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RE: What Is a DAC? - Explained

in #eosdac • 6 years ago (edited)

Hi @eosdac and @lukestokes ! Great informative video, thanks for sharing and educating the community!

When and where can we buy eosDAC? The reason I ask is because I believe the eosDAC being traded on exchanges is still a ERC20 Token. Am I right?

Would be great to know when are we going to see eosDAC on the mainnnet?

Regards, @gold84

6 years ago in #eosdac by
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     6 years ago  

    What is trading on exchanges is not a token at all. It's a private database entry. The ERC20 tokens themselves are frozen and will not transfer again ever. When withdrawals and deposits open up again on exchanges, it will be the EOS token on the EOS blockchain.

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     6 years ago  

    Thanks @lukestokes ! This was what I thought, however, I wanted to make sure.

    Regards, @gold84

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