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RE: Will the Token Distribution System of EOS allow the price to skyrocket ? Not really sure, at least not yet.

in #cryptocurrency7 years ago

Nono I know how the distribution works :) On EOS.io total tokens distributed is 556M/1B while on coinmarketcap they talk about 441M tokens in circulation. You can see it on the screenshots of this post also.

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It may have to do with the 20000000 being held by the foundation fore core development. So there may only ever be 80000000. In circulation. Where's 20000000 would be amongst the foundation itself not public but I am not one to say on this.

Thank You Kindly

Isnt that 100M ? But indeed could be something like that.

actually yes 10000000 would put more precise perspective with circulation I suppose at the moment I'm not Sure to be honest if it is another 100M at the Inception for holdback .....but if there was only 800M-900M in circulation would be less to go around so that would mean Good For those that Have them when "all things" involved within EOS start to really MoVe.

Thank You Kindly

Maybe 556M is the token left to distribute.
Because 556 + 441 (ish) it's around 1 billion

Nono because the bar on EOS.io keeps on increasing :)

I don't know my friend =D
They might not be accurate on CoinMarketCap
I know sometimes they struggle with API connections