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RE: Something strange is happening with EOS - Programmer explains
Please explain the value of this token ? According to the issuer this token has no use of any kind and it never will. They are making a completely separate blockchain that will not use this token. This is also not a "crowd fund" because they will not use the money to make the product.
Every current and future EOS erc20 token holder will get the exact same amount of EOS tokens on the new chain afer the ICO ends.
I did not get that information from my research , I would appreciate some link to that if you have it. From what I gather the EOS token has no purpose and does not represent any rights or claims on anything.
The exchange price is being pumped by the creators with the ETH they receive from the crowd sale, you can see in detail here: https://steemit.com/eos/@nsepia/eos-ico-is-a-ponzi-scheme-live-gambling-scam