seems like another self enrichment scheme from the people that enriched themselves nicely with bitshares and steem
Topic: EOS ICO – Maybe I was Wrong - page 2. (Read 1781 times)
Well, too much money pouring in this project and this dollar rain is not stopping for a year. Even with the greatest ideas, i think that too much money can only damage a project. We'll see if i'm wrong when and IF they deliver...but i'm not investing.
I agree with your point of view, I will not invest it, eos in such a short period of time, to raise so much money is very amazing, many of the market funds flock to it, the other altcoin down may be related to it.
I have reached out to the EOS team, good luck to me trying to get a response :-)
Just because you raised that much money doesnt mean the idea isnt stupid. Plus its run by Dan Larimar who has a fantastic history of creating projects and handing them over to the community after he cashes out. Bitshares, Steemit, now EOS. Lets see if hes still running it in 2 years. I would guess not.
Raising money is a good thing, allows you to build a strong product and company. But without any caps it seems like it's just a money grab. At some point, the founders have so much money that the ability to make more money is not sufficient motivation.
Well, too much money pouring in this project and this dollar rain is not stopping for a year. Even with the greatest ideas, i think that too much money can only damage a project. We'll see if i'm wrong when and IF they deliver...but i'm not investing.
I guess only time will tell who gains the most from the EOS ICO.
EOS developers. Simple as that.
Well they stand to potentially gain whether they make a good product or not but if they make a good product they will gain much more than they raised. Its in their interest to develop the ETH killer they have promised.
I guess only time will tell who gains the most from the EOS ICO.
EOS developers. Simple as that.
I am trying to figure out what my thoughts about the EOS ICO are. Initially, I truly did not understand why people would invest in the project when there were so many disclaimers to the ICO and no product yet in existence.
I wrote two controversial posts on the subject which I will include below. After my initial posts I did more research and watched some of the interviews and presentations of the management team of EOS and it was clear to me that they have a lot more knowledge about the blockchain than I do and have a good track record.
The EOS ICO raised $185 million dollars in the first 5 days and is on track for numbers nobody could imagine. I would have to say that the marketplace is saying that I am an idiot :-).
I guess only time will tell who gains the most from the EOS ICO.
https://urbancrypto.com/eos-ico-maybe-i-am-just-an-idiot/
https://urbancrypto.com/eos-ico-im-not-idiot-sure-morons/
What are your thoughts?
I wrote two controversial posts on the subject which I will include below. After my initial posts I did more research and watched some of the interviews and presentations of the management team of EOS and it was clear to me that they have a lot more knowledge about the blockchain than I do and have a good track record.
The EOS ICO raised $185 million dollars in the first 5 days and is on track for numbers nobody could imagine. I would have to say that the marketplace is saying that I am an idiot :-).
I guess only time will tell who gains the most from the EOS ICO.
https://urbancrypto.com/eos-ico-maybe-i-am-just-an-idiot/
https://urbancrypto.com/eos-ico-im-not-idiot-sure-morons/
What are your thoughts?
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