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RE: Shedding some light on the EOS Token Purchase Agreement

in #eos7 years ago

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.

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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.