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It's tradable because it's an ERC20 token ( ethereum ). There is no working product yet.

To be fair however, Dan produced the Steem blockchain in 2 and a half weeks flat (I know this from insider info). To think he hasnt made EOS yet seems unlikey, I believe it is more likely that he learned from his Steem and Bitshares launch, how to garner big capital before launching the product.

I think dan and his team are more than capable of finishing the project. Just quoting what is in there white paper

https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md

Keen, thanks.

Also, thanks a ton for the comment!