"Why EOS.IO may be the best investment of our lifetime" Digest
1. The Team
- Dan Larimer: CTO, built Bitshares and Steemit (both top 50 coins and very successful), developer of the block-chain technology Grephene
- Brendan Blumer (Brendan Blumer is the Founder and CEO of block.one, the publisher of EOS)
- Brock Pierce (a founder and Managing Partner of Blockchain Capital (formerly Crypto Currency Partners)) (Welker, 2018)
2. Ethereum is the only one form of payment for EOS tokens
- ETH was $288 a token at the beginning and it will raise. Now it was trading above $900 today and it’s been as high as $1,400.
- Block.one would not keep their money in ETH tokens, which belongs to their biggest competitor (Welker, 2018)
3. Airdrop
EOS token holders will receive an enormous benefit, which really encourage them to HOLD.
After June 1st, people have to buy EOS tokens from an existing token holder on an exchange. Obviously, the price will increase (Welker, 2018).
4. Link between EOS token and EOS platform
The value of EOS token is directly linked to the success of EOS platform (Welker, 2018).
EOS platform is a more competitive space that is more scalable, flexible, usable and better governance compared with ETH (Larimer, 2017).
*More details about comparison between EOS and ETH
5. Resolve key problems
- The first blockchain operating system: support paralleled apps and multiple programming languages; lower development threshold for developers
- Support millions of transactions per second: it enables much faster application development massively reducing costs (Larimer, 2017)
REFERENCE
Welker, T. (2018, 2 15). Medium. Retrieved from Why EOS may be the Best Investment Opportunity of Our Lifetime That You Haven’t Already Missed: https://medium.com/@toddwelker/why-eos-may-be-the-best-investment-opportunity-of-our-lifetime-that-you-havent-already-missed-632be217151a
Larimer, D. (2017, 6). EOS Consensus Presentation May 2017. Retrieved from www.youtube.com/watch?v=MUZWZj1pu94&t=789s