EOS Valuation after 1st ICO (5 day) is...
EOS just finished up the first of it's planned 351 ICOs. The first ICO was the biggest, accounting for 20% of the total EOS tokens sold. The allocation by ICO is below:
- ICO #1: 200 Million Tokens (5 days)
- ICO #2 to 351: 700 Million Tokens (1 day/2 Million Tokens each ICO)
- Total sold at ICOs: 900 Million Tokens
- Developer's Fund: 100 Million Tokens
- Total EOS Tokens: 1 Billion Tokens
Results of 1st ICO (5 day)
- 200 Million Tokens Sold
- 651,902.18 Ether Raised
- $176 Million Raised
- Price Per Ether = 0.0032595
- Price Per USD (@ $270 Ether price) = 88 cents
- EOS Market Cap = $880 Million (based on ICO...not exchanges)
Current Price on Exchanges
The largest exchange I could find EOS on is Bitfinex. The price has been rising the past few hours as people figure out how to get their EOS tokens in their wallet. The current price per EOS token is:- 0.0054 Ether
- $1.40 USD
This represents a 60% premium if you are able to sell at the USD or Ether price above. Not bad at all. I was expecting no premium at all. Kudos to those who bought at ICO and sold for a premium. This also would result in a $1.4 Billion Market Cap!!
Current ICO (First 1 day ICO)
- 2 Million Tokens available
- 2,439 Ether raised with 16 hours to go
- 6,519 Ether needs to be raised to reach Ether price of first ICO
- You can track progress here http://eosscan.io/
How did my prediction work out?
You can read the post on my trading strategy pre-ICO here.. Some of my predictions were:- Market Cap after 5 day ICO prediction: $1 Billion to $1.5 Billion
- Actual market cap was $880 Million based on ICO, $1.4 Billion based on Bitfinex price...Ether price didn't go up as much as I thought, but that's in the prediction ball park.
- EOS token price per Ether prediction: 0.003
- Actual price per ether: 0.00326 Nailed it!
- You can see my prediction on the prediction contest by @chitty
- Ether price prediction: I predicted a sharp rise in Ether price during the 5 day ICO
- Miserable fail! Ether is struggling. I will do some research on some of the previous ICOs and what they have done with their Ether holdings. Maybe they sold big chunks of the Ether they raised?
Good predictions, will follow your next post, nearly all good.
Could someone help me figure out how to see my EOS tokens in my ethereum wallet?
Not bad. I thought many people would have been turned away by not knowing what price they were buying at.
FOMO is a powerful thing!
How to claim EOS tokens (MEW)
https://steemit.com/eos/@cryptokom/video-how-to-claim-eos-tokens
I don't have an issue with you posting a link to your post here...but, come on dude. No comment regarding my post, no upvote...just a link and a big ass picture of your post.
"...as people figure out how to get their EOS tokens in their wallet."
You spammed the same link/image 30x in the past 3 hours. Must be tired from all that cut/paste action.
Are you forcasting on Wings?
Had not heard of it until your comment. Based on just the charts, looks like it's range bound for next 4-5 days between 18k satoshi and 14k satoshi. Don't know much about it, but quick research makes it look like yet another over-hyped ICO platform. I'm staying away from it...and sold my Waves this week as well. Too many ICO platforms for me!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by FinancialCritic from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. 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.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
I prefer invest in the major cryptos.
Interesting article. What about the future price of EOS?
My guess is that it will decline over the next few months to below the 88 cent ICO price. Once the 1 year ICOs are over, then it could go up depending on what is actually developed.
Now @ 6.8 :(