EOS Released Too Soon?
The one concept that I have seen play out over and over in the world is, timing is everything. Some things are too far ahead of their time like the Segway, and some things are just released too soon such as the video game Destiny. I'm not going to lie I was really excited about the release of EOS. There was so much hype, and so much excitement I bought some at about $3.75. I immediately felt stupid a few days later. But this is my fault, this shows that you really have to do your research. Now don't get me wrong, the technology seems like its going to be amazing, and the leadership is great, but that 346 day ICO? Are you kidding me? Each period of 23 hours will have an allocated 2 000 000 token distribution. In other words there will constantly be more and more EOS flooding the market every day. Ouch! It might be worth quite a bit of money in the future but as for now I have one thing to say. Too early. EOS was released too early, and the ICO is too long.
I never invest until I see a working product or prototype
Yes, a decade too soon.