[ANN] | EDO |EIDOO Wallet - Hybrid Exchange - Marketplace| OVER 80k ETH RAISED | - page 23.

jhenfelipe

hero member

Activity: 1372

Merit: 647

Quote from: traveler007 on August 25, 2018, 04:27:37 PM

They will one-time token burn? Or they going to burn tokens every month or quarter etc? 1% is too small and this cant affect to price increase I think

EIDOO already burned 500k EDO before and in August 31st they will be burning another 920k, I don't think that's too small. It was mentioned that they will be burning 50% of any token earned from their service fees monthly, starting September.

Sources (for official and accurate info):
https://blog.eidoo.io/eidoo-destroy-edo-tokens/
https://t.me/eidoocryptoworld/55069
https://t.me/eidoocryptoworld/56019

traveler007

member

Activity: 840

Merit: 10

ZooomEx- a new cryptocurrency exchange!

They will one-time token burn? Or they going to burn tokens every month or quarter etc? 1% is too small and this cant affect to price increase I think

Nadia_l

sr. member

Activity: 826

Merit: 251

Quote from: kronos123 on August 20, 2018, 11:00:11 AM

Quote from: Nadia_l on August 19, 2018, 05:27:48 PM

Quote from: flex2264 on August 19, 2018, 04:14:37 PM

up over 50% today.

Any idea why??

Maybe because Eidoo will proceed with the token burn by the end of August, burning about 1% of the existing tokens!

It's correct; has already been confirmed by the administrators in the telegram channel, soon they will make the communication and the official announcement on the blog, social or other communication channels.

I report the communication on telegram

"Eidoo will proceed with the token burn by the end of August, burning about 1% of the existing tokens! Also, in September the Eidoo website will be updated with a completely new graphic and a new section will be added. In this section Eidoo will communicate the tokens that will be burnt on a monthly basis.
Furthermore, Eidoo is working on to launch one of the most important updates of the app: new graphics and fiat currency wallet balance, and much more.
As last but not least in September Eidoo Exchange will open the listing for other ERC20 tokens and will be moved onto the main beta app. The review of said other ERC20 tokens is already ongoing and I can only anticipate that we already have plenty requests."

I believe that the situation will change starting from September/October this year too!
As was mentioned in the telegram channel starting from this time Eidoo will inform us from sale to sale the amount of EDO gathered, and therefore it will be easy to understand how many tokens have been burned.

holydarkness

legendary

Activity: 2730

Merit: 1560

Yes, I'm an asshole

Quote from: EustaceBagge on August 23, 2018, 06:12:18 AM

Quote from: culuuton on August 23, 2018, 05:51:01 AM

Quote from: EustaceBagge on August 21, 2018, 02:46:25 AM

There are also some pictures on the Telegram group which show the new app design, with some long needed features, such as fingerprint login, instead of having to type the password. Thank God for that finally.

I also see this image, it is very necessary so I am not surprised when it appears. I am waiting for August 31st to see the burning result that hopefully will have a positive impact on EDO price.

I am sorry, but it is not likely that the actual burn will have a positive effect. Usually the price pumps prior to the news, and then when it happens there is not much effect. Sad

I actually prefer the burning happen after this market depression, when they decide about ETF as with current trend, even a slight pump will be insignificant

EustaceBagge

member

Activity: 392

Merit: 54

Quote from: culuuton on August 23, 2018, 05:51:01 AM

Quote from: EustaceBagge on August 21, 2018, 02:46:25 AM

There are also some pictures on the Telegram group which show the new app design, with some long needed features, such as fingerprint login, instead of having to type the password. Thank God for that finally.

I also see this image, it is very necessary so I am not surprised when it appears. I am waiting for August 31st to see the burning result that hopefully will have a positive impact on EDO price.

I am sorry, but it is not likely that the actual burn will have a positive effect. Usually the price pumps prior to the news, and then when it happens there is not much effect. Sad

culuuton

hero member

Activity: 1593

Merit: 502

Quote from: EustaceBagge on August 21, 2018, 02:46:25 AM

There are also some pictures on the Telegram group which show the new app design, with some long needed features, such as fingerprint login, instead of having to type the password. Thank God for that finally.

I also see this image, it is very necessary so I am not surprised when it appears. I am waiting for August 31st to see the burning result that hopefully will have a positive impact on EDO price.

EustaceBagge

member

Activity: 392

Merit: 54

There are also some pictures on the Telegram group which show the new app design, with some long needed features, such as fingerprint login, instead of having to type the password. Thank God for that finally.

