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RE: Say No to FOMO. EOS ICO: A Call to Rationality
Luke, amazing post with two particulary important points
- Wait until the end of the 5 day period to contribute your first time. This gives you time to digest all of the information and read about the various potential pitfalls.
- If it's easier to send in batches a month or a week at a time, you can do it in advance by contributing across each window.
A point I would also make is that the secondary markets are going to ultimately price EOS.
Thanks Bill.
I think the secondary markets will ultimately price it, but I wonder if they will be able to keep up with the daily ICO option increasing supply. I might say, "Sure, I'll trade my ETH for EOS as I think EOS will be more valuable long term." But would I pay $200 for EOS right now knowing that every single day for the next 300+ days, people will have to buy up 200 x 2,000,000 ($400M) worth of EOS to support that price?
This is going to be really interesting. I want to figure how how to analyze that contract to determine what the daily contributions are at any given time.