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RE: Shedding some light on the EOS Token Purchase Agreement

in #eos7 years ago

Looking forward to EOS. Compared to many other ICOs I would think it's the best but really don't know. Time will tell..

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People should be more careful investing in hyped-up ICOs. Do your own research of the team and the technology. Don't just "chase the hype." Plus, super-high value ICOs are likely to dramatically fall in value when their coins are available at exchanges because they are overvalued to begin with due to all the hype.

Right now, I have no way to invest anyway unless I use some VPN connections.
I value your feedback.

Thank you,
@Yehey

I hope that you are right because I am having trouble participating.

Most of these ICOs are pennystocks/pink market investments. What it comes down to is how innovative and what kind of practical value does it have for now, and for the future.

I agree #jarexx - we see it time and time again - once a new token hits the public exchanges price goes down significantly before it stabilizes.

How can you tell if it is the best now if we are going to wait for "time" to tell us. I'm confused with your statement.
Anyway, great post.

Follow me at @Yehey
Thank you.

seriously It could be a great but the price of $5 per token is too high for 1 billion tokens available is too high, this is going to take the EOS number 4 immediately. 5*1= 5, which is $5billion in market cap and for me this is unhealthy position for a new digital currency. there is a big possibility that the price of the coin will drop. the technology behind EOS is great but the market will tell about how much profits you could make if you take the initiative to put your money in it.

5$ a token? Where did you read that as the website states tokens will be distributed in line with the amount of ETH contributed so no one knows the token cost.

@sufyogi - it is bit risky to get in at the first day because of the issuing every day @ 2m coins - We never know how many coins will be issues and what price will be.

i think polybius ICO is quite best and safest when compared to EOS