Post
Topic
Board Altcoin Discussion
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
by
ChromaticStar
on 06/09/2017, 00:05:00 UTC
While I recognize the legal declaration that EOS tokens have no value, has there been any public statements that they will?

To my knowledge they haven't made any public statements that they will - it seems as though it would contradict the intentional steps they've taken as precautionary measures.

Two possible approaches:
  • Gamble on the promise with the hopes of being rewarded with a gain that is commensurate with the additional risk taken
or
  • Wait until after the official EOS blockchain is released next summer and acquire actual EOS tokens/coins. You'll miss you on some gains but surely not the bulk of long-term value

Given that block.one/Dan seem to be motivated more by creating a game-changing platform than by making investors wealthy, I don't think there is a high likelihood of them providing any statement to allay the fears of prospective investors.


I'm thinking I might have to take a chance on this after more supply comes to market and pushes down the price further. The dynamics of this ICO make it like the minable currencies with inflation. I suppose once over 1/2 the coins have been issued but before blockchain launch, it might be an optimal time to buy at reduced price. If they truly do force EOS token buyers to become bagholders, they would destroy their public reputations forever and no one will use their platform. They have to be worth something. Considering they're issuing 90% of token publicly, I would hope that means we get 90% of the EOS coins once the blockchain goes live.