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Topic: EOS ICO valuation 243.000.000 - page 2. (Read 1692 times)

sr. member
Activity: 322
Merit: 250
June 27, 2017, 10:53:16 AM
#2
The distribution of this token is very complicated. If for example they raise 1,000,000 eth for 200,000,000 eos tokens during the first period, does this mean that 1 eos=0.005 eth (1,000,000 eth : 200,000,000 tokens) ?
newbie
Activity: 70
Merit: 0
June 27, 2017, 10:44:59 AM
#1
EOS is valued 243m already...

This ico period has 200m tokens, already 222k ETH invested.
At 219$ each, invested amount is worth 49M $, leading to 243m $ for the total billion tokens to be created coming year.

Unless people will value a non existent non proven code in top10, this is massively overpriced!!!

My suggestion: buy on any day later in the process. This is too expensive to buy!

Most likely more people will invest in this period even pushing the valuation higher. Making any returnnimpossible.

The think ioata? Key difference is iota whales are still holding before dimping. Eos will have people dumping as its not capped.

Watch out!

This is not a tech review, pure a financial review
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