You are viewing a single comment's thread from:

RE: The GOATs

in #sports7 years ago (edited)

EOS is weird, man. Was reading about it a while ago and it swirled my head real good. First you don't actually own any EOS right now, but after the ICO--which lasts about 340 days, scheduled to end this June. Then you get your EOS; then there's the a*(b/c) distribution of your conversion of the ether to EOS, where a and b and c are the amount of ether you buy with, the amount of EOS to be distributed, and the amount of EOS others have in total, not necessarily in that order.

Then ya buy it and its fixed and only transferable when ya get about 15% holder's approval and whatnot. Leave it up to @dan to fuck up ya head.

Ya, its crazy, but even crazier when I read their terms of agreement where they talked about EOS having no use or whatever. I guess that was just a disclaimer.

Sort:  

😲😲

that does seem very mind-bending lol

And ya, I forgot about that, I don't technically own any EOS yet.. still crowdsale

Weird about the terms of use. I'm generally skeptical of all coins unless it's clear to me what the point is.. like with Steem, whether or not it works out, it's kind of clear what it's attempting to do-- blockchain that stores content and makes censorship impossible. Seems useful, and seems like something bitcoin can't really do.

I may nibble some more on EOS, but skeptical, at least until I can wrap my head around it more.

Ya, man. But, of course, if there's a dude whose blockchain project you can invent in blindly, its @dan. Hence the GOATness.

Maybe. Maybe. I believe in Dan's intentions. Less sure what to think about the specific projects, and how they'll be valued.

Like I'm sure Dan is building it well and that's what makes him the GOAT! not sure how many blockchains we'll really end up using or valuing highly