Topic: EOS Officially Has The Worse ICO Setup In History - page 2. (Read 21728 times)

This forum is beautiful.

It answers a lot for me and am glad that I never put 1 cent into Bitshares and Steem. For weeks I'd been wondering what gives with Bitshares? Now I know.

Does anyone know what the price of 1 eos will be?

Where do you get .25 ETH?  The amount will be variable depending on Eth spent during each particular phase.

https://steemit.com/eos/@dowha/eos-how-much-will-cost-me-1

You're a qiute man, stranger. Go away, we do not like when strangers rubbing us in, ok?

is this appropriate;

http://imgur.com/9tP1QRI

Hi. New here. Want to clear something up with this EOS ICO. Block.one is the technical "owner" of EOS. So Blockchain Capital - http://blockchain.capital/portfolio/ - is a Venture Capital fund and has their fingers in Block.one, thus EOS. About a month ago they came out with a token BCAP to raise funds!! Was this 10mill anything to do with getting into EOS??? And if one thought EOS is worth it, would it be possible to front run the EOS token sale as Block.one will automatically get 10% of the tokens!! Don't really know if this is worth it?? Any comments appreciated.

Does anyone know if there will be an indicative amount of token you have purchased through the ICO, or will we have to wait until the full 12 months is up?

Because get this.. supporting bad coins is bad.

EOS has the worst scenario, I remember if the project will have run the project crowdsale for a year. That looks silly and ridiculous for me. But I think if the EOS will become a big fail in this time. Too many the terms are pretty strange.
We know that the tezos will be interested in putting in rather than EOS itself. Many have taken off from that.
The EOS must change the terms.

if you guys think it is a scam, why not short it on the future exchange bitmex

https://www.bitmex.com/app/trade/EOSN17

http://agsexplorer.com/balances/1DprhZNARituvddKB4iHnb87nE7d3Hddom

I was scamed once... with those BTS guys ICOs 2nd one i say F U for all their projects.
I was young and i have belived they will deliver ...

They intend to keep 10% 100 miilion tokens for themselves. You know that this ICO will collect 15000BTC+. What do they need all those eos tokens for when they will already have been paid millions of dollars up front to create this. They estimate it will take 1 year to have a product. So why do they need this much money? plus the eos tokens.. ICOs.. only idiots join these.

1 EOS  Token will be distributed for every 0.25 ETH contributed. 82.4716 $ per token   200 million tokens on day 5 16,494,320,000 $$$

sixteen and a half billion US Dollars these motherfuckers want to raise by day 5 half the current market cap of eth itself?

For a shitty website, and a horrific buyers agreement, to cater open bars in new york??? This is something that can only come from America.

Seriously how stupid they think people are

Americans are excluded from the ico because these scammers would be in prison otherwise.

Somebody needs to stop this seriously. These selfish greedy bastards are endangering the whole ecosystem

good catch forgot about the link thanks

Here's the link to the Token Purchase Agreement PDF

https://eos.io/purchaseagreement/EOS%20Token%20Purchase%20Agreement%20-%20June%2022,%202017.pdf

also their token purchase agreement is give me all your money and expect nothing in return:

• EOS TOKENS HAVE NO RIGHTS, USES OR ATTRIBUTES. The EOS Tokens do
not have any rights, uses, purpose, attributes, functionalities or features, express or
implied, including, without limitation, any uses, purpose, attributes, functionalities or
features on the EOS Platform. Company does not guarantee and is not representing in
any way to Buyer that the EOS Tokens have any rights, uses, purpose, attributes,
functionalities or features.

NOT A PURCHASE OF EOS PLATFORM TOKENS. EOS Tokens purchased under
this Agreement are not tokens on the EOS Platform. Buyer acknowledges, understands
and agrees that Buyer should not expect and there is no guarantee or representation
made by Company that Buyer will receive any other product, service, rights, attributes,
functionalities, features or assets of any kind whatsoever, including, without limitation,
any cryptographic tokens or digital assets now or in the future whether through receipt,
exchange, conversion, redemption or otherwise.
• PURCHASE OF EOS TOKENS ARE NON-REFUNDABLE AND PURCHASES
CANNOT BE CANCELLED. BUYER MAY LOSE ALL AMOUNTS PAID.
• EOS TOKENS MAY HAVE NO VALUE.
• COMPANY RESERVES THE RIGHT TO REFUSE OR CANCEL EOS TOKEN
PURCHASE REQUESTS AT ANY TIME IN ITS SOLE DISCRETION.

1.4. EOS Tokens.
a. No Purpose. As mentioned above, the EOS Tokens do not have any rights, uses,
purpose, attributes, functionalities or features, express or implied. Although EOS
Tokens may be tradable, they are not an investment, currency, security, commodity,
a swap on a currency, security or commodity or any other kind of financial
instrument.
b. Company’s Use of Proceeds. Buyer acknowledges and understands that the
proceeds from the sale of the EOS Tokens will be utilized by Company in its sole
discretion.



Just some cherry picks. Unbelievable. These people should be in prison.

Looks like the scamimers are up to their antics yet again. Steem has to have the worst distribution of them all.. Now this. Ugh.

It's just a cash grab for the "developers". Bounties are poorly designed in most all cases as previously stated, if I remember correctly in the Iconomi ICO one published article about the ICO was paid around .7BTC in tokens, leading to the crash of a lifetime.

Here's the scammy part of bitshares3.0 that we baked in. This is my favorite part.

1. We are going to recycle funds. Lol. Monies paid to us, then get "paid" to our workers, me and my bro, we then "reinvest" back into eos, rinse and repeat 300+ times.

Solution: we should block those funds from being recycled by just locking them, but we're not hawhawhaw -suckers.

2. Most people will treat the daily ico auctions like ebay, invest at the last moment, we plan on manipulating the market at the last moment as well to make it seem like the auction is a great deal.

3. We also plan on manipulating the market at the beginning of the day to make you want to dump your position.

4. We claim that this ico method is to prevent whales. Lol. Thats not possible but please keep repeating it.

5. We already have an automated bot to help manipulate this motherfucker, you don't hehe.

Hi! Can you please help me!  I want to participate in the test sale but i can't find the explanation how to do that with parity? Thanks i advance!!!