DISTRIBUTED ON THE ETHEREUM BLOCKCHAIN IN CONNECTION WITH THE EOS TOKEN DISTRIBUTION.

So from what reasonable speculation is the value of the token derived?

These tokens will be exchanged for tokens of the EOS blockchain (when it will be launched in July 2018). And after that these "new tokens" will be used by the new platform.

Thank you, is there an official source you can cite providing information on how this exchange will work? And the asset to be exchanged for?

You can find info at https://eos.io/faq.html - art. 19 & 21. This is a good place to start. After that try reading articles on EOS on https://steemit.com/. Here is a good article on registering your public key: https://steemit.com/eos/@sandwich/how-to-update-the-eos-public-key-mapped-registered-to-your-ethereum-wallet-with-myetherwallet-mew