Tutorial how to prepare for the ICO of EOS tomorrow

in #howto7 years ago (edited)

EOS - June 26, 2017 at 13:00 UTC

Distribution details:

The EOS Token distribution will take place over 341 days starting on June 26, 2017 at 13:00 UTC. One billion (1,000,000,000) EOS Tokens will be distributed according to the schedule below:

  • 200,000,000 EOS Tokens (20% of the total amount of EOS Tokens to be distributed) will be distributed during a 5 day period beginning on June 26, 2017 at 13:00 UTC and ending on July 1, 2017 at 12:59:59 UTC (the “First Period”)

  • 700,000,000 EOS Tokens (70% of the total amount of EOS Tokens to be distributed) will then be split evenly into 350 consecutive 23 hour periods of 2,000,000 EOS tokens each beginning on July 1, 2017 at 13:00:00 UTC

  • 100,000,000 EOS (10% of the total amount of EOS Tokens to be distributed) will be reserved for block.one and cannot be traded or transferred on the Ethereum network.

Go to: https://eos.io/ and scroll down:

eos.png

You have no choice but agree to all of this:

2017-06-25 (6).png

Now you should be here: https://eos.io/information and it's getting complicated for the new people.

Although they suggest to use Chrome + Metamask wallet I think it will be much easier to just use https://myetherwallet.com/ which is listed as an alternative:

eos2.png

Remember that you can't invest directly from you account exchange. You will lose your ETH and not receive any EOS!

InIncompatible wallets:

incompat.png

Participation explained:

EOS ICO will be dedividednto periods:

eos222.png

The first period in which you are able to buy EOS starts on June 26, 2017 at 13:00 UTC.

  1. Create an account here: https://www.myetherwallet.com/

  2. Backup your json file and private key.

  3. To log in use Send Ether & Tokens

  4. Fill in as followed and click generate transaction, then confirm to send.

eos22.png

How to claim EOS

The EOS Tokens will be reserved for you to claim when the period is completed.

  1. Go to your https://www.myetherwallet.com/ again. Click Contracts.

  2. Address and ABI / JSON will be revealed tomorrow here: https://eos.io/information at 13:00 UTC.

  3. Fill in the data and click Access:

eosos.png

Continue filling the new boxes which appeared below Access button

  1. Click ClaimAll from the function dropdown

  2. Load in your wallet file and unlock it

  3. Click Write

  4. set Amount to Send to 0 and Gas Limit to 3141592

  5. Click Generate Transaction

The EOS tokens should now be in your wallet.

Follow EOS official twitter to keep updated:

https://twitter.com/eos_io

Sort:  

Great info, thank you very much!

I'm glad it was helpful.

Hi @dawidrams,

Thank you for sharing information on how to use MEW for EOS.

For the period of 365 days. Will I be able to use MEW to purchase and claim EOS?

Follow me @Yehey
Thank you.

We should hire a linux guru to register the public keys, therwise we never see EOS tokens

Upvoted and resteemed. I'm surprised you don't have more votes. Thanks.

Thank you. Well I believe that they will come with time :)

Upvoted and resteemed. This is one of the most valuable posts on Steemit this very moment. Kudos.

Thanks, I believe that many Steemiters are interested in buying EOS which is developed by the Steemit creators.

If you contribute through MyEtherWallet, you will need to remember to generate an EOS Private Key and call the register() function in the contract before the end of the ICO.

Resteemed, valuable information. This 101 guide is great, and with a lot of explanations. I just opened the myetherwallet account :)

Uppvoted and Resteemed! Great info, thanks for taking the time to put this together.

I'm glad it was useful for you.

Great post!! Resteemed

Thank you for such a clear and useful guide. I'm so excited about EOS, this could be revolutionary!

Thnak you. It could be something great but I'm just concerned that it's built on top of Ethereum...

It's not.

Now I know that Ethereum is only used for the ICO and then ERC20 will be exchanged for proper EOS tokens.

Upvoted and resteemed :-)

Great information. This whole process seems very convoluted and confusing for a newcomer to grasp. Hope it works out.

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