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RE: Block.one CEO Brendan Blumer Announces $1 Billion in Capital for EOS Projects
Could someone simplify the ROI for investors? If their money goes directly to entrepreneurs paying with EOS tokens in exchange for utilizing the platform, how will a baseless coin like this appreciate in value or pay dividends to investors?
The full details of how the EOS platform will work, and all the different functions it will perform have still not been released. One thing the team have said is that the EOS tokens will be used to pay for storage, hosting basically, on EOS servers for files used by DApps. Locking up tokens the same way we power up Steem will buy you a space and bandwidth on the EOS blockchain. I expect Dan will think up of other ways of staking EOS to make it an attractive token to hold, just like we have here on Steemit, while incentivising real interaction with the platform. I'm sure there are many projects that will want to have a seat the table on EOS in the future, just like they will want to have here on Steemit. That's the value proposition for me, as well as obviously hype, which will certainly come soon.