The EOS Evolution Project
EOS evolution is in the process of airdropping their tokens to all EOS token holders, a snapshot of the Ethereum network was taken on May 10th so will be arriving in Eth wallets soon.
But what is EOS evolution and why will they be running a separate chain from the mainnet with no intention of ever joining. Their major beef is with the governance structure and block producer ownership model which they believe will lead to a highly manipulated compensation model. They are also concerned that block one is directly involved with 21 of the block producer candidates ( they call them block producers but as the network is not live that is inaccurate).
They feel their structure will re-balance the scales between token holders / dApp owners and block producers.
Here is a snipnet form their paper
DApp developers can not participate in voting if they are actively staking (CPU, Bandwidth, RAM, EOS Storage)
That is just not true as the chintai dApp will allow me to rent my tokens to dApp developers whilst still being the owner and allowing me to vote. So if this is the case for a token holder, surely this is the case for a dApp dev.
Another incorrect snippet from their paper
In the original EOS software an additional lock up of 6 months is required for voting, this will severely limit the ability for common EOS holders to participate since locking up capital for no financial gain is not an option for an everyday user.
This is once again inaccurate. Tokens will be locked up for voting but only for 3 days and not 6 months.
And another cracker for you
The current EOS ICO model run by BlockOne requires an investment to receive EOS tokens and in no way guarantees a successful MainNet launch, as outlined in #21 from the EOS FAQ. The sale of EOS tokens is solely set aside to develop the EOS open source software. There is no separate foundation aligned with BlockOne that will ensure the final initiation of a genesis block nor the final transfer of the current EOS ERC-20 tokens to a long term solution.
We propose a different distribution model designed to allow anyone to participate equally, independent of capital investment. We will achieve this through airdropping Evolution Tokens directly to the EOS crowdsale participants and Evolution community members.
So the evolution team is complaining that block one has asked people to invest their capital by purchasing EOS tokens with no guarantee that a mainnet will be launched. They then state that they will not be asking this from people, instead, they will be airdropping tokens to all EOS token holders. I am confused, the only way I can get EVO tokens right now would be to have owned EOS before the snapshot date. Therefore are they not asking us to buy by proxy?
Well, that really seems like a dirty stinky pile of shit too me. I will take your free tokens because.......... well they are free but surely they need to dig a little deeper into what is going on