Crowdsourcing Clarity, Episode 09: Looking for a simple and thorough explanation of EOS (10 SBD reward for most helpful answer)
Well, the Steem Backed Dollars rewards have been sent out for the last installment of Crowdsourcing Clarity, and now your favorite residence "work smarter, not harder" advocate is back, requesting some new info.
Basically I want the whole run-down on EOS:
- What is it?
- Why should (or shouldn't) I invest in it?
- How do I store it?
- What else should I know about it?
What I do know:
- It is now trading on Kraken.
- (I think) it is related to the IOT.
- Dan Larimer is involved.
Get at me, Steem-Os. I am eagerly awaiting your wisdom.
~KafkA
Graham Smith is a Voluntaryist activist, creator, and peaceful parent residing in Niigata City, Japan. Graham runs the "Voluntary Japan" online initiative with a presence here on Steem, as well as Facebook and Twitter. (Hit me up so I can stop talking about myself in the third person!)
Great post ! Today i just lost my job...i worked really hard as a waiter for like 10 years in a restaurant...worked night after night shifts but still they decide they don't need my services anymore and that they don't have money to pay me so they just kick me out . It was really hard for me to find this job because i don't have much education....i did't go to college...
The real problem is that i have a debt of 759 $ to my apartment rent and if i don't pay till the end of the month they gonna kick me out from my own home. I don't have friends and my family won't lend me any money...
My only hope now to raise this money is steemit...i like it alot here and the community is very nice...
Please if anybody would like to help me , a upvote would be awesome and would help me tremendously to raise the money i need .
Thank you very much for your help and i hope you have a great day .
You should post about this on your own blog.
I'm also interested to see the answers !
I am looking forward to some clarity on this as well!
This man provided good infos
How to Invest in the EOS ICO
If you want to invest in the EOS ICO, you need to send Ether to a special Ethereum address. Open https://www.myetherwallet.com/#send-transaction and select the "Private Key" option.
Enter your private key for your ethereum adress and click "Unlock" to open your wallet.
According to https://eos.io/instructions the Ethereum address for ICO participation is 0xd0a6e6c54dbc68db5db3a091b171a77407ff7ccf. Enter this address and the amount of ether you want to invest and click "Generate Transaction".
Below the "Generate Transaction" button the raw data of the transaction is now visible. Click on "Send Transaction".
Finally you need to confirm the transaction. Click on "Yes, I am sure! Make transaction.
A green overlay at the bottom of the screen is displayed.
You can check your transaction via https://etherscan.io/ @kafkanarchy84
Crowdsourcing harnesses that power for a variety of projects: from getting the best graphics for your website to involving tens to hundreds of people in doing simple data-crunching tasks that computers are still not qualified for. Researchers have used it to track hurricanes or to take the pulse of their target market. Some businesses have found that using crowdsourcing has let them get projects done quicker and more cheaply than if they had them done in-house or hired out the work to a specific company. The Oxford Workforce's 2020 Report projects that 83 percent of companies will use a flexible workforce over the next three years.
With the creation of the internet, online crowdsourcing has made it increasingly convenient for businesses to take advantage of this new way of hiring labor. Companies can access skilled and unskilled labor across the world without concern for time zones, labor laws or dealing with different currencies. Crowdsourcing companies handle the details of contracting the freelancer and handling the payments.
Yeah, it is good platform indeed with lot of potential and I think it is directly compete with golem and stratis in the long run. But as far as crowdsale is concerned, I feel a little strange. Why do people invest so heavily in something which doesn't even exist or just in work-in-progress. People don't know the future aspects of any crypto, still they invest heavily on another person recommendation or by watching youtube videos.
EOS or any other crypto doesn't need this type of funding. With a minimal funding they would work with the same progress. But this huge funding will create problem when it'll hit the exchanges and on 'Kraken' it already did. People remains heavily bullish on EOS, price rose to the sky and after sometime it fell down to the low. For me this is no-brainer.
If someone have to buy in ICO, then he should hold their shares for sometime. Not just long enough to sell when it would hit the exchanges.
Graphene exists and is beyond being a work-in-progress.
newbie here too :)
Good
nice