EOS token sale.. Be careful
Hello
As my previous post covered the topic of 'crazy claiming' options by EOS ico. In this post i shall cover one of the main drama by EOS:
TOKEN PRICE IS NEVER AS SHOWN ON THEIR SALE PAGE.
Yes, i am one of the victims of this thing.
I bought EOS tokens on an exchange for about 10 usd/token. When i searched more about EOS i got to know it is a 365 days sale of token ico. Like any other personn i realized
''WOW I CAN BUY EOS TOKENS AND SELL ON EXCHANGE TO MAKE SOME MONEY''
I was terribly wrong.. I saw the EOS token price page here (https://eosscan.io/) which was about 1 USD and i was surprised.
I sent about 40 usd (0.05 ETH) to check the token buy process.
After spending tons of money (about 20 USD) on 'claim option' as mentioned in this page:(https://steemit.com/eos/@haseez/eos-token-sale-crazy-claim-options-find-your-participation-day)
I was finally able to claim my tokens and GUESS WHAT
THERE WERE ONLY 3.5 TOKENS FOR 50 USD (0.05 ETH).
Means that is about 18$ per token of EOS and as per the 365 days sale option of EOS the price on exchange is never gonna be higher. YES I BOUGHT 9 for 100 USD on an exchange previously which is more than the ICO.
I then checked details on different pages and they mentioned it depends on the total contribution amount of ETH in EOS at that day.
--So, probably more people contributed a lot of ETH and EOS token price went high.
--First of all i dont know who these crazy people are who are still investing into EOS even after its price go higher than on exchange.
--Second, who knows if the contribution shown on EOS page is real or made up? nobody is constantly checking their TX hashes and calculating their per day ETH contributions.
--Means they will just say they got 700 ETH and post a price of 0.25$ to draw investment just in this below picture.
--Then by the end of the day it becomes 3.5$, still attractive and nobody checked what happened
-- AND WHEN YOU CLAIM THE TOKENS YOU ACTUALLY GET 3.5 tokens ... INSANE 18$ per token for ICO.
Awesome EOS Scam, dont buy into it.
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Also, please upvote this post, it will give us both free steem
Take care and be aware before you buy
EOS is not a SCAM. Anyone who writes something has no idea how it works or what it means. EOS is the future. EOS becomes revolutionary. Right now it's time to invest.
Do you know when EOS is due to go live? I understand its not operational yet. I am just learning about it. I hear it has a target of $15 by Q1 2018, and $50 by Q3 2018.
I nowhere said that it is scam. But, did you see the solutions of the basic problems. And what does it mean to put it on exchange while the ICO is gone. I am also a small investor of EOS. But, all i am saying is their information for people is not crystal clear. We never know why the price increases suddenly and is there solid ETH behind it or not. Overall, i never said theres something wrong with EOS technology or platform.