Ginzink

full member

Activity: 462

Merit: 118

Quote from: magisterr on August 21, 2018, 12:17:26 AM

Quote from: lite on August 20, 2018, 02:52:57 PM

Quote from: dishku on August 20, 2018, 01:49:37 PM

https://blog.eidoo.io/eidoo-destroy-edo-tokens/

This is big news which is helping the project to get recover now it is into very good streak and price is going up. This is undervalued project I hope with this kind of news it will get more better position and we will see price will be on good level.

They're doing similar thing like Binance did with BNB, burning tokens! BNB price has risen so much over time, EDO price will increase a lot if it gets used widely.

Binance top 1 exchange right now. They was launched in last year, when we almost dont have good exchanges. Thats why BNB tokens so expensive.

Binance can't really be compared with a brand new exchange. It is like all the small projects comparing themself with bitcoin :p

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: lite on August 20, 2018, 02:52:57 PM

Quote from: dishku on August 20, 2018, 01:49:37 PM

https://blog.eidoo.io/eidoo-destroy-edo-tokens/

This is big news which is helping the project to get recover now it is into very good streak and price is going up. This is undervalued project I hope with this kind of news it will get more better position and we will see price will be on good level.

They're doing similar thing like Binance did with BNB, burning tokens! BNB price has risen so much over time, EDO price will increase a lot if it gets used widely.

Binance top 1 exchange right now. They was launched in last year, when we almost dont have good exchanges. Thats why BNB tokens so expensive.

kronos123

sr. member

Activity: 1022

Merit: 391

Quote from: lite on August 20, 2018, 02:52:57 PM

Quote from: dishku on August 20, 2018, 01:49:37 PM

https://blog.eidoo.io/eidoo-destroy-edo-tokens/

This is big news which is helping the project to get recover now it is into very good streak and price is going up. This is undervalued project I hope with this kind of news it will get more better position and we will see price will be on good level.

They're doing similar thing like Binance did with BNB, burning tokens! BNB price has risen so much over time, EDO price will increase a lot if it gets used widely.

Exactly, but with the difference that the use of BNB has only the advantage of saving on fees within the exchange.

The uses of Eidoo are instead multiple:
fee reduction in exchange, shareholdings on Icoengine, debit card, marketplace; for each of these is burned a% of the Edo used for that service .... just think of the only burning now obtained with a few Ico (and with little collection, given the unfavorable market moment) to think of all the potential still unexpressed that may have over time (Exchange and debit card very soon).

mandibleclaw

member

Activity: 532

Merit: 50

ONe Social Network.

Quote from: BTCdude007 on August 20, 2018, 02:58:21 PM

Quote from: dishku on August 20, 2018, 01:49:37 PM

https://blog.eidoo.io/eidoo-destroy-edo-tokens/

This is big news which is helping the project to get recover now it is into very good streak and price is going up. This is undervalued project I hope with this kind of news it will get more better position and we will see price will be on good level.

A good news. ICO finish. I hope soon the tokes will appear on the cryptocurrency exchanges.

lol why bother posting when you don't bother reading or know what you're talking about? EIDOO's ICO ended a lot of time ago, if you want to buy EDO you can buy on ethfinex and binance (if we talk about major exchanges) or on EIDOO's app soon

BTCdude007

sr. member

Activity: 686

Merit: 250

Quote from: dishku on August 20, 2018, 01:49:37 PM

https://blog.eidoo.io/eidoo-destroy-edo-tokens/

This is big news which is helping the project to get recover now it is into very good streak and price is going up. This is undervalued project I hope with this kind of news it will get more better position and we will see price will be on good level.

A good news. ICO finish. I hope soon the tokes will appear on the cryptocurrency exchanges.

notderossi

newbie

Activity: 145

Merit: 0

The Eidoo ICO engine is something very amazing and unique. This shows the creativity and greatness of the Dev team. I think everyone should have some eidoo in his pockets, because there will come a lot of more stuff from these guys.

lite

legendary

Activity: 1400

Merit: 1009

Quote from: dishku on August 20, 2018, 01:49:37 PM

https://blog.eidoo.io/eidoo-destroy-edo-tokens/

This is big news which is helping the project to get recover now it is into very good streak and price is going up. This is undervalued project I hope with this kind of news it will get more better position and we will see price will be on good level.

