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A lot of money into it, for starters.

how many coins did you say were scams the other day? percentage? a LOT of money?

EOS has already $6 billion market cap and it was barely started, there were two releases - ahead of time - of the blockchain. Still time to grow, but it will need at least a major implementation / success story.

but so far it hasn't DONE anything.
is that right?

If its cool for me to jump in: EOS is in the fundraising and development stage. The reason people are so optimistic rests in large part on Dan Larimer, CEO, who also founded and developed the first versions of BitShares and Steem.

I don't think they have any active use cases yet, but given Dan's last two projects (two of the most widely used in blockchain) - seems reasonable to give it some credit for now.

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