Thanks @michealcj,Definitely I will be doing an exposition on this coin,more interesting is that it is being developed by our own Daniel Larimer, CTO of Steemit.Dan also developed bitshares,he is indeed a genius.EOS will give ethereum a stiff competition because it is 10 times faster,the loopholes and shortcomings on ethereum have been taking care of on the EOS platform which will also serve as a platform to develop other coins,ICO just started in June,price is currently below $2 around $1.7,a potential buying opportunity for investors