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RE: Reponse to Vitalik's Written Remarks

in #eos7 years ago

I dont think that is the case. I thought I read in there FAQ in the tokensale website that these coins have no rights. It dosnt mention anywhere that the current EOS tokens are going to be redeemed on the other side for 1 EOS.

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Well, the whole project is open source, and as so many people invested I think it's likely that someone will create EOS blockchain, where investors get their tokens. It's also mentioned in EOS website that they won't start the blockchain. I think it might be because, they don't want to be seen as the company running and being responsible for the blockchain, probably because of legal reasons. Either way, whoever starts the new blockchain will want to award investors if they don't want to loose trust, and loose to alternative chain (which is easy, to create because the software is already there and it will already have economic power).

Im just stating that it is worrisome that It does not mention these erc-20 tokens that are being distributed for the EOS ICO have no wording in the FAQ that they are going to be redeemed when the blockchain is created. So really there is no certain garauntee that your EOS in your wallets will be able to have any value when the EOS blockchain is released.