EOS ICO Explained - Full Details of Token Issuance
Hello Steemit! Thanks for following. In this video, I explain all the details about EOS, and I also explain how the EOS ICO will work. I am very positive on the EOS ICO, but please be aware, it will take place over 341 days, and all funds put into the ICO will be unavailable to trade on exchanges during that time. That means what you invest will have to sit in EOS for almost a year.
I have made a lot of posts about EOS, so please review my blog if you are curious on my thoughts, but I do plan on participating in this ICO.
My video below:
STEEMWARS is begining JULY 1st, 2017
See my post here explaining steemwars : https://steemit.com/steemwars/@crypto-investor/steemwars-battle-lines-are-drawn
Great Explanation really help me out
Great in depth, nuts and bolts information as always. Appreciate your honesty about needing to be well versed before investing in the EOS ICO. I've watched all your videos on EOS Ted which have been incredibly informative, is there any videos that specifically deal with how to use private keys with funds you'd recommend?
One point you touch on that I feel is extremely important is the amount of transactions that Steem and Bitshares have. Dan is doing something very right. I look at the amount of transactions as showing a coins true long term value b/c it's solving a problem. People use things b/c they're comfortable with it and trust it, otherwise they wouldn't use it. The more something is used, the more valuable it becomes. He's already had 2 incredible successes and I have some serious fomo going on now with EOS. Looks like I have a lot of learning to do this weekend on how to use private keys with funds.
This is the best video I have on it. Just be sure to save the private key, back up the private key somewhere you wont lose it... and if you used myether wallet to send to the ICO and you have your private key, then when the ICO trades live in 1 year, you will be able to either send off the EOS tokens from myetherwallet... if not, you will able to talk to someone to tell you how to recoup your EOS with the private key. Never share a private key, and always keep a secure backup of it.
I do some of my backups on a USB stick, that works. Works better if it is an offsite USB stick.
Really appreciate this! You go above and beyond. There was a ton of great information in there and a lot more to it than I thought. Have a great weekend!
There was a detail I missed @orionschariot ... made a video about it today. EOS has additional steps in the fine print. Need to claim your tokens and register you public key with their contract. Complex stuff for all but the super-techy, but it's in the video on my blog on steemit, just watch that if you were going to put any money into it.
Thank you for pointing this out. There really is quite a lot to learn. I'll need to go over the steps multiple times to gain a comfort level before the offering. Thanks again!
I watch your vids on youtube, new to steem, great job keep it up!
Finally someone I understand.
hey! Thank you, It's always good to see interesting contains, good work and thank you to share your knowledge!
Thanks for sharing. I'm considering buying in.
Very informative and well put together post. The video was quite good as well. I have been waiting for this particular ICO with great enthusiasm. I really feel like this platform has so much potential with its sideblock technology. It is quite genius. I feel that this will become a complete game changer in a lot of respects. I hope you have a great day and thanks again for the great info. Upvote for you.
Peace,
The Last Sage
Thank you so so much, this added some huge huge value. Thank you
I can't play the video now, but can you please tell me when ico is starting?
Monday - 341 days it lasts, though
Although 10% to the founders seems quite steep the 10 year period seems fair. The technology looks promising seeing it works so well here in Steemit. As far as I can tell that is, still quite new here.
Oh thanks for the answer! I'll take part in it for sure!
Thanks for the post mate.upvoted!