What is the value of EOS ERC20 tokens?
As i understand so far ERC20 EOS tokens are
" distribution list that the public can use to launch and distribute an EOS.IO-based blockchain and community"
So what guarantee that if someone launched EOS blockchain will use this list while as terms of sale he is not obliged to do , he may use any other list , add to it or exclude any erc20 token holder from the acutual eos.io blockchain
And what guarantee that there will not be too many tokens on that blockchain that it will lose value or that would be too many blockchains with the same list and software that the price will go down dramaticlly
I think @eosio and @dan have a geinus answer for this and i hope to realise it
Also i wonder why its stated in the token sale terms that the erc20 tokens dont have any rights on the actual eos blockchain , while it should have otherwise anyone can launche a blockchain using eos software ignoring the "distrubtion list"
awesome
I would assume the public blockchain that adopts the EOS token distribution list and has the support of major industry participants would be the highest value and most useful EOS blockchain.
Thats what we all hope , yet there is no guarantee that it will happen
There would be many blockchains using the same software and list to a degree that thier combined value will be less than the token sale price
Also maybe someone will make a blockchain with another distribution list that will have more profit for himself letting out the original holders with useless tokens
There should be obligation for any one who use the eosio software to use the erc 20 token as distribution list
The token sale terms are so confusing
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