🚀 EOS - Dawn Update & Presenting at London Blockchain Live 🚀
Today is EOS’ BIG DAY! It presents at the London Blockchain Live Conference.
You can already see an impact on EOSIO searches on Google! 📈
📰 Latest News 📰
Completely New Website
Just go check it out: https://eos.io/.
They changed a lot and added tons of information. They are organising meetups everywhere in the world, updating you on different news as ICO restriction in China and what you need to do if you are a Chinese citizen.
New exchange listing EOS and Steem!
Coinlink will be the country’s first bitcoin exchange run by a Kosdaq-listed company. The company will be listing EOS soon.
Testnet is already developped and running
Some developers have been running it and it does work, they have been able to produce blocks
💰 My Investment case: 💰
Main points:
- EOS will present on September 20th, in the London Blockchain Live. Since the ICO, one of the Red flag has been that “there is no product”. As soon as D.Larimer will show users and investors that there is a product easy to use and develop on, it should have a strong effect on investor’s sentiment. They released the Testnet Update a few days ago.
- The world is becoming more familiar with cryptos. The London Blockchain Live conference is attracting thousands of People and will be a great way to advertise EOS’ capabilities. EOS is backed by VCs and Pes funds.
- Block.one has a strong financial power that can lead to strong partnership with big “mainstream” players. Block.one's CEO Brendan Blumer knows how to present a tech product.
- EOS price has been under pressure since the beginning of the ICO because people are stating that there are a lot of red flags. I repost the most important sentence of the SGT interview of Joey, co-funder of Bitshares: “The people who say that there is no product yet, Dan has built 2 of them if they think he’s not gonna build the 3rd one, they’re crazy. This is the one he always wanted. The other 2 were just helping him get there.”
- EOS announced that they would also develop a new Storage Solution based on the Blockchain technology.
Other points:
- EOS intends to make programming even easier for developers as the actual Solidity language is not the perfect fit
- Ethereum is too slow to build apps as Steem or BitShares, EOS is designed to be able to host hundreds of these apps. Vitalik Buterin just announced that it would be able to process as much transaction as Visa in 2 years. I just think EOS will reach this milestone faster.
- On EOS you would be paid for owning tokens (share of the network) that the dapps/companies will use
- EOS is not subject to mining that is computer intensive and ends up being less decentralized (7 Bitcoin mining pools mine 70,4% of Bitcoin Blocks). No to mention this is ecologically WRONG.
- D.Larimer announced that his next product will be built on the EOS blockchain. Bitshares already stated that they would move the platform to EOS and Steemit should follow.
- At $0,65 per token, what do you have to lose? 🍾
The 2 videos about EOS You Can't Afford to Miss!
Related Article:
Why I believe in EOS
Sources:
New EOS Storage Whitepaper
EOS White paper
Eos.io
www.google.com
Please remember this is my personal opinion and not a financial/investment advice. You need to do your own research to make your own decision. Investing in cryptocurrencies can lead to financial losses.
Very nice analysis Vlemon. Upvoted for the quality of your work ;)
Let me buy some tokens, by the way EOS is avalaible on Bitfinex also (0.58$ today).
Let's remember that price that I will use to buy now and let see what will be the value in one month ;)
Thank you @cryptopassion
I hop we will both be able with our profits to have a few 🍾🍾🍾.
A bientôt ;).
I keep buying the dips, because it's the only token I truly believe in, plus Steem, but even more so once the platform is transitioned atop the EOS platform.
I don't believe in Bitcoin anymore, after seeing just how vulnerable it is to the cabals, and the creation of Bitcoin Cash to boot.
I've never believed in Ethereum, which just seems like a broken mess, with only shitcoins built atop it, so I am very much looking forward to the release of EOS, and the many more Steem backed projects that will inevitably be built atop it as well.
Amen Sir! I totally agree with you.
I believe in Dan! EOS
My 2nd pick would be Ripple (Transactions and strong management team)
I don't know how people don't get the fact that Dan has real working products, not promises like Ethereum... people will learn very late in the game, and it will be their loss.
I bought mine on HitBTC, both at ~$1.75 and $.75. I'm not worried about the dip at all. Just for the chance at something that could have a market cap of ETH would price it at least at $30 today.
Getting BTS and Steem on board is going to be a great move, giving authenticity and real world use to a new distributed OS. I bought a bunch of BTS recently too.
I wonder how bringing BTS and Steem onto EOS is going to work with token hodlers?
Agreed. HODL EOS!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Vlemon from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
This post has received a 0.78 % upvote from @drotto thanks to: @banjo.
I know a lot of people are psyched about this. Are you getting a stake? Will I be able to purchase via coinbase?
Hi there, you will not be able to buy EOS on Coinbase unfortunately.
One of the simplest way to get EOS from scratch is to set up a Coinbase account and a Bitfinex account. Buy Ether at Coinbase, transfer to Bitfinex then buy EOS through a standard limit trade. If you are buying a lot to hold then best to set up an Ethereum account and withdraw the EOS to cold storage until needed.
ok, thanks... everything seems like a labyrinth to the uninitiated (-:
or you could buy from the Exodus wallet and register the tokens on MEW (my ether wallet).
great posts and interesting
Thank you, I am glad you liked it.
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