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RE: The initial token distribution problem of STEEM and @dan talking about STEEM 2.0 on EOS (Telegram Q&A)
EOS is also centralized. ETH whales bought most of the EOS.
EOS is also centralized. ETH whales bought most of the EOS.
I can't find the chart at the moment but relatively speaking EOS had the best distribution when it comes o popular ICOs.
Yes. the distribution was better than STEEM but due to the ETH exchange rate vs EOS a lot ended up in the hands of a few ETH whales. Now, they will use their stake to vote for their business partners and friend for the witness positions.