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RE: Shedding some light on the EOS Token Purchase Agreement

in #eos7 years ago

I don't like how they distribute EOS Tokens.
Distribution Schedule:

200,000,000 two hundred million
(distributed during a 5 day period

700,000,000 seven hundred million
(split evenly into 350 consecutive 23 hour periods of 2,000,000 EOS tokens)

100,000,000 one hundred million
(will be reserved for block.one)

I don't see the point, how this kind of an auction will create value for investors. I also don't like the purchase agreement (but this is another story). This is the reason why I will not invest into EOS. I wish you all good luck who have a different opinion and that invest in it.