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RE: EOS Announced Its Token Distribution Terms - It Will Be ECR20 / Ethereum
At first thought, I would say that I'm happy with the long distribution. Basically 361 individual fund-raising events. In my opinion, it sounds like a better strategy than say the BAT ICO, which ended so quickly very few could get in, and somebody spent ~$6000 in gas, I heard, just to guarantee a spot in the queue.
https://steemit.com/ethereum/@kyle.anderson/eos-the-ethereum-killer-with-an-erc-20-debut-what-is-up-with-this-strange-ico
Yeah. It will be interesting. I expect some sort of FOMO waves with the price.
You're almost certainly right about that. I guess ETH-cost averaging is probably the best strategy for those who are interested.
Yeah. It is going to be an interesting one. Due to the length of the sale, I might choose the wait and see strategy.
BTW I just saw on another post Dan mentioned that the tokens will also be tradeable during the fund-raising. So as soon as the first 5 days are up, the EOS will be distributed and trading, meanwhile the additional fundraising events will be ongoing. Definitely will be interesting to watch at least.
Thanks for that clarification. That at least makes for some interesting speculation. Also tells me that EOS is not quite ready for release.