Today is new day and it means that we are buying a new coin for our friend Warren Buffett. EOS that’s a coin of choice for today. For those who are unaware of what EOS has to offer, now is a good time to explore this project a bit further. First and foremost, EOS positions itself as the most powerful infrastructure in existence for decentralized applications. Ever since Ethereum got a lot of traction, the DApps ecosystem has suddenly become a lot more popular. There are a lot of different applications to be built on top of blockchain technology, as we have yet to explore what this technology is truly capable of. With more developers focusing on blockchain, things will get a lot more interesting in the future.
How EOS will factor into all of this remains to be determined. The team has focused on the critical pillars of blockchain which most other cryptocurrencies seem to be struggling with right now. Scalability, for example, is very hard to come by in the world of cryptocurrency these days. There are very few currencies which have a relatively stable network in this regard, let alone one that is future-proof. EOS wants to support thousands of commercial-scale DApps in the future, which is quite ambitious.
EOS also set an interesting precedent when it came to its token sale. More specifically, the team decided not to employ a predetermined price, but to instead use a market demand-based price. Right now, the value of EOS is skyrocketing, and it is unlikely that situation will change anytime soon. Users can still buy EOS tokens as of right now, assuming they are not from the US and agree to the entire investment agreement. It is well worth going over all of these aspects properly, as there could always be some conflicting statements which cause confusion.
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Today’s Action: EOS
Buy Price: 8.74
Buy It On: Binance
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