Will ESTCoin do their ICO on Tezos?

in #cryptocurrency7 years ago

I did a post 5 days ago where I talked about how the government of Estonia was thinking about creating it's own cryptocurrency. After doing some research I think they might do their ICO on the Tezos platform.
Tezos-EST.jpg
If you don't know what Tezos is I talked about them right before their ICO. You can also check their website to get more info about their network which should be launching in a couple of months.

How did I come up with this conclusion?

The first clue was from the Tezos Overview

They stated that if they reach their Mars Shot which was $20 million and above they would:

Negotiate with a small nation-state the recognition of Tezos as one of their official state currencies, which would immediately give Tezos favorable treatment in terms of financial regulation. Attempt negotiations to purchase or lease sovereign land.

At lot of people scoffed at this idea and said it showed the foundation had no clue what they were talking about. Present company included. Then I ran into the following on e-resident

Who is Tim Draper you might ask?

  1. He bought 30,000 BT from the Silk road auction.
  2. He has a pretty hefty stake in Gnosis and Bancor which had some of the largest ICO's in 2017.
  3. Most important is that he has publicly backed Tezos and is actively involved with Arthur and Kathleen who are behind Tezos.

The Tezos network hasn't launched yet but if ESTCoin decides to do their ICO on Tezos it will be HUGE. It will drive the price of Tezos up because people will have to buy XTZ in order to participate. As of now this is just a theory but something tells me this was probably planned. Only time will tell. Let me know what you think.


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will crypto be the new world currency?

I will either free us or enslave us. I can see them trying to tie each person's biometric data to a cryptocurrency address and implement a cashless society...

It so interesting I feel like I have been watching this unfold for a very long time..great article..pointing out how its unfolding under the " normal" persons radar...im actually surprised I'm involved in crypto-right now..seeing how I said I would always deny a verichip inserted in my body...yet I see everyday it coming one step closer....and crypto links in perfectly..doesnt it?..strange strange times...when I first saw a video on satoshi and heard him speak..I told my lover..I think this dude can been seen as the anti-christ...any how ..yeah...I love your trading card!!! so very cool...Keep up bless up brother alao!! ~*~

You heard a video of satoshi speak? He went to great lengths to keep his identity hidden. you got a link?

there are a few videos just youtube...it...they are there..

Yea that dude was not satoshi. He didn't sign the message.

nice conclusion after reading looks like this is going to be their move lets see :)

Sure it will be a very good thing for Tezos..
A bit more hazardeous however for Est coin.. Tezos is brand new and has everything to prove.

I believe many country will make their own cryptocurrency soon.

Good info. Followed you for more.

Tnx for your insight i wil take this with me.

a very good post, and can add insight.
nice..

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This would be fantastic for me, because I'm invested in Tezos. but this theory has unfortunately a weakness. Vitalik Buterin mentioned in the article on cnbc

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