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RE: IEO´s The New ICO´s

in #crypto5 years ago

Dear @juanmolina

Thanks for the memo and this article regarding IEOs is very informative and the details are explained very extensively as like your other ones.

“….then to increase the speed of transactions and be the first to acquire the prized tokens They established high gas limits. Bringing as a consequence the so-called "gas wars".

To be more appropriate, I see a lot of disadvantages and the above is one among them. By establishing high gas limits, those who pay more will get more and vice versa, oh sorry, I cannot even say vice versa because those who pay less will have nothing because they will get not less but a few crumbs, which I must say is very partial.

Your reply to Pete made me feel upset.
“So the more money you have, the more bots you can pay and the more tokens you can acquire. Then those who have less resources will keep the crumbs.”

Your reply to Chekohler is like adding salt to the injury and far more worse than the earlier one.
“ These sales are scheduled. They are within the exchanges and only members can participate.
It is like the "chronicle of an announced death".
That is, when we see that the sale of millions of shares occurs in 10 seconds, we can only think that the cake had already been distributed and as you say: only crumbs for the assholes.”

If at all these partial activities are excluded and if all are able to participate and get the shares without being taken by the bots, maybe then this IEO can be an alternative to ICO or else it is of no use even with the better security features.