EOS ICO: did the company send ethers in the 23-hour ICO to control price of EOS?

in #eos7 years ago

I have been buying some EOS from the ICO. In the past three days, I noticed that a large sum of ethers were sent in within the last 10 minutes before the period ended. The result was that the ICO price per EOS ended up much higher than the actual market price at bitfinex or kraken. This was the case for at least the period 32, 33, and 34. On 8/1-8/2/17, the ICO price was 0.0088 eth/eos, while the market was only 0.0078 eth/eos. On 8/2-8/3/17 period, the ICO price was 0.0081 while the market was 0.0077. By logic, no one wants to buy from ICO when the actual market is much lower than the ICO. Some one may argue that dutch auction functions like this. BUT, I checked the crowdsale transactions in the last 10 minutes of these periods, and found that there were many large entries like 500 eth, 482 eth, 300 eth, 200 eth, etc. On period 34, within the last 20 seconds before ending, there were a total of , more than 5000 eth were sent in. It only gave one the impression that the company may be sending in eth ( from what they collected from prior ICO) so that the price is controlled. I hope the eos company can come clean of this as it reflects poorly on their integrity. I like EOS and invested in eos. But, I hope the ICO is run in a manner matching the promise and image of EOS. I make clear that I have no concrete proof that the company is involved officially in this. However, I definitely like to see clarification from the company that they are not involved in this. On period 33, investors buying from ICO paid more than 12% higher price than buying from the actual market. I sent in eth early in the period, only to see more than 5000 eths sent in within the last 10 minutes making the price so high. If it is not corrected, I will stop investing in the ICO completely. It makes no sense at all.

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我也觉得公司在此事件上给出合理的解释,虽然我也很看好EOS

Hi everyone. I have found proof that the EOS company is sending ethers to the crowdsale. here is the wallet address where they sent 1000 eth to ICO #55 today just about 5 minutes before the period ended. The wallet address is: 0x7725e0bC98E61c47dcEb1906Be968492E8cD9080 . The funds in this address came from bitfinex_wallet2, where huge amounts of ethers were sent to and from. The other address linked to this activity is: 0xb876c09A96186f0336eAb3819568F500E4266eC6 . I guess one can argue that it is legitimate to do that as they should be concerned about the price stability of EOS. However, this runs contrary to "decentralization" in the whole crypto concept. Also, when they sent in 1000 eth to their own ICO, they received the same 1000 eths, but at the end of the period, they would have claimed 1000 eth's worth of EOS which would belong to the "real" ICO participants. This is a moral issue, isn't it? They may be gaining in terms of $, but they are losing in terms of moral high ground. How can one say Eos will be an ethereum killer when ethereum has been doing things in open, moral, and decentralized ways while EOS is behaving like this? Just some food for thought for everyone. My take is that, they should leave the market alone and free; otherwise, eos will lose people's confidence. why worry about eos price if one truly believes in the real merits of eos?

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