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RE: ALERT: Impending cryptocarnage for EOS buyers. Why 61 million is too high
Yeah, I'm also confused as to how it's already being listed on an exchange when I thought it was supposed to be released over time?
The (ERC-20 EOS) tokens will be exchanged freely until June 2018 and then they will get "locked" and you'll have to redeem actual (EOS) tokens for your (ERC-20 EOS) tokens after that presumably
The ERC 20 are like placeholder tokens specifically so that they can be locked into the smart contract from the beginning with the rule that they get locked june 2018 when EOS blockchains will become available