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The EOS ICO is about to make ICO file historical past. The year-long ICO is about to complete tomorrow with $4 billion invested within the venture.
EOS ICO
Block.one, the corporate launching EOS, raised capital for his or her blockchain venture by auctioning off the EOS tokens. For the previous 12 months, each 23 hours, two million EOS tokens have been auctioned to the very best bidder. Since this course of started on June twenty sixth, 2017, over 900 million tokens have been bought.
EOS is at the moment the fifth largest cryptocurrency, with a market cap of $10.6 billion. The EOS mainnet launch is about for June 2nd, solely three days away now.
A vulnerability within the EOS code was lately discovered however has since been patched. The EOS crew has now confirmed that the EOS mainnet launch continues to be on schedule, regardless of concerns.
What is the EOS ICO funding cash going for use for? Properly, at the least $1 billion of will probably be reinvested by Block.one into startups constructing on the EOS blockchain as soon as it totally launches.
As for the remaining $3 billion, it is nonetheless unclear what the cash goes for use for. No public announcement has but to be made. Nonetheless, the EOS crew appears to be like to be increasing, so maybe a few of the cash might be used to rent the most effective. Till EOS confirms, although, we are able to solely guess.
>> What is EOS? Block.one Explains the EOS Project through Series of Videos
Register Your Tokens
Do not forget to register your EOS tokens earlier than the launch of the mainnet. Take a look at our step-by-step guide on the best way to register your EOS tokens. Some exchanges will handle this process for you, so verify to see whether or not you are coated or not.
EOS Worth
EOS is at the moment promoting for $11.91, which places the coin down 2.74% up to now 24 hours.
Are you prepared for the EOS mainnet launch?
>> EOSIO 1.0 Update: What You Need to Know about the Upcoming EOS Launch
Featured picture: CryptoNinjas
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