The Professor
1 min readOct 28, 2018

All those incentives are present in ALL ICO’s, you get your money back in every ICO plus keep tokens. Negative aspects as same as all ICO’s, while positive are there far better than the ICO’s of projects like Consensys/Ethereum you defend for 0 reason.

And this ICO design prevents:

year long — allows unlimited people to enter

uncapped — allows unlimited people to enter

real time token trading on markets — allows markets to determine price and thus punishes coin grabs (which regular ICO’s incentivize).

selling ether real time — allows liquidation of large amounts over time instead of all at once, to get paid for their work during the year of distribution, and price be performance based.

So again, both designs allow ICO sellers to buy from their own sale for free, so Ethereum/EOS both have centralization by 1st party capture risk which is unacceptable. But EOS guys are lightyears ahead of you in understanding incentives which you apparently do not, as intelligent people do not work on Ethereum since it’s onecoin equivalent. https://www.reddit.com/r/ethereumfraud/

Sign up to discover human stories that deepen your understanding of the world.

Free

Distraction-free reading. No ads.

Organize your knowledge with lists and highlights.

Tell your story. Find your audience.

Membership

Read member-only stories

Support writers you read most

Earn money for your writing

Listen to audio narrations

Read offline with the Medium app

No responses yet

Write a response