Some friends have been talking about, but seems like no one can explain what the project is.
From my understanding EOS is a direct contender for Ethereum. Both allow creation of tokens. What makes EOS ahead of Ether is it can solve a lot fo scaling issues of Ethereum. Which means no more miners or TX fees. And also creation of Dapps is easier on EOS though I can't justify it as I am not a coding buff. But Ethereum has a first mover advantage here with higher maturity and not be forget the 2nd place on CMC plus a working product.
EOS is currently dangling on a testnet which means there are no real world examples of its use cases. But if they live upto their roadmap/ whitepaper and move to the maintnet in 2018 then people MIGHT start migrating towards EOS which should also boost its price and be a great investment. But saying and doing are two different things.