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RE: The reason behind EOS' success today

in #eos6 years ago (edited)

In addition to all these things, I'm increasingly impressed with the move to support the EOS ICO with Ethereum. They're helping what is probably their closest competitor, Ethereum in the short term, but gains control of a staggering amount of ETH so when the time comes and all Etheretum EOS tokens are claimed on it's own blockchain, the EOS team have a huge stake in their competitor, and can sell out, driving down the price of ETH at the exact time they'll have all the hype of starting their own block chain. I don't know if this is genius or evil genius 😁 Time will tell how this will play out. EOS is sitting with a pretty strong hand IMO.

Just calculated how much of of ETH circulating supply EOS has from http://eosscan.io/ - Currently 3.14% of all ETH has been donated to EOS. This is only going to rise up until June. Interesting.

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