Conspiracy Theory Why is EOS taking Etherium for their ICO Release?

Using the Ethereum network to manage the EOS ICO has been a questionable choice. Since EOS is intended to be a major competitor for Ethereum, some have seen this as a hypocritical choice. But could there be a secret reason they decided to use Etherium?
Last week major exchanges had to stop all flow of ETH because the networks were bogged down with all the ICO purchasing.
EOS boasts as a much faster and more stable than Etherium and while bragging about EOS Etherium is choking on EOS ICO.
This could easily cause a drastic fall in Etherium price when EOS goes live.

So what is the EOS Conspiracy theory?

EOS The theory is that they want to bog down the Etherium network to prove how superior EOS is to Etherium.
What is your theory? Do you think EOS is the Etherium killer?
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