1 Level
5 Review
0 Karma
Review on EOS by Lena Schneider
The EOS vision is to build a blockchain dapp platform that can securely and…
The EOS vision is to build a blockchain dapp platform that can securely and smoothly scale to thousands of transactions per second, all while providing an accessible experience to app developers, entrepreneurs, and users. They aim to provide a complete operating system for decentralized applications focused on the web by providing services like user authentication, cloud storage, and server hosting.
Pros
- In addition to the promising technical innovations, a clever marketing strategy and an impressive team, the EOS token sale stands out in terms of the token distribution process. Instead of setting a monetary cap and a limited timeframe, as is currently the industry standard, EOS plans to distribute its tokens over 350 days with a variable price
Cons
- If this fate awaits EOS, it could prove to be catastrophic, since a united team with a clear delivery schedule is imperative for this project to succeed. The EOS website also displays an array of reputable companies which are allegedly involved in the token sale: Fenbushi Capital, Blockchain Capital, Li Xia Lai, Michael Cao, Bitfinex, Yunbi, Aurora Investment advisors and Hyperchain Capital. However, nowhere is it mentioned how exactly these companies are involved in the token sale.
