$202 Million: Daniel Larimer and his team completes first round of largest ICO ever!
The first round of the EOS ico (inicial coin offer), a highly advanced decentral operative system, for launching any Dapp on the blockchain, is done. This put Daniel Larimer and his team in the history books for ico's, since it is the biggest ico ever registered, with mindblowing $202 million invested.
The coin is already being traded on hitbtc.com at the price $1.06 (see picture below). Daniel Larimer, who also created Bitshares and Steem, now know what he have to do with his time, after he has set the goal and raised the money for, making the worlds first operative system on the blockchain.
https://hitbtc.com/exchange/EOS-to-USD
What can EOS do for us people?
EOS can be the platform that enables true free trade in all areas of life, since the Dapps in the Eos blockchain will be proven to be free of:
- manipulation from owners of services and websites (there are no owners of a Dapps and all code will be auditable)
- coversion from the state or any authority
- any taxation or fear of being tracked by governments, since true anonymity will be a naturel state of Dapps
And will add this value to the people that uses the Dapps based on EOS:
- low cost for transactions and services of any kind imaginable (For example ride-sharing-services, housing-services or trade of any product)
- any new digital product that we even cannot imagine what is today.
EOS is the next step in the revolution of technology and blockchains and will be the backbone infrastructure for a whole new generation of Dapps.
EOS price speculation
Short term, the price of EOS could be volatile, since any new coin's price usually is volatile. Over a longer period of time, the price is predicted to go up dramatically, since this coin has a very solid idea and creditable developers behind it.
High expectations
It seems like that the community behind Bitshares and huge a part of the Steemit community, is having high expectations to Daniel Larimers new project and coin. On the other hand it is a long term project and there are no actual project or blockchain to show off as of today. So only time will tell, if the expectations are meet or not. It is similar to Ethereums launch back in 2015, as there was no ready product when the Ethereum funding was initiated. We all know what happened with Ethereum, even that it took years before it came to the huge price and popularity as it is today. Something similar is expected to happen for the EOS project.
Steem on !
