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RE: EOS Token, What Are You Buying???

in #eos7 years ago

I don't think EOS ever actually intends to use those tokens. They only provide soft to run an EOS-style chain. As opposed to Ethereum there will not be a public chain.
Moreover transferring those tokens to the EOS world will be a pain :)

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EOS can't use the tokens -- they are on the ETH blockchain, EOS is creating its own block chain which you have to take your Erc20 tokens and register them to it -- the reason why EOS uses eth is because its blockchain is not up yet and it needed money to fund the project - so it was a year long ICO.

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