All of those projects you mention could be toast and should consider doing the same as I'm suggesting for Steem if they believe that EOS has cracked the scalability limitations of single threaded performance. If EOS can act like an OS for a blockchain economy, it would be crazy for any project that could be replicated within EOS and benefit from advantages not to invest and plan to build or migrate within it.
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You do know that EOS hasn't launched yet and claims are claims? A a year ago Dan said that everything would be run on Steem...
Exactly. All these claims about what EOS is and can do....actually, it can't do any of those things today. Also, I'm starting a time machine ICO...great time to invest in that space.
If you promise everything, people will keep believing just so long as you never actually launch a product. When you actually launch an over promised dream blockchain that was over funded, everyone will be disappointed by the onset of reality.
That's my biggest thing...it's easy to talk big, show us the chain!!!
Fair enough. I believe I've seen enough to be concerned. It took a couple of months to build and launch steem and Steemit, a year to get to this. Advantages are hard enough to come by.
That's my point wrt EOS. Claims are great, reality is hard. Bold claims require vetting and proof, not credulity.
This is why Steem is one of the most impressive blockchain projects because it is being used today by people and it works. It's not theoretical, it's not a pre-release project that is having an ICO designed to raise an insane amount of money (and be gamed by the ICO issuer itself (they can reinvest ICO proceeds into the ICO and manipulate the price up and down...sigh, never play a game designed by someone who is better at games than you are)), it's something which women and men are using today to connect on and write on and Steem on.
I love Steem and Steemit and what is growing as a result. I couldn't be in more agreement concerning evidence and effectiveness. I accept completely that until EOS is proven, we should keep working and making the Steem magic happen. But, given the resource available today and the possibility (backed by Steem and bitshares) that EOS is a big step forward...it might be worth so planning and preparation. Steem and Steemians are unimaginably precious after all.
A year ago Dan didn't have a $100 million in VC funding, before he even issued the ICO. Today he does. And the ICO is just gravy on top.
Do you have a link to the $100mm in VC funding that Dan has for EOS?
No that information is well-sourced rumor. But, more accurately, it's block.one that raised the money. Dan is the CTO, not the CEO, and has no discretion over how that capital will be spent. We all know that Dan can deliver working software. The real question people should be asking is who is Brendan Blumer and how is he likely to use this money? What we've seen so far at the EOS launch was that Blumer knows how to create a buzz.
"Well-sourced rumor?" Are you serious? A "well-sourced rumor" in advance of a crowdsale designed to raise as much money as possible (it's uncapped) is not worth the paper it isn't printed on. Sheesh. The credulity of people will never cease to amaze me.
You think that Block.one had the largest VC round of ANY blockchain project in history? That's what $100mm would be...
:)
plus the YEAR LONG crowdsale? wtf?
STEEM was never designed to be a smart contract blockchain
Dan literally said a year ago that Steem could run smart contracts and do everything that Ethereum does.