They're doing similar thing like Binance did with BNB, burning tokens! BNB price has risen so much over time, EDO price will increase a lot if it gets used widely.

dishku

legendary

Activity: 1918

Merit: 1003

https://blog.eidoo.io/eidoo-destroy-edo-tokens/

This is big news which is helping the project to get recover now it is into very good streak and price is going up. This is undervalued project I hope with this kind of news it will get more better position and we will see price will be on good level.

mandibleclaw

member

Activity: 532

Merit: 50

ONe Social Network.

Quote from: kronos123 on August 20, 2018, 11:00:11 AM

Quote from: Nadia_l on August 19, 2018, 05:27:48 PM

Quote from: flex2264 on August 19, 2018, 04:14:37 PM

up over 50% today.

Any idea why??

Maybe because Eidoo will proceed with the token burn by the end of August, burning about 1% of the existing tokens!

It's correct; has already been confirmed by the administrators in the telegram channel, soon they will make the communication and the official announcement on the blog, social or other communication channels.

I report the communication on telegram

"Eidoo will proceed with the token burn by the end of August, burning about 1% of the existing tokens! Also, in September the Eidoo website will be updated with a completely new graphic and a new section will be added. In this section Eidoo will communicate the tokens that will be burnt on a monthly basis.
Furthermore, Eidoo is working on to launch one of the most important updates of the app: new graphics and fiat currency wallet balance, and much more.
As last but not least in September Eidoo Exchange will open the listing for other ERC20 tokens and will be moved onto the main beta app. The review of said other ERC20 tokens is already ongoing and I can only anticipate that we already have plenty requests."

Huge pump today, apart from this news it was also greatly oversold (well, like most coins). Nice things ahead, I'm looking forward to the exchange moved to the main app, finally it's beginning to take form. Any news about physical cards?

kronos123

sr. member

Activity: 1022

Merit: 391

Quote from: Nadia_l on August 19, 2018, 05:27:48 PM

Quote from: flex2264 on August 19, 2018, 04:14:37 PM

up over 50% today.

Any idea why??

Maybe because Eidoo will proceed with the token burn by the end of August, burning about 1% of the existing tokens!

It's correct; has already been confirmed by the administrators in the telegram channel, soon they will make the communication and the official announcement on the blog, social or other communication channels.

I report the communication on telegram

"Eidoo will proceed with the token burn by the end of August, burning about 1% of the existing tokens! Also, in September the Eidoo website will be updated with a completely new graphic and a new section will be added. In this section Eidoo will communicate the tokens that will be burnt on a monthly basis.
Furthermore, Eidoo is working on to launch one of the most important updates of the app: new graphics and fiat currency wallet balance, and much more.
As last but not least in September Eidoo Exchange will open the listing for other ERC20 tokens and will be moved onto the main beta app. The review of said other ERC20 tokens is already ongoing and I can only anticipate that we already have plenty requests."

culuuton

hero member

Activity: 1593

Merit: 502

Quote from: frcat on August 20, 2018, 06:47:14 AM

Quote from: Nadia_l on August 19, 2018, 05:27:48 PM

Quote from: flex2264 on August 19, 2018, 04:14:37 PM

up over 50% today.

Any idea why??

Maybe because Eidoo will proceed with the token burn by the end of August, burning about 1% of the existing tokens!

1% tokens burn not to much. Anf this could not affect to price. I tink this was just a simple pump. I sold my Edo tokens and now waiting for re-buy at much low price Roll Eyes

Total supply is only about 90M EDO and circulating supply is only about 29M EDO, 1% of the burned are pretty much despite the fact that the amount of burning should be more. The price of the coin is going well today.

frcat

full member

Activity: 1162

Merit: 101

Quote from: Nadia_l on August 19, 2018, 05:27:48 PM

Quote from: flex2264 on August 19, 2018, 04:14:37 PM

up over 50% today.

Any idea why??

Maybe because Eidoo will proceed with the token burn by the end of August, burning about 1% of the existing tokens!

1% tokens burn not to much. Anf this could not affect to price. I tink this was just a simple pump. I sold my Edo tokens and now waiting for re-buy at much low price Roll Eyes

EustaceBagge

member

Activity: 392

Merit: 54

Quote from: flex2264 on August 19, 2018, 04:14:37 PM

up over 50% today.

Any idea why??

I honestly have no idea. Usually when something pumps like this it is because of an impending listing on a Korean exchange. I really cannot believe it is because of the token burn, especially since it has not been well publicized.

Topic: [ANN] | EDO |EIDOO Wallet - Hybrid Exchange - Marketplace| OVER 80k ETH RAISED | - page 23. (Read 72941 times)